Price of Bitcoin spiked above the $22,000 level earlier today
On Thursday, the price of Ethereum surged to as high as $1,400, but veteran traderIt should be noted that Pal's opinions should be taken with a big grain of salt. Following the collapse of Terra in late May, the analyst claimed that he never owned or recommended the tokens from the failed ecosystem, but a video of him claiming that the project was basically"risk-free" later emerged on social media.
Pal is also known for making some notoriously wrong price predictions. Last September, he predicted that the price of Bitcoin would surge to as high as $400,000 by Mach 2022. Of course, the top cryptocurrency failed to come anywhere close to that target after peaking at $69,000 in November and entering a brutal bear market.
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