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Disclaimer: The blog posts and comments on this blog and posts on social networks are not investment recommendation, are provided solely for informational purposes, and do not constitute an offer or solicitation to buy or sell any securities. The opinions expressed on the blog are Petar Posledovich's. Petar Posledovich does not guarantee the accuracy of the information presented on this blog and social networks. The information presented is "as is". The blog is stocks analysis and valuation, Bitcoin, Cryptocurrencies, Artificial Intelligence, AI, deep-learning focused. Independent, unbiased AI insights. Petar Vladimirov Posledovich is not liable for any investment losses incurred by reading and interpreting blog posts on this blog and posts on social networks. Conflicts of interest: I may possess some of the securities, currencies or their derivatives mentioned in the blog post and posts on social networks! The blog is property of Wolfteam Ltd. www.wolfteamedge.com Respectfully yours, Petar Posledovich

Wednesday, August 17, 2022

Bitcoin's Price


Bitcoin is trading at 23 000 USD.

I forecast Bitcoin's price will surpass 100 000 USD in 5 years.

Not least, because the Federal Reserve will stop raising the federal funds rate, the global interest rate for short. The Federal Reserve can even start lowering the Federal funds rate in an year.

Bitcoin is financial technology, fin-tech in its purest form. The adaptive blockchain algorithm which creates Bitcoin is going to deeply change and upend all industries.

Soon more institutional investors will start investing in Bitcoin their trillions of USD under management.

Retail investors will also return en masse.

These developments could simply make Bitcoin's price explode from current levels, according to my estimates.

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