Seba Bank's Guido Buehler forecasted that bitcoin's price would sit between $50,000 and $75,000 sometime this year.
Seba Bank’s Guido Buehler forecasted that bitcoin’s price would sit between $50,000 and $75,000 sometime this year.
Additionally, the digital bank raised $120 million in a Series C funding round co-led by DeFi Technologies and Alameda Research. The organization vowed to use the funds to expand into new markets globally and increase the product offerings.for CNBC, Buehler – the man in charge of the Switzerland-based banking platform SEBA Bank – said bitcoin’s USD value could nearly double this year, according to his company’s estimations.
Buehler believes BTC’s new all-time high will be a result of the growing interest from institutional investors:Pascal Gauthier – CEO of crypto wallet Ledger – opined similarly. In his view, investors nowadays trust bitcoin “more and more, and it’s the people that will push the price up.”Despite his bullish forecast, Buehler believes the asset’s volatility will remain high during 2022. He explained that bitcoin had lost some ground since the beginning of the year because it is a risk asset.
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