Bitcoin price is expected to double to $75,000 in 2022. On Wednesday, at the Crypto Finance Conference in St. Moritz, Switzerland, SEBA Bank CEO – Guido Buehler said, “We are in the opinion that the price is going up.” He further added, “this all-time high is due to more institutional investors adopting the world’s most popular cryptocurrency.”
“Our internal price models stipulate a price right now between $50,000 and $75,000,” said the Swiss bank’s manager. He added, “I am highly confident of seeing that level super soon. All depends on the right timing.”
In November 2021, bitcoin was winged to an all-time high of $69,000. BTC witnessed a value drop over the last couple of months and its price collapsed below $40,000 on Monday. The drop-down indicated the price fluttering a low not seen since September.
Will the Most Popular Cryptocurrency – Bitcoin Stand the Test of Record?
Asked if the most popular cryptocurrency – BTC will test the record levels like 2021, SEBA Bank CEO, Guido Buehler claimed