Crypto investment analysis: BTC will hit new high, as crypto bull billionaire predict

Recently a statement of Larry Fink could help experts to predict that BTC might surpass it’s all time high price $69000 which was recorded on 2021.

Mike Novogratz an American investor who also known as crypto bull billionaire, said in an interview on Bloomberg TV “I think the most important thing that happened this year is bitcoin is Larry Fink.”

He said by addressing Larry Fink statement “He got ‘orange-pilled,’ as we say. Orange pill is when you take a nonbeliever, and you make them a believer in Bitcoin. Larry was a nonbeliever. Now he says, hey, this is going to be a global currency. People around the world all trust it.”

Larry Fink is a CEO of BlackRock who recently provide positive statement about BTC. He states "Value comes from when people believe there's value, and now we have this preponderance of evidence," he added "180 million people around the world, without a gun to their head, take their hard earned savings and store it in this community of people that run this technology, you know, called bitcoin."

This statement could help experts to predict that BTC might surpass it’s all time high price $69000 which was recorded on 2021. Also similar way many market experts and analyst predict BTC could surpass $130000.

Another positive point that Novogratz mentioned is Ripple's recent court victory against the Securities and Exchange Commission, when the judge ruled that its cryptocurrency is not safe for the public. For him, this shows that the administrative law "is not clear."

 Currently the price of BTC is trading at $29000 zone. This sort of bullish statement of market experts and investors could help beginners to join the rally. But most of the important thing is that crypto investment is always a high volatile investing, where price fluctuation might effect base on several factors.