RBC interviewed Sergey Khitrov, founder of the Blockchain Life international forum and Listing.help project. According to him, this year Bitcoin may well update its historical maximum and reach $100,000.
“Given the multiple growth over previous periods, in 2022 the price of bitcoin can easily reach the level of $100,000. Also, judging by recent events, the world community has realized that traditional finance does not belong to you and can be blocked at any time. Therefore, it is much more reliable to keep funds in cryptocurrency, where only you have access.”– said Sergey Khitrov.
The expert does not believe that Bitcoin is in a downtrend stage: “We are not so far from historical highs, plus a lot of projects appear on the market, this is not so at the stage of decline”.
However, this does not mean that the rate of the main cryptocurrency of the world cannot decrease, but the decrease will not be significant. “The market can collapse at any moment, because the market is cyclical. But the collapse will not be the same as before, because now there are many large players on the market who buy off all the drawdowns.– said Sergey Khitrov.
When asked if cryptocurrencies could become an alternative to the traditional financial system, the expert answered: “Cryptocurrencies are already an alternative, although not as significant. The bulk of transactions are still carried out by the traditional financial system. The share of cryptocurrencies is still small, but I think in 5-10 years it will grow tenfold. At the same time, I believe that cryptocurrencies will never replace the traditional financial system: they will be able to complement it well.”.
Source: ixbt
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