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Bitcoin 0K prediction, spot Ether ETF ‘staking issue’— Thomas Fahrer, X Hall of Flame

Bitcoin $500K prediction, spot Ether ETF ‘staking issue’— Thomas Fahrer, X Hall of Flame

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Source: Coin Telegraph

Thomas Fahrer says multiple “low-probability” events could push Bitcoin into a “strong bull market.”

A number of factors in Bitcoin could increase its price over eight times its current value, even if most of them dont materialize, according to the CEO of crypto-focused reviews portal Apollo, Thomas Fahrer.

Each one of these individual things is kind of a low probability, but theres a lot of low probability potential outcomes that can cause a really strong bull market for Bitcoin, Fahrer tells Hall of Flame. 

He predicts that, even if just a couple of these events occur, Bitcoin could reach the half-a-million-dollar mark within the next four-year cycle.

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Author: Ciaran Lyons