Alex Mashinsky, CEO of Celsius, has given his predictions about the market which are quite different from others. He believes that during the 2017 bull market, Bitcoin was all about hype as people were not very much aware of cryptocurrencies. There were a huge number of first-time users at that time however, this time, the case is different. Celsius CEO claims that this year no one is searching about Bitcoin and it is not that popular in google searches. The reason being that everyone is already very well aware of Bitcoin, this year. Celsius CEO Started Talking About New All-Time High in February According to Celsius CEO, everyone is very well aware of Bitcoin in this bull market and they know from where they can buy one. Hence, there are far fewer searches as compared to the previous all-time high. This year, it has been seen that many payment giants have already launched Bitcoin on their platform. Due to this, there is much more public awareness about cryptocurrency, than it was before. COVID-19 pandemic has also contributed to a great extent when it comes to the wider crypto adoption. Celsius CEO mentioned that he started talking about the new all-time high of Bitcoin, back in February 2020 only. During that time, he mentioned that Bitcoin is going to reach a new all-time high before entering 2021. Bitcoin Price Might Fall to $15-16K The prediction about the new all-time high by Celsius CEO turned out to be completely true. This time, he believes that Bitcoin price might be falling to the $15-16K level, before going further. His predictions seem to be quite different from others in the crypto community. He said: “There is still less supply and more demand, so Bitcoin price has more to do with what the economy, COVID-19, and the USD do than what Bitcoin does.”
The post Celsius CEO Believes This Bull Market Different From Previous One appeared first on Cryptoknowmics-Crypto News and Media Platform.
from Live Crypto News – Cryptoknowmics-Crypto News and Media Platform
