The co-founder and managing partner of crypto lender Nexo, Antoni Trenchev, is bullish on Bitcoin (BTC) despite the recent market shakeout.
Trenchev says in a Bloomberg interview that BTC could surge by about 130% from the current levels over the coming months.
“[Bitcoin is] going to a $100,000. We will see that level for sure. Whether it happens by the end of June, my optimistic scenario, or towards the end of the year. Ultimately, it doesn’t matter.
But it’s fascinating how resilient this asset is, and the more bearish the consensus gets, and this appears to be happening right now, the more bullish I personally get.”
Bitcoin is trading at $43,351 at time of writing.
Asked whether the plans by the Federal Reserve Bank