Custodia Bank CEO: Bitcoin price will rise significantly in October
ChainCatcher news, Custodia Bank CEO predicts that Wall Street will financialize Bitcoin, and after Bitcoin is adopted by Wall Street, there will be the largest short squeeze in human history. Before the U.S. presidential election, the Bitcoin market will experience a "roaring" bull market, and although prices are currently down, the fundamentals still look strong.
She added that every time Bitcoin undergoes a halving, the BTC price always drops because miners are unable to sustain their operations and liquidate their held BTC. She believes that the Bitcoin price will rise significantly in October.
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