From Cointelegraph
Blockchain Capital partner Spencer Bogart compared Bitcoin (BTC) to a “tinderbox” July 26, telling CNBC prices could grow further due to multiple “catalysts.”Read more: https://cointelegraph.com/news/bitcoin-waiting-for-reasons-to-go-higher-says-blockchain-vc-partner-spencer-bogartSpeaking to CNBC’s Fast Money, Bogart, who is regular commentator on the network and on cryptocurrency social media, adopted a notably bullish tone compared to just weeks ago when Bitcoin was trading around $6,000.
“Any number of catalysts could send bitcoin exploding higher,” he forecast, adding:
“Bitcoin is kind of a tinderbox right now, waiting for reasons to go higher.”
Right now bitcoin feels like a tinder box just waiting for a spark. When this fire get's raging it's going to go for broke. That's my prediction at least. I'm bull on bitcoin and it's been a long year of waiting. It feels like the moment I've been waiting for might finally be arriving.
Leave your thoughts in the comments below.
Follow to stay up to date on more great posts like this one.