Hello Dear friends steemians ,
I m watching personally this market last 3 years what i study this market is very volatile but i find that we reach again were we start that means betting time we get opportunity to entre and market experts saying same thing.
If you re bullish for the long term $6,000 is a decent entry point same market expert said.
Bitcoin Price Could Hit $15,000 This Year Fmr. Goldman Sachs Exec.
Christopher Matta a former vice president of investment management division at Goldman Sachs still maintains he would invest his mother’s money in bitcoin. A callout box on the TV screen noted Matta believes a return to $15,000 for bitcoin is attainable.
Now the co-founder of Crescent Crypto Asset Management told CNBC’s Fast Money in June that even for the most conservative investor, the risk adjusted returns on cryptocurrency are good compared to other asset classes even with the volatility.
More Investors Expected
Downward periods have happened before he said Over the long term the infrastructure will continue to be built. This will encourage retail as well as institutional investors to enter the space. In the future he said products such as ETFs will increase access to the asset class.
Asked if he is seeing new buyers coming in Matta said that he is.
Thank You
Digital Manish
