ShapeShift CEO: Bitcoin Will Reach $40,000
Despite the fact that according to some experts the digital currencies market will not be able to recover the positions lost in the wake of the convulsive 2022 in the coming months, ShapeShift CEO Erik Voorhees believes Bitcoin will soon start to grow.
According to him, BTC may grow to $40,000 within the next six months.
In addition, the analyst does not rule out the beginning of a long bullish phase within three years.
Subscribe to our Telegram channel to get daily short digests about events that shape the crypto world
According to him, the trend will change only if the Fed abandons the tight monetary policy, something that could happen around summer.
Voorhees has stressed:
«I wouldn’t be surprised if Bitcoin hit like $40K by the summer. This is a huge gain.»