Bitcoin Could Surge By More Than 140%

The optimistic predictions about Bitcoin continue these days. Check out the latest ones that have been recently revealed.

At the moment of writing this article, BTC is trading in the red, and the king coin is priced at $27,615.

According to the latest reports, it seems that Tether’s chief technology officer (CTO) Paolo Ardoino has recently addressed a bullish sentiment on Bitcoin (BTC) as the flagship crypto asset sits below $30,000.

Ardoino says in a new CNBC interview that Bitcoin could “easily retest” its all-time high of slightly above $69,000 reached in November of 2021.

“I’m bullish given all what I said in terms of geopolitical uncertainty…

I’m bullish on Bitcoin. I think that it can easily retest the all-time high levels around $60,000+.”

He also said that Bitcoin would have to jump by around 145% to reclaim the record high.

According to the Tether CTO, the prevailing banking crisis is making a strong case for the adoption of Bitcoin.

“Bitcoin is in this moment, I think, decoupling from the traditional financial markets. I think that given the geopolitical situation we are in, the banking industry situation we are in, I think people are getting scared.”

A really popular crypto analyst and trader is expressing bullish sentiment on Bitcoin.

The pseudonymous analyst said recently that Bitcoin’s rally to the key psychological level of $40,000 would be swift.

The move from $30K to $40K $BTC is going to happen a lot quicker than most people think.

Plenty of people who *want* to be bulls, but are waiting for a dip will be left watching from the sidelines.

— K A L E O (@CryptoKaleo) March 22, 2023

“The move from $30,000 to $40,000 BTC is going to happen a lot quicker than most people think. Plenty of people who *want* to be bulls, but are waiting for a dip will be left watching from the sidelines.”