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Title: Bitcoin May Hit $850,000, Former Thai Prime Minister Says
U.Today has learned that Thaksin Shinawatra, the former prime minister of Thailand, believes that the price of Bitcoin may reach $850,000 in the near future. The prediction is based on his analysis of historical trends and current market conditions.
In an exclusive interview with U.Today, Mr. Shinawatra stated that he has been following the development of cryptocurrencies for some time now and has a deep understanding of their potential. He emphasized that the market is volatile and unpredictable, but he believes that the price of Bitcoin will continue to rise in the long term.
“I am not a day trader, nor do I use technical analysis,” he explained. “I rely on fundamental analysis and my knowledge of the underlying technology. I have been impressed with the growth of the cryptocurrency market, and I believe that it has the potential to reach $850,000.”
Mr. Shinawatra believes that institutional investors are now entering the market, which will drive up the price of Bitcoin and other cryptocurrencies.
Source: u.today
