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NBA Legend Who Predicted Bitcoin’s Bull Run Now Sets a $1 Million Target
Scottie Pippen, the former professional basketball player and BTC enthusiast, has made another bold prediction in the crypto space. This time, he believes that the price of Bitcoin (BTC) will reach an astonishing $1 million.
Pippen’s previous prediction proved to be correct when he accurately forecasted a surge in BTC’s value to $84,650 on November 5th this year. The cryptocurrency indeed surpassed his target just days later.
In light of recent market fluctuations, many have questioned whether the current bull run is sustainable or if it has already reached its peak. However, Pippen seems unconvinced and remains optimistic about the future prospects of Bitcoin.
According to his latest statement, he believes that BTC’s market cap still has a lot of room for growth, with an astonishing $1 million target in sight. It appears that he is not deterred by the recent downturn, which saw the asset drop below $93,000 after Federal Reserve policy updates.
As we can see from the graph above, Bitcoin’s price experienced a substantial surge throughout 2024, culminating in an all-time high of over $108,000 in mid-December. However, this rally has since been halted by recent developments.
Regardless of these short-term fluctuations, Pippen remains steadfast in his belief that the cryptocurrency is poised for significant growth and will eventually reach his ambitious target.
Source: cryptopotato.com
