Custodia Bank CEO: Bitcoin Price to Surge in October
The CEO of Custodia Bank predicts the biggest short squeeze in the history of mankind following Wall Street's adoption of Bitcoin as it becomes financialized. The Bitcoin market will see a "roaring" bull market before the U.S. presidential election, and the fundamentals still look strong despite the current price decline.
She added that every time Bitcoin has been halved, the BTC price has fallen because miners have been unable to stay in business and liquidated their BTC holdings, and that she sees the price of Bitcoin rising sharply in October.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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