The year 2022 has started movingly for Bitcoin. The fluctuation of cryptocurrencies makes long-term investors think and worry. However, positive news began to come for investors.
Speaking to CNBC at the Crypto Finance Conference held in Saint Moritz, Switzerland on Wednesday, SEBA Bank AG CEO Guido Buehler said that Bitcoin saw a new peak and recorded $69,000 in November. predicted that:
“Our internal valuation models are currently priced between $50,000 and $75,000. I’m pretty sure we’ll see that level. It’s always a matter of timing.
Institutional money will likely push the price up. We operate as a fully regulated bank. We have asset pools looking for the right time to invest”
Of course, this is all guesswork. Therefore, investors should do their analysis correctly. You can gain or lose money from trading cryptocurrencies.