Here’s how high Bitcoin price may jump in future, per influencer David Gokhshtein, and it’s not $1 million per coin
Crypto entrepreneur and enthusiast David Gokhshtein, founder of Gokhshtein Media, has taken to Twitter to share his thoughts on the future of Bitcoin’s price and comment on a recent manifold of articles in the crypto media.
It seems that Gokhshtein does not believe that Bitcoin will reach the whopping $1,000,000 level in any future scenario. However, his expectations of the price of the flagship crypto remain pretty high.
“I’ll take $250,000 per coin”
The founder of Gokshtein Media tweeted that he has recently seen several articles claiming that bitcoin is going to reach $1 million in the next few years.
It seems that Gokhshtein does not agree with such an overoptimistic view and says that a price of $250,000 per coin would do fine for him.
The same forecast has been offered by pro-crypto billionaire Tim Draper over the past few years.
Gokhshtein on future price of SHIB
David also reckons that the next crypto bull run will give the world some new millionaires. He emphasized that these will be those who believe in the crypto space and the recently created protocols.
This certainly includes people who have bought lots of new coins, a great deal of which will sink without trace. Billy Marcus, the co-founder of Dogecoin, has stated many times that he believes crypto is merely gambling and speculation.
Curiously, this is not the first time Gokhshtein is standing against the widely-believed-in and expected crypto price surge. Earlier this year, he tweeted that he does not see Shiba Inu reaching $1. However, he tweeted that he believes it could reach $0.001.
Whales Have Been Buying a Lot of Bitcoin Lately
As reported by the sentiment data aggregator, over the past five days, large crypto investors, also known as whales, have accumulated nearly 48,000 BTC—47,888 coins to be precise. This amount of BTC is worth $790,611,724 at the current BTC/USD exchange rate of $16,509.
This has happened after whales have been selling their Bitcoins over the past year, while the price was going down. Still, after FTX collapsed and pushed the BTC price even lower, they began buying Bitcoin back.
