Galaxy executive states that the probability of Bitcoin reaching new all-time highs every year is very high, and recommends that all institutions should buy in.

robot
Abstract generation in progress

Galaxy Digital’s Zac Prince expresses strong optimism about the long-term prospects of Bitcoin, believing that despite higher volatility, Bitcoin has a high probability of reaching new all-time highs each year. On The Milk Road Show, Prince highlighted structural positive factors, such as institutional investors’ acceptance of Bitcoin through ETFs and financial platforms that provide cryptocurrency investment channels. He considers Bitcoin a long-term portfolio allocation, combining store of value and growth potential similar to risk investments, a view he has held since investing in Bitcoin in 2015. He pointed out that last year’s retail investor disappointment towards Bitcoin, along with expectations of market volatility in 2025, all indicate a potential turning point for Bitcoin’s price. Prince emphasized that intergenerational wealth transfer and the growing demand from institutions are key drivers for future Bitcoin price increases, and advocates for including Bitcoin in diversified investment portfolios.

BTC0,56%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • بالعربية
  • Português (Brasil)
  • 简体中文
  • English
  • Español
  • Français (Afrique)
  • Bahasa Indonesia
  • 日本語
  • Português (Portugal)
  • Русский
  • 繁體中文
  • Українська
  • Tiếng Việt