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Crypto.com’s CEO, Kris Marszalek, in a recent CNBC interview, sheds light on Bitcoin’s promising future despite its dip from all-time highs. Drawing from a rich pool of data, Marszalek compares the current market trends to the period between December 2020 and January 2021, when Bitcoin surged from $20,000 to over $60,000. This comparison suggests we might be on the brink of another significant rally.
Bitcoin’s recent fall below $67,000, after hitting $73,000, doesn’t deter Marszalek. He points out that the cryptocurrency has faced and recovered from much larger drops in the past, indicating that the current volatility is relatively mild.
Marszalek remains upbeat about Bitcoin’s long-term prospects. He envisions a steady increase in its value, supported by growing market size and liquidity. His advice is to hold Bitcoin for the long haul, emphasizing its potential for substantial long-term appreciation. This outlook positions Bitcoin as a resilient asset in the digital finance landscape.
