
PANews|Jun 11, 2025 02:46
Bitwise CEO: When Bitcoin reaches $130000 to $150000, no one will sell it
Bitwise CEO Hunter Horsley stated in a post that "once Bitcoin breaks through $130000 to $150000, no one will sell their Bitcoin anymore.
At present, the price of Bitcoin is around $100000, and those who hold a large amount of Bitcoin and bought it at an extremely low price a long time ago seem to be selling some.
However, on the other hand, once Bitcoin breaks through a new price level, this selling behavior will gradually decrease. Since then, when people needed liquidity, they would borrow from a growing group of lenders. All of these will further drive up the price of Bitcoin. The supply of Bitcoin is simply not enough
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