Kevin O'Leary: Bitcoin reaching a price of 1.5 million dollars signifies the collapse of the US economy
In response to Cathie Wood's statement that the most optimistic scenario after the bull market opens is that Bitcoin will reach 1.5 million dollars by 2030, investor Kevin O'Leary said that Cathie Wood has always been an advocate for Bitcoin, cryptocurrencies and chocolate, but this speculation is impossible. Such a price increase would mean a collapse of the US economy, so it's not a good guess because Bitcoin is often considered as a hedge against the world economy. Some people see it this way; for this reason, if Bitcoin quickly appreciates to this price (1.5 million dollars), it means that the US economy has already been shaken to some extent.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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