Bitcoin Adviser’s Luke Broyles predicts that Bitcoin could reach $5M or even $10M and traders would still not accept that it can go higher.
The crypto analyst bashed Bitcoin-skeptic investors during the Coin Stories podcast on Friday, where he told Natalie Brunell:
I think Bitcoin will be at $5 million, $10 million or more, and people will still be saying – Yeah, well it’s 8% of world assets now. It can’t go any higher, right?
As noted by Broyles, skeptics have followed the same ‘it can’t go any higher’ pattern since Bitcoin’s day one and they’ll likely stay on track in the future as well.
Yet, despite the community skepticism, Bitcoin endured and is now on track to break another ATH by the end of 2025, following Trump’s GENIUS Act coming into play.
When that happens, Bitcoin Hyper ($HYPER) is likely to explode, as the $13M presale is already one of the fastest-growing presale events in 2025.
Investor Skepticism is Holding Bitcoin Back
During the Coin Stories podcast, Broyles argued that the main issue holding Bitcoin back isn’t technical in nature, but psychological. More specifically, crypto skepticism is holding Bitcoin back by preventing mainstream adoption.
And behind skepticism is the lack of technical knowledge, which is what’s preventing investors from diving into the crypto ecosystem to begin with.
According to an August
Go to Source to See Full Article
Author: Bogdan Patru
