Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert
Zero fees, no slippage
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
Kevin O'Leary: Bitcoin reaching a price of 1.5 million dollars signifies the collapse of the US economy

Kevin O'Leary: Bitcoin reaching a price of 1.5 million dollars signifies the collapse of the US economy

2024/01/12 06:24

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.

1

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.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!