Bitcoin ‘Waiting for Reasons to Go Higher’, Says Blockchain VC Partner Spencer Bogart

in #bitcoin6 years ago

From Cointelegraph


Blockchain Capital partner Spencer Bogart compared Bitcoin (BTC) to a “tinderbox” July 26, telling CNBC prices could grow further due to multiple “catalysts.”

Speaking to CNBC’s Fast Money, Bogart, who is regular commentator on the network and on cryptocurrency social media, adopted a notably bullish tone compared to just weeks ago when Bitcoin was trading around $6,000.

“Any number of catalysts could send bitcoin exploding higher,” he forecast, adding:

“Bitcoin is kind of a tinderbox right now, waiting for reasons to go higher.”

Read more: https://cointelegraph.com/news/bitcoin-waiting-for-reasons-to-go-higher-says-blockchain-vc-partner-spencer-bogart

Right now bitcoin feels like a tinder box just waiting for a spark. When this fire get's raging it's going to go for broke. That's my prediction at least. I'm bull on bitcoin and it's been a long year of waiting. It feels like the moment I've been waiting for might finally be arriving.

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