'I should have bought a lot more,' laments billionaire investor on Bitcoin
June 8, 2021. Summarized by summa-bot.
Compression ratio: 35.6%. 1 min read.
Marc Lasry said Bitcoin could go anywhere from $20,000 to $100,000, noting that the market is already established.
In a Tuesday interview with CNBC’s Squawk Box, Lasry said that while the price of Bitcoin (BTC) could go anywhere from $20,000 to $100,000, the market has been established, implying it is unlikely to go to zero.
“Once a market is created, it’s there,” said Lasry.
Lasry’s prediction three years ago came when the price of Bitcoin was under $10,000 following the 2017 bull run and subsequent crash.
At the time, he said BTC investors could make “5 to 10 times their money in 3 to 5 years. ”