Bitcoin price predictions abound through bull and bear markets. In recent times, there have been numerous optimistic price outlooks for the digital asset, with some putting it as high as $200,000 by year-end. The growth of the cryptocurrency through recent years, which has been compared to that of the internet, but on an accelerated timeline, has been the major push behind these predictions. However, Shark Tank star Kevin O’Leary proposes another factor that will drive the asset above this point.
Institutional Investors Are The Big Push For Bitcoin
Millionaire Kevin O’Leary who is a prominent figure on the popular show Shark Tank recently shared predictions for bitcoin and what he believes will drive the digital asset to that point. Following the school of thought of many who have had large price predictions for cryptocurrency, O’Leary stressed the importance of institutional money coming into the market to drive the price up.
Up till now,…