Bitcoin ‘Waiting for Reasons to Go Higher’, Says Blockchain VC Partner Spencer Bogart
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.”Read more: https://cointelegraph.com/news/bitcoin-waiting-for-reasons-to-go-higher-says-blockchain-vc-partner-spencer-bogartSpeaking 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.”
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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