Supercycle may propel Bitcoin over $1 million, Kraken’s Dan Held says
According to Dan Held, growth lead at Kraken, is currently experiencing a supercycle that could propel it all the way to $1 million.
In Held’s view, this market cycle is fundamentally different from previous ones. “This is one in a hundred year moment”, he said, mentioning the coronavirus crisis, growing distrust in financial institutions and central bank money printing as catalysts of the current crypto bull market.
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