Rogoff Dey Revise Bitcoin Forecast as BTC Dey Soar Pass $100K
Harvard economist Kenneth Rogoff don admit say im 2018 Bitcoin prediction no correct. Him bin talk say BTC go fall reach $100 by 2028 because regulators dem go clamp down and adoption no go wide. But after 2024 US election, Bitcoin jump over 900%, pass $100,000 for 2024. Rogoff now talk say e underestimate how Bitcoin dey important for the $20 trillion underground economy and e dey overrate how regulators fit stop the use. Him warn say because regulators no dey do sharp crypto regulation, bad markets dem dey grow well well, wey don set price floor for Bitcoin. Him also talk say regulators for US get plenty crypto reserves, so e fit cause conflict interest. Na this e reflect show how e go hard to regulate crypto well and how market go fit shake. Traders suppose dey watch US policy well well; any change fit cause wahala for Bitcoin price and market stability.
Bullish
Rogoff admit say im undersabi the waka wit Bitcoin resilience plus how e dey play part for underground economy mean say Bitcoin legit dey grow. Him warning say make dem no too regulate cryptocurrency 'fit set price floor mean sey BTC get basic support. Short term, traders fit see confidence wey one famous economist get, enter market, make market shine. Long term, wen dem sabi say regulatory wahala and volatility fit affect, dem fit arrange strategies, but overall trend be say Bitcoin get better future as e dey stable and people dey use am more.