{"id":7021,"date":"2022-02-05T17:17:14","date_gmt":"2022-02-05T17:17:14","guid":{"rendered":"http:\/\/egrowonline.com\/?p=7021"},"modified":"2022-02-05T17:17:14","modified_gmt":"2022-02-05T17:17:14","slug":"celsius-network-ceo-expects-140k-bitcoin-and-6k-ethereum-by-end-of-2022","status":"publish","type":"post","link":"http:\/\/egrowonline.com\/?p=7021","title":{"rendered":"Celsius Network CEO Expects $140K Bitcoin and $6K Ethereum by End of 2022"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div>\n<p>Recently,\u00a0<a target=\"_blank\" href=\"https:\/\/celsius.network\/bio\/Alex%20Mashinsky\" rel=\"noopener\">Alex Mashinsky<\/a>, Co-founder, Chairman, and CEO of lending platform\u00a0<a target=\"_blank\" href=\"https:\/\/celsius.network\/\" rel=\"noopener\">Celsius Network<\/a>, shared some of his latest thoughts on Bitcoin and Ethereum.<\/p>\n<p>Speaking in a recent interview with Kitco News, Mashinsky was asked about the recent Bitcoin price crash, which brought BTC to $33K, roughly half of its last all-time high price in November 2021. Mashinsky argued that support for Bitcoin was strong in the $29,000 to $33,000 range, and that the digital asset was bouncing off of that price point.\u00a0<\/p>\n<p>He told Kitco there was a good chance $BTC would continue to retest its support before making another move up.\u00a0<\/p>\n<p>            <!-- Inline ads (all screen sizes) --><br \/>\n            <!-- Primis --><\/p>\n<p>            <!-- Inline ads (xs-lg screens) --><br \/>\n            &lt;!&#8211;<\/p>\n<div class=\"d-xl-none\">\n<div class=\"g-pt-30 g-pb-30 text-center\">\n                    Not in use\n                <\/div><\/div>\n<p>            &#8211;&gt;<\/p>\n<p>            <!-- Inline ads (xl screens) --><br \/>\n            &lt;!&#8211;<\/p>\n<div class=\"d-none d-xl-block\">\n<div class=\"g-pt-30 g-pb-30 text-center\">\n                    Not in use\n                <\/div><\/div>\n<p>            &#8211;&gt;<\/p>\n<p>As <a target=\"_blank\" href=\"https:\/\/dailyhodl.com\/2022\/01\/29\/celsius-network-ceo-predicts-new-all-time-high-for-ethereum-warns-bitcoin-could-crash-before-massive-rally\/amp\/\" rel=\"noreferrer noopener\">reported <\/a>by The Daily Hodl, he said:\u00a0<\/p>\n<blockquote class=\"wp-block-quote\">\n<p>The question is, we may have to retest it again. So there\u2019s a pretty good chance. The market usually likes to test support, and after that, we should see that increase.\u00a0<\/p>\n<\/blockquote>\n<p>Mashinsky predicted that Bitcoin would go up \u201cat least 300%\u201d from its current price point, bringing BTC to above $100K. He said his projection for Bitcoin\u2019s end-of-year price was between $140,000 and $160,000, largely unchanged from what he predicted a year ago.<\/p>\n<p>Mashinsky is also bullish on the outlook for Ethereum, saying that $ETH will break its previous all-time price high before the end of 2022, or in early 2023. He said he expects the price to go to $6,000 \u2013 $7,000, pointing out the strong use cases, number of applications, and growing adoption of Ethereum.\u00a0<\/p>\n<figure class=\"wp-block-embed-youtube wp-block-embed is-type-video is-provider-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio\">\n<div class=\"jeg_video_container jeg_video_content\"><iframe loading=\"lazy\" title=\"Why did Bitcoin crash, and will it ever recover? Alex Mashinsky\" width=\"500\" height=\"281\" src=\"https:\/\/www.youtube.com\/embed\/VEdrttFw8-A?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/div>\n<\/figure>\n<h2>Disclaimer<\/h2>\n<p><em>The views and opinions expressed by the author, or any people mentioned in this article, are for informational purposes only, and they do not constitute financial, investment, or other advice. Investing in or trading cryptoassets comes with a risk of financial loss.<\/em><\/p>\n<\/p><\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/www.cryptoglobe.com\/latest\/2022\/02\/celsius-network-ceo-expects-140k-bitcoin-and-6k-ethereum-by-end-of-2022\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Recently,\u00a0Alex Mashinsky, Co-founder, Chairman, and CEO of lending platform\u00a0Celsius Network, shared some of his latest thoughts on Bitcoin and Ethereum. Speaking in a recent interview with Kitco News, Mashinsky was asked about the recent Bitcoin price crash, which brought BTC to $33K, roughly half of its last all-time high price in November 2021. Mashinsky argued [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":7022,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[41],"tags":[4677,50,4408,467,158,711,175],"class_list":["post-7021","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ethereum","tag-140k","tag-bitcoin","tag-celsius","tag-ceo","tag-ethereum","tag-expects","tag-network"],"jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"http:\/\/egrowonline.com\/wp-content\/uploads\/2022\/02\/Alex-Mashinsky-768x392.jpg","_links":{"self":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/7021","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=7021"}],"version-history":[{"count":1,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/7021\/revisions"}],"predecessor-version":[{"id":7023,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/7021\/revisions\/7023"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/media\/7022"}],"wp:attachment":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=7021"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=7021"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=7021"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}