In a news release released today, the founder of Quantum Economy said that Bitcoin's recent gain surpassed $ 23,000 - a rise of about 29% in a week - doesn't necessarily mean the market "Too hot" and headed for a demise like December 2017.

Greenspan said:

In our opinion, things are just getting started. We should probably not use any of the old metrics when determining possible increases.

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If demand continues to increase from these levels and supply continues to be limited, there is a clear possibility that we could see some 250% or even more increases in some days.

Greenspan said there is no "anyone on the planet that can predict" when Bitcoin (BTC) will fall in price, if any, but the price could be "any number between 23,800 and 1 million dollars. la per coin ”. Nor did he rule out Scott Miner's claim that crypto assets "must be worth around $ 400,000."

Greenspan said:

Now that we have crossed past all-time highs, there is no longer a level on the chart that could indicate where the price could eventually peak. However, it will appear at some point. You can be sure of that.

Other figures in the crypto space, like Binance.US CEO Catherine Coley, also see the current Bitcoin bull run as proof of sustained growth:

As the Fed and other regulators around the world seem to agree with the impact of inflation on fiat currencies, we will continue to see the diversification thesis on BTC's spikes, with prices outperforming. through important technical levels.