RE: CIO of BlockTower Capital says Bitcoin could 10x-30x from current levels due to hyperinflation
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That's quite a bold forecast! Given the state of the global economy, and the impact that Coronavirus has had and will have, it's certainly possible to see central banks printing money out of control. There's only so much in their war chest saved up, so we could absolutely see this massive gain in BTC as it becomes a more attractive form of representing wealth, either as investments or a currency.
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He's been decent with his predictions in the past. He was saying $50k BTC in late 2017 or early 2018, so he missed on that one.
Ah, interesting. Here's hoping his new prediction will hit the mark, eh? If gold can touch $2,000, then Bitcoin surely could get to $20,000!