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1021: Kraken CEO 'Very Bullish' on Bitcoin, Says Still Hopeful For $1.9 Million BTC This Year!!
Episode 1021

1021: Kraken CEO 'Very Bullish' on Bitcoin, Says Still Hopeful For $1.9 Million BTC This Year!!

Bitcoin News Alerts | Daily BTC Macro Signal · Justin Verrengia

August 18, 202219m 11s

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Show Notes

The chief executive of crypto exchange Kraken says that he's still very bullish on Bitcoin and that its improving fundamentals make it hard to bet against BTC.

In a new interview with Bloomberg Markets and Finance, Kraken CEO Jesse Powell says that he bought more Bitcoin when it was around $18,000, and hopes it will continue to climb even higher.

"I wasn't expecting all this craziness in the macro environment, however, I'm still hopeful that I'll be able to buy a Bugatti by the end of the year for one Bitcoin…

I'm still very bullish, I bought Bitcoin again at $18,000, so I'm happy to ride it all the way back up. I'm still very bullish in the long run, [its] fundamentals keep improving, so I would never bet against Bitcoin."

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