Former worker of Goldman Sachs ensures that the price of Bitcoin will reach $ 15,000

Former worker of Goldman Sachs ensures that the price of Bitcoin will reach $ 15,000

The cryptocurrencies are experiencing a downward trend for several weeks. Although in December of last year, Bitcoin reached its highest point, almost reaching 20,000 dollars, today its value is around US $ 6,000, which has caused panic in the crypto community. But a famous executive says that there is nothing to fear.

Christopher Matta, the former vice president of the investment management division at Goldman Sachs, is a firm believer that, despite the fall season he is going through, Bitcoin does have a bright future. Therefore, he said that by the end of the year the price of this cryptocurrency will be around $ 15,000.

After leaving the famous financial firm, Matta dedicated himself completely to the market of digital currencies, becoming co-founder of Media Luna Crypto Asset Management, a consulting company.

Due to its great optimism towards cryptocurrencies, it considers that Bitcoin, although it is not at its best, has a long-term upward trend, which is why it urges people not to panic, to bet on digital currencies and to invest in they.

"The bullish sentiment has not changed in the last six months," Matta said, according to CCN. "The regulators have begun to intervene. We believe that smarter regulations can be good. "

As for the introduction of Bitcoin to the futures market, which has been cataloged by many experts as the reason why this digital currency has not experienced a considerable increase in prices, the former director of Goldman Sachs assures that the Price volatility has been maintained or even increased; so it is quite complicated to determine if the futures really affected the price of the cryptocurrency. "I do not think there's necessarily a coincidence there," he added.

Like this, there are many other quite optimistic opinions regarding the price of Bitcoin and other digital currencies by the end of the year. However, it is important to remember that all these are predictions and that we will not really know the price of the cryptocurrency until the aforementioned date arrives.