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Alex Mashinsky, CEO of the centralized lending platform Celsius Network, expressed the opinion that prices for the flagship cryptocurrency and gold could rise next year.
In his opinion, fiscal and monetary policy in the United States will drive the growth of Bitcoin (BTC) and gold in 2022 as money supply increases and fiat currency continues to depreciate.
They [Министерство финансов США и Федеральный резервный банк] will continue to revive the economy, but sooner or later, both Bitcoin and gold will surge significantly, because people will realize that their money is being taxed and then devalued.
According to the CEO of Celsius Network, the price of BTC could rise to six figures in 2022.
As for Bitcoin, I expect it to rise again next year, reaching $ 140,000-160,000. I also expect gold to rise well above $ 2,000 and stay above that level when people realize that these two assets are the only ones not related to the “floating base”, that is, the dollar.
However, according to Mashinsky, before the rise, bitcoin and gold may first fall briefly, which will happen due to the futile efforts of the Federal Reserve Bank to fight inflation and reduce asset purchases.
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