FORMER CREDIT SUISSE RISK HEAD SEES BITCOIN AT $150,000
CK Zheng, former Credit Suisse global head of valuation risk, says Bitcoin’s worst may be over and expects it to reach $150,000 by late 2027.
Zheng sees regulatory clarity, institutional adoption and potential passage of the CLARITY Act driving the next bull cycle.
He also expects rising U.S. debt to increase demand for Bitcoin and gold as dollar-debasement hedges.
Bitcoin currently trades near $78,535.
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Insurance Australia said a settlement of proceedings brought by Credit Suisse entities over Greensill trade credit insurance policies hasn’t been finalized
Past week:
– Canada <> EU
– Scotland, Wales, N. Ireland talking about leaving UK
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– Suisse strengthening security measures
– WH signing new Russia sanctions bill
– Poland says Russia planning to strike NATO
– [god knows what else…]
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Tonight it's 🇨🇭 Switzerland vs. Colombia 🇨🇴
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