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*Walter Bloomberg
@DeItaone
Joined August 2014
40 Following    1.9M Followers
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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