BTC and ETH will break all-time highs in 2022 — Celsius CEO

Cointelegraph’s Joseph Hall met Alex Mashinsky (CEO of Celsius Network) to discuss a variety of topics including the future direction for Ether and Bitcoin markets.

Mashinsky claims that Bitcoin (BTC), received strong support from around $30,000 to $33,000. According to Mashinsky, Terra’s recent purchase of BTC played a major role in supporting BTC’s value. He also believes that other institutions have entered the market. He mentioned that retail investors could also join the BTC market, which may help it reach new heights.

“I believe that there is demand. “I don’t think we will revisit previous lows.

Mashinsky, on the other hand, acknowledged that there are “clouds in our sky.” If Russia continues to attack Ukraine, the public markets will feel the effects. He also pointed out that the actions of the United States Federal Reserve could also cause a negative turnout.

Mashinsky believes that Bitcoin (ETH) and Ether will both reach new heights in 2022, despite the obstacles. He said that:

“It will take us longer for new highs. However, I expect us to surpass the $60,000 mark on Bitcoin and break the $4,000.50 on Ethereum this year.

Related: Blockchain.com founder believes the UK and EU are ‘progressive crypto regulators

Hall and Mashinsky discussed other topics, such as decentralized and centralized finance. Mashinsky commented on Vitalik Buterin’s ideas that the crypto space requires semi-centralized solutions.

He’s basically saying that we don’t need to be 100% DeFi. CeFi and DeFi can be seen as two sides of one coin. Sometimes you can use DeFi and sometimes you have to CeFi.

The entrepreneur also shared a simple trading strategy. He explained that if someone buys BTC but can’t sleep it means they have too many Bitcoin. However, if one purchases BTC and then sleeps like a baby, they don’t have enough Bitcoin. He said, “Find the sweet spot that works for you and stick with it.”

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Eileen Wilson

Eileen Wilson –Technology and Energy My Name is Eileen Wilson with more than 5 years of experience in the Stock market industry, I am energetic about Technology news, started my career as an author then, later climbing my way up towards success into senior positions. I can consider myself as the backbone behind the success and growth of topmagazinewire.com with a dream to expand the reach out of the industry on a global scale. I am also a contributor and an editor of the Technology and Energy category. I experienced a critical analysis of companies and extracted the most noteworthy information for our vibrant investor network.

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