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Chamath Palihapitiya Says Bitcoin Could Reach $1.14 Million as Halving Cycle Repeats

The post Chamath Palihapitiya Says Bitcoin Could Reach $1.14 Million as Halving Cycle Repeats appeared first on Coinpedia Fintech News

Billionaire investor Chamath Palihapitiya says Bitcoin’s historical halving cycles continue to point toward significant long-term upside. While discussing Bitcoin’s past performance, he argued that each halving has been followed by a period of consolidation before a powerful expansion phase takes over. According to Chamath, the current cycle is following a pattern that investors have seen …

Source: Original Article