Bitcoin Analyst Predicts Further Surge, Believing Market Will React Only at High Levels

Senior cryptocurrency analyst James Van Straten has made bold predictions about the future of Bitcoin’s price, suggesting that it could reach far greater heights. Notably, he believes that Bitcoin’s $10,000 mark did not trigger widespread chaos as anticipated, echoing a similar lack of reaction to gold’s dramatic surge in value. Van Straten points out, ‘When Bitcoin first reached $10,000, I thought reaching $100,000 would cause major disruption due to inflation and liquidity concerns. But the public simply did not react.’ He further states that similar situations with gold’s price doubling to $3,300 in just 18 months also went largely unnoticed by mainstream society.