According to Steve Ehrlich, co-founder of Voyager Digital, investors continue to dive into bitcoin amid global economic uncertainty. The cryptocurrency confirms the status of a haven asset.
Ehrlich said: "Bitcoin is extremely resilient, and as it spreads further, it proceeds to position itself as a reliable form of savings."
The co-founder of Voyager Digital made his statement against the background of Bloomberg data on the appearance of the first signal to buy bitcoin since March. The GTI has gained more than 200% over the past five months.
According to him, that is a very positive signal, which can cause another breakthrough of bitcoin, at least up to $ 12,000. Moreover, experts do not exclude any option in which the annual maximum will be updated.
On Friday, September 18, the largest digital currency was trading at $ 10,930. The day before, the coin was falling in price - there were risks of a rollback below $ 10,800.