“Our internal valuation model indicates a price right now between $50,000 and $75,000,” said Seba Bank’s CEO. $BTC bitcoin cryptocurrency
Seba Bank CEO Guido Buehler shared his bank’s prediction on where the price of bitcoin is heading with CNBC at the Crypto Finance Conference in St. Moritz, Switzerland, on Wednesday. Seba Bank is a digital assets banking platform licensed by the Swiss Financial Market Supervisory Authority .We believe the price is going up. Our internal valuation model indicates a price right now between $50,000 and $75,000.
The Seba Bank boss further explained that institutional investors will help boost the price of bitcoin in 2022. He opined: Institutional money will probably drive the price up. We are working as a fully regulated bank at Seba. We have asset pools that are looking for the right time to invest.
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