Eric Trump, who is similar to U.S. President Donald Trump, is a staunch supporter of Bitcoin and cryptocurrency, and has once again declared his support for Bitcoin. Speaking at the SALT conference in Jackson Hole, Wyoming, U.S., Eric Trump reiterated his optimistic outlook on BTC, stating that the value of Bitcoin will reach 1 million dollars in the long term.
Eric Trump, who identifies himself as a "Bitcoin maxi", stated that he predicts Bitcoin will reach $175,000 by the end of this year in the short term.
"There is no doubt that Bitcoin will eventually reach 1 million dollars. But I expect it to reach 175,000 dollars by the end of this year."
Trump also added that he spends more than 50% of his time on cryptocurrency.
Eric Trump previously shared an analysis by cryptocurrency analyst Ted Pillows that Ethereum could have traded above $8,000. This analyst argues that ETH is currently undervalued and is one of the best opportunities in the market. Eric Trump shared this analysis again and agreed.
In previous statements, Eric Trump said he had invested in alternative cryptocurrencies called Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and Sui (SUI).
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Eric Trump, Talking About Bitcoin And Revealing His Short-Term And Long-Term Predictions
Eric Trump, who is similar to U.S. President Donald Trump, is a staunch supporter of Bitcoin and cryptocurrency, and has once again declared his support for Bitcoin. Speaking at the SALT conference in Jackson Hole, Wyoming, U.S., Eric Trump reiterated his optimistic outlook on BTC, stating that the value of Bitcoin will reach 1 million dollars in the long term. Eric Trump, who identifies himself as a "Bitcoin maxi", stated that he predicts Bitcoin will reach $175,000 by the end of this year in the short term. "There is no doubt that Bitcoin will eventually reach 1 million dollars. But I expect it to reach 175,000 dollars by the end of this year." Trump also added that he spends more than 50% of his time on cryptocurrency. Eric Trump previously shared an analysis by cryptocurrency analyst Ted Pillows that Ethereum could have traded above $8,000. This analyst argues that ETH is currently undervalued and is one of the best opportunities in the market. Eric Trump shared this analysis again and agreed. In previous statements, Eric Trump said he had invested in alternative cryptocurrencies called Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and Sui (SUI).