Bitcoin (BTC) Could Hit $1 Million, BitBoy Says, Here’s When

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In a recently published tweet, well-known crypto YouTuber Ben Armstrong, also known by the pseudonym BitBoy, shared his views on the Bitcoin price bet expressed by former Coinbase CTO and crypto angel investor Balaji Srinivasan. The latter expects that BTC will reach a whopping $1 million within 90 days, and he is betting another million USD on it.

BitBoy has sort of agreed with Srinivasan, but not completely.

Bitcoin Could Hit $1 Million, Here’s When: BitBoy

Armstrong tweeted that he believes the flagship digital currency could reach the $1 million level within 90 days. In fact, he doesn’t think it can happen even within a much longer period of time. The cryptoblogger assumed that such a sensational price increase could take place in 2032 at the earliest – nine years from now.

Several major figures in the crypto space and financial industry have disagreed with the above forecast of Bitcoin reaching $1 million in three months. Prominent researcher and risk manager Nassim Taleb has criticized these efforts. Knowledgeable commodities trader Peter Brandt has called this bet none other than “stupid”.

Kraken’s CEO Jesse Powell believes that in terms of USD, Bitcoin is “on the way to infinity,” so his prediction of around $1 million might sound reasonable. However, he also stated that if this happens, it will likely happen within the next 10 years.

In December, BitBoy shared his view on the level BTC may take during its next cycle. He shared his “knee-jerk reaction” and said it would be around $120,000.

Kevin O’Leary blocks BitBoy once again

In another tweet, BitBoy took a jab at Kevin O’Leary (aka Mr. Wonderful), a Shark Tank co-host, investor and Bitcoin advocate known for making a large investment in the now-insolvent FTX exchange before it crashed . He was also appointed as the platform’s strategic advisor in 2021. After the collapse, O’Leary began making public statements defending its founder, Sam Bankman-Fried, and suggesting he should be given a chance.

Armstrong tweeted that O’Leary first blocked him, then quickly unblocked him to poke him about the recently filed lawsuit against BitBoy regarding FTX. After that, Mr. Wonderful blocked him once again. “You must have a whole load of bitboy on the brain,” Armstrong tweeted.

BitBoy, along with other influencers, was sued by the SEC recently for promoting FTX and shelling out unregistered securities on this exchange to viewers.