Contents
- Bitcoin: “Either zero or a million”
- Fourth largest BTC transfer this year detected
Influencer Lark Davis predicts Bitcoin price – $1 million – but there’s a catch
Yuri Molchan
Prominent crypto bloggers have made popular predictions about the possible directions the Bitcoin (BTC) price is likely to go in the future
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Popular crypto YouTuber Lark Davis, known as @TheCryptoLark on Twitter, has published a tweet with a Bitcoin price forecast, saying it could reach $1 million – the price level that many in the crypto space would love to see BTC hit.
However, he also voiced another direction where Bitcoin could go. It’s either this way or that way, Davis stated.
Bitcoin: “Either zero or a million”
Basically, Lark Davis has posted a “popular”, if obviously sarcastic, prediction that “Bitcoin can either go up or down.” He has taken extreme numbers to troll both those who believe BTC will reach $1 million and those Bitcoin critics who say it is headed for zero.
As reported by U.Today recently, Balaji Srinivasan, former a16z partner and Coinbase CTO, bet that within the next three months, the flagship digital currency will reach $1 million. His main arguments were the banking crisis that recently hit the US and the increasing amount of US dollars being printed since 2020.
He bet on the price and also promised to pay a million USD to anyone who would bet against him if his forecast did not come true.
Earlier this month, Davis commented on the growing rumors that the mysterious creator of Bitcoin, Satoshi Nakamoto, may have been none other than the late Apple co-founder Steve Jobs. The crypto influencer was obviously driven to this assumption by the fact that the Bitcoin whitepaper was recently found in the code of the Mac operating system. Also, Davis reminded the community that Satoshi chose to “become invisible” in 2010, and Jobs died of cancer in 2011. Those years are very close to each other, he noted.
He ran a Twitter poll on his handle; However, the majority of responses were against this, 37.9%. In total, almost 12,000 respondents took part in this survey.
Fourth largest BTC transfer this year detected
Santiment on-chain data agency has discovered a Bitcoin transaction that had an astounding BTC bit – 23,500 BTC worth around 710 million dollars.
According to their tweet, this has so far been the fourth largest Bitcoin transaction made this year. The Santiment team commented that now that the BTC price has passed $30,000 for the first time in ten months, “big moves like this should become increasingly common as the crowd polarizes.”
