Institutional investment will boost Bitcoin (BTC) to $75,000

The CEO of Switzerland-based financial institution SEBA Bank shared his predictions for Bitcoin in 2022. A boon for BTC bulls, Guido Buehler was optimistic about institutional adoption and a price increase to $75,000 per coin.

He explained in an interview that at SEBA, asset pools are looking for the right time to invest; however, they need the right counterparties and the necessary regulation in order to deploy capital.

When pressed on whether Bitcoin would hit new highs this year, Buehler thinks it’s possible, “The question is always time.” He noted that with BTC dominance bottoming out at 40%, it’s a pivotal moment for investors looking for a directional play.

Continue reading