"Investors must now be anxious to see where the BTC price will be in 3 months."
United States (US) entrepreneur and investor Balaji Srinivasan who predicted the price of the cryptocurrency Bitcoin (BTC) will reach $1 million in 90 days has made him the fiercest maximalist.
In Web3 parlance, a maximalist can be defined when an individual believes that all other cryptos are inferior to BTC.
As the price of BTC is currently still below $30,000, the crypto community is hotly debated with each other following Srinivasan's bold prediction, but the total value of the crypto market could soar even higher if his predictions come true.
Following the ongoing bank failures that started with Silvergate to Silicon Valley Bank (SVB) and then Signature Bank, Srinivasan made the comments while blaming the US Federal Reserve (Fed) for the collapse of the system.
This is because the central bank will print trillions of dollars which may cause its value to drop slowly.
While speaking with investor Anthony Pompliano, Srinivasan described the current state of the US macroeconomics as a Digital Pearl Harbor and the printing of dollars is the cause of many individuals fearing that their money will not be in the bank.
That streak, Srinivasan predicts that fiat money will start shifting to crypto exchange companies in the long term.
As of this writing, BTC price is up 0.63% at $28,117 in the past 24 hours with a market cap of $543 billion.
