Tyler Winklevoss, one of the billionaire twin Bitcoin enthusiasts, believes a “tsunami” of capital is heading Bitcoin’s way. He made this comment after Square0s invested $50 million in Bitcoin last week.
Big companies are investing in Bitcoin and this trend will continue in the future. “Tomorrow, it will be done by another leader with vision… then another one, then another… a tsunami is coming”, Winklevoss commented on Twitter.
Prior to Square, the publicly-traded company MicroStrategy invested $425 million in Bitcoin. In his tweet, Winklevoss noted there is a tendency going on, which he equated to a “tsunami”. Tyler is clear in his belief. There will be many others that will follow the same example in the coming years.
However, the question remains if investors and marketers share the enthusiasm of Winklevoss. Later this week the CEO of Real Vision Raoul Pal made a similar prediction when asked whether Bitcoin could potentially reach a price of $1 million by 2025. “Sounds about right”, he said, echoing the prediction of Winklevoss about an incoming “tsunami” of investments.
Bitcoin traders and investors are preparing themselves for another bull run in the wake of the November US presidential election.
