Big bet on bitcoin price before halving

Could bitcoin go this high?

Dear Reader, The bets are on the table… Bitcoin OG Adam Back (also Blockstream CEO)... Just wagered that bitcoin will hit $100K before the halving in 2024. During a "back-and-forth" on X, Back even put a date to the potential record price.  March 31, 2024.  Roughly a month before the halving is supposed to take place.  The bet, however, leaves a lot to be desired.  Back is willing to put up a million… satoshis. Not dollars. In case you don't know, a satoshi is the smallest unit of a bitcoin. 100 million satoshis make up a single bitcoin. So the best is only $290 in today's prices. Hardly a "big wad" on the table for a guy worth at least $50 million.  While the bet may not be impressive… It does point to some exciting potential.  Whales believe a big bull run is coming fast.  Time for the rest of us to start getting positioned.  Cointelegraph Markets Pro helps retail crypto investors set themselves up for success.  Regards, Russell DeCorte Director Markets Pro © 2023 COINTELEGRAPH MARKETS PRO COINFIDENTIAL. Copyright © 2023 Cointelegraph Markets Pro, All rights reserved. You are receiving this email because you opted in at our website. Our mailing address is: Cointelegraph Markets Pro 21 W 46th St New York, NY 10036-4119 Add us to your address book Want to change how you receive these emails? You can update your preferences or unsubscribe from this list.