Recently, crypto analyst and influencer Ben Armstrong talked about Bitcoin in a video released on his very popular YouTube channel “BitBoy Crypto“.
Armstrong said:
“If you’re able to own one full Bitcoin, you are going to be in a very good spot…
“Derivatives exchanges now offer $100,000 to $300,000 Bitcoin call options, but how keen are pro traders to take this bait?… For example, the $100,000 call options currently trading at 0.164 BTC, equivalent to about $9,500. They’re paying $9,500 to take that option. That’s a giant premium. If you’re going to bet on that, you have a lot of confidence the price is going to be rising.
“I am very confident. I’m very confident Bitcoin’s going to hit $300,000 this year… I’m telling you $300K. I don’t think it will go over $400k. I think our $320K prediction for this year is going to end up being pretty accurate.“
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The views and opinions expressed by the author, or the people in any embedded videos, are for informational purposes only, and they do not constitute financial, investment, or other advice. Investing in or trading cryptoassets comes with a risk of financial loss.
