The Milk Road Show Tether Co-Founder 2025 Crypto Predictions Update
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Mar 19, 2025 William E. Quigley, co-founder of Tether and Wax blockchain, shares his insights into the ever-changing cryptocurrency market. He discusses surprising trends in Bitcoin and Ethereum price predictions, revealing the impact of halving events on investor behavior. Quigley assesses the challenges Ethereum faces amidst skepticism, while highlighting Bitcoin's evolving role as a digital asset. He also delves into broader economic pressures and offers strategies for navigating cryptocurrency volatility, providing a mixed but hopeful outlook for the future.
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Inaccurate Predictions
- William Quigley's Bitcoin price predictions were based on past halving cycles.
- Current market conditions deviate from historical trends, impacting predictions.
Sentiment-Driven Market
- Cryptocurrencies are primarily driven by sentiment, not fundamentals like user growth.
- Institutional capital influences market trends, especially during economic slowdowns.
Bitcoin's Price Range
- Bitcoin's price is currently range-bound between $70,000 and $90,000.
- Significant buying is needed to break out of this range.