The General Director of Bitwise Hunter Horsley predicted the approaching deficiency of the first cryptocurrency, which, in his opinion, will be provoked by an increase in bitcoin above $ 150,000.

Horsley published a tweet, where he wrote that the increased interest in Bitcoin from large companies does not prevent many traders from selling their coins. This trend applies even to large owners of cryptocurrency – the early “whales” who managed to purchase bitcoins at a very low rate. The head of BitWise suggested that retail traders sell bitcoin because of the uncertainty that reigning in the market. Obigating up at $ 100,000, bitcoin can cause mixed feelings among traders and a desire to fix profit.

According to Horsley, the situation is able to change the rapid growth of cryptocurrency. If the coin continues to set new historical records and reaches $ 130,000 or $ 150,000, the activity of retail sales will significantly decrease. Horsley is sure that no one wants to sell their bitcoins at this price, and traders will prefer to store cryptocurrency in anticipation of further growth.

Reducing retail sales, simultaneously with corporate investment in bitcoin, will increase demand and push the BTC course up. Those who want to buy bitcoins will have to borrow from creditors, who are becoming more and more due to the predicted deficit, Horsley suggested. This will begin to happen as soon as Bitcoin reaches $ 150,000, and investors will have a fear of fear of missed benefit (FOMO). According to Horsley, bitcoins will simply not be enough for everyone.

Earlier, the general director of BitWise expressed bewilderment: why the American authorities plan to include several cryptocurrencies in the state reserve, and not only bitcoin. It would be more reasonable, Horsley was surprised.