The CEO of Swiss-based financial institution SEBA Bank shared his predictions for Bitcoin in 2022. A boon for BTC bulls, Guido Buehler was optimistic about institutional adoption and a price increase to $75,000 per coin.
He explained in a interview that, in SEBA, asset groups are looking for the right time to invest. However, they need the right counterparties and the necessary regulation to deploy capital.
When pressed on whether Bitcoin (BTC) would hit new highs this year, Buehler thinks it's possible, "the question is always time." He noted that with BTC dominance bottoming out at 40%, it is a crucial time for investors looking for a directional game.
The interview took place at the Crypto Finance Conference in St. Moritz, Switzerland, where โsophisticatedโ players from across the crypto space gathered to discuss potential business deals.
The reasons behind the price increases clash with the reflections of the CEO of Ledger. At the same conference, Pascal Gauthier agrees that BTC will hit new highs, but be retailer leading the charge.
Related: Fidelity Exec Says Bitcoin Is "Technically Oversold," Making $40K "Fundamental Support"
SEBA bank is building a reputation as a crypto-friendly banking institution. the bank rRecently completed a Series C funding round 110 million Swiss francs ($119 million) in which FTX and Alameda Research were investors. In October last year, the bank said that customers soon you will be able to earn returns on your cryptocurrency holdings.
a crypto enthusiastic himself, in Buehler's words, the technology behind Bitcoin "will redefine finance."
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