The expert is convinced that bitcoin will remain in the modern world forever, its collapse is impossible

Gavin Michael, CEO of Bakkt Holdings, a US-based digital asset manager, shared his opinion on the future of cryptocurrency. Michael believes that bitcoin is permanently entrenched in the financial system of the modern world, and its collapse is impossible.

According to Gavin Michael, the flagship cryptocurrency will grow in value several times over the next few years as investor interest in bitcoin grows. «Institutional investors have been watching the crypto industry for a long time. They are well aware of all the ups and downs. That is why we will continue to develop services on the Bakkt platform to meet the changing needs of the market,» said Gavin Michael.

The opinion of Bakkt Holdings CEO would be shared by Matt Hogan, CEO of Bitwise Investments, a crypto asset manager, who said that bitcoin could grow by more than 2273% compared to its current price. He is convinced that BTC’s market capitalization will approach the market capitalization of gold, which exceeds $ 11 trillion.