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Founder of Nansen: Bitcoin will never fall again at $60,000, and there's no end to the global monetary easing cycle

On August 8, Nansen's founder and CEO Alex Svanevik stated that the current price of about $60,000 for Bitcoin may have marked the lower end of the cycle, “I personally believe that Bitcoin will not return to less than $60,000, and I think that it is past, and I think it will be forever. Alex Svanevik claims that this judgement is based on the positioning of Bitcoin as a global central bank’s currency expansion hedge, and that it does not see any sign of the end of the global monetary easing cycle, while the encryption industry is undergoing a fundamental transformation, with encrypted assets now entering the real world age of the world’s toys that were previously in a block chain. At the ecological level of the public chain, Svanevik took a long-term view of Solana, claiming that it was simply a Meme currency chain, which was completely absurd, and that behind it was the “more effective BD team” and the “unbelievable team”. Svanevik, however, refused to translate this judgement into a specific projection of SOL prices - “Intuitively it would think it would rise, but I cannot be sure”. Svanevik also looks at the Robinhood chain, which just went online in July, believing that with its excellent user distribution skills, it is emerging as a strong rival in Base, but judging that Robinhood is unlikely to issue a token-- – On the one hand, it is not necessary and, on the other hand, as a company listed in NASDAQ, issuing tokens and competing with its own stock is logically contradictory, “it is important to direct all values to the HOD stock”。

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