Six-time NBA champion Scottie Pippen is making headlines once more, this time for being extraordinarily bullish on Bitcoin. On Wednesday, Chicago Bulls star Pippen informed his greater than 674,400 X (previously Twitter) followers: “Bullish on Bitcoin” With the hashtag #BeLikeSatoshi.
This has since turn into a scorching matter of debate amongst his supporters within the cryptocurrency house.
Pippen’s Bitcoin Goals and Value Predictions
What’s much more attention-grabbing about Pippen’s feedback is how he associated them to Satoshi Nakamotothe nameless founding father of Bitcoin.
In an earlier tweet, Pippen appeared to say that in a dream, Satoshi predicted that the worth of Bitcoin would hit $84,650 on November 5, 2024.
Be bullish on Bitcoin. #BeLikeSatoshi
— Scottie Pippen (@ScottiePippen) September 11, 2024
Followers on-line have had combined reactions, with some excited concerning the prospect and others questioning whether or not such a prediction – based on dreams – will come true.
Many locally agree with Pippen, particularly contemplating that the worth of Bitcoin is at present hovering round $57,070 after a latest 4.5% enhance. Two months later, individuals are trying extra intently at the concept that the worth of Bitcoin will fall at the moment to see what may be inflicting it to rise.
Some analysts imagine elements such because the Federal Reserve’s deliberate rate of interest cuts might nonetheless trigger Bitcoin costs to rise.
BTCUSD buying and selling at $58,283 on the each day chart: TradingView.com
Crypto neighborhood response
Nevertheless, a lot of the responses have been about Pippin’s Twitter All supported. The official account of cryptocurrency trade Kraken even posted a light-hearted remark: “A cow will all the time be a cow, proper Scottie?”
Responses like this from extra respected platforms make Pippen’s bullish stance much more worthwhile. Customers on
Satoshi Nakamoto visited me in a dream final evening and predicted #bitcoin Value as of November 5, 2024, is $84,650.
— Scottie Pippen (@ScottiePippen) September 3, 2024
This pleasure was additional fueled when Pippen made teasing remarks about Bitcoin bull Michael Saylor. Just lately, Thaler was interviewed by CNBC, and he even predicted that Bitcoin will rise to $13 million per coin within the subsequent 21 years.
Pippen responded to Thaler’s lofty prediction, jokingly asking Thaler if Satoshi Nakamoto informed him in a dream. The sunshine-hearted trade illustrates how public figures are more and more partaking within the cryptocurrency narrative — a mixture of humor and critical funding discussions.
The larger image
Celebrities like Pippen are more and more serious about cryptocurrencies. As extra celebrities promote Bitcoin, their followers are additionally changing into within the digital forex. Bitcoin’s potential to turn into a mainstream asset is rising, particularly with candidates like Donald Trump taking a pro-crypto stance within the upcoming U.S. presidential election.
Featured picture from Advanced, chart from TradingView