Open account

Tristan Thompson Predicts Bitcoin Will Reach $110,000 by Year-End Amid Daily Accumulation

Former NBA champion Tristan Thompson projected Bitcoin will rebound to $110,000 by year-end, representing an estimated 35% upside from its current trading level of around $81,000 following a decline of over 3%. Thompson revealed he buys Bitcoin daily as 'digital gold' and a long-term savings vehicle comparable to a 401(k). He also disclosed plans to acquire data centers and mining facilities, estimating the U.S. production cost of a single Bitcoin at $45,000 to $50,000 under favorable conditions. His broader strategy includes positions in NEAR, Zcash, and Solana.

Category

Bitcoin

Sentiment

Bullish

Event

Analyst flows

Reading time

1 min