Bitcoin’s Road To $100K: Why Thanksgiving, New SEC Policies, And Global Adoption Could Spark The Next Bull Run, According To This Portfolio Manager
Eric Jackson, the founder and portfolio manager at EMJ Capital, has shared his thoughts on the potential catalysts that could drive Bitcoin’s (CRYPTO: BTC) value to $100,000.
What Happened: On Friday, Jackson appeared on CNBC’s Closing Bell and suggested that the upcoming Thanksgiving holiday, new SEC policies, and global adoption could spark Bitcoin’s next bull run.
During the interview, Jackson stated, “I think a lot of people that I talk to say, well, it’s just going to kiss $100,000 and pull back.”
Adding, “But I do think there’s a chance like that $100,000 milestone could be a rethink for a lot of investors both institutional, sovereign retail, and there are a bunch of catalysts ahead I think.”
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He went on to explain that the new SEC regime and the potential for a strategic reserve could be significant catalysts …
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