Six-time NBA champion Scottie Pippen is once more hogging the headlines, this time for being very bullish on Bitcoin. On Wednesday, the Chicago Bulls star Pippen took to his more-than-674,400 X (beforehand Twitter) followers and mentioned: “Bullish on Bitcoin” with the hashtag #BeLikeSatoshi.
Since then, this has grow to be a sizzling matter of dialogue amongst his supporters inside the cryptocurrency sphere.
Pippen’s Bitcoin Dream And Price Predictions
What is much more attention-grabbing in Pippen’s statements are the truth that he associated them to Satoshi Nakamoto, the pseudonymous founding father of Bitcoin.
In the sooner tweet, Pippen appeared to have claimed that in a single dream, Satoshi projected the value of Bitcoin would contact $84,650 on November 5, 2024.
Bullish on BITCOIN. #BeLikeSatoshi
— Scottie Pippen (@ScottiePippen) September 11, 2024
This has been acquired with combined reactions by followers on the community, as some are excited with the prospect whereas others have doubted whether or not such prognosis – based mostly on a dream – will come true.
Many folks locally agreed with Pippen, particularly since Bitcoin’s value is now hovering round $57,070 after a current 4.5% rise. After two months, the concept that Bitcoin’s value will drop at this level is being checked out extra carefully to see what might trigger it to go up.
Some analysts consider that elements like US Federal Reserve’s deliberate rate of interest cuts might nonetheless result in rising Bitcoin costs.
BTCUSD buying and selling at $58,283 on the day by day chart: TradingView.com
Crypto Community’s Reaction
However, many of the reactions relating to Pippen’s tweet had been in help. Crypto trade Kraken’s official account even posted a light-hearted comment: “Bulls will always be bulls, right Scottie?”
A response like this from extra distinguished platforms makes Pippen’s bull stance much more price it. Users on X started to ask him his ideas about completely different altcoins and proved that certainly his affect went means past simply Bitcoin.
Satoshi Nakamoto visited me in my dream final night time and predicted that #Bitcoin could be at $84,650 on November 5, 2024. Not monetary recommendation.
— Scottie Pippen (@ScottiePippen) September 3, 2024
This pleasure was additional hyped when Pippen made a teasing comment at fellow Bitcoin bull Michael Saylor. Recently, Saylor appeared in an interview with CNBC, whereby he went so far as to foretell that Bitcoin might swell to $13 million per coin inside the subsequent 21 years.
Pippen responded to this lofty prediction from Saylor by playfully asking whether or not the latter was instructed that by Satoshi in a dream. That gentle trade confirmed how public figures are more and more taking part in together with the cryptocurrency narrative–a mixture of humor and critical funding discussions.
The Bigger Picture
Celebrities have gotten more and more taken with cryptocurrencies like Pippen. As extra celebrities promote Bitcoin, their followers additionally grow to be taken with digital currencies. The potential for Bitcoin to grow to be a mainstream asset is rising, particularly with the upcoming US presidential elections, the place candidates like Donald Trump have proven a pro-crypto stance.
Featured picture from Complex, chart from TradingView