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 stated: “Bullish on Bitcoin” with the hashtag #BeLikeSatoshi.
Since then, this has turn out to be a sizzling subject 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 worth of Bitcoin would contact $84,650 on November 5, 2024.
Bullish on BITCOIN. #BeLikeSatoshi
— Scottie Pippen (@ScottiePippen) September 11, 2024
This has been obtained 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 on a dream – will come true.
Many individuals in the neighborhood agreed with Pippen, particularly since Bitcoin’s worth is now hovering round $57,070 after a current 4.5% rise. After two months, the concept Bitcoin’s worth will drop at this level is being checked out extra intently to see what may trigger it to go up.
Some analysts consider that elements like US Federal Reserve’s deliberate rate of interest cuts may nonetheless result in rising Bitcoin costs.
BTCUSD buying and selling at $58,283 on the each day chart: TradingView.com
Crypto Community’s Reaction
However, a lot of the reactions concerning Pippen’s tweet had been in assist. 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 outstanding platforms makes Pippen’s bull stance much more price it. Users on X started to ask him his ideas about totally different altcoins and proved that certainly his affect went method 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 may 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 advised that by Satoshi in a dream. That mild trade confirmed how public figures are more and more taking part in together with the cryptocurrency narrative–a mixture of humor and severe funding discussions.
The Bigger Picture
Celebrities have gotten more and more thinking about cryptocurrencies like Pippen. As extra celebrities promote Bitcoin, their followers additionally turn out to be thinking about digital currencies. The potential for Bitcoin to turn out 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