Famed Investor Mike Alfred Claims Bitcoin Will Hit $315,000, Harvard Boosts Bitcoin Investment 2-To-1 Over Gold
Investor Mike Alfred predicts Bitcoin will reach $315,000, coinciding with Harvard increasing its Bitcoin allocation over gold by a 2-to-1 ratio.Summary
Prominent investor Mike Alfred has reiterated his strong bullish stance, predicting Bitcoin will surge to $315,000, marking the start of a new uptrend cycle. This optimism is supported by recent disclosures showing Harvard University significantly increased its Bitcoin holdings in Q3, raising them from $117 million to $443 million, while increasing gold ETF holdings to $235 million—effectively allocating to Bitcoin at a 2-to-1 ratio over gold, signaling positioning against currency debasement.
Alfred's forecast is part of a broader wave of optimism, with others like Tom Lee predicting $250,000 for BTC. However, some market analysts offer a more cautious view, noting that on-chain data, such as Bitcoin falling below the 111-day moving average, suggests the market may be entering a short-to-mid-term consolidation phase, potentially leading to a near-term price decline before further upward movement.
(Source：CCN)