Bitcoin Opportunity Fund Co-founder: Predicts Bitcoin Will Hit a New All-Time High in 2027
On Nov. 10 that, according to Cointelegraph, Mark Moss, co-founder of the Bitcoin Opportunity Fund, believes banks and ETFs are making it easier for investors to purchase Bitcoin, while financial advisors may also encourage previously hesitant clients to allocate Bitcoin. He anticipates Bitcoin will set a new all-time high by 2027.
Moss noted that based on data since 2014, Bitcoin has averaged a gain of roughly 53% in the 12 months following previous US midterm elections, although the sample only encompasses three full election cycles. He remains optimistic about Strategy’s long-term outlook but stated he will continue to hold his personal Bitcoin, dedicating only a small portion of his portfolio to companies with substantial Bitcoin reserves.
He also adds that, assuming Bitcoin retains its security and decentralization while attracting significant investor interest for gradual portfolio allocation, it could reach $1 million by 2030, though it may take until 2032.