The CEO of Defiance ETFs, Sylvia Jablonski, believes Bitcoin could be worth far more than what it’s trading at right now.

Last Thursday, live on CNBC, Jablonski made her case by saying, “It looks as though, in terms of what we’ve seen for the last six months to a year or so, is that bitcoin is correlated with risk assets and equities specifically….

“When you do see pullbacks, they seem to be hitting Bitcoin too.

“In the short term it’s going to be sideways volatility, it’s going to be range-bound price action, but longer-term, I still expect bitcoin to be in that $100,000 camp…

“I still think it’s kind of a good time to get in.”

After describing its correlation with the NASDAQ, she went on, “So I think that we definitely have a tradable bottom…. I think you’ll get some range-bound volatility now between $46,000, $47,000, and $50,000. I think kind of down the road we’ll see that rally up to $100,000.”

At $100,000 Bitcoin, investors would see a more than doubling in their account values compared to today’s price.

Defiance ETFs sponsors exchange traded funds. It focuses on thematic investing or investing in long-term trends and paradigm shifts.

The company sponsored the Defiance Digital Revolution ETF (NFTZ) which invests in NFTs, Blockchain and the NFT Marketplace.

Read more about Sylvia Jablonski’s CNBC interview, HERE

Source: https://news.bitcoin.com/defiance-etfs-ceo-completely-bullish-on-bitcoin-a-good-time-to-get-in/