Eric Trump said, “The future is incredible. I think Q4 is going to be extraordinary for a variety of reasons. That’s why I’m so excited.”
When asked about the direction of Bitcoin’s price, Trump said, “I’ve always said I think Bitcoin will surpass $1 million over time. The announcement of quantitative easing starting tomorrow and the increase in the money supply could accelerate that process.”
Related News: What’s the Latest on the Altcoin Season Index? Are We in a Bitcoin Season or an Altcoin Season?
Trump also highlighted the rapid rise in global M2 money supply, arguing that this created a positive environment for crypto markets. He noted that historically, the last quarter of the year has been the strongest period for cryptocurrencies, adding that he expects a similar pattern this year.
At the time of writing, the BTC price is trading around $109,000 and has lost 5.2% of its value over the past seven days.
*This is not investment advice.
Continue Reading: Donald Trump’s Son Eric Trump Makes an Unbelievable Bitcoin Price Prediction
