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A Look Back at One of the Worst Bitcoin Predictions: 'Under $1 by April 2025'
In 2023, Philippe Brassac, CEO of Crédit Agricole (one of France’s largest banks), predicted that by April 2025, Bitcoin would be trading under one dollar. He asked: 'How could so many informed, sensible, and educated people convince themselves that the value of Bitcoin could only rise, when the slightest doubt would inevitably trigger a self-fulfilling prophecy in the opposite direction?' Well, it’s April 2025. Bitcoin is still here. submitted by /u/iambo07 [link] [comments]
In 2023, Philippe Brassac, CEO of Crédit Agricole (one of France’s largest banks), predicted that by April 2025, Bitcoin would be trading under one dollar.
He asked: 'How could so many informed, sensible, and educated people convince themselves that the value of Bitcoin could only rise, when the slightest doubt would inevitably trigger a self-fulfilling prophecy in the opposite direction?'
Well, it’s April 2025. Bitcoin is still here.
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