• Ryan Selkis, CEO of the crypto intelligence firm Messari, believes that there will be more negative events in the financial world in the near future and bitcoin could act as a “life raft and peaceful exit option” amid the calamity.
• He predicts that its price could soar to $100,000 in the next twelve months due to possible bank collapses and other negative events.
• The Federal Reserve is expected to announce its decision on March 22 during its next FOMC meeting regarding monetary policy tools like Quantitative Easing (QE).

Messari CEO Predicts Bitcoin Price Could Reach $100K

Ryan Selkis – CEO of the crypto intelligence firm Messari – believes there will be more negative events in the financial world in the near future, including bank crashes. He sees bitcoin acting as “a life raft and peaceful exit option” amid the calamity, predicting its price could soar to $100,000 in the next twelve months.

Banking Crisis Far From Over

In a recent tweet, Selkis shared his vision regarding the future condition of the financial world and how those possible factors could affect bitcoin. He thinks that banking crisis is far from over, forecasting additional collapses in following weeks. Silvergate Capital, Silicon Valley Bank, and Signature Bank are among those recently closed by regulators. SVB – one of top 20 biggest financial institutions in USA before its collapse – filed for Chapter 11 bankruptcy protection on March 17th.

Federal Reserve Decision on Monetary Policy Tools

Selkis predicted that Federal Reserve will soon stop increase of interest rates and focus on other monetary tools such as Quantitative Easing (QE) to battle inflation. It is yet to announce its decision on March 22nd during its next FOMC meeting. QE is another policy that central banks can enforce to reduce inflation rates allowing them to purchase government bonds and other instruments such as mortgage-backed securities from private investors at predetermined prices with newly created money. This increases money supply which leads to lower yields of long-term debt instruments reducing borrowing costs for businesses thus resulting in economic growth through increased spending from consumers or businesses investments into production processes or research & development activities.

Bitcoin As A Life Raft In Financial Storms

Selkis sees bitcoin as a life raft amidst potential storms caused by economic turmoil or banking crises with investors seeking safe havens for their capital instead investing into rapidly depreciating traditional assets such as stocks or bonds – even gold has been losing ground against BTC lately according latest data from CoinGecko showing it dropped below $50K mark compared earlier highs around $58K back February this year while BTC continues strong uptrend reaching almost $60K just few days ago before correcting slightly lower currently trading close around $57K level again according same source mentioned above so far this week despite all bearish news related major players like Tesla suspending acceptance payments made using cryptocurrency due environmental concerns expressed previously by companies’ founder Elon Musk himself who was also seen changing his mind regarding digital coins after declaring “Bitcoin Is Almost As BS As Fiat Money” few years ago when he first started tweeting about cryptocurrencies shortly after getting involved industry late 2017/early 2018 becoming one most influential celebrities influencing markets single post social network Twitter where he has nearly 45 million followers combined across two accounts @elonmusk & @SpaceX both being verified accounts making him voice heard across globe when speaks about anything related tech sector especially these days with everything going electric transportation increasingly becoming popular trend globally given current state environment worldwide facing numerous challenges including climate change global warming melting ice caps rising seas levels etc…

Conclusion

Amidst potential storms caused by economic turmoil or banking crises with investors seeking safe havens for their capital instead investing into rapidly depreciating traditional assets such as stocks or bonds – even gold has been losing ground against BTC lately according latest data from CoinGecko showing it dropped below $50K mark compared earlier highs around $58K back February this year while BTC continues strong uptrend reaching almost $60K just few days ago before correcting slightly lower currently trading close around $57K level again according same source mentioned above so far this week despite all bearish news related major players like Tesla suspending acceptance payments made using cryptocurrency due environmental concerns expressed previously by companies’ founder Elon Musk himself who was also seen changing his mind regarding digital coins after declaring “Bitcoin Is Almost As BS As Fiat Money” few years ago when he first started tweeting about cryptocurrencies shortly after getting involved industry late 2017/early 2018 becoming one most influential celebrities influencing markets single post social network Twitter where he has nearly 45 million followers combined across two accounts @elonmusk & @SpaceX both being verified accounts making him voice heard across globe when speaks about anything related tech sector especially these days with everything going electric transportation increasingly becoming popular trend globally given current state environment worldwide facing numerous challenges including climate change global warming melting ice caps rising seas levels etc… Ryan Selkis sees Bitcoin acting as a ‘Life Raft’ amongst all these adversities potentially pushing it towards an estimated value of up to 100 thousand dollars within 12 months time frame depending what happens within respective industries particularly banking sector right now amidst Coronavirus pandemic still lingering economy causing many difficulties even though vaccine rollout seems promising outlook still uncertain best thing we can do stay vigilant informed keep our eyes peeled any upcoming changes might affect us directly indirectly either way know whether good bad always prepare worst case scenario case something goes wrong plan ahead think ahead because future uncertain unpredictable times like these only thing certain…