Six-time NBA champion Scottie Pippen is making waves in the news again, this time expressing optimism about Bitcoin. On Wednesday, the Chicago Bulls legend shared with his over 674,400 X (formerly Twitter) followers: “Bullish on Bitcoin” accompanied by the hashtag #BeLikeSatoshi.
Since his statement, it has sparked a lively debate among his fans in the cryptocurrency community.
Pippen’s Bitcoin Ambitions And Price Forecasts
Interestingly, Pippen’s remarks linked his sentiments to Satoshi Nakamoto, the enigmatic creator of Bitcoin.
In his earlier tweet, Pippen purportedly shared that Satoshi predicted Bitcoin’s price would reach $84,650 by November 5, 2024, in a dream.
Bullish on BITCOIN. #BeLikeSatoshi
— Scottie Pippen (@ScottiePippen) September 11, 2024
Responses from fans on the platform have been mixed; some express excitement about the potential while others question the realism of such a dream-based prediction.
A significant portion of the community sided with Pippen, particularly as Bitcoin’s price currently sits around $57,070 following a recent 4.5% increase. After two months, the discussion around what might cause a rise in Bitcoin’s price has become more intense.
Analysts suggest that factors like the US Federal Reserve’s anticipated interest rate cuts could spark a rise in Bitcoin’s value.
BTCUSD trading at $58,283 on the daily chart: TradingView.com
Reaction from the Crypto Community
However, a majority of responses to Pippen’s tweet were supportive. The official account of crypto exchange Kraken even quipped: “Bulls will always be bulls, right Scottie?”
A remark from such prominent platforms adds credibility to Pippen’s bullish position. Users on X started to inquire about his views on various altcoins, proving that his influence extends well beyond Bitcoin.
Satoshi Nakamoto visited me in my dream last night and predicted that #Bitcoin would be at $84,650 on November 5, 2024. Not financial advice.
— Scottie Pippen (@ScottiePippen) September 3, 2024
Enthusiasm surged further when Pippen playfully jabbed at fellow Bitcoin enthusiast Michael Saylor. Recently, Saylor stated in a CNBC interview that Bitcoin could rise to $13 million per coin in the next 21 years.
Pippen responded to this ambitious forecast by teasing whether Saylor received that information from Satoshi in a dream. This light-hearted exchange illustrates how public figures are increasingly engaging in the cryptocurrency dialogue—balancing humor with serious discussions about investments.
The Larger Context
Celebrity interest in cryptocurrencies is on the rise, as seen with Pippen. As more famous figures advocate for Bitcoin, their followers inevitably become drawn to digital assets. Bitcoin’s potential to transition into a mainstream investment is growing, especially in light of the upcoming US presidential elections, where candidates like Donald Trump have expressed pro-crypto views.
Featured image from Complex, chart from TradingView