The CEO of the Swiss financial institution SEBA Bank has shared his predictions for Bitcoin in 2022. Guido Bühler was a blessing for the BTC bulls and was optimistic about institutional adoption and a price increase to $ 75,000 per coin.

In an interview, he explained that SEBA asset groups are looking for the right time to invest. However, they need the right counterparties and the organization they need to allocate capital.

When asked if Bitcoin (BTC) will reach new heights this year, Buehler believes it is possible, “the question is always in time.” He noted that the dominance of BTC has reached 40%, which is a key moment for investors looking for directional play.

The interview took place at the Crypto Finance Conference in St. Moritz, Switzerland, where “experienced” players from the crypto area gathered to discuss potential business deals.

The reasons for the price increases are contrary to CEO Ledger’s speculations. At the same conference, Pascal Gaultier agreed that bitcoin would reach new heights, but it would be the retail trade that would be at the forefront of the attack.

Related: Fidelity boss says Bitcoin is “technically oversold” and earns $ 40,000 “key support”

SEBA Bank gets a reputation as a crypto-friendly banking institution. The bank recently completed a Series C financing round of CHF 110 million ($ 119 million) with FTX and Alameda Research as investors. The bank said in October last year that customers will soon be able to profit from cryptocurrencies.

According to Bühler, a cryptocurrency enthusiast, the technology behind Bitcoin will “redefine finance”.

Source: CoinTelegraph