Bitcoin Commentary After the Rise: “Like a Cockroach”

Ross Gerber, CEO of investment company Gerber Kawasaki and one of Tesla’s major investors, said that Bitcoin (BTC) will return to the old days, pointing to its rise to $ 23 thousand again after a long time.

Ross Gerber shared on his official social media account on January 22, stating that Bitcoin will return to its old days after it reaches 23 thousand dollars. The CEO likened Bitcoin to a “cockroach”, which is known for its resistance to many conditions in nature.

“Bitcoin defies those who are sure to die as it reaches $23,000. It’s like a cockroach that comes back every time.”

Known for his Bitcoin advocacy in the cryptocurrency market, Gerber was met with great support by users on social media. Some users have described Gerber as a defender of the Bitcoin ranks against popular host and anti-Bitcoin Jim Cramer. According to Coinecko data, Bitcoin, which has gained more than 35% in the last 30 days, has lost 1% in the last 24 hours and is traded at $ 22,800.