Bitcoin Suisse founder Niklas Nikolajsen, who is worth 200 million to 300 million Swiss francs, predicted that the price of bitcoin will continue to rise, possibly even reaching "seven figures". In an interview, Nikolajsen criticized Swiss cryptocurrency regulation and politics, and praised the United States under incoming President Trump as a pioneer. He added: "I was one of the few people who bought a lot of Bitcoin under $1. When Bitcoin hit $1, my friends told me to sell. I didn't. And I'm still saying: We're in a bull market that will last until spring. There will be setbacks, of course, but the price of Bitcoin will one day even reach seven figures." Mr. Nikolajsen explained that the US election had accelerated the current bull market, but noted that it was normal for prices to rise at the end of a "halving" year when the market was scarce due to the halving of new bitcoin issuance, noting growing acceptance by institutional investors.