Anonymous Crypto Whale Sees the Price of Bitcoin (BTC/USD) at $50,000 Mark in Next 3-5 Years
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According to a mysterious cryptocurrency whale that owns more than 7,000 Bitcoin (BTC), the digital currency could surpass $50,000 in the future. He said that during a conversation with CCN a few hours ago.
Cryptocurrency Large Investor Sees Bitcoin Above $50k
After a very negative 2018 for Bitcoin’s price, the digital asset seems to be moving up once again. This time, the digital currency has surpassed $5,800 and was close to $6,000 a very important psychological price level. The same investor says that Bitcoin is now going to eclipse the $50,000 mark. He bases his prediction on some seasoned technical analysis.
The investor explained that he enter the Bitcoin and crypto markets in the early days of the cryptocurrency. He has also invested in Binance and Ethereum (ETH), among others.
On the matter, he commented:
“I actively invested in Bitcoin back in those years when only in small circles knew about it. Before investing, I conducted a personal analysis of Bitcoin technology. I saw a great prospect for society in him and the financial system as a whole, which had already begun to change.”
He went on saying that we are still in the early days of Bitcoin and the cryptocurrency ecosystem and things can change in the future. Thus, he sees a huge potential in the cryptocurrency market. He expects Bitcoin to reach and surpass $50,000 in the next three to five years. While there are many bitcoin price predictions to thumb through, most should be taken with a grain of salt and should never be taken as investment advice. However, as time goes by day by day, there are more believers in bitcoin than there were yesterday and that is since remained true since its decade-ago inception.
Although Bitcoin started to grow a few days ago, he is not fully convinced that we entered a bull market, even when we could see virtual currencies entering a positive trend in the near future.
Bitcoin’s price is $5,734.20 BTC/USD exchange rate today. The real-time BTC market cap of $101.4 Billion currently ranks #1 with a chart dominance at 55.78%, daily trading volume of $4.75 Billion and live coin value change of BTC 2.48% in the last 24 hours.
source:https://bitcoinexchangeguide.com/anonymous-crypto-whale-sees-the-price-of-bitcoin-btc-usd-at-50000-mark-in-next-3-5-years/