It could take 6-24 months for Bitcoin to return to its level- Charlie Lee

[emma.lee1890]

 One of the cryptocurrency creators that had an early foresight on what cryptocurrencies will be to the world in the nearer future is Charlie lee, the former Google engineer who also worked with Coinbase, before leaving the later to focus on his created crypto litecoin, that could be mined. In recent times, he said that everyone should try and own at least one bitcoin and in another commented that was widely published online, he said that bitcoin is the gold of cryptocurrency which could suggest that he is a bitcoin fan.

In a chat he had with CNBC which has a good inclination concerning crypto coverage, he was asked some question about plans to buy back litecoin which he sold out late last year and early this year, due to criticism, bitcoin crash and his prediction when when to expect a bitcon rise.
 

[DakuS]

no one actually knows what will happen at what time in crypto. They are all just blind guesses, some of them becomes true and others go unnoticed. We don't know when market will recover but I do believe that market will recover, sooner or later.

[LogiC]

As far as I know, Charlie lee is one of the trusted crypto enthusiast regarding speculations. But seeing the market status is quite possible that it will take 24 months to recover or more. Bitcoin is struggling as application of bitcoin etf was constantly denied by SEC. Factors of it are some people or meant to say investors are still on presale on its price. They still creating massive attacks ans social propaganda about it. So bitcoin remains at this level. See what happen after the Fud created by the CEO of one of the largest financial cobglomerate? It deflects the price and bubble appears during late December. So what does it mean. They just really want the price to go down before the whales begin to move and pump it. Manipulation are really outside decentralization as market convey this act. So unfortunate actually that these kind of act are vulgar with the community.

[Munareal]

The crypto currency investment is for patient people. Bitcoin is highly volatile such that no one can really predict it.

[Alcor]

If we mean the restoration of bitcoin to a price of $ 20,000, it is quite possible that by the end of this year it will not be able to reach this value and will reach it only by the end of next year. Everything can be. This is the price of artificial pumping bitcoin.

[LogiC]

If we mean the restoration of bitcoin to a price of $ 20,000, it is quite possible that by the end of this year it will not be able to reach this value and will reach it only by the end of next year. Everything can be. This is the price of artificial pumping bitcoin.

Hi there I appreciate the confidence but can you support your statement? Thanks, how can you assume it just like that without giving concrete information that support your assumption.

[emma.lee1890]

If we mean the restoration of bitcoin to a price of $ 20,000, it is quite possible that by the end of this year it will not be able to reach this value and will reach it only by the end of next year. Everything can be. This is the price of artificial pumping bitcoin.

Hi there I appreciate the confidence but can you support your statement? Thanks, how can you assume it just like that without giving concrete information that support your assumption.

it cannot be said precisely how much time it will take to get back to its level. Hopefully it will take the minimum time possible

[emma.lee1890]

If we mean the restoration of bitcoin to a price of $ 20,000, it is quite possible that by the end of this year it will not be able to reach this value and will reach it only by the end of next year. Everything can be. This is the price of artificial pumping bitcoin.

we may very well be at the end of the period which bitcoin required for its "recovery".
there is only one roadblock remaining and that is ETF

[emma.lee1890]

The crypto currency investment is for patient people. Bitcoin is highly volatile such that no one can really predict it.

There are people who will sell their bitcoins once it reaches ~$15,000, thinking that it will never go above $20,000 and that it is wiser to sell it now in order to avoid a loss if the price still spits and $15,000 is already good.

[emma.lee1890]

As far as I know, Charlie lee is one of the trusted crypto enthusiast regarding speculations. But seeing the market status is quite possible that it will take 24 months to recover or more. Bitcoin is struggling as application of bitcoin etf was constantly denied by SEC. Factors of it are some people or meant to say investors are still on presale on its price. They still creating massive attacks ans social propaganda about it. So bitcoin remains at this level. See what happen after the Fud created by the CEO of one of the largest financial cobglomerate? It deflects the price and bubble appears during late December. So what does it mean. They just really want the price to go down before the whales begin to move and pump it. Manipulation are really outside decentralization as market convey this act. So unfortunate actually that these kind of act are vulgar with the community.

This famous person who has a great deal of experience regarding the crypto has talked in favor of the bitcoin and he has shared his experience which indicates that bitcoin has a lot of potentiality to do great in future.

[emma.lee1890]

no one actually knows what will happen at what time in crypto. They are all just blind guesses, some of them becomes true and others go unnoticed. We don't know when market will recover but I do believe that market will recover, sooner or later.

This talk of the famous and experienced crypto specialist proves that bitcoin is a very much potential and it has great future.

[Stavr1992]

It's okay, we are already used to waiting. And here we will wait for a new breakthrough after 20.000 $

[LogiC]

It's okay, we are already used to waiting. And here we will wait for a new breakthrough after 20.000 $

Sometimes waiting need lucrative ways on how you will gain profits on the market with bearish. Hodling is actually a win win strategy but this will take time as long as you can be patience enough to handle the ups and down of the market. But if you want to maximize the earning you could segregate or budget your portfolio for holding and trading. Scalping can help you earn 10% if you know how to do it well. Learn some basics and you can probably gain maximum profit even on a bearish market like this.