One crypto startup executive believes bitcoin’s price could hit $60,000 this year, despite its dip from a near $20,000 high in December to the $6,000 range.
Julian Hosp, co-founder and president of TenX, a crypto wallet, told CNBC during the RISE tech conference in Hong Kong that he expected to see bitcoin’s price fall to $5,000 when it reached its December highs, and he remains confident that a $60,000 price this year is feasible.
What does it need?
For bitcoin to reach $60,000 this year, all it needs is a major positive event. This can only happen if a country makes a positive announcement about bitcoin or a bitcoin exchange-traded fund coming to fruition.
Should such an event not occur?
Julian Hosp said the price will need to surpass the $10,000 mark by August. This can happen if media coverage will be positive, making the $60,000 price possible.
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Yeah nah - Not going to happen.
Not even Bitfinex and tether can pump the price that high.
I know but one point is valid. A series of good news in media and from every country can really make it happen.
We all wish it were so. But unfortunately it will take much more than that.
Remember, people have now seen a MASSIVE drop in price - the bubble has burst, recovering from that will take a HUGE NEW EVENT.
Yes i accept this fact.
Nice post bro
Thank you bro.
I wish bro.
I am waiting for it
Anything is possible, only believe