Tyler Winklevoss, one of the two recognized Winklevoss twins believes that Bitcoin (BTC) could reach $15,000. He said that in a tweet he wrote on June 19. Bitcoin is getting closer to $10,000 and analysts are also thinking about what can happen in the future.
Bitcoin Could Move To $15,000
The entrepreneur and also the co-founder of the Gemini exchange alongside his brother wrote on Twitter that the most popular digital asset could surpass $15,000 if it breaks $10,000.
The digital currency has been moving in a bull trend during the last months and the bear trend has been already left behind. Moreover, if Bitcoin surpasses $10,000, bulls will be in control of the market. This price level is also going to be very important for the most popular digital currency because it would work as a support level once it breaks above it.
Bitcoin experienced an important price recovery since it bottomed in December 2018 close to $3,200. Since the year started, Bitcoin is up by over 140 percent and it seems that the cryptocurrency has received support from many investors around the world.
Tyler Winklevoss received a very promising answer from John McAfee, the recognized Bitcoin supporter and the owner of the anti-virus company that is named after him. He mentioned that if Bitcoin breaks $100,000 “you can bet it will break a million.”
If Bitcoin Breaks 100k you can bet it will break a million:)
— John McAfee (@officialmcafee) June 19, 2019
John McAfee has also predicted Bitcoin to be surpassing $1,000,000 before 2021. He said that according to his models, Bitcoin is going to be reaching $1 million by December 31st, 2020. According to a website that tracks McAfee’s Bitcoin price prediction, Bitcoin is currently 85% down from the current value it should have if it wants to surge up to $1 million next year.
Before this prediction, he suggested that Bitcoin was going to be moving to $500,000 but the price of the most popular cryptocurrency accelerated much faster than his model assumptions.
When I predicted Bitcoin at $500,000 by the end of 2020, it used a model that predicted $5,000 at the end of 2017. BTC has accelerated much faster than my model assumptions. I now predict Bircoin at $1 million by the end of 2020. I will still eat my dick if wrong. pic.twitter.com/WVx3E71nyD
— John McAfee (@officialmcafee) November 29, 2017
At the time of writing this article, Bitcoin is being traded around $9928 and it has a market capitalization of $176.44 billion. According to data provided by CoinMarketCap, Bitcoin expanded over 4.75% in the last 24 hours.
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