This guy predicted BTC to $5K when it was around 2600, now he says look for it to go higher still
Speaking on CNBC:
- "The end-game on Bitcoin is that it will hit $300,000 to $400,000 in my opinion, and it will be the most valuable currency in the world"
- "I don't know how much gold there is in the ground, but I know how much bitcoin there is, and in two years there will be 300 million people in the world trying to get their hands on a few million bitcoin. This mind-boggling supply and demand imbalance is what is going to drive the price higher"
Here is more: Analyst who predicted Bitcoin's rise now sees it hitting $300,000-$400,000
Bitcoin futures have traded down since the week's opening - this is the CBOE contract: