Bitcoin is on its way to a whopping $2 million, and it will get there within six years. Lawrence “Larry” Lepard thinks so — founder of Equity Management Associates and “asset management guru” how is it calls the publication Cointelegraph. The expert shared his predictions regarding the future of cryptocurrency in a podcast Quoth the Rave.
Lepard noted that the path of bitcoin will be thorny: its value will reach a macro maximum of $200,000, following which it will sink by 70%, and then increase once more. To the question regarding does he agree that one bitcoin can end up worth $2 million is 100 times more than the current price,” Lepard answered without hesitation: “Yes, easy, easy.”
Recall that now the digital currency is in a downtrend. This has been going on for almost a year now. Most of the time, the price of bitcoin fluctuates around the $20,000 mark.
Earlier it became known that bitcoin got into the Guinness Book of Records. The first cryptocurrency has established itself in the history of world achievements on several points at once: as the oldest cryptocurrency, the first decentralized cryptocurrency and the most expensive cryptocurrency. Find out more regarding it you can here.
