Co-Founder of Chinese Crypto Mining Pool Predicts BTC Price of $738,000

in #bitcoin6 years ago (edited)


Saturday, February 16th 2019, 8:44 am

The bullish #Bitcoin price predictions are back.

The co-founder of China-based crypto mining pool #Poolin, Zhu Fa, forecasts that the BTC price could reach $738,000 in the future. Despite the current bear market, Zhu believes that when the bulls gain control, prices will trade as much as 20-times higher than at the peak.

This doesn’t mean prices will remain that high, as Fa adds that the next bitcoin bull market could be the final one. The Bitcoin price is currently trading at $3,620, up fractionally. (GT)

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No matter what, there will be tons of trading opportunities due to volatility in the uptrend before the BTC price hits its all time high. Traders will seize this opportunity and profit.

You are right, we will still earn profits as long as bitcoin still adopted by people and investor, just exchange each other.