Bitcoin bull Mark Yusko, CEO of a hedge fund with $1.5 billion in assets under management, predicted Bitcoin prices. According to the investor, in August the trading price of digital currency may go down due to potential disapproval of cryptocurrency ETF by the US Securities and Exchange Commission (SEC). However, BTC holders shouldn’t be worried and stay patient. Yusko believes that Bitcoin price is going to reach $25,000 by the end of 2018 and hits $75,000 by 2020, $200.000 in 2022 and reaches $500,000 by 2024. It should be reminded that the US Securities and Exchange Commission has recently rejected a second attempt by Cameron and Tyler Winklevoss, founders of crypto exchange Gemini, to list the first-ever cryptocurrency ETF on a regulated exchange. Cryptocurrency market felt it immediately and bitcoin went from $8300 to $7900. |
