Though there is an uncertainty in the crypto market, the prominent crypto advisor McAfee predicted another bullish run of Bitcoin. He has constantly voiced confidence in crypto’s eventual accomplishments from his tweets. On July 18, 2018 McAfee said that bitcoin’s recent uptick is an indication to set an upcoming trend.
Bitcoin – $1,000 increase in one week. Is this the bull market? I have no clue. 10 such increases in succession and I will consider it Bull. In the meantime, know this: The Bull Market IS coming. And when it does, it will make the eruption of Krakatoa seem like a Meerkat's burp.
— John McAfee (@officialmcafee) July 18, 2018
Well!!! There is no doubts that his statement are much aware about no bounds when its matter of Bitcoin. Previously, he had predicted that bitcoin price would hit up to $5000 by December and $500,000 by 2020. However, more surprisingly price was at $20,000 mark.
Again a few days later, via his tweet he asked his investors to hold onto their crypto assets due to the massive surge in prices in November. He predicted that by 2020, the bitcoin price will reach $1million and if he is wrong saying he would ‘eat his dick’.
Recently, bitcoin has seen an impressive 10% rise in the last 24 hours and passed the line of $7000 at slight. However, several crypto influencers say that it has staying power in upcoming days.
Even other bitcoin bulls have several number of outrageous although comparatively many have failed to set standards like McAfee. Recently, the Winklevoss Twins predict that Bitcoin’s value could be 30 to 40 times more with two years of time.
Also Roger Ver and Tim Draper accordingly to the McAfee’s statement believe that Bitcoin’s value could hit upto $250000.
Moreover, all the above considerations doesn’t stand their ground when McAfee influences on the crypto space. Currently, McAfee is busy in promoting the BitFi Wallet.
Image Source: Bitcoin