Bitcoin price is going through a bear run below the ten thousand dollars ($10,000) mark yet the Chief Strategy Officer at Binance believes it can rally to fifty to hundred thousand dollars ($50,000 – $100,000) before the year ends.
The Bitcoin market has seen some surges in its price and the currency has been cut down to 4 digit numbers, say to nine thousand nine hundred and fifty ($9,950) and the been back up again at ten thousand three hundred and twelve, ($10312.8) correcting itself by twenty-five (25%) percent.
To the untrained eye, it would seem as if the bearish market will consume Bitcoin and the altcoins will choose a new ruler from amongst themselves. However, the truth is far from that.
Gin Chao, Binance Company Strategy officer (CSO) still believes that the Bitcoin won’t be leaving the bullish market anytime soon. He says that historical trends in Bitcoin price lapses have led to the crypto industry’s giant standing at this very point.
Chao adds in a Block TV interview that the future will be no different than the past. He is of the view that Bitcoin will attain new height from ranging from fifty thousand dollars ($50,0000) to one hundred thousand dollars ($100,000), a Bitcoin. Read More at Cryptopolitan...