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‘Tis the season of Bitcoin price predictions.
Only days after Nexo co-founder Antoni Trenchev made the case for a $50,000 BTC price in 2020, Bitpay Chief Commercial Officer Sonny Singh has also shared his belief that Bitcoin (BTC) will hit a new all-time highs this year.
Notably, Singh shared what turned out to be a correct prediction that Bitcoin would get close to $15,000 in 2019 with Bloomberg a little more than a year ago.
“This year, I’m going to make a prediction,” Singh told Bloomberg’s Taylor Riggs on Wednesday.
“I think Bitcoin passes the all-time high and goes passed $20,000 this year.”
In other Crypto news today, Elon Musk dropped a Bitcoin Bomb on Crypto Twitter… again.
In an innuendo-filled tweet, the chief executive of both SpaceX and Tesla joked that Bitcoin is “*not* my safe word.” (If you don’t know what “safe word” means, please search it up.)
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DISCLAIMER: This is NOT financial advice. The views and opinions expressed in this video are just opinions, nothing more. Trading is very risky, especially when trading with leverage. Seek financial advice from a professional and trade at your own risk because I am not responsible for any investment decisions that you choose to make.
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Bitcoin is *not* my safe word
— Buff Mage (@elonmusk) January 10, 2020