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Ethereum (ETH) co-founder turned Cardano (ADA) creator Charles Hoskinson said that he expects the Bitcoin price to be back over $10,000 and reach $100,000 in the future.
In a tweet published on Nov. 22, Hoskinson urged the cryptocurrency community that Bitcoin (BTC) is more than speculation, putting the blame on the latest drop in price on news media “FUD” – or fear, uncertainty and doubt – and market manipulation.
“Bitcoin’s price is going down? Remember everyone, after the FUD, news trading and manipulation clears out, we still have a global movement that’s going to change the world. We will see 10k btc again and welcome 100k. Crypto is unstoppable. Crypto is the future”
In other BTC news today:
Will the Bitcoin price plunge further? Analysts target $6,000.
BTC continued its downward slide and did not stop at $7k.
Support was smashed again and the king of Cryptocurrency fell into dangerous ground with a wick down to $6,800.
This is its lowest level since mid-May when things were all in the opposite direction.
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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.