Bobby Lee Stands By His $333,000 Bitcoin Price Prediction

5d85c99dd353c-bpfull
Steve Anderrson
Steve Anderson is an Australian crypto enthusiast. He is a specialist in management and trading for over 5 years. Steve has worked as a crypto trader, he loves learning about decentralisation, understanding the true potential of the blockchain. Join the official channel of thecoinrepublic, For the latest news updates: https://t.me/thecoinrepublic
  • Bobby lee in his 2018 tweet mentioned the next rally is predicted to start by late 2020 and would peak out in 2021 reaching an all-time high of $333,000.
  • In his recent tweet, he mentioned that he still stands by his prediction.
  • As Bitcoin crossed $10,000, he is questioning whether BTC would cross the $15000 and $20000 mark this year or not.  

In one of his tweets in December 2018, Bobby Lee has said that if history will repeat itself, bitcoin price peak out in Dec 2021 at $333,000. In his recent tweet, he mentioned that he still stands by his prediction.

Bobby Lee’s Bitcoin Theory

Advertisement


In the same Twitter thread by Bitcoin advocate Lee has revealed more about this interesting trend about Bitcoin. He said that if history repeats itself than considering Bitcoin’s bear market in 2018, then it is likely that it will bottom out to $2500 in January 2019. Consequently, the next rally is predicted to start by late 2020 and would peak out in 2021 reaching an all-time high of $333,000. Again it would topple back to $41000 in January 2023. 

Lee Still Sure Of Predictions Back In 2018

Bobby Lee is a famous Bitcoin promoter. He is the CEO of crypto ballet and also the board member of the Bitcoin Foundation. In his most recent tweet about the Bitcoin trend, he said that he still abides by the prediction that he made back in 2018. Now that Bitcoin rally is finally here and BTC has crossed the $10000 restriction, he is questioning whether BTC would cross the $15000 and $20000 mark this year or not.  

BTC Rally Has Begun, Major Cryptos Doing Well Too

In just a few days, Bitcoin has been successful in crossing the barrier of $10000 and is currently trading at $10,223.26 and is up by 2.85% in the last 24 hours. The 24 hour high is $10,334.49. However, this is just not the only crypto that has reached heights. Sideways Ethereum is also rallying. Altogether the top-10 cryptos are growing by more than 10%. The Ballet crypto founder has also noticed the Gold rally because BTC is often referred to as digital gold. Gold has been trading in the $1900 vicinity and is very close to the 2011 all-time highs of $1920 per ounce. He also said that if it crosses the $1920 barrier then it is highly probable that it will cross the $2000 restriction.

Hot News

Kyoto University to Recruit People to Maintain XRP Validator

Kyoto University is now in search of a technical assistant to maintain and manage XRP validators. XRP also is known as Ripple is a...

Litecoin (LTC) Awaking From the Bear market

Cryptocurrency markets continued their rally soon after facing a major blowout. The seventh-largest cryptocurrency by market capitalisation, Litecoin, witnessed major price shifts for...

Japanese Consortium of Enterprises to Use Blockchain To Trade With Vietnam

A Japanese council consisting of 18 Japanese enterprises like NTT, Mitsubishi, and Japan Express has decided to apply a blockchain-based business management system...

Greg Tusar joins Coinbase as Vice President of Institutional Products

Greg Tusar is the co-founder of Tagomi and electronic trading pioneer and he joins the Coinbase as a part of their recently announced...

Millennials Prefer Bitcoins, While Older Cohorts Prefer Gold: JPMorgan

JPMorgan Chase has revealed that the older cohort of investors tend towards Gold, whereas the younger ones prefer to invest in digital assets. ...

Bitfinex Announces a $400 Million Bounty For Return of Stolen 2016 Bitcoin

The Bitfinex exchange is offering a huge reward of $400 million in return for information about the individuals or groups who were responsible...

Partners

RELATED NEWS

Kyoto University to Recruit People to Maintain XRP Validator

Kyoto University is now in search of a technical assistant to maintain and manage...

Litecoin (LTC) Awaking From the Bear market

Cryptocurrency markets continued their rally soon after facing a major blowout. The seventh-largest...

Japanese Consortium of Enterprises to Use Blockchain To Trade...

A Japanese council consisting of 18 Japanese enterprises like NTT, Mitsubishi, and Japan...