- 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
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.
If history repeats perfectly, then the current bear market for #Bitcoin would bottom out at $2,500 next month, in Jan 2019.
And then the next rally would start in late 2020, peak out in Dec 2021 at $333,000, and then crash back down to $41,000 in Jan 2023.
Something like that?🙂 https://t.co/M8ljIVnt73
— Bobby Lee – Ballet: Simple & Elegant Wallet (@bobbyclee) December 7, 2018
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.
I still stand by this #Bitcoin price prediction tweet from December 2018.
— Bobby Lee – Ballet: Simple & Elegant Wallet (@bobbyclee) July 27, 2020
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.