CEO of Celsius Network, another crypto asset startup predicted that the crypto will be around $30,000 by the end of 2020. He also regarded that people underestimate the effect of the approaching halving event. Reportedly, his prediction falls in line with other predictions that the helving event could shoot BTC price upwards.
we have to work with facts, here is the current price: $8800, the price dropped from $9200 to $8500. The price failed to stay above $10500 and all attempts to reach $10500 resulted in a big price drop. If couldn't break $ 10500, how can you dream of $30,000?
Also, it has been predicted that BTC could be around $16,000 by June 2020
I believe that he must be sorry to have made this prediction, the problem of people in the crypto world is dominated by emotions. As the price increased so much that it reached $10,000, they think that it would continue, they never put the possibility that this would be the limit
about what Tom Lee said in the article I disagree with him, with the coronavirus the bitcoin price will fall instead of increasing. just think: if a person is sick, why the hell would they buy bitcoin? furthermore, if governments quarantine, how the hell are people going to buy bitcoin if they are quarantined?