CRYPTOCURRENCIES LATES NEWS: Cofounder TenX: Bitcoin will grow to $ 60,000
According to the crypto-currency entrepreneur and co-founder of the block-start-up TenX, Julian Hosp, the growth of bitcoin ( Bitcoin ) is not over yet. But there is one thing. "I think we'll see how bitcoin reaches $ 60,000. However, I believe that we will also see a mark of $ 5,000. The only question is, what will happen from this earlier? "- said Josep in an interview with CNBC. Hosp added that the recent deep correction of bitcoin was "welcome" for many investors. According to him, investors expected that the price of the cryptocurrency would fall, given the "dangerous" growth in the rate in recent months.
"This fall was very, very healthy, and many took advantage of it to buy a little more because suddenly we had a discount of 40-45% in relation to the historical maximum," he explained. The businessman also expressed confidence that the price of bitcoin would fall again: "I do not think that this will happen right now, but in the long term we will always observe small ups and downs of the price." Finally, Josep suggested that the bubble in the market will really burst - but this only applies to those coins "that carry little benefit." As a result, capital will flow into more promising coins, in which there is an innovative technology, and people will use them in everyday life.
