Bitcoin could reach '$50,000 in 2021' - Tone Vays
IG trading the markets
English - August 19, 2020 13:53 - 10 minutes - 10.1 MB - ★★★★★ - 1 ratingInvesting Business Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Previous Episode: US earnings season: the worst quarter in a decade, with Chris Bailey
Bitcoin influencer Tone Vays says March’s market capitulation is behind the recent rally for bitcoin. He says it has been fuelling a huge appetite for ‘anything other than government paper’ and believes bitcoin is a true safe haven. In terms of levels, he thinks it will remain above $10,000 for the rest of the year, break $20,000 next year with a possibility that it will reach $45-50,000 in 2021.
Any opinion, news, research, analysis, or other information does not constitute investment or trading advice.
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