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BTC Price Prediction: Bitcoin Is to Hit Another $995,000 for McAfee’s Prediction to Come True

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BTC Price Prediction: Bitcoin Is to Hit Another $995,000 for McAfee’s Prediction to Come True
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The world has been positively shocked by Bitcoin’s recent spikes: one day ago, it touched the $4,500 mark. Today, it has crossed the $5,000 border. What’s next? Let’s read Bitcoin price predictions from Twitter.

Now that Bitcoin is going up the stairs, let’s remember one infamous prediction:

And now that the market is under the bullish wave again, it's easy to believe that BTC will reach the new highest high (in December 2017, it was close to $20,000).

Here’s what McAfee thinks himself:

So, what’s next?

There are new price targets ahead:

Most traders provide very positive, bullish predictions:

Apparently, $6,000 is our next price target:

In the longer term, numbers might seem even more enticing:

Some users, however, claim that BTC has its limit, which might affect its value on the market:

By the way, if you’re interested in whether BTC will reach $50,000 this year, read this post:

Traders have all eyes on Bitcoin’s price. It finally seems to be making the impossible happen, and the crypto winter is over. Most likely, BTC will crawl to $6,000, but after that, we could see a minor nosedive. Will McAfee’s prediction come true? It doesn’t seem to be likely now, but at least we have a chance to witness BTC reaching its previous highest high of $20K this year.

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About the author

Alex Dovbnya (aka AlexMorris) is a cryptocurrency expert, trader and journalist with an extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets. He’s particularly interested in regulatory trends around the globe that are shaping the future of digital assets.

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Bitcoin Price Up 4,000% in 5 Years, 129% This Year, Says John McAfee, Bashing Fiat

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  • Yuri Molchan
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    The crypto baron and eccentric John McAfee bashes fiat, praising Bitcoin and standing firm on his $1-mln forecast

Bitcoin up more than 4,000% in five years, says John McAfee, standing by his $1-mln BTC forecast
Cover image via www.youtube.com

Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of U.Today. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.

Contents

The former antivirus mogul and presently a US presidential candidate (on the run from IRS) and a crypto promoter on Twitter has again raised his voice on the social media to criticize fiat currencies and give Bitcoin a portion of praise.

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Bitcoin is better than fiat: John McAfee

Yesterday, in his tweet, John McAfee stated that Bitcoin is over 4,000 percent up over the last five years and this year it has risen almost 130 percent. Paraphrasing his words a little, fiat is nothing compared to that.

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The $1 mln BTC forecast still on the table

John McAfee is famous for his bold prediction of the Bitcoin price, saying that on 31 December 2020, it will inevitably hit the jaw-dropping $1 mln. In case it does not, McAfee promised to do publicly something which nobody would really want to see - eat his own manhood.

When asked whether he still stands by his forecast, McAfee said: absolutely.

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About the author

Yuri is a journalist interested in technology and technical innovations. He has been in crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future. ‘Hodls’ cryptocurrencies. Has written for several crypto media. Currently is a news writer at U.Today.

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