On Sunday, the crypto baron John McAfee tweeted, urging the crypto community not to pay attention to weekly fluctuations of Bitcoin price.
Despite the current drop of Bitcoin below $10,000 and its slight recovery above this level, he points out that over the last few months, the major currency has still risen more than just quite substantially.
Bitcoin is at the mid 10's and people worry. LMFAO!! Why do you pay attention to weekly fluctuations? Look at the past few months FFS! It's rising drastically. I'm still positive about my $1 mil BTC price by the end of 2020. Alt coins like MTC and Apollo will rise ten times more.
— John McAfee (@officialmcafee) July 14, 2019
McAfee still hold on to his forecast of Bitcoin hitting $1 Mln on Dec. 31, 2021, despite the obvious risk to his privates but not reputation – even if Bitcoin fails to hit $1 mln, the ‘crypto baron’ may just postpone his forecast – his reputation in the crypto community will easily allow him to do that.
Alex Dovbnya
U.Today Editorial Team
Vladislav Sopov
Dan Burgin