Hedge Fund CEO: $60,000 For Bitcoin in 2018 is Still In Play, Optimistic

Phillip Nunn has stated that he still believes that Bitcoin will reach $60,000 this year. The CEO of The Blackmore Group and Wealth Chain Group reaffirmed his January price prediction earlier today.
Nunn Believes that Many Crypto Projects will Fail
Nunn spoke to BusinessCloud at KPMG’s Tech Manchester event on Thursday. He stated that he still very much believes the calls he made in January. At the start of the year, he made a price prediction that Bitcoin would hit both $6,000 and $60,000 at some point in 2018. Yesterday, he told the publication:

“Well we’re certainly about to see the $6,000 aren’t we?… That’s probably a few hours away.”

He then addressed the more exciting end of his prediction:

“The prediction was based on, first of all, market volatility which we’re experiencing at the moment; I think that’s really apparent. I absolutely stand by my prediction.”

He went on to compare the cryptocurrency space to the dotcom bubble. He highlighted that the crypto market was essentially the reserve of the earlier crash since the money currently in Bitcoin and other cryptos was “from the crowd& …

Read more –> click here all content is copyright Inside Bitcoins.

Need Bitcoin marketing and PR? Bitcoin PR Buzz has been proudly serving the PR and marketing needs of Bitcoin and digital currency tech start-ups for over 2 years. Get your own professional Bitcoin or cryptocurrency press release CLICK HERE.

Powered by ABITCO.IN

by Inside Bitcoins via ABITCO.IN