Strategist Binance: Bitcoin will grow to $ 50-100 thousand

If historical trends are maintained, Bitcoin can rise to levels in the range of $ 50,000 – 100,000. The chief strategist of one of the leading Binance crypto-birx, Jin Chao, is convinced of this.

#WEEKINREVIEW : "If you look at the $ 50,000-100,000 range." – Gin Chao, @Binance Strategy Officer. Check out the full interview at: https://t.co/9EOuzS6ktu pic.twitter.com/lvnU0GntaE

– BLOCKTV (@BLOCKTVnews) June 30, 2019

He also believes that the “critical point” in the adoption of cryptocurrencies will be reached precisely in this range.

At the same time, Chao noted that this time the Altcoins will not correlate with Bitcoin, as was the case during the previous wave of growth.

“Recently one can observe uncorrelated activity. People begin to discern what to trust more, and what is speculative. I think this is good, ”said strategist Binance.

Recall that earlier growth to $ 100 thousand bitcoin was already predicted by the head of the American bitcoin exchange Kraken, Jess Powell.

Subscribe to the BlockchainJournal news in Telegram: BlockchainJournal Live – the entire news feed, BlockchainJournal – the most important news and polls.