New Bitcoin (BTC) Prediction Goes Viral – Edward Snowden Gets Involved
The crypto market saw a massive rebound these days, and amidst all this, a prophecy about the future of BTC popped up to the front page of Bitcoin’s subreddit, according to the latest reports coming from Daily Hodl.
First of all, it’s essential to mention the fact that last week, the bulls came back to the crypto market, blowing everyone’s mind after Bitcoin surged a lot in a single day.
The reasons for which this happened were debated and as we also reported ourselves, Gabor Gurbacs addressed three main reasons for which the bulls are back in the crypto market.
“CME Bitcoin futures expired
President Xi Jinping supports blockchain in China.
Crypto Capital CEO arrested. Exchanges, such as Bitfinex, may get some of the seized 850 million back.”
An anonymous prediction
The online publication mentioned above notes that back in January, an anonymous post on 4chan forecasted BTC’s price movements until November this year.
The trader nailed two projections and said that BTC would hit at least $5,300 in April and surpass $9,200 by July.
Now, BTC has less than a week to continue its rally and reach the October target of $16k.
After this post went viral on Reddit, Edward Snowden treed an image from the post and creating a viral moment.
— Edward Snowden (@Snowden) October 26, 2019
You may be aware of the fact that Snowden is a longtime advocate of digital assets.
Bitcoin is poised to reach $20k soon
In other news, a lot more optimistic predictions about the price of BTC popped up.
Crypto Michael analyst told his 43k followers on Twitter that a few key BTC metrics look solid after the massive rally of the BTC rally from last Friday.
He said that the current price action could be comparable to 2016, and his new target for the most important digital asset is $17k to $20k.
At the moment of writing this piece, Bitcoin is trading in the green, and BTC is priced at $9,474.68.
CoinMarketCap is a website that provides cryptocurrency market cap rankings, charts, and more. It was purchased by Binance for $400M in 2020.
Eduard Watson Author
An experienced finance writer for more than 10 years, active industry watcher, and gadget enthusiast.