0
📰 News

Bitcoin Bull John McAfee Urges to Ignore the BTC Price Fall, Stands Firm on $1 Mln in 2020

  • 📰 News

    As Bitcoin plunged below $8,000 this morning, the Bitcoin permabull and ‘crypto anarchist’ John McAfee urges the community to ignore it, confirming his $1 mln forecast

Cover image via www.youtube.com
Contents

John McAfee, an eccentric and controversial figure of the crypto industry, has again addressed the community, calming them down and urging not to panic over the current Bitcoin price’s massive drop.

Instead, he suggests the following: ‘woo your spouse or finish off your drug stash’ but do not pay attention to the Bitcoin massive loss in value. As before, McAfee confirms his manhood-risky forecast for $1 mln per Bitcoin by the end of 2020.

👉MUST READ

Binance Freezes 12 Bln TRX after Buying Votes on Tron to Become Number 1 Super Representative

Binance Freezes 12 Bln TRX after Buying Votes on Tron to Become Number 1 Super Representative

McAfee supports Peter Brandt

Posting a screenshot of an article published by U.Today, in which the trading guru Peter Brandt predicts the Bitcoin price to hit $50,000, McAfee stated that he agrees with him on this mind-term forecast.

As per the long-term direction of the BTC price, John McAfee stands firm on his previous prediction of $1 mln per Bitcoin by the end of 2020.

👉MUST READ

Binance Freezes 12 Bln TRX after Buying Votes on Tron to Become Number 1 Super Representative

Binance Freezes 12 Bln TRX after Buying Votes on Tron to Become Number 1 Super Representative

‘Stop wringing your hands!’

Being on the run from the US IRS and changing ‘safe locations’ every now and then, John McAfee remains deeply involved in the crypto industry, cooperating with various companies. Among his most recent ‘jobs’ is the Chinese project Zombie Coin and the Burency crypto exchange.

Every time that the bears started to win over the bulls on the BTC market recently, McAfee urged the community not to take these shifts of the price seriously, promising the brightest future for dedicated Bitcoin investors and hodlers.

This time he says ‘stop wringing your hands. All is well”.

As reported by U.Today, earlier, at the weekend he addressed the crypto community via his Twitter page, encouraging them to do whatever they can to stimulate the BTC rise.

Join our Telegram channel to get news even faster!

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.

This block is broken or missing. You may be missing content or you might need to enable the original module.
Recommended articles
0
📰 News

Bitcoin Price Likely to Decline to $7,800: Crypto Analyst

  • 📰 News

    Bitcoin is to find support at $7,800 or recover to $8,300, an analyst writes, but either way ‘continuation of the ranging on either of the levels is going to occur’

Cover image via www.123rf.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.

Over the last few days, Bitcoin has been trading below the $8,500 area. At the moment, it has recovered to $8,258 after the recent slip below the $8,100 level.

Analysts have been bullish on BTC in the long run, however, the nearest BTC price movements are expected to be bearish.

👉MUST READ

Ex-Congressman Says Fed Should Not Play With Own Cryptocurrency

Ex-Congressman Says Fed Should Not Play With Own Cryptocurrency

The crypto analyst @CryptoMichNL believes that there are two paths ahead of Bitcoin at the moment. If it fails to recover to $8,300, he says on his Twitter page, then the market should be ready for the flagship coin to drop and find support at the $7,800 or $7,300 levels.

Whichever way it goes, ‘continuation of the ranging on either of the levels is going to occur’.

The analyst tweeted this forecast twice with an hour pause.

Join our Telegram channel to get news even faster!

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.

This block is broken or missing. You may be missing content or you might need to enable the original module.
Recommended articles