Bitcoin Veteran Bobby Lee Suddenly Makes $200,000 BTC Price Prediction

Libra Coin News
Thu, 09/12/2019 - 06:23
Alex Dovbnya
While pitching his new cryptocurrency wallet startup Ballet, Bobby Lee, the founder of the very first Chinese crypto exchange, has made a bold Bitcoin price prediction 
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Bobby Lee, the former CEO of BTCC, with Ballet, is done going on vacations after selling the first Chinese exchange for an eight-figure sum. The cryptocurrency veteran has announced a new cryptocurrency startup that will make it easier for the average Joe to spend crypto.

There are a lot of people who come to me and say: Bobby, will you help me store my bitcoin for me?” Lee told Yahoo Finance.

Ballet will roll out “card-sized” Bitcoin wallets that regular people will comfortable with. REAL, the first product released by the company, allows its users to store their private key offline, thus eliminating the possibility of a hack. REAL will be available to beta testers in the coming weeks at a promotional price of $29.

Analyst Predicts When Bitcoin Price Will Hit $100,000 Based on Power-Law Growth Model

As reported by U.Today, Lee claimed that Bitcoin was still a good investment in 2018. This time around, he suggests that BTC could even go to even $200,000.

We are in one of many, many cycles to come. Any cycle will take us to higher and higher heights. I’m quite confident sitting on my bitcoin investment that in a very short amount of time we’ll exceed $20,000 and go to $50,000, $100,000, even $200,000.”

About the author

Alex Dovbnya (aka AlexMorris) is a cryptocurrency expert, trader and journalist with an extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets. He’s particularly interested in regulatory trends around the globe that are shaping the future of digital assets.

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