We all know the market in the dumpsters literally markets have been tanking over the last few days but I do have some positive news Mr Tim draper has a revisited his Bitcoin estimates says its going to hit one quarter of a million dollars. that is $25000 USD with respective 10 trillion dollar market cap by 2022 Draper told the street price wise we will continuous to see Bitcoin move higher he's revised estimate of 250 thousand four years Out so we'll see Bitcoin trading and $250,000 mark in 2022 citing security as its best feature the Bitcoin blockchain has not been hacked by banks are constantly being hacked
They are playing whack-a-mole trying keep the hackers away. the bitcoin is the hero that come at the perfect time to save us as banks have begun to lose their safe hold on people's money a men Tim Draper as for the as for the heated on whether cryptocurrencies are securities Draper says its already a closed case there very much currency draper being a venture capitalist carries a lot of weight with Theses predictions of the bitcoin hitting 250,00 by 2022, don't know anything about him reproduction as well we ever infamous John McAfee has predicted a bitcoin bounce back of $15,000 at the very latest he says coming in a month and half by the it end of July being called of the man with the crystal ball and notorious for tweeting asset and it would be honestly nothing of a miracle if bitcoin can bounce back to that degree in such a short time bitcoin will surpass 15000 in June was the first pridiction and dipping in July 9 Halfway through the month of June McAfee seems to have received a new vision whether its from the crystal ball or weather its Some sort inside lobbying that he is doing doing or whether he is trying to Appease the seemingly pan Henna cryptocurrency investors as well have a look at this wall street cheat sheet the psychology of a market cycle going through all the hope belief thrill euphoria that is associated Run-up and the fact that we were spoiled back December and January falling now to complacency anxiety Denali panic personally.
I think we are well into the anxiety in their phases and panic capitalisation and as well as anger and depression will shortly follow. I do for Bitcoin could be headed down to 4 to 6 thousand price range before it season the last button. I'm hopefully through that does not happen and McAfee is right saying bitcoin going to bounce back to 15k At the latest in July. nevertheless the fundamentals of this market developing very fast if the price was any reflection of development. we could not in a retracement right now, so I do personally feel that the best is yet to come all we can do is continue to monitor market as the Chenge. so keep it locked right here, crypto review central also comment below