In times when cryptocurrency markets are experiencing a relatively significant dip, some influential voices continue to sound optimistic. We cover these opinions in today’s edition of Bitcoin in Brief. Of course, positive predictions are almost always balanced by some negative expectations; in this case they are part of a short-term prognosis.
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McAfee Sees Bitcoin Beyond $15,000 in June
Soon after tweeting that “institutional investors are preparing to enter the cryptocurrency market with a vengeance,” cybersecurity guru John McAfee issued another bullish prediction. Focusing on short term analysis this time, which he admits is not his favorite, he turns attention to several events that may influence the cryptocurrency market – which, in his words, “will turn before June 12.”
According to McAfee, the “Korea deal is done and Trump will sign the documents in Singapore on 12 June […] The various noises being made are propaganda for domestic consumption,” he notes. After Singapore, the software businessman expects a visit by the US President to Japan, where “talks on creating a gold backed US currency will commence.”
Bitcoin (BTC) will surpass $15,000 in June, but will dip in July, McAfee predicts. His post also features several altcoins like golem, docademic, bezop, bitcoin private, and EOS. McAfee, who is a known supporter of cryptocurrencies and their adoption, has previously stated that the price of bitcoin will reach $1 million per coin by the end of 2020.
In recently recorded video, the internet security expert also talks about “the war we are all engaged in.” The banks, the government and the US Securities and Exchange Commission have declared war on crypto, in his judgement.
