Bitcoin could surge to $300,000 — but winter could last for years when the bubble bursts, says crypto entrepreneur

cnbc2021-03-22

KEY POINTS Bitcoin is currently in a bull market and could surge to as high as $300,000 based on historical patterns, says crypto entrepreneur Bobby Lee. Still, he predicted that price for bitcoin ...

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Comments

UTOtrader
2021-03-22
UTOtrader
Yes, it could reduce to 5000 or less n alot will be strand by the chain..... Blockchain
赛亚老人
2021-03-22
赛亚老人
Wow
givemestonks
2021-03-22
givemestonks
I think it’s possible for BTC to increase exponentially. However it’s not as green as it looks and it really uses alot of electricity. ☹️
JosephHo
2021-03-22
JosephHo
Please reply
vbjvvbb
2021-03-22
vbjvvbb
Comment
YsL
2021-03-22
YsL
Great

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He clarified that he was not sure if history would repeat itself.\nBitcoin has had a blockbuster 2021 so far, with the cryptocurrency breaking multiple record levels this year,and surpassing the $60,000 mark earlier in March. It last traded at $57,660.24, according to data from Coin Metrics.\nStill, a “bitcoin winter” that could last for years may hit the crypto currency following its bull run, warns Lee.\n“It could go down by quite a bit and that’s when the bubble bursts,” he said. “In the bitcoin crypto industry, we call it ‘bitcoin winter’ and it can last from two to three years.”\nInvestors should be aware that bitcoin’s value could fall as much as 80% to 90% of its value from the all-time peak, the entrepreneur said.\n“Bitcoin is very volatile, but the rewards are risk-adjusted, I think,” Lee said.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":359554590,"gmtCreate":1616416025210,"gmtModify":1704793747189,"author":{"id":"3574547619690492","authorId":"3574547619690492","name":"UTOtrader","avatar":"https://static.tigerbbs.com/82be6befb29ac8516e463638d3f659d5","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3574547619690492","authorIdStr":"3574547619690492"},"htmlText":"Yes, it could reduce to 5000 or less n alot will be strand by the chain..... Blockchain","listText":"Yes, it could reduce to 5000 or less n alot will be strand by the chain..... Blockchain","text":"Yes, it could reduce to 5000 or less n alot will be strand by the chain..... Blockchain","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/359554590","repostId":1187857998,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":359504844,"gmtCreate":1616409467788,"gmtModify":1704793651885,"author":{"id":"3560005076175829","authorId":"3560005076175829","name":"赛亚老人","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"hat":"https://static.tigerbbs.com/0a8758340a08196056f8bc1e54805193","crmLevel":5,"crmLevelSwitch":0,"idStr":"3560005076175829","authorIdStr":"3560005076175829"},"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/359504844","repostId":1187857998,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":359266577,"gmtCreate":1616404477999,"gmtModify":1704793578052,"author":{"id":"3575951349200666","authorId":"3575951349200666","name":"givemestonks","avatar":"https://static.tigerbbs.com/745621376bb8efa75eb062094befe1e6","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3575951349200666","authorIdStr":"3575951349200666"},"htmlText":"I think it’s possible for BTC to increase exponentially. However it’s not as green as it looks and it really uses alot of electricity. ☹️","listText":"I think it’s possible for BTC to increase exponentially. However it’s not as green as it looks and it really uses alot of electricity. ☹️","text":"I think it’s possible for BTC to increase exponentially. However it’s not as green as it looks and it really uses alot of electricity. ☹️","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/359266577","repostId":1187857998,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":359205092,"gmtCreate":1616400807616,"gmtModify":1704793510264,"author":{"id":"3575260924648045","authorId":"3575260924648045","name":"JosephHo","avatar":"https://static.tigerbbs.com/b18bd342ec6a173ee43df6269f056c9b","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"3575260924648045","authorIdStr":"3575260924648045"},"htmlText":"Please reply","listText":"Please reply","text":"Please reply","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/359205092","repostId":1187857998,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":359200890,"gmtCreate":1616400209510,"gmtModify":1704793501437,"author":{"id":"3554803619527377","authorId":"3554803619527377","name":"vbjvvbb","avatar":"https://static.tigerbbs.com/8fb1b38f4354ec237a7cab99dbd46e94","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3554803619527377","authorIdStr":"3554803619527377"},"htmlText":"Comment","listText":"Comment","text":"Comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/359200890","repostId":1187857998,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":359645694,"gmtCreate":1616398613818,"gmtModify":1704793483479,"author":{"id":"3571083769580822","authorId":"3571083769580822","name":"YsL","avatar":"https://static.tigerbbs.com/f258b1aa573da15fd74641181f7391bf","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3571083769580822","authorIdStr":"3571083769580822"},"htmlText":"Great","listText":"Great","text":"Great","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/359645694","repostId":1187857998,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":18,"commentSize":12,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.30.2","shortVersion":"4.30.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1187857998"}