BTCC CEO Bobby Lee Sees Bitcoin Surpass $60,000 by 2020

in #bitcoin6 years ago

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Bobby Lee, the co-founder of BTCC and the brother of Litecoin creator Charlie Lee, has recently made a bullish case for bitcoin, the flagship cryptocurrency, as he sees its price surpass $60,000 by 2020 after the block reward halving.

Through various tweets the entrepreneur revealed he believes that as BTC’s price hits $60,000, its total circulation value will be of over $1 trillion which will in turn see its price become more stable thanks to higher global liquidity.

Read more: https://www.cryptolook.io/cryptocurrency-news/btcc-ceo-bobby-lee-sees-bitcoin-surpass-60-000-by-2020