Bitcoin to Bull to $60,000 in 2018, I still believe, Start-up exec says to CNBC

Discussing the future of bitcoin prices from CNBC.

 

“Back then, December, price was at $20,000 all-time high. I predictedfor 2018, we’re going to see $5,000 and $60,000. So $5,000, we pretty much hit it, so let’s see if we can do the $60,000. I’m still quite confident,” Julian Hosp, president and co-founder of crypto wallet and card start-up TenX, told CNBC’s Akiko Fujita at the RISE tech conference in Hong Kong.

A “massive positive event” would need to occur this year to get bitcoin to the $60,000 mark in 2018, Hosp acknowledged, adding that that could come in the form of a bitcoin exchange-traded fund or a country announcing something that is “very, very positive for bitcoin.”

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Mohsen Daemi
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