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Kenetic Capital Co-Founder Predicts Bitcoin To Reach $30,000 Before End Of 2019
Summary: Cryptoglobe.com has reported that Jehan chu co-founder of Kenetic Capital and the Bitcoin Assocsiation of Hong Kong has predicted that Bitcoin could reach a new record high of $30,000. Chu believes that with big time companies such as Facebook, J.P. Morgan and Fidelity all getting involved in cryptocurrency, that competitors will soon follow suite in an ...
Cryptoglobe.com has reported that Jehan chu co-founder of Kenetic Capital and the Bitcoin Assocsiation of Hong Kong has predicted that Bitcoin could reach a new record high of $30,000. Chu believes that with big time companies such as Facebook, J.P. Morgan and Fidelity all getting involved in cryptocurrency, that competitors will soon follow suite in an attempt to keep up. Another reason is with how underwhelming and dissapointing companies like Uber and Lyft have been in the market. The dissapointment should drive investors towards the cryptocurrency market. Chu's final reason is the upcoming Bitcoin reward halving. The halving is predicted to happen around May 22 and has usually increased prices by double digit precentages.
Tags: Bitcoin,Cryptocurrency,Jehan Chu,Kenetic
Link: Kenetic Capital Co-Founder Predicts Bitcoin To Reach $30,000 Before End Of 2019 [Copy]
