John McAfee has no doubt about Bitcoin’s ability to reach $ 1 million by the end of 2020
Eccentric entrepreneur and active supporter of cryptocurrencies John McAfee has once again confirmed his forecast for the bitcoin rate – the price of cryptocurrency will rise to $ 1 million next year.
Commenting on the doubts of certain members of the cryptocurrency community about the ability of bitcoin to maintain an upward trend amid the decline in the price of cryptocurrency to $ 10,000, McAfee wrote: “Bitcoin is between $ 10,000 and $ 11,000, and people are worried. It’s funny! Why are you looking at weekly fluctuations? Look at the last months! It is growing rapidly. I am still confident in my forecast that the price of bitcoin will reach $ 1 million by the end of 2020 “.
The Crypto Investor’s Greed and Fear Index, meanwhile, fell to 16, which fits the description of “extreme fear.” Last week, the value was 84, and at the end of June it reached an all-time high at around 95.
In a recent interview, McAfee stated that in 10 years “there will be no fiat in the world. Everything will be in cryptocurrency “.
Earlier, the entrepreneur promised that he would eat his own member on the air of central television if his forecast for the bitcoin rate did not come true..
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