Hiptoro
  • Entertainment
    • Celebrities
  • Sports
    • NBA
    • WWE
    • NFL
  • Movies
  • TV Shows
  • Anime
  • Technology
  • Gaming
No Result
View All Result
  • Entertainment
    • Celebrities
  • Sports
    • NBA
    • WWE
    • NFL
  • Movies
  • TV Shows
  • Anime
  • Technology
  • Gaming
No Result
View All Result
Hiptoro
No Result
View All Result

Bitcoin Price to Grow 6844.44% This Year According to Veteran Analyst; $BTC Price to Touch $250,000

by Arjit
7 years ago
in News, Technology
Reading Time: 1 min read
0
Bitcoin Price Prediction Bitcoin Bull Run

Mark Jeffrey was one of the earliest authors to write a book on Bitcoin. He gained major fame following the publication of ‘Bitcoin Explained Simply’. Much has changed since then, except Jeffrey’s belief on $BTC. The author has now made a huge Bitcoin price prediction.

Outline
  • Bitcoin Price Prediction: 1 BTC = $250,000?
  • Bitcoin Price Prediction: Comparing Bitcoin with the Dot Com Boom

Jeffrey believes that in the near future, the price of one Bitcoin would touch $250,000.

Bitcoin Price Prediction Mark Jeffrey
Image: BitcoinMagazine

Bitcoin Price Prediction: 1 BTC = $250,000?

Jeffrey was a Bitcoin bull even before being a Bitcoin bull was a thing. He has a strong knowledge about the subject, having been writing about it for six years now. Jeffrey claims that the price of one $BTC would soon reach $250,000.

Bitcoin Price Prediction BTC 250,000 USD
Image: TheIndependent

This, he claims, is because of Bitcoin reaching the ‘third act’. Commenting on this during the Billion Seconds podcast, Jeffrey said compared Bitcoins with the dot com boom of the 90s and early 2000s.

Bitcoin Price Prediction: Comparing Bitcoin with the Dot Com Boom

Jeffrey claims that the Bitcoin bust of 2018 was the second act. This was the time where people began to be skeptical and even scared about investing in cryptocurrencies. He says that the $BTC boom is a lot like the dot com bubble. However, with Bitcoins, it all happened in a compressed frame of time.

Bitcoin Price Prediction Bitcoin Bull Run
Image: Coindesk

With the second act now behind us, Jeffrey makes the Bitcoin price prediction of 1 BTC = $250,000. Interestingly, he is not the first to make such huge predictions.

In the past we have seen the likes of John McAfee claim that the price of Bitcoin by mid-2020 would be close to $500,000. He then doubled down on it, claiming 1 BTC = $1 Million by end of 2020.

Tags: BitcoinBitcoin BullBitcoin priceBitcoin Price PredictionBTCMark Jeffrey

TRENDING NOW

John Daly

John Daly’s Bio: Early Life, Golf Career, Net Worth

August 25, 2025
Benny Safdie

Benny Safdie’s Bio: Age, Family, Career, Net Worth

August 25, 2025
Julie Bowen

Julie Bowen’s Wiki: Early Life, Movies, TV Shows, Family, Net Worth

August 25, 2025
Denis Dugan

Meet Denis Dugan: Age, Bio, Movies, TV Shows, Family, Net Worth

August 25, 2025
Lavell Crawford

Who Is Lavell Crawford? The Guy Who Played ‘Huell’ In Breaking Bad

August 25, 2025
Maxwell Friedman

Maxwell Friedman’s Age, Bio, Wrestling Career, Net Worth

August 25, 2025
hiptoro logo
  • Contact Us
  • Disclaimer
  • Copyright
  • About Us
  • Write for Us
  • Ethics Policy
  • Fact Checking Policy
  • Terms and Conditions
  • Privacy Policy


© 2023 Hiptoro Private Limited.

No Result
View All Result
  • Entertainment
    • Celebrities
  • Sports
    • NBA
    • WWE
    • NFL
  • Movies
  • TV Shows
  • Anime
  • Technology
  • Gaming