Bitcoin price update: Expert reveals when bitcoin will SKY ROCKET to $1 million
BITCOIN might have taken a hit in recent weeks, but one cryptocurrency expert has no doubts that the digital currency will rebound - and then some, as revealed by cryptocurrency expert and CEO Bobby Lee. Bitcoin’s price could hit above $1 million dollars in the next 20 years, Bobby Lee, CEO of China’s first bitcoin exchange said. Speaking exclusively to Express.co.uk at London Blockchain Week, Bobby Lee, the co-founder of BTCC, said: “Bitcoin, I think will get to $1 million per bitcoin. “Right now it’s 10,000, it will go 100,000 and then 200,000, 500,000. “Half a million, that’s going to be a milestone and then eventually it will cross $1 million for bitcoin.” Asked how long it would take to hit the million mark, Lee said: “Within 20 years, really within 20 years.” Bitcoin is a cryptocurrency not controlled by a single administrator and can be used to buy things worldwide electronically. Its popularity has caused demand to skyrocket th...