Chinese alleged Bitcoin (BTC) billionaire Zhao Dong believes that the crypto spring will only come in 2020. His opinion, shared in a public chat in local messenger WeChat, was cited by Chinese crypto outlet 8BTC on Tuesday, Feb. 12.
When asked about the future of BTC, Zhao Dong recalled the peak of the coin’s popularity in December 2017. In comparison to that time, no one cares about BTC today, he noted, adding that the coin will draw attention again only when its rate reaches “many tens of thousand of dollars” once again.
Zhao Dong is not the only major player to predict crypto market recovery. New York-based research company Fundstrat Global Advisors has recently released a 2019 crypto outlook, wherein the company describes incremental improvements that will purportedly support higher prices for cryptocurrencies.
