The head of BitMEX on CNBC: I still believe that the bitcoin will reach $50 000 by the end of this year

in crypto •  7 years ago 

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The head of the cryptocurrency exchange BitMEX Artur Heyes has said on air of CNBC TV channel that he still believes in rapid growth of bitcoin until the end of 2018. According to him, "digital gold" will make a start from "bottom" in 6000 dollars and will reach in the closest months of value in $50 000. By the way, for Heyes this figure of so real, as well as $6000.

"What can rise in one year prior to $20 000 can be corrected up to $6000. I think, we have definitely groped a bottom, and one positive decision from regulators can raise until the end of the year the price of [bitcoin] to $20 000 or even up to $50 000" — he has said on air of a Fast Money broadcast.

In spite of the fact that in these days off the bitcoin has managed to fall up to 5800 dollars, and many experts predicted his further falling, the main cryptocurrency could get out of the sucking-in descending trend. At the moment it is possible to observe that the positive words CEOS of the cryptocurrency exchange have yielded the results: the bitcoin could reach a point of $6500 at once.

Now the rate of cryptocurrency was corrected and undergoes small decrease. But Artur Heyes doesn't doubt that the bitcoin this year will be able already to break the December records. He explains the position with what in the market considerably will increase soon cryptocurrency investors as interest in digital currencies at the people doesn't vanish, and the liquidity of an asset grows.

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Well, BTC is below 6500 right now, and with the futures market active,I don't think it will reach 50000 USD/coin absent extraordinary events...

Perhaps you are also right, my friend. The cryptomarket - an unpredictable thing, time will tell