The former CEO and Co-Founder of the oldest Chinese crypto exchange BTCC, Bobby Lee, is confident that bitcoin (EXANTE: BTC.EXANTE) will likely surpass $500,000 by 2028.
Lee believes that with all of the money printing that’s happening globally, BTC will be over $1 million just within nine years.
At press time, the largest by market cap cryptocurrency is trading at $8765 (-2,52%) according to CoinMarketCap.
Earlier iHodl reported that the Co-Founder and CEO of cryptocurrency exchange Binance, Changpeng Zhao (CZ), said that bitcoin is about to hit the $16,000 mark very soon.
Subscribe to our Telegram channel to stay up to date on the latest crypto and blockchain news.