Phillip Nunn’s Bitcoin Price Prediction: BTC Will Rise To $60,000

2018 has been the most unfortunate year for cryptos. Bitcoin fell the hardest last year and lost more than half of its highest value. All of this happened in a very brief period of time.

At the beginning of 2018, there were a lot of crypto experts which said that Bitcoin would see an all-time high by the end of the year – BTC was expected to triple its value, but it seems that this did not happen after all. Regardless of the market’s fall, BTC is still likely to surge as high as $60,000.

Phillip Nunn’s price prediction for BTC

Phillip Nunn is a very popular crypto expert, and he predicted a while ago that BTC’s price would fall as low as $6,000 and then rise to $60,000.

Despite all the negative trend in the crypto market, Nunn stands by his prediction and insists that Bitcoin will be driven by the blockchain to a totally new level.

Here’s what the man said during an interview with Business Could:

“The truth is that we are moving from depending on the internet of information to depending on the internet of value. Everything will be disrupted from record-keeping, financial issues, to legal issues. This is why I will continue to stand by my prediction,” Smartereum reports.

The crypto expert seems more than convinced that his high volume prediction is possible due to the high volatility of the market.

The Winklevoss BTC prediction

Not too long ago, there’s been another bold BTC prediction.

During an AMA session on Reddit, crypto mogul Tyler Winklevoss said that BTC is walking the right path to surpass the market cap of gold which is currently around $7 trillion.

“Our thesis around Bitcoin’s upside remains unchanged. We believe Bitcoin is better at being gold than gold. If we’re right, then over time the market cap of Bitcoin will surpass the ~$7 trillion market cap of gold,” he wrote.

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