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Veteran Trader Says Bitcoin Could Hit $600,000

Original: Bitcoin Could Go as High as $600,000 in Best-Case Scenario, Veteran Trader Says

A veteran trader has said Bitcoin could rise as high as $600,000 in a best-case scenario, according to a report carried by Benzinga. The forecast implies a dramatic upside from current levels and is the latest in a series of bold long-term price predictions for the cryptocurrency from market commentators. Crypto watchers are weighing the call against Bitcoin's history of extreme volatility and past boom-and-bust cycles.

Why now: Bold six-figure Bitcoin price predictions circulate widely whenever the crypto market is active and investors are debating its next major move.

BitcoinBenzinga

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