Bobby Lee Defiant Against China, Expects Bitcoin to Hit $100,000 in 2024
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Bobby Lee Defiant Against China, Expects Bitcoin to Hit $100,000 in 2024

THELOGICALINDIAN - Bitcoin China arch controlling Bobby Lee charcoal aggressive in the face of the Chinese government adage that Bitcoin will abide to advance and go up in value

It’s consistently auspicious to appear beyond a being who charcoal unbowed in the face of annealed opposition. One such being is Bobby Lee, the arch controlling of Bitcoin China, the longest-running Bitcoin barter in the apple until it was shut bottomward by the People’s Bank of China. Despite this, Bobby Lee remains defiant adjoin the authorities in China by blockage acutely optimistic on the approaching of Bitcoin.

On the aforementioned day that the People’s Daily, the media aperture for the Communist Party in China, said that cryptocurrency was a bubble, Bobby Lee was adage altered to the Foreign Correspondents Club (FCC).

Lee remained aggressive adjoin Chinese regulators apropos Bitcoin and agilely dedicated the cryptocurrency by stating:

In animosity of China’s actions adjoin basic currency, Lee charcoal acutely optimistic on the approaching of Bitcoin. He told the FCC that Bitcoin would ability a amount of $100,000 in this year and would arise to $150,000 by 2021.

Bitcoin as Safe-Haven and FX Hedge Tests Economic Theories

As for why Bitcoin will abide to go up, Lee says:

Even admitting Bitcoin China is out of the crypto barter business, Lee says that the aggregation has artificial advanced into added areas, such as MOBI and B2B. He assured his animadversion to the FCC by bombastic his dizzying abutment for Bitcoin, admitting what Chinese authorities are accomplishing against crypto, by saying:

What do you anticipate about Bobby Lee continuing durably abaft Bitcoin? Let us apperceive in the comments below.

Images address of Bitcoinist athenaeum and Shutterstock.