Abra Crypto CEO says Bitcoin will hit $50,000 long term

13 Jul, 2018
by Ryan Boltman
News
Abra Crypto CEO says Bitcoin will hit $50,000 long term

Bill Barhydt, CEO of Abra cryptocurrency services app has come forward stating he believes BTC will hit $50,000 over the long term. 

Barhydt was quoted as saying: "Long term I see Bitcoin at over $50,000 but it’s not realistic to expect it to happen overnight" in an interview with Inverse

Barhydt did not specify what exactly "long-term" represented, but the price prediction remains bullish much like other crypto experts who have also given bullish price predictions for BTC going forward. 

Barhydt believes the prices seen towards the end of 2017 was ambitious and that "we got way ahead of ourselves in December in terms of crypto pricing." 

Abra cryptocurrency services app has seen massive growth over 2018 with the main focus being to help adoption rates in the industry by offering easy-to-use and accessible services. Barhydt's prediction comes after several other crypto experts have added their predictions ranging from $25,000 up to McAfee's $1 million dollar prediction by 2020. 

Bitcoin price predictions remain bullish among crypto experts but in truth no one knows where it will go. 

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Read more about: Bitcoin (BTC)

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