Bobby Lee predicts BTC will go to $333K if history repeats itself

08 Dec, 2018 | Updated: 08 Dec, 2018
by Arthur Sillers
News
Bobby Lee predicts BTC will go to $333K if history repeats itself

While many in the crypto scene are in shambles over market downturns, Bobby Lee insists that the end is in sight, based on previous boom-bust crypto cycles.

Bobby Lee’s analysis relies on the behavior of the market in the past, which is reasonable but arguable. In this case, if history repeats, then crypto should buy in at the upcoming low of 2,500, and hold on for dear life over the next year and a half to enjoy a meteoric rise to almost $350,000 before normalizing.

This of course, is good news, but no certainty. The crypto market has changed a lot since even the last market cycle, of which there haven’t been many from which to take data from. Bobby Lee also conducted a poll on whether the $2,500 bottom is a reliable bet, and the results were essentially split.


Only time will tell what happens to the Bitcoin market, but crypto enthusiasts can take Lee’s prediction as a positive moment in a notably downtrodden crypto space.

Read more: Social unrest in France: is Bitcoin the answer? Bobby Lee thinks so...

Read more about:Bobby LeeBitcoin (BTC)

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