Chinese Billionaire: “Bitcoin Will Be $50,000 in 3 Years”

Zhao Dong, one of the biggest “Bitcoin Billionaires” in China, recently posted on Weibo (also known as the “Chinese Twitter”) to his followers with his optimistic views on the future price of Bitcoin.

Zhao Dong pointed out that despite the cryptocurrency’s decline in low prices, it has tremendous bullish potential and it is an excellent time to invest in Bitcoin (BTC) and be patient.. Zhao Dong stated that this is the right time to persuade people to invest.. It’s bear season right now time to convince people to buy Bitcoin. Truckloaders of money can’t have a very short-term investment mindset. Perhaps the Bitcoin price will continue to drop further and fall as low as 50%.. Still, it will make a spectacular comeback every time it hits a new low.. We can see an efficiency between 100 and 200 percent in 3 years.. ”

Zhao Dong: Bitcoin Will Have At Least $50,000 in 2021

Zhao Dong’s views have a high impact on investors. Mr. Zhao is one of the most important OTC investors in the country, currently ranked fourth in terms of crypto trading volume worldwide. Zhao Dong’s prediction is that he will have full confidence not only in the price recovery, but also in the massive adoption of cryptocurrencies in the near future.. He also agrees with the positive predictions of prominent influential names such as Tom Lee, John McAfee, Tim Draper and Mike Novogratz.

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