Gemini big gun Tyler Winklevoss claims that Bitcoin is fast en route to its next level of USD 15,000 after it hits USD 10,000.
With Bitcoin currently valued at USD 9,713 at time of writing, it looks like the first of these major levels is fast approaching. The other half of the Winklevoss entrepreneurial duo also sees the hallmark digital currency surpassing its all-time high, commenting, “If Bitcoin breaks 10k, you can bet it’s going to break 15k.”
Others agree with the Gemini boss that Bitcoin is still undervalued on the market with Fundstrat Global Advisors senior analyst Tom Lee unsurprisingly bigging up the number one coin, claiming that USD 40,00o by 2020 was not an unrealistic proposition, due to a renewed round of FOMO activity by investors.
Winklevoss didn’t go quite that far but commented, “It’s a cheap asset until it disrupts gold, however, the 2nd time breaking 10k will make it feel more ‘real’ to many people.” He made no mention of the impact that Facebook’s proposed entry to the market may be having on Bitcoin’s current surge, but elsewhere analysts are taking the view that crypto could ride on Facebook’s Libra publicity, at least for a while.
Facebook has been in talks with Winklevoss Twins, according to the Financial Times, which is interesting in itself given that they have been well-known rivals of Facebook’s CEO Mark Zuckerberg and were even involved in a lawsuit against him accusing him of stealing their idea for Facebook itself. Another interesting thought for astronomy lovers if Facebook and Gemini make a match:
“Gemini and Libra are a strange couple, both of them intellectual, floating high above the ground, but different in so many ways. They need to accept each other’s nature completely and be open to each other’s differences if they want to be happy together.”
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