BTC Could Hit $20,000 Already in 2019, Believes BitPay Top Exec
Sonny Singh, COO of the global crypto processing center BitPay, is sure that Bitcoin can finish next year at $15,000-20,000. Institutional investors should help cryptocurrency in this task.
Sonny Singh said in an interview with Bloomberg that next year large institutional financial magnates like Fidelity and Intercontinental Exchange should enter the cryptocurrency market with innovative products.
Due to this, the price of BTC can jump to $15,000-20,000 by the end of 2019.
Moreover, next year the structure of the cryptocurrency market should change, as industry giants like Coinbase and Silvergate are preparing for an IPO. As a result, Singh is sure that next year will be an “breathtaking” moment for the crypto community.