Michael Spencer View On Bitcoin And Hitting $20,000

NEX Group PLC Chief Executive Officer Michael Spencer believes that Bitcoin can reach $20,000 at record timing “but at some point it is going to go back — a hell of a long way back — down.” as quoted.

As discussed with Bloomberg TV’s Guy Johnson in London on 29 November 2017:

you’ve got no idea if its going to double before it halves.

 

But between now and then, who knows, it could hit $20,000 pretty damn quickly,

Source: Bloomberg