In 2021, the price of the first cryptocurrency will reach $ 160,000, said Alex Mashinsky, head of the Celsius Network cryptocurrency lending service. Cointelegraph reports.
Mashinsky stressed that the cryptoindustry “has not yet seen highs in 2021.” He also recalled his forecast of the correction and associated it with the too rapid growth in the rate of digital gold.
“You can watch my tweets in March and February, which says, ‘We are in for a crash and a correction.’ I predicted $ 30,000. Bitcoin is like spring – we stretch it too much and invest a lot of leverage, ”Mashinsky explained.
The head of the Celsius Network added that Elon Musk does not help the crypto industry with his tweets, but rather manipulates the market. He also called Tesla’s head a “tourist” in digital assets.
“If the richest guy in the world is willing to exchange Tesla for Bitcoin, you have to wonder who will make a good deal? The minute you buy a Tesla, it will cost less than you paid for it, but Bitcoin will continue to rise in value. So this transaction is beneficial to Ilon, but not to you, ”Mashinsky said.
In June, the Celsius Network announced it was investing over $ 200 million in Bitcoin mining in North America.
Earlier, the author of the bestselling Rich Dad Poor Dad and entrepreneur Robert Kiyosaki predicted “the biggest crash in world history” and predicted the fall in the price of the first cryptocurrency to $ 24,000.
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