Inspite of this downward pressure, bitcoin managed to combat its way back previously mentioned $8000 and used the vast majority of the weekend investing in the vicinity of $8,200.
Do you believe McAfee is right about Bitcoin hitting $50000 in 3 years?
Well, right now the bitcoin and other altcoins have manage to overcome the downward pressure and now they should start a strong rally in the bullish zone soon by this week or by the upcoming week and this bullish move can also be the start of the rally to $50,000 which i think is possible in coming three years because of the rising demand and value of bitcoin.