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?
You missed 1 zero there as McAfee said $500k but he changed that bet and he makes it $1M by 2020, for the current run of the market overall it is impossible to achieve that price of bitcoin it will take tons of corrections, manipulation and price fluctuations before we can reach that price for example as you see last year how bitcoin pump so far and how deeply it dumps right after the ATH.