Bobby Lee’s Bitcoin Prediction: BTC Will Hit $1 Million In Two More Bubbles

Bobby Lee’s bitcoin prediction states that the leading cryptocurrency will eventually hit $1 million. However, there are some predispositions about the price and we are reading all about it in the Bitcoin news now.

The Ballet crypto founder and the former CEO of China’s longest-running crypto exchanges, Bobby Lee predicts that bitcoin will have a lofty gain during the Malta AIBC conference. In a recent interview, Lee announced his new company which creates the latest type of hardware wallets for Bitcoin and crypto investors around the world. According to Bobby Lee’s statement, the decision to launch a physical and non-electronic wallet was inspired by the desire to bring crypto much closer to what the people are already familiar with.

Bobby Lee’s bitcoin prediction is based on the fact that cryptocurrencies in digital form could be a major obstacle to adoption and use. With a hardware wallet, everyone around the world can have a safer place to store their coins. The wallet’s primary coin is Bitcoin but it will also support a number of altcoins as well including XPR, ETH, and DOGE. The wallet will even have its own distinctive smell which aims to stimulate five senses and will also have an anti-counterfeit purpose.

Bobby Lee is also a popular and vocal Bitcoin supporter and self-proclaimed BTC maximalist and he truly believes that the Bitcoin price is still only at a fraction of the value of what it can achieve and will become even bigger in the years to come. He called it a trillion-dollar asset class and he believes that the price will move even further up. As he explained it, the Bitcoin price is moving in waves and each wave is a bubble that can take the coin’s price even further up. He predicted that the next few waves will arrive in the next several years and he could even reach the 0,000 and 0,000 range but possibly to a million.
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Lee claims that each new bubble that happens, takes the Bitcoin price 10-20 times higher than the previous one and he expects the trend to continue. This is why he is very supportive of Bitcoin and advises investing in BTC. This was also one of the reasons that he created a physical wallet for long-term investments.