Why Some Bulls Think Bitcoin Hits $500,000 Over the Coming Years

Bitcoin has undergone a strong rally over the past few weeks and in the past few months. In the past 30 days alone, the coin is up 50%, while since March, the cryptocurrency has gained 350%. Bitcoin seems poised to move higher as the fundamentals of the space continue to align in favor of growth. But how far will the cryptocurrency rally? Can the coin sustain a move far above the previous all-time highs of $20,000? Bitcoin Could Hit $500,000 This Cycle: Winklevoss Twins Explain According to Tyler Winklevoss and Cameron Winklevoss, the twins behind the Gemini crypto exchange, it’s possible Bitcoin moves above its all-time high. In fact, the two are so confident that they recently sat down with TikTok star Bryce Hall to explain their Bitcoin investment thesis. They believe that the coin could undergo a rally above $500,000 per coin in the coming years. This largely comes…

Read the original article here