Winklevoss Twins Double Down on $500,000 Bitcoin Call

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Bitcoin has enjoyed an extremely strong rally over the past few months that has brought it from the $10,000 region to $29,000. Since the start of the year, the cryptocurrency is up even more. While many investors are already up on their investment in BTC, there are still expectations of upside on a macro scale. This comes in spite of growing concerns of a short-term correction as the market may have become overheated after surging 100% in just a month’s time. Bitcoin Could Hit $500,000 Tyler Winklevoss of Gemini recently commented on his long-term expectations of Bitcoin’s price action. He doubled down on a prediction that he and his twin brother made, which states that BTC could hit $500,000 in the years ahead. Here’s why the duo, who collectively run the Gemini crypto exchange, think so. In this oft-cited report, the two explained that Bitcoin is likely to be a…

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