John McAfee Just Made Some Bold Predictions for Bitcoin, Bitcoin Private
In a Thursday tweet, John McAfee predicted the market will “turn” before June 12, which was the original date of the planned summit between U.S. President Donald Trump and Kim Jong-un of North Korea. McAfee’s algorithm expects a Korea deal to get signed on that day even as Trump signaled on Thursday for the cancellation of the meeting. Also, according to the post, McAfee expects bitcoin to surpass $15,000 in June before dipping again in July. Bitcoin bottomed below $7,300 on Thursday. It was last seen trading at $7,563. Bitcoin private is expected to hit $200 by the end of July. At the time of writing, BTCP was trading at $25.61, having gained more than 33% over the past 24 hours. According to McAfee, the arrival of institutional money to the cryptocurrency market will spark the next leg of the rally.
