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Start-up Exec Says His Call For $60,000 #Bitcoin (BTC) Is Still Possible This Year

Julian Hosp, co-founder of TenX, sees bitcoin potentially hitting $60,000 even though the cryptocurrency is trading some 67 percent below its near-$20,000 December highs. Major cryptocurrencies may be off their December highs on the price front, but developments on the regulatory and infrastructure front continue to move ahead.That's leading some in the space to remain relatively bullish on prices."Back then, December, price was at $20,000 all-time high. I predicted for 2018, we're going to see $5,000 and $60,000. So $5,000, we pretty much hit it, so let's see if we can do the $60,000. I'm still quite confident," Julian Hosp, president and co-founder of crypto wallet and card start-up TenX, told CNBC's Akiko Fujita at the RISE tech conference in Hong Kong. Bitcoin (BTC) is down 5.50% over the past 24 hours and is currently trading at $6,363.63 on Coinbase. Read more...


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