Altucher was wrong: it seems that Bitcoin will not have time to rise in price to $ 1 million in two days

In two days, by January 1, 2020, the price of Bitcoin should reach $1 million, according to a two-year predictionPrescription of the famous American investor James Altucher. It seems that cryptocurrency does not have time to live up to its expectations.

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Proving his point in 2017, Altuchernoted that there are 15 million millionaires in the world whose financial advisors will soon convince them to invest in the first cryptocurrency. At that time, Bitcoin was trading at $ 11,000, moving towards a historic high of $ 20,000.

Altucher later confirmed his forecast, however, having shifted the deadlines for its execution by 2021-2022.

Now, to reach a price of $ 1 million, an asset needs to add more than 14,000% to its value.

Earlier, a similar forecast was made by the infamous entrepreneur John McAfee. He said that the growth of bitcoin to $ 1 million in 2020 will occur due to the limited offer of cryptocurrency.