Phillip Nunn, CEO of The Blackmore Group and Wealth Chain Group, piqued the interest of the cryptocurrency and investing communities in January of this year when he made a prediction that the price of Bitcoin, in the year of 2018, would reach a bottom of $6,000 and a high of $60,000.
The first half of Nunn’s prediction came true in the first week of February when the price of Bitcoin briefly fell below $6000. Now, many are becoming skeptical that Bitcoin will be able to return to its $20,000 all-time high in 2018, let alone come anywhere close to $60,000.
Nunn remains confident, however, citing his unwavering belief in the underlying blockchain technology as the vehicle that will take Bitcoin and others to new highs in the coming years. -bitcoinist With less than six months left in the year, do you believe Phillip Nunn’s prediction will become reality? Let us know in a few words!