Reddit Co-Founder Alexis Ohanian Doubles Down on $20,000 Bitcoin Price Bet

in #crypto6 years ago

Reddit Co-Founder Alexis Ohanian Doubles Down on $20,000 Bitcoin Price Bet

Reddit co-founder Alexis Ohanian has doubled down on his prediction that the bitcoin price will reach $20,000 before the end of the year, arguing that the flagship cryptocurrency is “battle-tested” and capable of weathering market uncertainty.

Ohanian, who now runs venture capital firm Initialized Capital, defended his bitcoin price call in a recent interview with CNBC, adding that he is also standing by his prediction that ethereum can hit $1,500 during the same timeframe.

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