John McAfee Doubles Down on $1M 2020 Price Prediction for Bitcoin

American entrepreneur and vocal crypto advocate John McAfee has doubled down on his $1 million by 2020 prediction for Bitcoin (BTC).

Taking stock of community sentiment in light of Bitcoin’s recent price fluctuations, McAfee wrote on July 15 that he was “laughing his f—— ass off” at the seemingly overblown negativity:

“Bitcoin is at the mid 10’s and people worry. LMFAO!! Why do you pay attention to weekly fluctuations? Look at the past few months FFS! It’s rising drastically. I’m still positive about my $1 mil BTC price by the end of 2020. Alt coins like MTC and Apollo will rise ten times more.”

As of press time, Bitcoin has indeed lost a round 9% on the week — almost 4% on the day — according to Cointelegraph’s Bitcoin Price Index, and is trading just north of $10,300. 

Yet on the month, the coin’s chart shows a 23% gain — and caps a 100% gain over the three-month period to press time.

Bitcoin 3-month price chart. Source: Cointelegraph Bitcoin Price Index

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