Bitcoin hits $40k; $100k is ‘conservative’ next target – Hong Fang doubles down on call

Hong Fang, CEO of OKCoin, doubles down on her $100,000 price call for bitcoin in 2021 owing to adoption from institutional investors and the growing acceptance of bitcoin as a viable store of value.

Fang’s comments come as bitcoin hit $40,000 on Thursday.

“I’m still very bullish on bitcoin for the mid to long-term and I do think that for the next 12 months that $100,000 price point is still achievable,� Fang said.






Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

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