China’s cryptocurrency exchange’s founder, Bobby Lee, has expressed that the Bitcoin price will likely hit two hundred thousand dollars ($200K), albeit in cycles. He believes that Bitcoin price would be experiencing what he called “boom-and-bust days” and crypto assets would make their way to mark. Would the Bitcoin price hit $200k? Crypto enthusiasts have always believed that someday Bitcoin price would be worth the trouble and Bitcoin would turn into a fortune. Previously, various analysts have provided with their predictions; some gave long-term predictions, and some gave short term predictions. Bobby Lee has also joined this league of enthusiastic analysts.
