Craig Wright’s Sister Says Bitcoin (BTC) Price Will Hit $142,000

Where the Australian businessman Craig Wright, who claims to be the real inventor of Bitcoin (BTC), is busy criticizing the world’s first-ever decentralized digital currency, his sister is making bullish predictions for the coin, on the other hand. A few days ago, Craig Steven Wright said in one of the statements that he is the real Satoshi Nakamoto and invented Bitcoin, but now it has become a Ponzi scheme. While on the other hand, his sister says that the major cryptocurrency is poised to hit the milestone of $142k.

Lisa Edwards’ Bold Prediction: BTC Price To Reach $142,000

Lisa Edward, the sister of Craig Wright, has given a bold prediction for Bitcoin, saying that the price value of the top digital asset is going to achieve the milestone of $142,000, and it will happen within the duration of the next few years, she said.

In order to explain her prediction, Edwards shared a chart in a tweet published on February 16 and used the principle of Elliot Waves for elaborating her prediction.

She said that the first target for the digital currency is to hit the $90k mark in the month of May. After that, the flagship cryptocurrency will face a price drop in the month of January 2022, when its price will decrease down to the $55,000 level. Then, the price of BTC will hit its ultimate milestone at $142,000 by the month of March 2023. In between, the cryptocurrency will have to face some corrections too before it achieves this extremely bullish breakout.

Lisa Edwards, however, is not the first person who has given a long-term prediction for Bitcoin. JPMorgan’s analysts also gave a similar prediction saying that BTC’s price value might skyrocket to hit the $146k level in the long-term case scenario. Scott Minerd, the Chief Investment Officer (CIO) at Guggenheim Global, thinks that Bitcoin is likely to break above $400,000 in the long-term. Meanwhile, the first-ranked digital currency is constantly making new records. Earlier on the 16th of February, Bitcoin broke above $50k to record a new all-time high at $50,341 for the first time ever in its history. At the current time, the price of BTC is trading at $49,072 with a positive price increase of 1.93% over the last day. This rally also brought the market value of BTC to $917 billion.  

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