Zhao dong

Bitcoin billionaire Zhao Dong expects the BTC price to surge in the near future, while John McAfee has predicted BTC will be worth $1 million by the end of 2020.

One of China’s biggest OTC traders claimed that the sudden jump in bitcoin price does not mark the end of the bear market.

The price of bitcoin surged above $5,000 for the first time in 2019 and many investors now believe that the bull market is coming back. However, that may not be the case.