Bitcoin Surging 575% By 2021 Sound Bizarre? This Industry Executive Begs to Differ

Bitcoin (BTC) is off to a great start to 2020, surging over 5% over the past 24-hours after facing some strong selling pressure yesterday. This positive start to the new year comes after the crypto posted a nearly 100% climb in 2019, making it one of the world’s best performing assets last year.One industry executive is now noting that he thinks Bitcoin could see significantly larger gains in 2020, explaining that he believes the crypto could surge as high as $50,000 by the end of the year.Bitcoin Could Surge to $50,000 by EOY, But What Could Catalyze This? Currently, Bitcoin is trading up roughly 5% at its current price of $7,450, which marks a notable climb from its daily lows of $6,800 that were set yesterday when bears attempted to gain firm control over the cryptocurrency markets.

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