Bitcoin Jumps Back Above $9,000 As Bobby Lee Forecasts “Flippening” Of Gold By 2028

Crytpos have taken a leg higher in recent hours, led by a jump in Litecoin…

Source: Bloomberg

With Bitcoin erasing Friday’s plunge, back above $9,000…

Source: Bloomberg

But, as CoinTelegraph’s William Suberg reports, Bitcoin is set to go much higher as well-known industry figure Bobby Lee expects it to surpass the market cap of gold and could ultimately be worth $1 million.

image courtesy of CoinTelegraph

In a series of tweets on Nov. 10, Lee, who co-founded Chinese cryptocurrency exchange BTCC and now runs a Bitcoin wallet startup, became the latest voice in the expanding debate on Bitcoin versus gold. 

Lee: BTC market cap to hit $8 trillion

Gold’s market cap is $8 trillion, while Bitcoin’s is just $160 billion. While around fifty times lower at present, Lee thinks a reversal could come as soon as 2028.

“I predict…

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