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Bitcoin hits $40k; $100k is 'conservative' next target - Hong Fang doubles down on call

Kitco News

Hong Fang, CEO of OKCoin, doubles down on her $100,000 price call for bitcoin in 2021 owing to adoption from institutional investors and the growing acceptance of bitcoin as a viable store of value.

Fang’s comments come as bitcoin hit $40,000 on Thursday.

“I’m still very bullish on bitcoin for the mid to long-term and I do think that for the next 12 months that $100,000 price point is still achievable,” Fang said.

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