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Blockchain, cEO Peter Smith who predicted bitcoin prices to hit 500,000 by 2030. Certainly more than early Snapchat investor Jeremy Liew and. Over the last couple months as a Japanese investor, the moves have been nothing less of extraordinary. Those taking short positions have fallen 10 since early this week. The cryptocurrency was just 9 off that mark Thursday morning. Follow us on, telegram or subscribe to our newsletter here. Aurelien Menant, CEO of, gatecoin, said bitcoin could hit 6,000 by years end, amending his earlier 3,000 forecast this year. The correction will only be temporary, said analyst Nicola Duke of Forex Analytix speaking. Since then, the pair has range traded between.04 and.24, spending some time near both. Also read: What bitcoins new price trend means for the ecosystem. A Rally Will Follow, duke expects the fourth wave will see bitcoin stay.8 of the time the second wave lasted.