Qian Zhimin, the mastermind behind a money laundering case involving 60,000 Bitcoins, predicted seven years ago that BTC would rise to $40,000-$55,000 in 2021.

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PANews reported on November 16th that, according to Caixin.com, a diary entry written by Qian Zhimin between May and July 2018 reveals that she formulated a "six-year plan" for 2018-2023, anchoring almost all major expenditures to Bitcoin. The diary states that in 2018, based on a price of approximately $6,800 per coin, she planned to sell at least 4,000 Bitcoins; in 2019, assuming the price rose to $8,200, she planned to sell no more than 1,500; and in 2020, she further raised her budget to $9,500, betting in her diary that the price would remain between $40,000 and $55,000 per coin long after 2021.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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