Claire Wells from Circle: "The price increase of Bitcoin is inevitable"

Claire Wells, the director of legal and business affairs of mobile payment company Circle recently made an optimistic statement about Bitcoin. The price increase of the first cryptocurrency is predetermined, "she said. The digital currency ecosystem is expected to recover from the current crisis.

An uptrend in a bear market

Speaking to the Express newspaper Claire Wells echoes the impending increase in the price of Bitcoin (BTC). The regulation that will come into play very soon is the main reason.

"We are seeing a little less volatility for the moment. Prices are down and trading is down, but I think the price will rise again over the next few months and many people are waiting to see what the regulations think. "

"In addition, a steep price increase is unstoppable," she added, saying:

"I do not want to necessarily put a price tag [...], but I think we're going to see an increase in value and I say it's inevitable. "

Betting big on Bitcoin

Bitcoin is still unbeatable in first place in the ranking of crypto-currencies in terms of market capitalization. Its price is above the $ 6,000 mark, around $ 6,390 at the time of writing. Wells's prediction is similar to that of Tom Lee . He expects the price of Bitcoin to reach $ 25,000 by December and $ 91,000 by March 2020.

Lately, Circle has disclosed how it evaluates digital currencies. 100 employees were hired to expand Poloniex.

What do you think of Wells' statement that an increase in Bitcoin prices is inevitable? Tell us your opinion in the comments section below.