Davinci Jeremie, an early crypto adopter and host of the davincij15 YouTube channel, predicts that Bitcoin’s price will grow by ten times in the next bull run but warns it could plunge further before then.

“I think we will finally see $100,000…I think we’ll do at least 10x from the bottom,” said Davinci at a November 25 interview with Kitco news. Asked by Kitco’s David Lin if his forecasts then meant that Bitcoin would have to drop to $10,000, he replied that “we will probably see $12,000.”

Jeremie, who is also a crypto influencer, is widely known for his famous quote, “I Told You So” after calling on people to purchase Bitcoin when it was retailing below $1 per unit in 2011. During the interview, he said that his interest in Bitcoin started in March 2011 when one of his subscribers asked him to look at the Bitcoin website. Although he was initially nervous about being scammed, his perspective on the blockchain network changed after digging deeper.

(By Newton Gitonga)