Bitcoin to hit $100k by the end of 2021
February 10, 2020 3:47 pm
On Feb 9, Bitcoin value has exceeded $10K, has reached its highest point since October last year. Recently there is Another benchmark set by Bitcoin by completing 500 million confirmed transactions.
Anthony Pompliano, co-founder & partner at Morgan Creek Digital tweeted on Feb 9. 2020, that due to limited supply and increased demand, Bitcoin’s price can hit $100,000 by the end of 2021.
Crypto analyst Willy Woo also commented on Twitter:
With the wave above $10K, the cryptocurrency’s profits have increased to 41% and its market value has risen to $183 billion. The cryptocurrency is presently up more than $3,500 from the low of $6,425 recorded in Dec 2019. In early January, Bitcoin picked up a bid below $7,000 and has been growing ever since.
Arthur Hayes, Co-Founder & CEO of BitMEX also wrote regarding the future price of the Bitcoin:
“Nothing can stop me, I’m all the way up! Slow and steady wins the race. Let’s take the staircase up to #bitcoin $20k.”