Will Bitcoin See $ 100,000? Here are the Estimates of Analysts, Experts and Redditors - News-Credit-Mortgage-Coin

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Wednesday, September 30, 2020

Will Bitcoin See $ 100,000? Here are the Estimates of Analysts, Experts and Redditors

 



A frequently discussed question on Reddit, "Will Bitcoin reach $ 100,000?" it went viral. Let's see what investors, analysts and traders think about this ...

"Bitcoin price will vary between 6 thousand and 30 thousand dollars for 10 years"
This year, renowned crypto entrepreneurs, along with numerous BTC analysts and traders, shared probabilities or official predictions that the leading cryptocurrency will reach six figures in the next few years. Many Reddit users describe Bitcoin's rise to $ 100,000 as "inevitable". But the basic question is how long it will take Bitcoin to see these prices. Some investors still think that the BTC price remains under whales' control, and the coin is unlikely to see continued growth. A Redditor made the following statement on the subject:

I AM A BTC BULL SINCE THE FIRST DAYS, BUT I ALSO KNOW THAT CONTROL IS INTENSIFIED ON THE HANDS OF WALES WAITING TO MAKE CASH PAYMENTS AT THE RIGHT LEVELS. THEREFORE, I THINK THE PRICE WILL REMAIN AS A CYCLE OF PUMP AND DUMP, VARYING BETWEEN 6 THOUSAND TO 30 THOUSAND US DOLLARS FOR THE NEXT 10 YEARS.

Here are crypto analysts and experts who say that Bitcoin will reach six figures.

Some investors have expressed concern about the depreciation of the dollar and do not know how much BTC they will buy with $ 100,000 when Bitcoin reaches this value. Some Redditors think the price will exceed $ 100,000 depending on adoption, while others predict that BTC will go bankrupt and fall to zero.



In the list of crypto analysts and experts who say that BTC will reach six figures; Pantera Capital founder Dan Morehead, Real Vision CEO and former Goldman Sachs executive Raoul Pal, Morgan Creek Digital co-founder Anthony Pompliano, Kraken CEO Jesse Powell, veteran analyst Tone Vays, popular Youtuber Nicholas Merten, fund management company Three Arrows Capital's managing director is Su Zhu, veteran analyst Dave the Wave, and renowned trader PlanB.

What is the latest in the price of the leading cryptocurrency Bitcoin?

The leading cryptocurrency, Bitcoin, is traded at $ 10,700 with minor losses at the time of writing. The flagship of cryptocurrencies currently has a market capitalization of $ 198.2 billion. At the time of writing, Bitcoin manages a $ 50.6 billion last 24-hour trading volume at market cap.

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