Bitcoin,I believe, may well hit record highs of $100,000 by the end of this year due to five key issues fuelling momentum.
At the end of last week Bitcoin rose close to 10.8% to hit $47,800 on Saturday. I said last month that we can fully expect the world’s largest cryptocurrency to hit, or perhaps even exceed, its mid-April record high of $65,000 by the end of this year. Yet now I think if the current price momentum carries on, we may see Bitcoin hit the $100,000 mark.
To my Read More
The price of Bitcoin has pulled back slightly after reaching record highs of over $61,000 earlier in March.
Since the rally got underway in October, Bitcoin’s price is up almost 500%.
Yet, as I was quoted by the Daily Mail, amongst other media, this a drop in the price will spark a rise in institutional investment, which will permanently drive up the price.
Indeed, for the past five months, the world’s largest cryptocurrency has enjoyed an impressive Read More
The price of Bitcoin will hit at least $10,000, even before the halving event takes place on May 11.
On Thursday, the price of the world’s largest cryptocurrency skyrocketed by more than $1,500, driving it to the highest value seen since February. The price peaked at $9,400.
This surge precedes the highly awaited Bitcoin halving event getting underway this month. This event takes place every four years and means that less and less Bitcoin – which is capped at 21 million Read More