Throughout 2021, there have been several people who have said that they expect Bitcoin to hit $ 100K by the end of this year. In more recent times, six-digit bitcoin price forecasts continue as people now say that a sudden move to $ 100K "doesn't seem so far-fetched."
The probability of Bitcoin reaching $ 100,000 - 'Don't rule it out'
Many bitcoin speculators and investors believe that the path to $ 100K is not only likely, but guaranteed. Bitcoin.com News has covered numerous individuals, experts, analysts, and advisers this year what have they said bitcoinBTC) is likely to hit the six-digit price range by the end of the year.
As the top crypto asset, in terms of market cap, sits above the $ 60K zone, many still believe that the $ 100K target is unavoidable. Standard Chartered Financial Institution foretold at the beginning of September that BTCThe value could reach $ 100,000 by the end of the year or early 2022.
The web portal investing.com recently discussed Yes or no BTC it is possible to reach six digits per unit. Meanwhile, Yahoo Finance contributor Javier David, an editor "focused on markets and economics" explained on October 21, that "suddenly a bitcoin switch to $ 100K doesn't seem so far-fetched." David said "bitcoin"hodlers"They look terribly prophetic these days," and as far as BTC If you're concerned about $ 100,000, the publisher says "don't discount it." David's editorial at Yahoo Finance adds:
It's hard to deny that the nascent ETF boom is a milestone in the grudging but growing acceptance of bitcoin. Is it $ 100,000, or even more, the next stop? Don't rule it out.
Bitcoin is more likely to hit six digits than $ 40K
On Twitter, the YouTube channel Mmcryptoofficial Twitter account said October 23:
Bitcoin is much more likely to hit $ 100,000 this year [than] $ 40 thousand.
On October 27, Dennis Porter tweeted: “I can't believe it, but Bitcoin is on sale today. 12% discount from ATH. Maybe it's the last chance with these prices before $ 100,000. "Last Tuesday, the creator of the bitcoin Stock-to-Flow (S2F) pricing model, Plan B, saying his 1.2 million Twitter followers that the "bull market for bitcoin, the second stage has begun."
Wallstreetbets founder Jaime Rogozinski predicts $ 100K by year-end - S2F author gives floor predictions to Laura Shin
In a interview with Blockworks, founder of Wallstreetbets (WSB) Jaime Rogozinski said the infamous Jordan belfort asked him last March where the WSB founder imagined BTCThe price will come in late 2021. "I told him $ 100,000 at the end of this year," explained Rogozinski in his recent interview.
It seems that many crypto enthusiasts have the six-digit price range for BTC on top of their heads. On October 23, the popular presenter of the Unchained podcast, Laura shin, discussed six-digit pricing with the author of S2F Plan B. The author of S2F saying Shin his "bitcoin minimum price predictions for November ($ 98K) and December ($ 135K)".
What do you think about bitcoin (BTC) reaching $ 100K by the end of the year? Let us know what you think about these predictions in the comment section below.
Image credits: Shutterstock, Pixabay, Wiki Commons
Disclaimer: This article is for informational purposes only. It is not an offer or direct solicitation of an offer to buy or sell, nor is it a recommendation or endorsement of any product, service or company. Bitcoin.com does not provide investment, tax, legal or accounting advice. Neither the company nor the author are responsible, directly or indirectly, for any damage or loss caused or allegedly caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.
