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Could Bitcoin Hit $100K?
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Wochit Business
3 views • Nov 25, 2020
Description
Crypto investor Anthony Pompliano said Bitcoin could surge to $100,000 by the end of 2021.
On Wednesday, the co-founder Morgan Creek Digital told CNBC that bitcoin's demand is rapidly exceeding supply.
According to Business Insider the macroeconomic environment of low interest rates is "rocket-fuel" for bitcoin's price.
"I don't think it's that crazy to see a $100,000 bitcoin price by the end of 2021," said Pompliano.
Pompliano said it wouldn't surprise him of the numbers went even higher.
On Wednesday, the co-founder Morgan Creek Digital told CNBC that bitcoin's demand is rapidly exceeding supply.
According to Business Insider the macroeconomic environment of low interest rates is "rocket-fuel" for bitcoin's price.
"I don't think it's that crazy to see a $100,000 bitcoin price by the end of 2021," said Pompliano.
Pompliano said it wouldn't surprise him of the numbers went even higher.
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