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Why Bitcoin Could Still Hit $100K This Year - NewsBTC Things To Know Before You Buy


<h1 style="clear:both" id="content-section-0">The Definitive Guide for Standard Chartered Analysts Forecasts Bitcoin Price Hitting<br></h1>
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<p class="p__0">(See also: Bitcoin Rate More Likely $100 Than $100K in a Years: Harvard Economic Expert.) Purchasing cryptocurrencies and Initial Coin Offerings ("ICOs") is highly dangerous and speculative, and this article is not a recommendation by Investopedia or the author to invest in cryptocurrencies or ICOs. Since each individual's scenario is special, a certified expert ought to always be consulted before making any financial decisions.</p>
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<img width="440" src="https://bitcoinlifeclubnews.com/wp-content/uploads/2021/06/bitcoin-100k-300x200.jpeg">
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<p class="p__1">As of the date this post was written, the author owns no cryptocurrencies.</p>
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<p class="p__2">What Goes Down Must Show up While chart watchers question whether Bitcoin's newest motion is the start of a bull run or simply a guppy rally, different people in the monetary world continue to make long-lasting forecasts. One such individual has claimed that the very first and foremost cryptocurrency will not only revisit its all-time high rate of around $20,000 but "quite likely" exceed that mark fivefold.</p>
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<img class="featurable" style="max-height:300px;max-width:400px;" itemprop="image" src="https://cryptoglobe.s3.eu-west-2.amazonaws.com/2020/06/bitcoin_on_100_dollar_bill.jpg" alt="bitcoin: Will Bitcoin touch $100K in 2021? Here's why you should invest now - The Economic Times"><span style="display:none" itemprop="caption">Bitcoin could reach $100K by 2023 - Fidelity's Jurrien Timmer - Seeking Alpha</span>
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<p class="p__3">He told at a current Blockchain Summit: The blockchain will be the way of the future which will be like the internet was to the generation before. Bitcoin will most likely be part of that future in the long term. Will bitcoin return over from its previous high? It will most likely strike $2,000 prior to it hits $20,000.</p>
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<img class="featurable" style="max-height:300px;max-width:400px;" itemprop="image" src="https://www.cryptovibes.com/wp-content/uploads/2021/03/bitcoin-at-100k-612x375.jpg" alt="Analysts Forecast Bitcoin to Hit $100k in 2021, is this a Good Time to Start Buying?"><span style="display:none" itemprop="caption">Bitcoin Price Hit $50K, Now Eyeing $57k BTC Price to Reach This Level By Year-End - Coinpedia - Fintech &amp; Cryptocurreny News Media- Crypto Guide</span>
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<h1 style="clear:both" id="content-section-1">The smart Trick of Bitcoin Roars Back, Putting $100000 Predictions in Vogue Again That Nobody is Discussing<br></h1>
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<p class="p__4">Will it hit $100,000? I believe that's rather likely. While Bitcoin has a hard time to keep prices about $7000, a $100k prediction may seem extravagant. Still, numerous in the cryptocurrency area believe the marketplace is still in its infancy with ongoing developments ultimately set facilitate mainstream adoption. Chambers, however, thinks there's one aspect the majority of individuals neglect when making predictions about cryptocurrency's future.</p>
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<p class="p__5">That's what individuals, I don't think, have actually exercised. They are not creating sufficient cash to make the world go around. The cryptocurrencies are filling that vacuum. Because that's a financial suction going on there and the cryptocurrencies are filling that vacuum. Related Source Here will produce an economic lift. Chambers is not the only economist to make a boldly bullish Bitcoin prediction.</p>
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<p class="p__6">He stated: We could certainly discover a bottom in the $3,000 to $5,000 variety. However we're one positive regulatory decision away, [perhaps] an ETF authorized by the SEC, to climbing through $20,000 and even to $50,000 by the end of the year. Also, Claire Wells, Director of Legal and Company Affairs at mobile payment business Circle, thinks a Bitcoin price increase is "inescapable." Images thanks to Coin, Market, Cap.</p>
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