Skybridge capital founder(Anthony Scaramuc) predicts Bitcoin to hit another ATH of $100k before the end of the year
His words in quote were
"I do think we see $100,000 in this coin before year-end … It’s just a supply and demand situation. You don’t have a lot of supply out there and very heavy demand"
And we know total Bitcoin available is 21 million where 78%(14.5 million) of the Bitcoin supply is not liquid leaving 22%(4.2 million) for buying and selling; Which will lead to the higher demand in Bitcoin and according to the skybridge founder low supply high demand keeps Bitcoin rising
Source:
https://news.bitcoin.com/skybridge-capital-predicts-100k-bitcoin-price-this-year-heavy-demand-diminishing-supply/Actually I am thinking if this hype in bitcoin will continue throughout this year and if this hype will last until the end of the year, if this happens there's a lot of possibility that the bitcoin will make a new ath at the price of $100,000 which is really possible especially right now that the bitcoin is nearly to create again a new ath which is $60,000. As what is happening right now that many famous people are continuing the hype of the bitcoin then there is really a chance that it might hit $100k.