Post
Topic
Board Bitcoin Discussion
Re: Predicts $100k before end of the year
by
jjdub7
on 22/02/2021, 13:12:32 UTC
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/


These forecasts are not from now, Dan Held, responsible for the growth of the cryptocurrency Kraken, said last year that Bitcoin (BTC) is in a much stronger position with the possibility of jumping to $ 100,000 in 2021.

https://dailyhodl.com/2020/11/08/krakens-dan-held-says-bitcoin-targeting-100000-in-2021-outlines-biggest-threat-to-btc-security/

Judging by what is happening in the first two months of the year, I tend to believe this statement more and more.