Post
Topic
Board Speculation
Re: Predicts $100k before end of the year
by
pilosopotasyo
on 27/02/2021, 23:08:29 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/


Why not even higher if it's about supply and demand McAfee has gone 1 million dollar earlier, that $100k is a moderate forecast, but the supply and demand lies on the adoption, if many institutions continue to buy and investors continue to HODL and not sell everything, expect the moon to come.