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/I have to say I was in the positive and likely to see Bitcoin reaches $100k but the question is how long we have to wait for that coz this year isn't that quite not achievable. I hope I was wrong but I don't want to disappoint myself expecting that it comes so fast coz we probably know how the market changes and since the dump is really existing.
But I'm not sure if this will give excitement to the community because it technically adding risk at the moment when the price reaching high. And for me, I don't want to risk either but to wait it dumps.