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 agree with it but I still doubt that it would happen this year.
The supply is limited and it is gaining too much attention so the demand for it keeps on increasing not to mention rich and big company is jumping in and attracting more investors.