Post
Topic
Board Speculation
Re: Bloomberg predicting BTC reaching $400K in 2021
by
pilosopotasyo
on 10/04/2021, 22:11:27 UTC
"According to Bloomberg, Bitcoin is replacing gold “more abruptly” than anticipated. Quotes a price potential of $400,000 in 2021."

Forget about the numbers...

This demonstrates how public opinion is generally improving.

Only in December did Bloomberg declare bitcoin to be in a huge bubble.

Bloomberg, welcome to the bubble.

Can we trust Bloomberg with his prediction? obviously, while they are saying back then that Bitcoin is a bubble, they are storing Bitcoin of their own, now that they have stored enough they are making hype on the price, $400k in just a short period of time just doesn't make sense, the more realistic price is $100k and many experts have predicted this level if we are going to based in the current adoption movement