Post
Topic
Board Speculation
Re: Bloomberg predicting BTC reaching $400K in 2021
by
blckhawk
on 11/04/2021, 13:03:50 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.
$400k seems far to reach within this year, I think $100k is more feasible right now. Anyway, can we trust Bloomberg prediction though? especially in predicting price. What more I think is that they are just creating headlines that would attract readers just like a click-bait or something. Of course, they will tell something positive about Bitcoin since it is now in trend or performing better than they can imagine besides, large institutions and prominent people are now venturing with it but once the bear market begins guess what these bubble opinions will once release online once again.