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$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.
It seems like a long way to reach $400k this year but in the crypto world it can happen but for me in one year term with a high price is absolutely impossible.
There are so many predictions that have been published in various news for the latest trends but all of that will be positive if many institutions have become part of the adventurers in crypto, it is not impossible that this year will be the biggest increase even in the following year how can it be But we have to see how many people meet in the future about bitcoin. Will it be the most important asset for him?
Now there are lots of opinions but this is a bit interesting because it raises the hype going on.
We might have seen that it can really move that fast on a very high price but presuming again on hitting $400k for this year is something that cant really be achieved.
Its hard and we do need that full adoption scale speaking of that.
It might reach $400k but it wont really be in 2021.Its just too far and too early to make out those kind of price prediction.Id rather be eyeing on $100k instead.
Looking on the current situation of the market that we do even had a hard time on breaking 60k and if it does then next target will be 70.