it's possible for Bitcoin to reach 100k or more where we currently in 2021 have seen 2 new Bitcoin ATHs which are only a few months apart. with the increasing volume of Bitcoin trading and also if you look at the current price which after reaching ATH it doesn't go down too deep I really believe in 2022 we will see Bitcoin priced at more than 100k
The price of Bitcoin had plunged nearly 20% two weeks ago. Not only Bitcoin, Ethereum also suffered the same fate where the alternative digital coin (altcoin) collapsed by 15% two weeks ago.
But last week, the correction for Bitcoin and Ethereum tended to decrease, although in Ethereum the correction was still quite large, which was around 4%, while Bitcoin had decreased considerably, which was in the range of 0.1%.
One analyst believes that the United States (US) government will legally accept Bitcoin by 2022. He also predicts that the Bitcoin price will appear to be on an upward trajectory of US$100,000.