June 9, 2023

Anthony Pompiliano believes the race to $ 100,000 has begun

Anthony Pompiliano believes the race to $ 100,000 has begun

On February 9, the BTC price broke the $ 10,000 mark. According to Morgan Creek Digital co-founder Anthony Pompiliano, a breakthrough of this level serves as a signal to the start of the race to $ 100,000.

On his twitter, the investor wrote:

Bitcoin has just reached $ 10,000. I still believe that by the end of 2021 it will cost $ 100,000. Limited supply and increased demand will be the main reason.

Bitcoin has all the attributes necessary forsuccess. Many experts call it “digital gold”, since its extraction requires certain efforts and it also has a limited supply. The maximum supply of BTC is 21 million, with 18 million already mined. Halving bitcoin will happen in May this year, and it will significantly slow down the release of the remaining coins.

Recall that recently during an interview witha reporter for the Cointelegraph, two well-known traders and bloggers, The Moon and DataDash, also predicted that the bull race would continue and that the final goal of buyers would be between $ 80,000 and $ 100,000.

According to the materials cointelegraph.com