Will Bitcoin Rise to $ 100,000, or What Do Community Representatives Say

Bitcoin's return to levels above $10,000 has attracted increased attention from the community - after overcoming itAt the psychological level, many are positive and expect the first cryptocurrency to continue to grow.

Thus, partner of the investment company Morgan Creek DigitalAnthony Pomplianostated that he still expects that by the endIn 2021, the price of Bitcoin will rise to $100,000. The main factors that will push the price to such levels are limited supply in combination with increased demand.

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The fact that the upcoming bitcoin halving in May will be a very important event for the first cryptocurrency and increase its price many times - with a goal of $ 100,000, Pompliano said back in December 2019.

CEO BitMEXArthur Hayesis also positive and sees only one way: up

“Slowly but surely we are winning the race. For starters, let's go up to $ 20,000, "&#8212; he wrote.

Trader and analystWillie Woomeanwhile, said that behind today's breakout is "fundamental investor activity" supporting price movements.

Host of a famous Youtube channelIvanOnTechcongratulated everyone who survived two years of crypto winter:

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George Kikvadzefrom the Bitfury company did not miss the opportunity to troll the famous cryptocurrency skeptic Peter Schiff, who has repeatedly stated that Bitcoin is inferior to gold in all its characteristics.

“Since the beginning of the year, bitcoin has grown by 40% against a 3% growth in gold. Peter Schiff's clients should be grateful to him for comments on technology that he does not understand. It cost them huge profits. ”

Another well-known member of the communityhodlonautmade a very bold prediction:

“Just woke up. Time for predictions. We will never see Bitcoin below $ 10,000 again. ”

Whether this prediction will come true, time will tell.

Recall that Bitcoin reached its new annual maximum above $ 10,000 in the early hours of Sunday, February 9th.