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Throughout 2021, thereâs been a number of people who have said they expect bitcoin to reach $100K by the end of this year. In more recent times, the six-digit bitcoin price forecasts continue as people are now saying a sudden move to $100K âdoesnât seem so far-fetched.â
Many bitcoin speculators and investors believe the road to $100K is not only probable, but guaranteed. Bitcoin.com News has covered numerous individuals, experts, analysts, and advisors this year that have said bitcoin (BTC) is likely to reach the six-digit price range by the yearâs end.
As the leading crypto asset, in terms of market capitalization, hovers above the $60K zone, many still believe the $100K target is inevitable. The financial institution Standard Chartered predicted at the beginning of September that BTCâs value could reach $100K by the end of the year or early 2022.
The web portal investing.com recently discussed whether or not BTC reaching six-digits per unit is possible. Meanwhile, Yahoo Finance contributor, Javier David, an editor âfocused on markets and the economyâ explained on October 21, that âsuddenly, a bitcoin move to $100K doesnât seem so farfetched.â David said âbitcoin âhodlersâ are looking awfully prescient these days,â and as far as BTC hitting $100K is concerned, the editor says âdonât rule it out.â Davidâs Yahoo Finance editorial adds:
Itâs hard to deny that the nascent ETF boom is a milestone in bitcoinâs grudging yet growing acceptance. Is $100,000 â or even higher â the next stop? Donât rule it out.
On Twitter, the Youtube channel Mmcryptoâs official Twitter account said on October 23:
Itâs much more likely for bitcoin to hit $100K this year [than] $40K.
On October 27, Dennis Porter tweeted: âI canât believe it, but bitcoin is on sale today. 12% off from ATH. Maybe last chance at these prices before $100K.â Last Tuesday, the creator of the Stock-to-Flow (S2F) bitcoin price model, Plan B, told his 1.2 million Twitter followers that the âbitcoin bull market, 2nd leg has started.â
In an interview with Blockworks, Wallstreetbets (WSB) founder Jaime Rogozinski said that the infamous Jordan Belfort asked him this past March where the WSB founder envisioned BTCâs price leading to by the end of 2021. âI told him $100,000 by the end of this year,â Rogozinski explained in his recent interview.
It seems quite a lot of crypto enthusiasts have the six-digit price range for BTC on the top of their heads. On October 23, the popular host of the Unchained podcast, Laura Shin, talked about six-digit prices with the S2F author Plan B. The S2F author told Shin his âbitcoin price floor predictions for November ($98K) and December ($135K).â
What do you think about bitcoin (BTC) hitting $100K by the yearâs end? Let us know what you think about these predictions in the comments section below.
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