Anthony Pompliano Makes The Case For A $100,000 Bitcoin Price By End Of 2021

[sirty143]

As the coronavirus pandemic continues overcasting the markets, the co-founder and partner at Morgan Creek Digital Anthony Pompliano believes bitcoin stands to benefit most due to a confluence of several factors. In a recent episode of Tech with Catalina, Pompliano shared his views on the whipsawed economy and how long it will take before recovery... See more for yourself here.

Your opinion is greatly appreciated.

[Alcor]

This is certainly not John McAfee's prediction of a $ 1 million bitcoin price by the end of this year. However, from the current position of the bitcoin price, such a price breakout in one year still seems fantastic. Events for the growth of bitcoin are developing quite favorably, however, such an increase so far only on charts and diagrams.
Of course, I would like to see what will happen to the price of our altcoins when the price of bitcoin rises to one hundred thousand dollars.

[Noverteno]

This opinion is expressed by many based on the previous behavior of the bitcoin price during the year after the next halving. Moreover, they even predict the price of bitcoin up to $ 340,000. The main thing here is not only to rise to such price heights, but also to stay there for a long time. The previous time, Bitcoin skyrocketed to $ 20,000 and then immediately dropped to $ 6,000. This caused severe turmoil in the cryptocurrency market and  the onset of the bear market for two whole years. At the same time, the price of altcoins fell by 90-95 percent. I would not like to repeat this path.

[TomPluz]

Anthony Pompliano is one of the most important supporters of Bitcoin and many people are listening to many things this man can be saying especially on predicting the future price of Bitcoin. One thing for sure is that this is just a prediction and nobody can be sure what can happen in the future. The best thing to do is just HOLD and never blink as soon we can be able to see BTC really reach a million dollar.

[Blaze]

$100,000 may indeed be possible but it has to have very strong support and of course it must require a lot of capital because otherwise it will be very difficult to go up.

[Senin]

$100,000 may indeed be possible but it has to have very strong support and of course it must require a lot of capital because otherwise it will be very difficult to go up.

On the charts, the rise in the price of bitcoin in April was regarded by many as a continuous price increase right up to the end of the year. However, the charts and charts could not take into account the negative statement by Elon Musk about bitcoin and the actions of the Chinese government to prohibit its mining, which, as a result, prematurely collapsed this market.
From the current point of view, when the price of bitcoin has been in the range of $ 30,000 - $ 40,000 for a long time, it is hardly possible to agree with Anthony Pompliano's opinion that by the end of the year we will see a bitcoin price of one hundred thousand dollars. It would be nice if bitcoin slightly surpassed its latest price record by the end of the year and climbed to at least $ 70,000.