Author Topic: $90M Daily? What Would It Mean to Sustain Bitcoin Price at $100,000 (Read 2303 times)

Nostoman · « **on:** June 06, 2020, 04:41:17 PM »

The price of Bitcoin can reach $100,000 and remain stable there if $90 million worth of BTC is absorbed every day.
Industry executives and famed technical analysts including Morgan Creek CEO Mark Yusko and trader Peter Brandt predict Bitcoin (BTC) to reach $100,000 in the long-term. For that to happen, the top cryptocurrency needs to see consistent accumulation.

According to options trader Theta Seek, for the price of Bitcoin to remain stable at that price point, investors need to invest $90 million in BTC every day.
Source: https://cointelegraph.com/news/90m-daily-what-would-it-mean-to-sustain-bitcoin-price-at-100-000

Altcoins Talks - Cryptocurrency Forum · « **on:** June 06, 2020, 04:41:17 PM »

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Author Topic: $90M Daily? What Would It Mean to Sustain Bitcoin Price at $100,000 (Read 2303 times)

Nostoman

$90M Daily? What Would It Mean to Sustain Bitcoin Price at $100,000

Altcoins Talks - Cryptocurrency Forum

$90M Daily? What Would It Mean to Sustain Bitcoin Price at $100,000