WILL BITCOIN HIT 100K? HERE'S WHY IT MIGHT ACTUALLY HAPPEN !
WHEN IT COMES TO BITCOIN, THE QUESTION ON EVERYONE’S MIND IS USUALLY “WILL THE PRICE GO UP?”
Celebrity investors like Chamath Palihapitiya and Mike Novogratz tell anyone who is willing to listen that Bitcoin will inevitably exceed $100,000 per unit in value. Other Bitcoin advocates claim the price is rising “to infinity” — or a global market cap of $100 trillion. It’s a popular message, signaling to people they can get rich merely by buying and holding on to something that banks and governments don’t control for enough time for the price to rise.
Although I generally avoid this topic. I’m not a financial expert, nor a fortune-teller. But it’s time to finally give the people what they want: Will Bitcoin ever hit $100,000? Here’s what you need to know.
THE 411 ON BITCOIN PRICES:
Bitcoin’s price tends to rise in four-year cycles.
Bitcoin’s price varies across different markets.
Bitcoin is an experimental software project, so it is a very risky investment.
Anyone who claims to know any cryptocurrency’s future value is lying, either to you or to themselves.
For More Deatils - inverse.com/innovation/will-bitcoin-hit-100k
NFA ! Thank You !
Celebrity investors like Chamath Palihapitiya and Mike Novogratz tell anyone who is willing to listen that Bitcoin will inevitably exceed $100,000 per unit in value. Other Bitcoin advocates claim the price is rising “to infinity” — or a global market cap of $100 trillion. It’s a popular message, signaling to people they can get rich merely by buying and holding on to something that banks and governments don’t control for enough time for the price to rise.
Although I generally avoid this topic. I’m not a financial expert, nor a fortune-teller. But it’s time to finally give the people what they want: Will Bitcoin ever hit $100,000? Here’s what you need to know.
THE 411 ON BITCOIN PRICES:
Bitcoin’s price tends to rise in four-year cycles.
Bitcoin’s price varies across different markets.
Bitcoin is an experimental software project, so it is a very risky investment.
Anyone who claims to know any cryptocurrency’s future value is lying, either to you or to themselves.
For More Deatils - inverse.com/innovation/will-bitcoin-hit-100k
NFA ! Thank You !
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