Said the Forbes contributor, Bitcoin will reach $ 100,000 in the near future
You will remember that many experts began to predict the rise in Bitcoin even before its flagship cryptocurrency began to recover against the USD. Tom Lee's price prediction and Team Draper's price predictions are both amazing.
Source : kabarcoin.com
However, after this latest recovery, now there seems to be someone who can be trusted. The latest Bitcoin price forecast is from Naeem Aslam, head of market strategy at ThinkMarkets. Aslam said that Bitcoin will soon reach $ 100,000.
According to the Expert, Bitcoin is Prepared to Reach $ 100,000
This estimate of Bitcoin prices like others in the past may be hard to believe. However, keep in mind that Aslam made headlines a moment ago when he said that the price of Bitcoin would reach $ 400,000.
So, Bitcoin will reach $ 100,000, which should not be considered normal anymore. Posted in Forbes, experts say that the pope has invested in the cryptocurrency space for quite a long time now. He also said that many retail investors who fled during the cryptocurrency winter will be back soon.
In his words;
"In short, the steps we have seen today are mainly due to the strong momentum that has been built for some people. As I explained in my last article, smart money is mostly interested in engaging in bearish markets because the risk to the reward ratio is at its peak.
Bitcoin has the potential to drop a $ 100,000 mark and it's only a matter of time when this comes true. I am not saying that banknotes will disappear, but the way the central bank manages monetary policy, in addition to the high level of government debt, will bring a spark to the price of Bitcoin again."
He is not the only expert who has spoken since the recent Bitcoin bull rally. DataDash, the well-known YouTube cryptocurrency analyst said that Bitcoin will reach $ 6000 in the short term but won't break this level. He said that there must be some fundamental improvements in the coming months to ensure that it broke the $ 6000 level.
In his words;
"Unless we have some fundamental developments over the next one or two months, I don't think there is enough news to bring it past $ 6,000. And with [$ 6,000] which is the key support level before, this will be a burden as heavy resistance."
According to him, Bitcoin will only be able to break this resistance at the end of the year when things like institutional investment, clarity of regulations and massive adoption are put in place.