565: BLOOMBERG PREDICTS BITCOIN WILL HIT AT LEAST 6-FIGURES THIS YEAR!! BTC WILL DOMINATE 21ST CENTURY!!
Manage episode 291988285 series 2835096
The Bitcoin post-halving bull run is “tame” compared to previous cycles, according to new analysis from Bloomberg. Per the newsletter, if the BTC price catches up to the pace of 2017, the leading cryptocurrency by market cap will hit at least six-figures this year.
“The 15x price gain in 2017 was about one-third of 2013’s advance. A similar fraction of the 2017 surge would translate to a price just above $100,000 in 2021, and other than Bitcoin’s continued maturation, conditions aren’t much different now.”
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