Bitcoin price predictions are very common in the crypto ecosystem. Various analysts forecast BTC’s price for 2021. Specifically, Anthony Pompliano predicted that by 2021, Bitcoin is likely to reach $ 100,000.
“It’s true that my current level of confidence that this will happen is around 70% – 75%.”
In fact, Pompliano confirms that it is ultimately a matter of time before governmental, private, and institutional levels become fully acquainted with the system. What will lead to its general adoption.
He also noted that Bitcoin needs time to grow and build trust.
Anthony Pompliano Predicts Bitcoin Price Will Hit $ 100,000
In particular, Anthony Pompliano, co-founder of Morgan Creek Digital, better known as “The Pomp”, believes that the price of Bitcoin could rise to $ 100,000 by 2021.
In fact, in a recent interview, he reaffirmed his 2019 Bitcoin price prediction: “It’s going to be pretty aggressive. I’m pretty confident in Bitcoin at $ 100,000, by the end of 2021.
Similarly, in November, Pompliano reported on CNBC that demand for Bitcoin was faster than supply. Emphasize: “I don’t think it’s so crazy to see a $ 100,000 Bitcoin price, by the end of 2021.”
And if we keep getting more and more buyers. I wouldn’t be surprised to see something, even over $ 100,000. “
Similarly, on the Ben Askren MMA podcast, Pompliano emailed a $ 100,000 bullish forecast for the price of Bitcoin by the end of 2021. He stressed that he prefers to look at the market through a long-term lens.
Predictions are difficult to make. I am not aiming for 100% accuracy, but getting it right more times than I am wrong. “
Some advice from Anthony Pompliano
“Every morning I write a letter to investors. About business, finance and Bitcoin ».
Every morning I write a letter to more than 94,000 investors about business, finance and Bitcoin.
Many of the world’s largest hedge fund managers and family offices read religiously.
Subscribe to read what the smart money reads: https://t.co/29uk453dzh
– Rest 🌪 (@APompliano) December 12, 2020
It is important to understand a few things as Bitcoin moves toward $ 100,000:
Let’s start with that, this is not investment advice. This is my personal opinion. I suggest you do your own research on Bitcoin. Similarly, Bitcoin is a very volatile asset. The rise in demand for Bitcoin will come from a variety of sources and this will be due to several factors. I recommend dollar cost averages, as the most economical and worthwhile way to invest in Bitcoin.
Naturally, Anthony Pompliano believes that the decline in the supply of Bitcoin, coupled with growing demand from institutional investors, will drive the price of Bitcoin to new highs.
To finish, taking Pompliano’s prediction: Do you think Bitcoin will exceed $ 100,000? Leave us your comments.
I close with this phrase from Anthony Pompliano: “It’s no secret that I’m extremely optimistic about Bitcoin’s future prospects.”
Did you like the content? Share e