Bitcoin will reach $ 100,000 .. Optimistic forecasts

Michael Gronager, CEO of cryptocurrency research firm Chainalysis, predicted that Bitcoin will hit $ 100,000 by the end of quest’year.

In the comments made by Gronager’s An interview with “Bloomberg” talks about the sales trend of the “Bitcoin” cryptocurrency The start of the summer as a period of consolidation coincided with network improvements and other beneficial upgrades in the whole cryptocurrency landscape.

“In a bear market, a lot of interesting things have been built and that basically facilitates a new bull market,” he said.

He expressed renewed conviction in a previous belief that “we still are in a bull market and I think we could see more than $ 100,000 by the end of the year. “

He added: “For most cryptocurrencies like Bitcoin and Ethereum – the most stable – we just have to see this trend, where they grow each year. in year. Sometimes they grow faster than others. “

Read More About: Business News

Leave a Reply