Bloomberg Analysts Expect Bitcoin Price to Reach $100,000

With a large buying of bitcoin on the exchanges on Friday, the bitcoin price recovered slightly over the weekend and climbed back above $40,000.

Analysts from Kraken exchange, crypto analyst PlanB, Goldman Sachs Group, and Bloomberg have reported that the bitcoin price 100,000 estimated to reach $.

Price 10,000 even when filling 100,000 giving dollar target Bloomberg analysts last year may-july Bitcoin price in the fall in the months 60 thousand dollars probability of going 20 thousand dollars They said it was more than likely.

In the February report by Bloomberg, it was stated that the current levels are low due to the increasing bitcoin adoption. Senior commodity strategist Mike McGlone He said that he thinks these levels are the bottom, according to the movements Bitcoin has shown.

McGlone said, “Bitcoin has these levels rather than a ceiling. to have a bottom more likely and since the beginning of 2021, from top to bottom sub-sell those who can twice 100% to make a profit they succeeded.” said.

Bitcoin, which has been trading between $30,000 and $60,000 for a long time, reached its highest level in 2021. According to the report, the price of constantly hovering between 30,000 and 60,000 will likely end soon. Analysts say that the peak price of $69,000 is as strong as in November 2021. will not create resistance is thinking.

Bloomberg did not give any time for this prediction, but he thinks it will come true thanks to some important events. Some of these events are; The fact that the increasing interest in cryptocurrencies is more than the supply, positive regulations to come in 2022 and the USA’s statement that it will not ban cryptocurrencies.

Making crypto-related videos on YouTube Benjamin Cowen and the President of El Salvador Nayip Bukele He also thinks that the price of bitcoin will reach $100,000 before the end of this year.

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