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Bitcoin Is Going To Reach $100k Soon - 2 views

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started by samsonjoe599 on 02 Dec 20
  • samsonjoe599
     
    Anthony Pompliano, co-founder and partner of Morgan Creek Digital stated that bitcoin could potentially reach a price of $100k by next year. In a recent interview, he shared his thoughts on bitcoin and he is as confident as ever in BTC. He said that currency's demand is outweighing its supply which will eventually play into the hands of the asset and it will result in its increased value.

    Though bitcoin's performance this year was lackluster, still its demand is high. One of the reasons that have pushed this demand oversupply is it experienced its third halving in early May.

    On one side he presented his positive opinion towards bitcoin's performance and on another side, he also presented some concerns like if there's a bug introduced in the code and some sort of geopolitical risk.

    It still has to be observed, which turn bitcoin will take. To stay up to date visit

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