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  • Analysts stress that the price of bitcoin will reach $ 100,000 by December

Analysts stress that the price of bitcoin will reach $ 100,000 by December

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  Bitcoin

TL; Fault DR

  • The head of Chainalysis predicts that the price of bitcoin will exceed $ 100,000 by December.
  • Global BTC approval to increase the price of digital currencies from that month to December
  • Bitcoin critic Peter Schiff believes in prediction.

Michael Grunager, CEO of China Cryptography and Block Analytics, Chainalysis, predicts that by December 2021, the price of bitcoin will reach $ 100,000. He is the last major cryptographer to make this prediction.

His Bitcoin price forecast is confirmed by Kraken CEO Jesse Powell. The CEO said in August that the digital currency market was still in its infancy and that Bitcoin would trade more than $ 100,000 by January 2022 or December 2021.

In an interview with Bloomberg on Friday, Michael Grunager also said that the digital currency market is currently on the rise.

The head of Chainalysis said in an interview that at the moment, the digital currency market is still moving.
“I think we’re still in the cattle market. I think we can see over $ 100,000 by the end of the year, so I’ll be bullish on that, too. In the long run, I usually say the moon is a limit. “But we can go beyond that.”

Other analysts had predicted that the price of bitcoin would reach $ 100,000 by December

Outside of Chainalysis and Kraken CEO, analysts such as Kevin Wadsworth of Northstar & Badcharts, Jordan Belfort, also known as Greg Wall Street, Blockstream CEO Adam Back, Florian Grummes, predict that by December, bitcoin It will reach $ 100,000.

Surprisingly, Peter Schiff, a popular Bitcoin critic, also stated that the price of Bitcoin can reach $ 100,000 or $ 1 million.

They all saw a number of reasons for their uptrend against Bitcoin. Belford explained that BTC now “has more buyers than ever before”, and as a result, raises its price to $ 100,000.

As for Adam Back, he said the coin is worth $ 100,000 because it has been universally accepted and the deployment of bitcoin has reached a satisfactory level. So $ 100,000 is imminent.

Bitcoin reaching $ 100,000 has been a topic of debate among cryptocurrencies, with many waiting to cross it. Will it be completed by December?