This Sunday the price of bitcoin has reached $ 10,000, thus breaking its key psychological level. For many experts this figure represents just the beginning of a high rise of the cryptoactive.
Anthony Pompliano, co-founder and partner of Morgan Creek Digital, he believes that the price of bitcoin can reach $ 100,000 by the end of 2021 due to limited supply and increased demand.
“Bitcoin has just reached $ 10,000. I still think that bitcoin will reach $ 100,000 by the end of December 2021. Fixed supply. Increase in demand. Time will tell,” Pompliano said.
Since 2010, bitcoin has shown high price volatility, stimulating a constant debate about the deep reasons that lead economic agents to be interested in it. The majority of the public, in the short term, has seen bitcoin as an alternative for speculation.
For this reason, many people have converted their shares, fiat currency and assets into bitcoin, with the aim of seeking a safe scenario.
K.Villarroel
Source: cointelegraph
