Throughout 2021, there’s been a number of people who have said they expect bitcoin to reach $100K by the end of this year. More recently, the six-digit bitcoin price prediction continues as people now say that a sudden jump to $ 100,000 “doesn’t seem so far-fetched.”
The Probability of Bitcoin Hitting $100K — ‘Don’t Rule It Out’
Many bitcoin speculators and investors believe the road to $100K is not only probable, but guaranteed. Bitcoin.com News has covered many individuals, experts, analysts and advisers this year who have stated that bitcoin (BTC) will likely hit the six-figure price range by the end of the year.
As the leading crypto asset, in terms of market capitalization, hovers above the $60K zone, many still believe the $100K target is inevitable. Financial institution Standard Chartered predicted in early September that the value of BTC could reach $ 100,000 by the end of the year or early 2022.
The web portal investing.com recently discussed whether or not BTC reaching six-digits per unit is possible. Meanwhile, Yahoo Finance contributor Javier David, an editor “focused on markets and economics” explained on October 21 that “suddenly, a jump from bitcoin to $ 100,000 doesn’t seem so far-fetched.” David said “bitcoin ‘hodlers’ are looking awfully prescient these days,” and as far as BTC hitting $100K is concerned, the editor says “don’t rule it out.” David’s Yahoo Finance editorial adds:
It’s hard to deny that the burgeoning ETF boom is a milestone in the reluctant but growing acceptance of bitcoin. Is $100,000 — or even higher — the next stop? Don’t rule it out.
Bitcoin more likely to reach six digits than $ 40,000
On Twitter, the official Twitter account of the Mmcrypto Youtube channel noted October 23:
It’s much more likely for bitcoin to hit $100K this year [than] $40K.
On October 27, Dennis Porter tweeted: “I can’t believe it, but bitcoin is on sale today. 12% discount on ATH. Maybe last chance at these prices before $100K.” Last Tuesday, the creator of the Stock-to-Flow (S2F) bitcoin price model, Plan B, told his 1.2 million Twitter followers that the “bitcoin bull market, 2nd leg has started.”
Wallstreetbets Founder Jaime Rogozinski Predicts $ 100,000 by Year End – S2F Author Gives Laura Shin Soil Forecast
In an interview with Blockworks, Wallstreetbets (WSB) founder Jaime Rogozinski said infamous Jordan Belfort asked him last March where the WSB founder envisions the price of BTC by the end of 2021. “I told him. said $ 100,000 by the end of this year. Rogozinski explained in his recent interview.
It seems quite a lot of crypto enthusiasts have the six-digit price range for BTC on the top of their heads. On October 23, the popular host of the Unchained podcast, Laura Shin, spoke about six-figure prices with the author of S2F Plan B. The S2F author told Shin his “bitcoin price floor predictions for November ($98K) and December ($135K).”
