{"id":13773,"date":"2021-10-30T21:54:28","date_gmt":"2021-10-30T21:54:28","guid":{"rendered":"https:\/\/www.buyucoin.com\/crypto-labs\/finance-author-says-100k-bitcoin-prices-not-so-far-fetched-dont-rule-it-out\/"},"modified":"2021-10-30T21:54:28","modified_gmt":"2021-10-30T21:54:28","slug":"finance-author-says-100k-bitcoin-prices-not-so-far-fetched-dont-rule-it-out","status":"publish","type":"post","link":"https:\/\/www.buyucoin.com\/crypto-labs\/finance-author-says-100k-bitcoin-prices-not-so-far-fetched-dont-rule-it-out\/","title":{"rendered":"Finance Author Says $100K Bitcoin Prices Not \u2018So Far-Fetched \u2014 Don\u2019t Rule It Out\u2019"},"content":{"rendered":"

Throughout 2021, there\u2019s been a number of people who have said they expect bitcoin to reach $100K by the end of this year. In more recent times, the six-digit bitcoin price forecasts continue as people are now saying a sudden move to $100K \u201cdoesn\u2019t seem so far-fetched.\u201d<\/strong><\/p>\n

The Probability of Bitcoin Hitting $100K \u2014<\/span> \u2018Don\u2019t Rule It Out\u2019<\/h2>\n

Many bitcoin speculators and investors believe the road to $100K is not only probable, but guaranteed. Bitcoin.com News has covered numerous individuals<\/a>, experts<\/a>, analysts<\/a>, and advisors<\/a> this year that have said bitcoin (BTC<\/a>) is likely to reach the six-digit price range by the year\u2019s end.<\/p>\n

As the leading crypto asset, in terms of market capitalization, hovers above the $60K zone, many still believe the $100K target is inevitable. The financial institution Standard Chartered predicted<\/a> at the beginning of September that BTC<\/a>\u2019s value could reach $100K by the end of the year or early 2022.<\/p>\n

The web portal investing.com recently discussed<\/a> whether or not BTC<\/a> reaching six-digits per unit is possible. Meanwhile, Yahoo Finance contributor, Javier David, an editor \u201cfocused on markets and the economy\u201d explained<\/a> on October 21, that \u201csuddenly, a bitcoin move to $100K doesn\u2019t seem so farfetched.\u201d David said \u201cbitcoin \u2018hodlers<\/a>\u2019 are looking awfully prescient these days,\u201d and as far as BTC<\/a> hitting $100K is concerned, the editor says \u201cdon\u2019t rule it out.\u201d David\u2019s Yahoo Finance editorial adds:<\/p>\n

It\u2019s hard to deny that the nascent ETF boom is a milestone in bitcoin\u2019s grudging yet growing acceptance. Is $100,000 \u2014 or even higher \u2014 the next stop? Don\u2019t rule it out.<\/p>\n

Bitcoin More Likely to Reach Six-Digits Than $40K<\/h2>\n

On Twitter, the Youtube channel Mmcrypto<\/a>\u2019s official Twitter account said<\/a> on October 23:<\/p>\n

It\u2019s much more likely for bitcoin to hit $100K this year [than] $40K.<\/p>\n

On October 27, Dennis Porter tweeted<\/a>: \u201cI can\u2019t believe it, but bitcoin is on sale today. 12% off from ATH. Maybe last chance at these prices before $100K.\u201d Last Tuesday, the creator of the Stock-to-Flow (S2F) bitcoin price model, Plan B, told<\/a> his 1.2 million Twitter followers that the \u201cbitcoin bull market, 2nd leg has started.\u201d<\/p>\n

Wallstreetbets Founder Jaime Rogozinski Predicts $100K by the Year\u2019s End \u2014 S2F Author Gives \u2018Floor Predictions to Laura Shin<\/h2>\n

In an interview<\/a> with Blockworks, Wallstreetbets (WSB) founder Jaime Rogozinski<\/a> said that the infamous Jordan Belfort<\/a> asked him this past March where the WSB founder envisioned BTC<\/a>\u2019s price leading to by the end of 2021. \u201cI told him $100,000 by the end of this year,\u201d Rogozinski explained in his recent interview.<\/p>\n

It seems quite a lot of crypto enthusiasts have the six-digit price range for BTC<\/a> on the top of their heads. On October 23, the popular host of the Unchained<\/a> podcast, Laura Shin<\/a>, talked about six-digit prices with the S2F author Plan B. The S2F author told<\/a> Shin his \u201cbitcoin price floor predictions for November ($98K) and December ($135K).\u201d<\/p>\n

What do you think about bitcoin (BTC<\/a>) hitting $100K by the year\u2019s end? Let us know what you think about these predictions in the comments section below.<\/strong><\/em><\/p>\n

Bitcoin News
\nMarket Updates, $100K, advisors, Analysts, Bitcoin, Bitcoin (BTC), BTC, Crypto, Crypto Prices, Dennis Porter, experts, individuals, Jaime Rogozinski, Javier David, jordan belfort, Laura Shin, Markets, markets and prices, Markets Update, Mmcrypto, Prices, S2F Author, six-digit price range, Standard Chartered, Unchained podcast, Wallstreetbets founder, WSB, Yahoo! Finance<\/p>\n","protected":false},"excerpt":{"rendered":"

Throughout 2021, there\u2019s been a number of people who have said they expect bitcoin to reach $100K by the end of this year. In more recent times, the six-digit bitcoin price forecasts continue as people are now saying a sudden move to $100K \u201cdoesn\u2019t seem so far-fetched.\u201d The Probability of Bitcoin Hitting $100K \u2014 \u2018Don\u2019t…<\/p>\n","protected":false},"author":0,"featured_media":13774,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[53,3],"tags":[],"class_list":["post-13773","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blockchain-news","category-coin-news"],"_links":{"self":[{"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/posts\/13773"}],"collection":[{"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/comments?post=13773"}],"version-history":[{"count":0,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/posts\/13773\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/media\/13774"}],"wp:attachment":[{"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/media?parent=13773"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/categories?post=13773"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/tags?post=13773"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}