As bitcoin has touched new price highs on Thursday nearing the $50k handle, people have been curious as to where the price will go in the future. Meanwhile, despite the gains so far, a number of luminaries, analysts, executives, and proponents from the crypto space believe the leading crypto asset will reach between $60k to six-digits this year.
Mike Novogratz Predicts $100K Bitcoin: ‘Other CFOs and CEOs Are Saying, What Should We Be Doing?’
Satoshi Nakamoto’s invention has gained mass appeal in recent times as the leading digital asset bitcoin (BTC) has reached its highest value ever in 2021. On Thursday morning (EST), BTC spiked to an all-time high (ATH) at $48,697 per unit. Earlier in the morning at around 2 a.m., bitcoin was exchanging hands for $44,485 and saw an 8.98% increase since then. At the time of publication, at 6:30 p.m. (EST) on February 11, 2021, bitcoin (BTC) is swapping for $47,821 per coin.
With BTC so close to the $50k mark, people have been forecasting new price predictions for 2021. Some individuals think that the bull run is not over, and crypto supporters should expect to see much higher prices from here. Although, skeptics think that the leading crypto asset is completely worthless and the biggest bubble the world has seen in ages.
“You got the biggest, the wealthiest man in the world and one of the biggest stories doing it. You’ve got to think other CFOs and CEOs are saying, what should we be doing?” Novogratz said. The bitcoin bull Novogratz expects a lot more companies to follow Tesla’s coattails and thinks that BTC could reach $100k this year.
In an investors note last week, the quantitative trading firm QCP Capital discussed the finance…