Bitcoin course: Will he reach $ 100,000 next year? Bull or bear?

Bitcoin course: Will he reach $ 100,000 next year? Bull or bear?

The Bitcoin course has already made an impressive performance this year. It has increased by around 80 % since the beginning of the year. But anyway, everyone is talking about the big Bullrun next year. Many are wondering how far the price can increase next year if he really picks up speed. It is often said of a value of $ 100,000. Can the Bitcoin really rise?

A reason why many are from a big bull run next year are the 4 years cycles in the crypto space. The so-called Bitcoin Halving takes place every 4 years, in which the re-sorts are halved for miners. As a result, less new Bitcoin gets into circulation and the price increases. Since 90 % of the maximum amount of 21 million Bitcoin are already in circulation, it will take some time to be mined. The shortage of the offer therefore leads to an increase in the price.

Together with other bullish news for the coming year, it is very likely that the big climb will actually only take place next year. On the one hand because of the self -fulfilling prophecies on the stock exchange, on the other hand because of upcoming events that will influence the digital currency market.

A factor that could strongly influence the Bitcoin course next year are the planned Bitcoin ETFs. The approval of the applications for such ETFs in the United States could lead to a strong capital inflow. This would make it easier to access Bitcoin for a broad mass, since many people are already familiar with ETFs, but do not want to deal with crypto bonds and wallets. The largest asset manager in the world, Blackrock, has already made an application for a Bitcoin ETF.

The efforts of the central banks around digital central bank money (CBDCS) could also affect the cryptom market bullily. CBDCs such as the digital euro and the digital dollar are currently being developed by the banks. As a result, more and more people will deal with digital currencies and reduce the inhibition threshold for investments in cryptocurrencies.

It can never be known whether there is actually an increase to $ 100,000 next year next year. The market is still unstable and scandals can shake the trust of the investors. But the chances are higher than ever that the Bitcoin course could reach the $ 100,000 mark in the next few years. The containment of inflation and the reduction of key interest rates also play crypto investors in the cards.

If you want to have invested in Bitcoin many years ago, you now have the option of buying BTC20. BTC20 is a Bitcoin token on the Ethereum blockchain with the ERC20 standard. The token is based on Bitcoin and has a staking function. The more BTC20 tokens are used, the higher the proportion of the newly released REWARDS. The pre-sale of the BTC20 token is currently underway and offers the opportunity to buy Bitcoin again on the Ethereum blockchain for a dollar.

Overall, there is no guarantee, but reason to hope that the next all -time high could be reached next year. However, the market for cryptocurrencies is speculative, so investors should carry out their own due diligence.

About the author: Manuel Lippitz is an entrepreneur and investor with a focus on cryptocurrencies and NFTs. He regularly writes about the topic on his real estate blog.

(Note: This article contains affiliate links. When you click on these links, Cryptopr receives a commission without making costs.)