Bitcoin's price will reach $ 100,000 by the middle of the year, forecast the Nexo founder-markets and prices
Bitcoin's price will reach $ 100,000 by the middle of the year, forecast the Nexo founder-markets and prices
forecasts
The co-founder and managing partner of Nexo, a large cryptocurrency loan, predicted that the Bitcoin price will be $ 100,000 by mid-2022. He emphasized "two simple reasons" why he sees the Bitcoin price optimistic this year.
Bitcoin is to reach $ 100,000 by the middle of the year
Antoni Trenchev, co-founder and managing partner of Nexo, a large cryptocurrency loan, shared his Bitcoin price forecast on Monday in an interview with CNBC. He said:
I think [Bitcoin’s] will reach $ 100,000 this year, probably until ... in the middle.
NEXO has awarded loans of more than $ 6 billion and manages assets for more than 2.5 million users worldwide.
The manager explained that there are "two simple reasons" why he is expecting big gains for Bitcoin.
First, he pointed out that institutes Bitcoin increasingly put in their corporate funds. The company Microstrategy noted at the Nasdaq, for example, target = "_ blank" class = "lar-automated-link" href = "https://markets.bitcoin.com/crypto/btc" rel = "noopener"> btc for its treasury.
Another reason is that Trenchev expects “cheap money” to stay here, which would drive up the prices of cryptocurrencies. The Federal Reserve is expected to be this year. several times. The financial professor of Wharton, Jeremy Siegel, recently predicted that "the Fed has to raise" still expected as the market. "
The Nexo manager added:
I think that, as soon as we see an increase in interest, this will be a leap into the stock and bond market- and frankly, in recent years we have not seen much political will ... the correction to the traditional financial markets.
Recently the President of El Salvador, Nayib Bukele Bitcoin Prize will reach $ 100,000 this year.
Meanwhile, the CEO from Microstrategy, Michael Saylor, expects the Bitcoin price ray Dalio .
How high do you believe, will the Bitcoin Prize reach this year? Let us know in the comment area below.
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