Here’s Why Bitcoin Price Will Smash $100k Before 2022: Fund Manager

The bitcoin price will soar to $100,000 in the next two and a half years. That’s the aggressive price target from Anthony Pompliano, co-founder and partner at Morgan Creek Digital. If his prediction is correct, bitcoin would hit a $2 trillion market capitalization. That’s about a third of gold’s current market cap and 1/40 of the worldwide money supply. ‘Pomp’ cites a 70-75 percent conviction in his prediction. “I believe that Bitcoin will reach a $100,000 price point before December 31, 2021. My current confidence level of this happening is around 70-75%.” On August 24, 2018 I called for Bitcoin

The post Here’s Why Bitcoin Price Will Smash $100k Before 2022: Fund Manager appeared first on CCN Markets

Source: https://www.ccn.com/crypto/why-bitcoin-price-smash-100k-before-2022/2019/06/25/

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