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Bitcoin Price Prediction
Abstract： Can Bitcoin reach $100,000?
Bitcoin has been struggling to reach $50,000 despite maintaining strong support. The acceptance of Bitcoin has risen but that is not helping it rise. Recently El Salvador became the first country to allow Bitcoin as legal tender. However, the decision has been marred by protests across the country.
The biggest factor that is aiding the price decline of Bitcoin is an environmental concern. Recently economists from the Dutch central bank and MIT showcased that a single bitcoin transaction generates the same amount of electronic waste as throwing away two iPhones.
However, people are still hopeful of Bitcoin reaching $100,000.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
Read more
Bitcoin and Ethereum See Strong Recovery
BTC crossed $57,000 while Ethereum jumped by more than 7%.
Original 2021-11-29
Crypto startup MoonPay raises $555M to hit $3.4B valuation
Launched in 2019, MoonPay says it has processed more than $2 billion in transactions and hit 7 million users so far.
Original 2021-11-23
Bitcoin Rises Again as Altcoins Outperform
Bitcoin is recovering from a weekend dip as traders anticipate the third U.S. futures-focused bitcoin exchange-traded fund (ETF) listing.
Original 2021-10-26
Is Bitcoin’s bull run really over?
The constant volatility of the Bitcoin market has forced analysts to repeatedly change their lens from bearish to bullish and vice versa.
Original 2021-07-08
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