Bitcoin price to hit $100K in 2021
Experts agree that a $100,000 tag for Bitcoin price by the tip of the year would additionally exponentially boost Ether’s worth.
Industry specialists see Tuesday’s crypto market plunge as a “false dip” whereas reiterating the $100,000 Bitcoin (BTC) worth for the tip of the year.
In a new report by commonplace Chartered’s cryptocurrency analysis unit, Bitcoin is foreseen to hit $100,000 “in late 2021 or early 2022,” in the course of an enormous Ether (ETH) worth spike.
The analysis team aforesaid that Ether is “structurally” valued at $26,000–$35,000 — ten times its current worth — however BTC should reach $175,000 for that to occur.