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Bitcoin Will Hit $100,000 This Year: Artificial Intelligence And These Experts Predict - Credit: Bitcoinist

Bitcoin Will Hit $100,000 This Year: Artificial Intelligence And These Experts Predict

The world of cryptocurrency has been abuzz with the potential for Bitcoin to reach $100,000 this year. With a number of experts and artificial intelligence predicting that it could happen, many are wondering if this is really possible.

Bitcoin’s price has seen an incredible surge in recent months, reaching its highest level since 2017 at around $60,000 per coin. This increase in value has led some to believe that the digital currency will continue to climb even higher and potentially hit six figures by the end of 2021.

One expert who believes this is possible is Anthony Pompliano, founder and partner at Morgan Creek Digital Assets. He recently stated on CNBC’s Squawk Box that he expects Bitcoin to hit $100K before the end of 2021 due to institutional adoption and increased demand from retail investors.

Another believer in Bitcoin hitting six figures is Cathie Wood, CEO of ARK Invest Management LLC., which specializes in disruptive innovation investments such as cryptocurrencies like Bitcoin. She also believes that institutional money will be a major factor driving up prices over time as more companies become comfortable investing in digital assets like BTC.

Artificial Intelligence (AI) models have also predicted that there’s a good chance we could see Bitcoin reach $100K by the end of 2021 or early 2022 based on current market trends and data points from previous years when similar conditions were present during bull runs for BTC prices . AI-based trading platforms such as TradeStation Crypto use these models to help traders make better decisions about their investments while minimizing risk exposure along the way.

Finally , it’s important to remember that no one can predict exactly what will happen with any asset class – including cryptocurrencies – so it’s best not to invest more than you’re willing or able to lose should things go south unexpectedly . That said , all signs point towards continued growth for bitcoin throughout 2021 , making now an exciting time for those looking into investing .

In conclusion , there are several experts and AI models predicting that we may see bitcoin reach 100k sometime within 2021 . While nothing can be guaranteed when it comes to markets , all indications suggest continued growth ahead for BTC prices throughout this year . |Bitcoin Will Hit $100,000 This Year: Artificial Intelligence And These Experts Predict|Cryptocurrency|Bitcoinist

Original source article rewritten by our AI: Bitcoinist

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