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American cryptocurrency expert predicts BTC to rise to $100,000

Oct 20, 2022
American cryptocurrency expert predicts BTC to rise to $100,000
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Analyst at the American news portal Bloomberg, Mike McGlone, has previously expressed his opinion about the future of bitcoin. He said that in the coming years, the price of BTC is going to rise to $100,000. Nowadays, this strategist is pretty sure that Bitcoin will become next to gold as a global asset.

In his interview, the analyst has emphasized that Bitcoin will grow as cryptocurrencies are gaining more and more popularity in the world now. Therefore, the achievement of the Bitcoin exchange rate of 100 thousand dollars depends on supply and demand.

McGlone noted that stablecoins, pegged to the US dollar, are at the peak of popularity now. They are leaders in the number of trades. However, BTC still remains the central currency in the entire digital industry.

The analyst predicts that Bitcoin will cross the $20,000 mark in the coming months.

Earlier, the news was published that the Bitcoin mining protocol received a number of new features.

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