In a recent interview, Anthony Pompliano „The Pomp“, ratified his prediction about the price of Bitcoin for 2021.
Bitcoin’s price predictions are very common in the crypto ecosystem. Several analysts predict the price of BTC for 2021. Specifically, Anthony Pompliano predicted that by 2021, Bitcoin is likely to reach $100,000.
„True, my current confidence level for this to happen is about 70% – 75%.
In fact, Pompliano says it is eventually only a matter of time before the government, private and institutional levels become fully familiar with the system. This will lead to its adoption in general.
He also pointed out that Bitcoin needs time to grow and build trust.
Anthony Pompliano bets everything on a Bitcoin at USD 225,000 by the end of 2021
Anthony Pompliano predicts that the price of Bitcoin will reach $100,000
In particular, Anthony Pompliano, co-founder of Morgan Creek Digital, better known as „The Pomp,“ believes that the price of Bitcoin could rise to $100,000 by 2021.
Indeed, in a recent interview, he reaffirmed his prediction of Bitcoin’s price in 2019: „It’s going to be pretty aggressive. I’m pretty confident about Bitcoin at $100,000, by the end of 2021.
Similarly, in November, Pompliano said on CNBC, that the demand for Bitcoin quickly exceeded the supply. Emphasizing: „I don’t think it’s so crazy to see a Bitcoin price of $100,000, by the end of 2021.
„And if we keep getting bigger and bigger buyers. I wouldn’t be surprised to see something even higher than $100,000.
Similarly, in the MMA’s Ben Askren podcast, Pompliano exclaimed a bullish forecast of $100,000 for the price of Bitcoin by the end of 2021. He emphasized, that he preferred to look at the market through a long term lens.
„Making predictions is difficult. I don’t aim for 100 percent accuracy, but I get it right more times than I get it wrong.
Has Bitcoin been the best asset of value during the crisis?
Some advice from Anthony Pompliano
„Every morning I write a letter to investors. About business, finance and Bitcoin“.
It’s important to understand a few things as Bitcoin moves toward $100,000:
Let’s start with that, this isn’t investment advice. This is my personal opinion. I suggest you do your own research on Bitcoin.
Likewise, Bitcoin is a very volatile asset.
The increase in demand for Bitcoin will come from a variety of sources and will be due to several factors.
I recommend Dollar-cost averaging as the most prudent and rewarding way to invest in Bitcoin.
Naturally, Anthony Pompliano believes that the decrease in Bitcoin supply, along with the increase in demand from institutional investors, will drive the price of Bitcoin to new highs.
Finally, taking Pompliano’s prediction: Do you think Bitcoin will exceed $100,000? Leave us your comments.
I close with this sentence from Anthony Pompliano: „It’s no secret that I’m incredibly optimistic about Bitcoin’s future prospects.