Notable Bitcoin and crypto investor Lark Davis makes a bold proclamation on Twitter. In detail, he proclaims that the set all-time high of $69,000 for Bitcoin (BTC) was not the top for the digital asset. In fact, he goes on to say that the net cycle will easily take the price of BTC to over $100,000.
Read CRYPTONEWSLAND onThe tweet, as we can see above, got quite a few enthusiastic responses in a matter of hours. Presently, the market sentiment is slowly moving into green and bullish expectations. The crypto community on Twitter is picking up on this as well.
According to the responses, almost all agree with Lark Davis’ future Bitcoin price prediction. In particular, many are even expecting the price to go much higher. For instance, one response predicts the price of Bitcoin to reach $111,000.
Adding on, other responses say that the price of Bitcoin (BTC) will indeed hit $100,000, but it will only happen by 2024 or 2025. Another response says that the massive hike in Bitcoin’s value is inevitable now more than ever. This is because they believe that without SBF and others suppressing the asset, there will be no stopping it now.
Meanwhile, another response shares a screenshot of the Bitcoin price chart. Using this image, the respondent highlights that from the activity so far, it is clear that a breakout will take place soon. This means that a price hike for Bitcoin (BTC) is inching much closer than expected.
Similarly, another response predicts Bitcoin’s value to reach between $150,000 – $200,000. Another response says when Bitcoin soars so will many other altcoins including MATIC, ETH, and many more.
Bitcoin has been bullish over the last few days. According to CoinGecko, it is currently at $20,725 with a market cap of $399,232,398,375. With just under 2 million Bitcoin left to mine, the cryptocurrency is heading to an area of scarcity. Thus, giving it more value.
Uncover the efficiency of BlockDAG's X1 mining app, allowing users to mine up to 20…
#Chainlink nears crucial support at $12.24 amid volatile #cryptomarket. Traders eye potential bullish reversal. 🚀…
#Cardano: Will it break through crucial support at $0.426-$0.461 and soar towards resistance at $0.46-$0.51?…
#Tron stages a resilient comeback. Despite February's dip, bullish indicators hint at potential gains ahead.…
Tether Holdings achieves a remarkable $4.52B profit in Q1 2024, boosting net equity to $11.37B.…
Tron CEO Justin Sun advocates for meme coins like Dogecoin and Shiba Inu, emphasising community…