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Bitcoin Will Rally To $100,000 Or More By The End of 2021, Says Morgan Creek Co-founder
Summary: Anthony Pompliano, Morgan Creek Digital co-founder and crypto investor predicted in an interview with CNBC that Bitcoin will soar to at least $100,000 by the end of 2021. Pompliano explained that the macroeconomic environment like low-interest rates, money printing, and the Federal Reserve's 2% average inflation target, all of them are "rocket fuel" for Bitcoin prices, Bitcoin ...
Anthony Pompliano, Morgan Creek Digital co-founder and crypto investor predicted in an interview with CNBC that Bitcoin will soar to at least $100,000 by the end of 2021. Pompliano explained that the macroeconomic environment like low-interest rates, money printing, and the Federal Reserve's 2% average inflation target, all of them are "rocket fuel" for Bitcoin prices, Bitcoin is the winner of the supply and demand movement.
Pompliano added: "I don't think it's that crazy to see a $100,000 bitcoin price by the end of 2021. And if we continue to get bigger and bigger buyers...if this kind of tips over and all of the sudden it becomes a kind of consensus trade, it wouldn't surprise me to see something even higher".
By Mary Liu
Tags: Anthony Pompliano,Bitcoin,Federal Reserve
Link: Bitcoin Will Rally To $100,000 Or More By The End of 2021, Says Morgan Creek Co-founder [Copy]
