“I am officially raising my target for Bitcoin — and I first made this prediction when it was $1, I said this could go to $, — I'm raising my official. Jurrien Timmer, Fidelity Investments director of global macro, said bitcoin could reach $, as early as , on the CNBC show "Squawk. The forecaster predicts the No. 1 cryptocurrency could climb to over $ by later next year, in a run higher that could last up to TAB BETTING QLD

But eventually, a "crash" in stocks could force to the Fed back into easing, he said. There are still some headwinds for the crypto market as the global regulatory environment remains fragmented and the digital currency still remains volatile. In this article BTC. But an uncertain regulatory environment continues to prove a headwind for bitcoin.

But that may, in turn, "give further impetus to crypto," he added, as a "crash" in stocks would likely mean the U. Trenchev's prediction didn't come true. Crypto believers say the market has matured, and that there's ample liquidity now that major Wall Street institutions like Jump Trading and Jane Street are flocking to digital assets.

But he is a classic market timer, doing well with bitcoin because he has bought and sold at the right moments. The investment community has soured a bit on the crypto sector thanks to the stablecoin debacle , fears of more regulation to come, and general bearish attitudes for assets such as stocks.

So always stick with the best. The chart The U. Worth repeating is this chart from the Centers for Disease Control and Prevention that shows guns were the biggest cause of death among U. Dear boyfriends, girlfriends, parents. Millennials love their dogs more than you.

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Why Bitcoin Will Reach 100K Before 2023

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Could bitcoin reach $100K?

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