Bitcoin Is Likely to Hit $100,000 by End of 2021 Says Anthony Pompliano

[exstasie]

Yes, we could enter a bearish super cycle and the pattern will end.

Another possibility is the periodic bull/bear cycles (2011, 2013, 2017) end and we enter a phase of exponential adoption. This could be visualized as the vertical leg of an S-curve, as seen with other major technologies like telephones, televisions, internet.

We're already in a long term bearish super cycle.

You've been saying things like that for years. Why would it be different this time?

I mean it's technically possible (that we've already entered a bearish super cycle) but there's just no evidence for it yet. I don't trust crystal balls either. Makes more sense to keep betting the trend. Higher highs, higher lows and all that.

[Reid]

I still prefer not going that far. 100k USD is a large amount which could produce more chaos in the financial market.

Protection. I believe that we still have a good protection in staying with a smaller value up until now. I would rather see it fall again and then just go back up rather than hitting a new all time high.
I am not as greedy as other people around here. But not also a hypocrite to say I dont need the money.

But with 6 digit price? Do you really think they (government) will just be silent about it?

[mich]

ECB Money Printing Is ‘Rocket Fuel’ for Bitcoin Price, Says Pompliano



https://cointelegraph.com/news/ecb-money-printing-is-rocket-fuel-for-bitcoin-price-says-pompliano

“ROCKET FUEL: They’re going to cut rates and print money right as we march towards the Bitcoin halving. Buckle up. This will be wild 🚀”

[barbara44]

I think this will not be like a short hype bull run followed by a stagnant period and another short hype bull run. I think this will be more like a big huge bull run all by itself. Its kinda like how some people say world war 1 and world war 2 was different wars but some people say they were the same war because the second one started because of the first one. With the same logic I would say this bitcoin bull run happened and now it looks like instead of going from 3k to 12k type of moves we have been going between 10-13 levels for a while now so when it goes up again people will say its another bull run but I believe that the next one (even if it reaches 100k) will not be a new one but the one that started and caused it early on from the 3k levels to this.

[SquallLeonhart]

This news is good to buy us time to keep the bulls strong in the market. At least we will have some people now that would shift their focus from expecting anything from bitcoin this 2020 to 2021 because I could see that most people, there target has been this year/2020, and they might feel disappointed if 2020 comes and the market still did not offer them anything impressive, this could lead to panic sell and lots of fud news, but now that the focus is in 2 years’ time, it will be a whole lots of surprise to them if bitcoin now achieves the predicted value before the year 2020.

Right now, we need people to stop shortening as CEO Binance advised because it is not good for the market, which is why we have not been having a breakout. Money needs to stay a little longer in the market for now.

[nydiacaskey01]

Its easy to say that price of Bitcoin will hit $100,000 by end of 2021. There's a lot of personalities who also say that Bitcoin will reach leaps and bounds by end of 2020 but the question is how and why will it reach $100,000 by end of 2021.They can hype it up but giving those bold predictions but for me I will not wait for that to happen, just trade and before you know it, you already accumulated more than your target if you trade wisely.

[Kidmat]

Many predictions spreading in bitcoin but we really do not know if this could happen. Possible to reach high price by year 2021 but no one can give an accurate price of btc. Well, if we are willing to have btc this time we can accumulate on what we can afford.

[WinslowIII]

Its easy to say that price of Bitcoin will hit $100,000 by end of 2021. There's a lot of personalities who also say that Bitcoin will reach leaps and bounds by end of 2020 but the question is how and why will it reach $100,000 by end of 2021.They can hype it up but giving those bold predictions but for me I will not wait for that to happen, just trade and before you know it, you already accumulated more than your target if you trade wisely.

How you ask?
Limited bitcoin supply + fiat collapse.
Next question?

[michellee]

Many predictions spreading in bitcoin but we really do not know if this could happen. Possible to reach high price by year 2021 but no one can give an accurate price of btc. Well, if we are willing to have btc this time we can accumulate on what we can afford.

All of that is the only prediction, and we will see many predictions will happen in the future. Bitcoin itself can hit to any price, and we don't know how much the price will increase. But if the price can hit that price, then I am sure all people who own bitcoin will be happy, and they will make a lot of money from bitcoin. If everything has ready, bitcoin price will rally to the higher price, and that means, we can prepare to sell bitcoin.

[RealMalatesta]

How you ask?
Limited bitcoin supply + fiat collapse.
Next question?

Great, the more the demand of bitcoin, the lower the supply of it and that is what lead to increase in value, he needs to understand the concept, so if he is to do his calculation very well, he would even realize that bitcoin could even reach far more than 100k by that 2021 depending in the rate of adoption and how soon the supply can be reduced and at the same time, the price may still not get to that in tat 2021 which could also take another 5 years if the adoption rate is still low, because it is only adoption that usually cause stir for demand which will then turn to create opportunity for much more surge in the value. All we need to hope for now is not just speculation, but the practicality of it.

If they can influence the market very well, then we will have new investors.