Next Bitcoin all-time high - 100.000$ realistic?

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Bitcoin - new all time high

As always at the beginning:
All I write here in my blog is my personal opinion. I express my thoughts and opinions that have no guarantee to always be true!

Exactly three weeks ago, I wrote a post talking about Bitcoin and discussing the possible goal of going above the $100,000 mark this year.
At that time, Bitcoin had a new all-time high of over $66,000.
Today, three weeks later, Bitcoin surpassed that mark and set a new all-time high of over $68,500.

Screenshot 2021-11-10 200156.png
-coinmarketcap

As well as Ethereum, which also reached a new all-time high.

Screenshot 2021-11-10 200508.png
-coinmarketcap

On the Internet, this increase is explained by the US inflation rate. The Minister of Labour had published that consumer prices had risen by 6. 2% on the previous month and had reached a peak since 1990.

That’s why many people are looking for new investment opportunities. The hyped Bitcoin is an ideal solution, since in many eyes it is very inflation-proof and has a certain scarcity.

Could Bitcoin break the $100,000 mark this year?
I am very critical of this statement. Biotcoin will continue to increase until the end of the year, that’s out of the question but the $100,000 will not be reached in my opinion. This could happen in the first quarter of 2022 at the earliest.

Nevertheless, Bitcoin shows us again its qualities and reliability. Cryptocurrency is increasingly becoming a serious investment option for the vast majority of the population, and news such as the high rate of US inflation make this clear.

Thanks for reading my post. Would like to see a upvote ;)
Have a nice day ;)
eragon

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Credits: https://www.deraktionaer.de/artikel/maerkte-forex-zinsen/bitcoin-die-rekordjagd-geht-weiter-das-ist-der-grund-20240607.html



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