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class="sc-11f26778-0 fIrcU news_content"><div class="heading"><a href="/news/blockchain"><svg width="17" height="16" viewBox="0 0 17 16" fill="none" xmlns="http://www.w3.org/2000/svg"><path fill-rule="evenodd" clip-rule="evenodd" d="M6.65685 15.0709L0.292892 8.70692C-0.0976315 8.31639 -0.0976315 7.68323 0.292892 7.2927L6.65685 0.928741C7.04738 0.538216 7.68054 0.538216 8.07107 0.928741C8.46159 1.31926 8.46159 1.95243 8.07107 2.34295L3.41421 6.99981L16 6.99981C16.5523 6.99981 17 7.44752 17 7.99981C17 8.55209 16.5523 8.99981 16 8.99981L3.41421 8.99981L8.07107 13.6567C8.46159 14.0472 8.46159 14.6804 8.07107 15.0709C7.68054 15.4614 7.04738 15.4614 6.65685 15.0709Z"></path></svg>Back</a><div class="sc-4fdbe080-0 hanuse title "><h1>Bitcoin To Hit $100,000 By The End Of 2021</h1></div></div><div class="time_date_block"><ul class="time_date"><li>Feb 02, 2021</li><li>16:02</li><li>2 min reading</li></ul><div class="author_block"><div class="author_image"><span style="box-sizing:border-box;display:inline-block;overflow:hidden;width:initial;height:initial;background:none;opacity:1;border:0;margin:0;padding:0;position:relative;max-width:100%"><span style="box-sizing:border-box;display:block;width:initial;height:initial;background:none;opacity:1;border:0;margin:0;padding:0;max-width:100%"><img style="display:block;max-width:100%;width:initial;height:initial;background:none;opacity:1;border:0;margin:0;padding:0" alt="" aria-hidden="true" src="data:image/svg+xml,%3csvg%20xmlns=%27http://www.w3.org/2000/svg%27%20version=%271.1%27%20width=%2720%27%20height=%2720%27/%3e"/></span><img alt="Choise.com team" srcSet="/_next/image?url=%2Fpic%2Fauthors%2Fchoise-team.png&w=32&q=75 1x, /_next/image?url=%2Fpic%2Fauthors%2Fchoise-team.png&w=48&q=75 2x" src="/_next/image?url=%2Fpic%2Fauthors%2Fchoise-team.png&w=48&q=75" decoding="async" data-nimg="intrinsic" style="position:absolute;top:0;left:0;bottom:0;right:0;box-sizing:border-box;padding:0;border:none;margin:auto;display:block;width:0;height:0;min-width:100%;max-width:100%;min-height:100%;max-height:100%"/></span></div><div class="author_name"><span class="dynamic_author"></span>Choise.com team</div></div></div><div class="content"><div class="main_image"><img title="Bitcoin To Hit $100,000 By The End Of 2021" alt="Bitcoin To Hit $100,000 By The End Of 2021" width="742" height="0" decoding="async" data-nimg="1" class="directus_image " style="color:transparent" srcSet="/_next/image?url=https%3A%2F%2Fwp.prod.testessential.net%2Fwp-content%2Fuploads%2F2021%2F02%2Fbitcoin100000_2.jpg&w=750&q=75 1x, /_next/image?url=https%3A%2F%2Fwp.prod.testessential.net%2Fwp-content%2Fuploads%2F2021%2F02%2Fbitcoin100000_2.jpg&w=1920&q=75 2x" src="/_next/image?url=https%3A%2F%2Fwp.prod.testessential.net%2Fwp-content%2Fuploads%2F2021%2F02%2Fbitcoin100000_2.jpg&w=1920&q=75"/></div><div class="content_block"><p dir="ltr">In 2020 the price of Bitcoin has risen by 175 percent. This is a result of a number of factors which include an important fact that international payment companies like PayPal and Square made the decision to allow its users to buy and sell the cryptocurrency.</p><p dir="ltr">In addition, many key financial institutions have started to view cryptocurrencies more favourably. This is because investors are now considering Bitcoin as a safe haven amid the economic uncertainty caused by the current pandemic.</p><p dir="ltr">Bitcoin’s rapid rise in value means that it still remains one of the most popular ways for people to invest.</p><p dir="ltr">In times of financial crisis caused by the COVID-19 pandemic, we see an impressive increase of bitcoin’s price, which gives many crypto experts the reason to believe that Bitcoin could reach the $100,000 mark by the end of 2021.</p><h4 dir="ltr"><strong>A wave of institutional money moves to the crypto market</strong></h4><p dir="ltr">In 2020, the trend of high-profile asset managers buying into digital assets picked up pace dramatically. Institutional investors are opening long term positions and adding cryptocurrency to their portfolios, here are some telling signs and evidence to support the next wave of money that’s expected to flow into the cryptocurrency markets.</p><p dir="ltr">A recent survey of institutional investors by Evertas has found that a quarter believe that bitcoin will rise “dramatically” in the next five years, with a further two-thirds agreeing that there will be some rise.</p><p dir="ltr"><strong>BTC accounts for about two-thirds of the cryptocurrency market value, which is now beyond 1$ trillion</strong></p><p dir="ltr">“I have seen bitcoin go up 10X, 20X, 30X in a year. So going up 5X is not a big deal,” said Brian Estes, chief investment officer at hedge fund Off the Chain Capital. He predicts the cryptocurrency could hit between $100,000 and $288,000 by the end of 2021, based on a model that utilizes the stock-to-flow ratio measuring the scarcity of commodities like gold.</p><p dir="ltr">A technical analyst at US based financial giant Citibank Tom Fitzpatrick added that Bitcoin could climb as high as $318,000 by the end of next year, citing its limited supply, ease of movement across borders and opaque ownership.</p><p dir="ltr"><strong>The best time toaccumulate and hold bitcoin for the next movement</strong></p><p><span style="font-weight:400">Some years ago it was impossible to buy bitcoins as easy as it is now using<a href="https://crypterium.com">Crypterium Wallet</a>, a one-stop solution for all your crypto related needs. Start your crypto journey, simply buy any cryptocurrency with a credit/debit card on Crypterium with minimum fees.</span></p></div></div><ul class="sc-a1a626b4-0 heFhTL"><li><a href="/news">News</a></li><li><a href="/news/blockchain">Blockchain</a></li><li><span>Bitcoin To Hit $100,000 By The End Of 2021</span></li></ul><div class="sc-ebb48054-0 ccQeMU"><button aria-label="twitter" class="react-share__ShareButton" style="background-color:transparent;border:none;padding:0;font:inherit;color:inherit;cursor:pointer"><img src="/pic/share/twitter.svg" alt="Bitcoin To Hit $100,000 By The End Of 2021"/></button><button aria-label="telegram" class="react-share__ShareButton" style="background-color:transparent;border:none;padding:0;font:inherit;color:inherit;cursor:pointer"><img src="/pic/share/telegram.svg" alt="Bitcoin To Hit $100,000 By The End Of 2021 - Telegram"/></button><button aria-label="facebook" class="react-share__ShareButton" style="background-color:transparent;border:none;padding:0;font:inherit;color:inherit;cursor:pointer"><img src="/pic/share/facebook.svg" alt="Bitcoin To Hit $100,000 By The End Of 2021 - Facebook"/></button></div></section></div></section></main><footer id="footer" class="sc-965f7af3-0 dtuqwR"><div class="sc-e7592e74-0 fQCMoz center_block " width="1200px"><div class="top_block"><div class="content"><p class="description">The Choise website and Choise mobile apps are owned by the company incorporated in the Republic of Seychelles with company number IBC No. 233581, registered office at 102, Aarti Chambers, Mont Fleuri, Victoria, Mahe, Seychelles which is regulated by the laws of that country. 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type="application/json">{"props":{"pageProps":{"data":{"id":10207,"status":"published","sort":null,"user_created":"ca36dd59-e84f-4468-80da-d7762c746176","date_created":"2021-02-02T13:51:40.000Z","user_updated":null,"date_updated":null,"title":"Bitcoin To Hit $100,000 By The End Of 2021","slug":"bitcoin-to-hit-100k-2021","content":"\u003cp dir=\"ltr\"\u003eIn 2020 the price of Bitcoin has risen by 175 percent. This is a result of a number of factors which include an important fact that international payment companies like PayPal and Square made the decision to allow its users to buy and sell the cryptocurrency.\u003c/p\u003e\u003cp dir=\"ltr\"\u003eIn addition, many key financial institutions have started to view cryptocurrencies more favourably. This is because investors are now considering Bitcoin as a safe haven amid the economic uncertainty caused by the current pandemic.\u003c/p\u003e\u003cp dir=\"ltr\"\u003eBitcoin’s rapid rise in value means that it still remains one of the most popular ways for people to invest.\u003c/p\u003e\u003cp dir=\"ltr\"\u003eIn times of financial crisis caused by the COVID-19 pandemic, we see an impressive increase of bitcoin’s price, which gives many crypto experts the reason to believe that Bitcoin could reach the $100,000 mark by the end of 2021.\u003c/p\u003e\u003ch4 dir=\"ltr\"\u003e\u003cstrong\u003eA wave of institutional money moves to the crypto market\u003c/strong\u003e\u003c/h4\u003e\u003cp dir=\"ltr\"\u003eIn 2020, the trend of high-profile asset managers buying into digital assets picked up pace dramatically. Institutional investors are opening long term positions and adding cryptocurrency to their portfolios, here are some telling signs and evidence to support the next wave of money that’s expected to flow into the cryptocurrency markets.\u003c/p\u003e\u003cp dir=\"ltr\"\u003eA recent survey of institutional investors by Evertas has found that a quarter believe that bitcoin will rise “dramatically” in the next five years, with a further two-thirds agreeing that there will be some rise.\u003c/p\u003e\u003cp dir=\"ltr\"\u003e\u003cstrong\u003eBTC accounts for about two-thirds of the cryptocurrency market value, which is now beyond 1$ trillion\u003c/strong\u003e\u003c/p\u003e\u003cp dir=\"ltr\"\u003e\u0026#8220;I have seen bitcoin go up 10X, 20X, 30X in a year. So going up 5X is not a big deal,\u0026#8221; said Brian Estes, chief investment officer at hedge fund Off the Chain Capital. He predicts the cryptocurrency could hit between $100,000 and $288,000 by the end of 2021, based on a model that utilizes the stock-to-flow ratio measuring the scarcity of commodities like gold.\u003c/p\u003e\u003cp dir=\"ltr\"\u003eA technical analyst at US based financial giant Citibank Tom Fitzpatrick added that Bitcoin could climb as high as $318,000 by the end of next year, citing its limited supply, ease of movement across borders and opaque ownership.\u003c/p\u003e\u003cp dir=\"ltr\"\u003e\u003cstrong\u003eThe best time toaccumulate and hold bitcoin for the next movement\u003c/strong\u003e\u003c/p\u003e\u003cp\u003e\u003cspan style=\"font-weight: 400;\"\u003eSome years ago it was impossible to buy bitcoins as easy as it is now using\u003ca href=\"https://crypterium.com\"\u003eCrypterium Wallet\u003c/a\u003e, a one-stop solution for all your crypto related needs. Start your crypto journey, simply buy any cryptocurrency with a credit/debit card on Crypterium with minimum fees.\u003c/span\u003e\u003c/p\u003e","seo_title":null,"seo_description":null,"seo_image":null,"old_image":"https://wp.prod.testessential.net/wp-content/uploads/2021/02/bitcoin100000_2.jpg","seo_keywords":null,"short_content":"Bitcoin would have to increase by around 375% from the current price to surpass $100,000. In that case, Bitcoin\u0026#8217;s market capitalization would be over $1.5 trillion, or roughly the same as Amazon or Apple, the world’s most valuable companies. ","image":null,"category":{"title":"Blockchain","slug":"blockchain","id":64}}},"__N_SSP":true},"page":"/news/[category]/[slug]","query":{"category":"blockchain","slug":"bitcoin-to-hit-100k-2021"},"buildId":"_LTTyEWiIIIqjW5WHNdJN","isFallback":false,"gssp":true,"locale":"en","locales":["en","es"],"defaultLocale":"en","scriptLoader":[]}</script></body></html>