-
Is bitcoin likely to cross $100,000?
With bitcoin hitting new records almost on a daily basis, some analysts predict that the world’s largest cryptocurrency may cross $100,000 in the near future.. A flush of investor cash has been flowing into the cryptocurrency as increasing acceptance by authorities bring it to the mainstream, along with the expected halving event next month, the possibility of lower interest rates makes alternative assets attractive. “Based on historical experience, rapid pullbacks often occur during sharp uptrends, constituting a common phenomenon of market deleveraging. The swift recovery in price indicates investors’ ... (full story)