These Analysts Predict Bitcoin Will Hit $100K Once Bear Market Is Over

  • Mike McGlone, senior commodity strategist at Bloomberg Intelligence, predicts that Bitcoin will hit $100,000 by 2025 and says that he expects the cryptocurrency market to flourish as a “revived bull market.”
  • A recent study by Deutsche Bank revealed that approximately 25 percent of BTC investors predict the cryptocurrency’s price would surpass $100,000 in five years.
  • As an increasing number of voices warn of a significant BTC/USD decline, bullish viewpoints remain limited to the long term because of macroeconomic factors.

[Via]