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Bitcoin price can hit $100,000 if BTC replicates post-March gains

Published 12/07/2020, 11:13 AM
Updated 12/07/2020, 10:40 PM
Bitcoin price can hit $100,000 if BTC replicates post-March gains
BTC/USD
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The price of Bitcoin (BTC) has quadrupled in the past nine months, which means another similar rally would put $100,000 on the table in the foreseeable future.

The 1-day chart of Bitcoin (Coinbase). Source: TradingView.com

Dan Tapiero, co-founder of 10T Holdings, does not expect Bitcoin to hit $100,000 in the next nine months. But, he said that it shows how fast the asset is growing and its long-term potential. He wrote:

BTC, gold, S&P 500 correlation. Source: Cointelegraph Markets, Digital Assets Data

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