@BOMBERuss 19 September 2021 more from that month

The number of people who believe that bitcoin can transfer $ 100,000 by the end of the year continues to grow, and Mike McGlone, Bloomberg's senior commodity strategist, has recently joined their ranks. Having outlined the growing mass investment, the reduction of active supply, McGlone predicts that BTC can double its resistance in the next three months. Taking into account the fluctuations in the price of bitcoin, this year has become a real roller coaster ride. During this time, the BTC exchange rate rose from $ Z0,000 above $ 60,000, reaching a new record high, and then plunging into the initial level of 2021. Since those dark July days, it has added about $ 20,000 and is currently hovering just below $ 50,000. And although the menu is different for four months until the end of the year, forecasts that foresee more than 100% growth against the dollar during this period of time continue to multiply. Mike McGlone of Bloomberg joined this cohort, naming several reasons. He called the main factors the historical movement of BTC, as well as the reduction in the supply of the main cryptocurrency. "Can you Bitcoin reach $ 100,000 in 2021? Five charts show the potential and past trends of bitcoin trading... together with their mass implementation, they expect a significant increase in 2021 to $ 100,000." If we talk about the deflation of the issue, then we know that every four years, the rate of creation of new bitcoins decreases by half. To this, you can add the lost coins, of which at the moment there are at least three million. In addition, it seems that long-term holders are full of the decision to keep their bitcoin assets, completely canceling selling gifts at the moments of price samples. McGlone's third drive is an increase in the number of users, and here the main economic laws come into force. If the supply of an asset decreases, and demand remains at the same level or increases, theoretical prices should also rise. And the demand for the first cryptocurrency is effectively growing. Giant companies around the world allocate billions of dollars for the purchase of BTC. In addition, institutional investors will hold out, turning out to be on the big banks, so that their regulated sites for investing in bitcoin will get ahead of you. Since the end of 2019, the amount of assets under the management of the Bitcoin Trustgrauscale trust has increased 10 times. Top Gainers Today: #CryptoTrading