Can Bitcoin Eye $100k in 2022 After Reaching $46k?
  • 2 years ago
Bitcoin has stabilized around the $46,000 level, holding even though some analysts and experts believe the token could fall much lower. Some believe that Bitcoin must reach $40,000 to $42,000 to retest while others believe that the token has already bottomed out. Among the conflicting messages surrounding the most valuable apex cryptocurrency, experts like Cantering Clark are taking to Twitter to say they believe Bitcoin can reach $100,000 in 2022, with Clark saying the chances of this are “very high.” This most recent tweet is in reference to a Bloomberg report quoting Goldman Sachs as saying Bitcoin can continue to take away market share from gold. At press time, Bitcoin was down almost a percent, approaching its 24-hour high of about $47,000 on reduced trading volume and a slight reduction in its market cap.
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