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Could Bitcoin Hit 100k?

Bitcoin has seen a lot of UPS and downs in its price since it was first created in 2009. The digital currency reached its all-time high in December 2017 when it hit $19,783.

06. However, it then crashed down to around $3,200 just a year later. So, could Bitcoin hit 100k?.

It is definitely possible that Bitcoin could reach 100k in the future. The currency has shown a lot of volatility in the past, so there is no telling which way the price will go.

However, there are a few factors that could lead to Bitcoin hitting 100k again.

NOTE: WARNING: This article contains speculative information about the potential for Bitcoin to hit 100K. Investing in cryptocurrency carries a high degree of risk, and you should never invest more than you can afford to lose. Before making any investment decisions, please research the potential investment thoroughly and consult a financial advisor if necessary.

First, more and more people are becoming aware of Bitcoin and other cryptocurrencies. This is leading to more people buying and holding onto Bitcoin, which could drive up the price.

Additionally, institutional investors are starting to get involved in the space, which could also help push the price up.

Of course, there are also risks that could prevent Bitcoin from hitting 100k again. For example, if there is another major hack of a cryptocurrency exchange or another negative news story comes out, that could cause the price to drop again.

Overall, it is impossible to say for sure whether or not Bitcoin will hit 100k again. However, it is definitely possible and there are a few factors that could lead to this happening.

3 Related Question Answers Found

Does Bitcoin Get 100k?

When it comes to Bitcoin, there is no doubt that it has been on a tear lately. After starting the year off at around $1,000, Bitcoin has now surged past $4,000 and is showing no signs of slowing down. This has led to a lot of speculation about where Bitcoin could be headed next.

Is 100k Bitcoin Possible?

Bitcoin has seen a lot of UPS and downs in its price since it was first created in 2009. The highest price that Bitcoin has ever reached was $19,783 in December of 2017. Since then, the price of Bitcoin has dropped to around $3,500 as of March 2019.

Is It Worth Putting 100 in Bitcoin?

When it comes to investing in Bitcoin, there is no shortage of opinion. Some financial experts are convinced that Bitcoin is a scam, while others believe that it could be the next big thing. So, is it worth putting 100 into Bitcoin?
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