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❕NEWS In Recent Statement, Goldman Sachs Expects Bitcoin To Hit $100,000

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Hope never seize to exist especially in cryptocurrency investment, as the enthusiasts are always positive and hope. Currently bitcoin is trading at a price less than $45,000 Goldman Sachs is still very optimistic that the price will reach $100,000. The largest cryptocurrency, according to the US financial giant, presently accounts for a fifth of the worldwide store of value market. As a result, if Bitcoin continues to eat into gold's market share, it may reach six figures. In addition, Tom Lee of Fundstrat estimated in late December that the largest cryptocurrency may reach $200,000 in value but unfortunately it couldn't.
 
I won't be surprised when it comes to light the level of accumulation going on presently at the current bitcoin price which would translate to a rise in price in the coming days. The prediction of $100,000 is quit reasonable considering the ATH price of bitcoin in the past year.
 
For now no one knows when the dip would end ,if another bad news pops out instead of increasing further the price would continue to dip ,it's the reason why as an investor you have to get prepared and place more interest when it comes to trading because trading requires so much amount of concentration
 
For now no one knows when the dip would end ,if another bad news pops out instead of increasing further the price would continue to dip ,it's the reason why as an investor you have to get prepared and place more interest when it comes to trading because trading requires so much amount of concentration
That is the fact , currently most people Investing in coins are doing it bit by bit as market continue to dip, it is also an opportunity because the strong support for bitcoin might be arround $40000 or slightly less before it begins to recover again. Let us keep buying the dip with caution while we keep hope alive for bitcoin to reach $100,000.
 
That is the fact , currently most people Investing in coins are doing it bit by bit as market continue to dip, it is also an opportunity because the strong support for bitcoin might be arround $40000 or slightly less before it begins to recover again. Let us keep buying the dip with caution while we keep hope alive for bitcoin to reach $100,000.
I believe that if it would start moving high as from tommorow or next week ,there is truly a support holding it ,it's good to invest now ,but minimum investment should be placed as the one the trader can afford to lose when placing a trade in the market ,that should be the most important thing ,I hope it doesn't fall further it would encourage more investors to place effort in investing
 
I personally think that bitcoin has a real shot at reaching that number. The real question is when. I think bitcoin may need another decade or so to reach that stellar number. As mining difficulty increases, and the supply become more and more scarce, the price will naturally be rising. Plus, more adoption will always pump the price higher.
 
Goldman's Sachs Bitcoin prediction of $100,000 is realistic this year if things goes as planned and the price starts going bullish. At the moment is still on the bearish. The price have drifted more low to $42,000. Remember, $100,000 was predicted for the coin to reach early 2021 but it proved elusive at last.
 

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