Bitcoin (BTC) is on a roll and has surpassed it’s all time highs.
What’s next? Is there a case for Bitcoin $100K I think so.
In this podcast episode I list my Top Ten reasons BTC can hit $100K before the end of 2021.
The highlights of the list are below:
1- Global access vs. Stock Exchanges
2- Record number of BTC addresses- Easier onboarding
3- Mobile wallets and easier access
4- Small dollar denomination participation
5- Wealth disparity- 97% no financial access
6- Institutional buy in. MUST have a percentage of portfolio in BTC.
7- Limited Supply- both by design and lost BTC
8- Long Term Holders (HODL) not selling
9- Trend is your friend
10- Publicity drives ego and decisions- Big names need to drive awareness to “justify” their decisions.
Names driving awareness;
Mike Novagratz
Cameron and Tyler Winklevoss
Michael Saylor
Scott Minerd
Elon Musk
Stephen Meade- The BullsEye Guy Podcast- Top Ten Reasons for Bitcoin (BTC) to reach $100K –