Anthony Pompliano, one of the important names in the crypto market, announced the Bitcoin forecast. Pompliano continues to think optimistically for Bitcoin.
Anthony Pompliano Bitcoin prediction
The coronavirus outbreak disrupted the balances in all markets. Analysts are also split in their predictions for the cryptocurrency markets. Some analysts say this is an opportunity for cryptocurrencies, while others say it is almost an end.
Pompliano, one of the founders of Morgan Creek Digital and known for his crypto market predictions, shared his new predictions. Pompliano has renewed its views that Bitocin will rise. According to Pompliano, the fact that the current crisis will be combined with halving will create an important value for Bitcoin. Thus, Bitcoin will reach 100 thousand dollars by the end of 2021.
Pompliano says that the incentive packages and monetary strategies issued by countries during the coronavirus period devalued their currencies. For this reason, he says, people will turn to assets that are far from the risk of inflation such as gold, Bitcoin and real estate.
Pompliano’s estimates are based on increasing demand, decreasing supply, and hence the rising price. We will see together whether these estimates will come true.