The Co-founder and partner at Morgan Creek Digital, Anthony Popliano, has said that owing to the increasing rate at which aditional investors subscribe to the use of Bitcoin, there are tendencies for Bitcoin price to hit $100,000 by December 2021.
The crypto podcaster also noted that Banks around the world would have no choice than to embrace cryptocurrency as time goes on.
Pompliano in an interview with Yahoo Finance went further to declare that people will continue to notice a rise in the value of Bitcoin as much as the noble coin continues to prove naysayers wrong.
A sign of better days ahead for the cryptocurrency giant is the recent inclusion of cryto exchanges, Coinbase and Gemini on the JP Morgan banking service.
The prominent cryptocurrency investor said “Bitcoin is not going away. You’re starting to see a lot of Wall Street investors actually putting it in their portfolios. And they’re starting to also have some track record for these exchanges or businesses, so they can see the financial performance”.
Pompliano went further to say he is of the opinion that it will be impossible for banks to ignore the crypto space and this will subsequently become glaring to everyone.
According to Pompliano the fact that Bitcoin has maintained its existence up till this moment has began to raise the interest of potential investors in the cryptocurrency as those who do not have knowledge about it are beginning to seek to know more.
Pomp added that he thinks Bitcoin would continue rising higher for the next 18 months or more
“I do expect it to be the best performer coming out of this crisis. I’m on record as saying I think Bitcoin will hit $100,000 per BTC by 2021, which is obviously more than a 10x increase in a relatively short period of time in the traditional financial world.” He concluded.