Will Bitcoin reach $160,000 this year?

Although the price of Bitcoin (BTC) continues to hover around $30,000, industry experts...

Enjoy the best of crypto news, prepared fresh and hot every day: Bitcoin will go all the way to $160,000 this year, says Celsius CEO To put this into perspective, Alex Mashinsky, chief executive officer and co-founder of Celsius – the centralized cryptocurrency lending platform – told Cointelegraph at Bitcoin 2021 in Miami that he sees Bitcoin reaching $160,000 this year, or possibly a bit lower. `We haven't seen the highs yet for 2021`, Mashinsky said. Read more Beating Bitcoin: Why some traders don`t care about USD prices t`s all about the BTC for Hodlers who don`t intend to cash out anytime soon. There are always two components to each altcoin's price. One is the coin's own characteristics: Fundamentals, investor sentiment toward the asset, liquidity and trading volume, among many others. Read more Cryptocurrency: The future of futures? Institutional inflow to crypto is only getting started, but the technology promises to improve the futures markets beyond crypto. Many traders entering cryptocurrency markets from traditional finance may look to derivatives as vehicles for price speculation and hedging. Read more PROMOTION: 100% Deposit bonus up to 1 BTC RocketPot is a licensed casino that has 2600+ different slot games and 300+ distinct table games. Play and explore RocketPot and get rewarded with chests with guaranteed prizes. You can play with: BTC, ETH, LTC, DOGE, BCH, NEO. Double your first deposit Unsubscribe Hope Works, 25, Mowbray St, Sheffield, S3 8EL, United Kingdom