724: BITCOIN WILL SOAR TO ‘$100K IN MONTHS’ AFTER ‘PANIC BUYING’ BTC FRENZY - NEW EXPERT BTC PREDICTION!!!!
One expert has predicted that a Bitcoin price of "$100k over the coming months is all but certain". Earlier this month the US SEC revealed its growing interest in four separate Exchange Traded Funds which are linked to BTC futures.
Konstantin Anissimov, Executive Director at CEX.IO states that the approval of these funds by the SEC has helped push the Bitcoin price higher.
"Speculation surrounding the approval of these funds is one of the factors helping push Bitcoin price up."
The financial director added: "Another reason for Bitcoin's increase in value is JPMorgan's recent note to investors.
The company said that the prized crypto-asset seems to be a better hedge against inflation than gold."
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