Charles Hoskinson, founder, Cardano (ADA), tweeted that he is of the view that Bitcoin will soon touch $10,000, and the crypto market will finally be a witness to a $100,000 Bitcoin. This came in just after Bitcoin dropped over @1,000 in the previous few days. The leader among crypto-assets shifted from more than $8,150 to slightly lower than $7,000.
Bitcoin likely to soar to $1,00,000
Bitcoin has been under considerable selling pressure over the past few days. The leading cryptocurrency declined by more than $1,000, and the market is showing a bearish trend for the next few weeks. Many analysts are of the view that Bitcoin can potentially drop to $6,400-$6,000 before beginning to grow again. Hoskin further explained that the market is marked by a lot of FUD which is impacting the price of Bitcoin presently. However, things might transform shortly, and then the Bitcoin would surge to $1,00,000.
Bitcoin likely to soar to $1,00,000
Bitcoin has been under considerable selling pressure over the past few days. The leading cryptocurrency declined by more than $1,000, and the market is showing a bearish trend for the next few weeks. Many analysts are of the view that Bitcoin can potentially drop to $6,400-$6,000 before beginning to grow again. Hoskin further explained that the market is marked by a lot of FUD which is impacting the price of Bitcoin presently. However, things might transform shortly, and then the Bitcoin would surge to $1,00,000.
