“In 2022, Bitcoin will Reach $100,000” from Nexus founder
Antoni Trenchev, Nexo’s founder, a company specialized in crypto lending, stated that he expects Bitcoin’s price to jump to $100,000 in the middle of 2022.
This number has been heard several times in the previous periods from different analysts and investors. The main reasons behind this prediction are two:
- Institutional investors are including Bitcoin as a part of their portfolio, forcing markets to new high levels
- “Cheap money” will be here to stay. This means that financial products with deflationary nature like cryptos are expected to skyrocket their price through this process
In parallel, Trenchev predicted that a new all-time high level in the Bitcoin market will be on the same tome with a vast correction in the traditional markets at global scale.