Bitcoin price prediction for today (Next 24 hours) is in a range between $ 45,488 and $ 47,9266.
Bitcoin Price Prediction 2021 Updates. Average of 3 analysts
Bitcoin Price Prediction Daily: Current Prices
The current price of Bitcoin is $ 45,763.82 which is 4.61%% lower than 24 hours ago.
24 Hour High: 48,328.17 24 Hour Low: 45,210
Bitcoin Price Prediction Daily: Technicals
Bitcoin Price Prediction and Forecast: Anthony Scaramucci’s Bitcoin Price Prediction
Bitcoin Price Prediction Daily and Forecast: Can Bitcoin Reach $100,000?
Bitcoin has been struggling to reach $50,000 despite maintaining strong support. The acceptance of Bitcoin has risen but that is not helping it rise. Recently El Salvador became the first country to allow Bitcoin as legal tender. However, the decision has been marred by protests across the country.
The biggest factor that is aiding the price decline of Bitcoin is an environmental concern. Recently economists from the Dutch central bank and MIT showcased that a single bitcoin transaction generates the same amount of electronic waste as throwing away two iPhones.
However, people are still hopeful of Bitcoin reaching $100,000.
Coinbase Exec: Bitcoin Asset Class Is Becoming Institutional
Bitcoin Price Prediction Daily and Forecast: Where is Bitcoin heading?
After hovering just above $45,000, Bitcoin is now over $48,000 and soon it may touch the $50,000 mark once again. Cathie Wood, CEO of ARK Invest, predicts that the bitcoin price could hit $500,000 over in next five-year. However, for Bitcoin to hit such a milestone, she believes a couple of key industry needs to include Bitcoin in their finances. Companies must continue to move out of cash and into bitcoin on their balance sheets.
However, Ray Dalio, the billionaire founder of Bridgewater Associates believes that if Bitcoin fets too big, regulators will “kill it.”
“I think at the end of the day, if it’s really successful, they will kill it and they will try to kill it,” he told CNBC
Ray Dalio issues a warning about bitcoin and crypto: Regulators will kill bitcoin if too successful
Bitcoin Price Prediction Daily and Forecast: Bitcoin Exchange Reserve Drops
Recently Bitcoin had crossed the $50,000 mark, however, the price has suddenly fallen, and in the last few days Bitcoin was hovering just above $45,000. However, on Wednesday, Bitcoin was able to breach the $47,000 resistance.
The recent data with respect to Bitcoin reserves across platforms…
Read more:Bitcoin Price Prediction and Forecast: Bitcoin Support Below $45,000 – CrowdWisdom360
