The post BTC Price Prediction: Will Bitcoin Hit $100K Before the Halving Event Next Year? appeared first on Coinpedia Fintech News
British cryptographer and Blockstream CEO Adam Back has placed a significant bet on Bitcoin. Back, also known for inventing Hashcash, has wagered $1 million on Bitcoin, breaking the $100,000 price point before its next halving, scheduled for March 2024. In a recent interview with Robert Breedlove, he discussed the reasons behind this bet and the factors affecting Bitcoin’s price trajectory.
The bet, initiated on Twitter, emerged during a discussion about the direction of Bitcoin’s price. Back noted that several external factors, including the impact of the COVID-19 pandemic, supply chain disruptions, the Ukraine conflict, and DeFi and altcoin challenges, have influenced Bitcoin’s price. He argued that these factors, often sensationalized by mainstream media, have hindered Bitcoin’s expected growth.
Back said that Bitcoin’s current price is below h
We współpracy z: https://coinpedia.org/bitcoin/btc-price-prediction-will-bitcoin-hit-100k-before-the-halving-event-next-year/
