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Question

Can bitcoin reach 100k?


Answers (1)

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Arsalan Afzal
Feb 13, 2022 05:39:06

It's possible that bitcoin could reach 100k, but there are a lot of factors that would need to come together for that to happen. For one, the world would have to be in a really bad place economy-wise. People would need to be looking for a way to store their money outside of the traditional financial system, and bitcoin would need to be seen as a relatively safe investment. Second, the technology underlying bitcoin would need to continue developing and evolving. The network needs to be able to handle more transactions at higher speeds, and new features (like smart contracts) need to be added in order to make it more useful as an everyday currency.

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