The complete market capitalization of bitcoin is near $200 billion and its market strength keeps on continuing above 62%. This is a positive sign. It demonstrates that market members anticipate that the rally should proceed, consequently, they are in no hurry to book benefits even after a 300% rally from the lows in 2019.
Anthony Pompliano — fellow benefactor of Morgan Creek Digital Assets — accepts that bitcoin's dividing, worldwide shakiness and acknowledgment of the top cryptographic money as a place of refuge will drive its cost to $100,000 before the finish of 2021.
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