Finance insider: Bitcoin will reach $30,000 during this rally

Finance insider: Bitcoin will reach $30,000 during this rally

Teodor Stig-Matz

According to the financial heavyweight Mark Yusko, the bitcoin price may reach as high as $100,000 in 2021.

The bitcoin price has had a good start to the week and is approaching $13,000.

Now, a real heavyweight in the financial industry has revealed where he believes the world’s biggest cryptocurrency may end up at the end of this rally.

May reach dream limit in 2021

Investment adviser Morgon Creek Capital’s CEO Mark Yusko says he believes bitcoin will reach $30,000 in the near future.

“[This rally] will probably take us into the $30,000 level before we get another little correction,” he told CNBC, adding that bitcoin may reach $100,000 as soon as 2021.

Bitcoin’s upward rally has even had a positive impact on its competitors. Some altcoins have gone up as much as five percent, Cointelegraph reports.

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