Crypto investor and analyst Lark Davis, who has three quarters of a million followers on Twitter, made a forecast for the bitcoin rate.
He said that soon we are waiting for an update of the absolute maximum value of the main cryptocurrency in the world. According to Lark Davis, the $ 69,000 bitcoin has grown to recently is far from the limit. Already within the current growth cycle, the cryptocurrency should rise to the level of 100 thousand dollars.
It is noteworthy that an equally well-known analyst in the crypto community PlanB, whose posts on Twitter are followed by 1.6 million subscribers, calls the exact same rate of 100 thousand dollars. Both analysts are confident that this level will be taken very soon.
In the summer, Lark Davis stated that Bitcoin is still at the beginning of its life. Bitcoin will compete with gold’s market capitalization this decade, he said. In the end for one bitcoin will give 550,000 dollars.
At the moment, the bitcoin rate is about 57 thousand dollars.