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Are You Prepared for a $100,000 Bitcoin?
The price of bitcoin is rising over time.
Are you prepared for a $100,000 bitcoin?
Are you prepared for $50,000?
Or, maybe just a $30,000–40,000 bitcoin?
If the answer is no, then you need to take a moment to consider what you will do, if anything, when bitcoin reaches unprecedented prices.
Bitcoin was created by Satoshi Nakamoto to empower the individual. It did that. Now, legacy financial players have entered the space and the stakes have changed.
2020 Set New Highs
Bitcoin recaptured the seemingly elusive $20,000 price point. It took three years, but it did it. And not just that — bitcoin crushed $20,000.
We’re waiting to see what bitcoin does next. It’s in price discovery mode as we enter the start of 2021. BUT, we witnessed it reclaim new all time highs, repeatedly, throughout December 2020.
$20K Significance
$20,000 is significant for a number of reasons.
Back in 2017, $20,000 was widely cited as the high.