Bloomberg Predicts $100,000 as Bitcoin’s next stop ; But How Fast Will This Happen?

Despite the current volatility of the crypto market, strong bullish sentiments still exist, especially for Bitcoin. A recent analysis by Bloomberg, which also gives insight to Ethereum’s near term performance, is calling $100,000 as the next key threshold for the price of Bitcoin. The analysis is supported by the fundamentals and growing adoption of Bitcoin in the market that has placed Bitcoin in a unique position to surge to new highs. Meanwhile, the price of Bitcoin has been recovering from the dip in the last few days.