With the crypto community awaiting Bitcoin’s next price ATH, Blockroots CEO warns that they might be disappointed if they expect BTC to hit $100k or more.
Next Bitcoin Price ATH May Not be as High as Expected
Bitcoin has been a hot topic ever since it started a massive bull run in late 2017, which led the coin to its all-time high (ATH) at $20,000. As everyone knows by now, the coin saw a massive drop after that, eventually reaching only $3,200 as its lowest point in the last three years. After the bearish 2018, the following year started showing signs of recovery, taking Bitcoin price almost to $14k by June 22, 2019.
The coin then saw another drop, nearly cutting its price in half. However, the beginning of 2020 brought another surge that returned investors’ hope that this might be the year when BTC finally exceeds all previous milestones and goes as high up as to $100k, or more.
While this is a popular opinion, Blackroots’ CEO, Josh Rager, disagrees with it. Rager recently made his expectations known on Twitter, admitting that…