Bitcoin price predictions of $100,000 or more have become increasingly common over the past year. That may have seemed absurd a year ago, when the price of Bitcoin was just $1,200. But now, a Bitcoin price of $100,000 is more than just a dream. In fact, an increasing number of experts are convinced it will happen. Saxo Bank global macro strategist Kay Van-Petersen thinks it could happen as early as the end of 2018 due to the inflow of institutional money. "We'll get a cascade of ETFs, mutual funds and other investment vehicles breaking out," he told Bloomberg in December. Van-Petersen is no stranger to bold Bitcoin predictions. In December 2016, when Bitcoin was trading at $750, he predicted it would rise to $2,000 within a year. The Bitcoin price hit $2,000 less than six months later. Olga Feldmeier, CEO of the fintech firm Smart Valor, also has a $100,000 target BTC price, although there's a slightly longer time frame. Feldmeier suggested that a...
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