As all of us know that the crypto market has elevated considerably in value during this past decade, quite a few digital currency promoters have also started wondering how far the subsequent bull run will take them.
If you take the example of earlier price moves of Bitcoin, the recent three bull runs of the coin have seen entirely different price spikes and significant drops below 80%.
However, if Bitcoin’s next bull run tends to follow the previous pattern, it will potentially reach $160k per unit.
During writing, the whole cryptocurrency economy is hovering effectively above half of a trillion dollars with a mark of $538 billion.
The whole new 2020 crypto price boom has various crypto proponents in hand who wholeheartedly believe that the bitcoin bull run is now in session.
Currently trending at a worth peak of around $19,318.81 per coin, Bitcoin will shockingly cross the 2017 all-time high in a while.
Besides, many people still think that the coin might easily attain six digits in value by crossing the $100k zone in the coming days.
Recently, Bloomberg Intelligence’s senior commodity strategist Mike McGlone has mentioned in an interview that Bitcoin might add another zero to its tail within the next one or two years.
Additionally, a large number of Bitcoiners are discussing the coin’s price on Twitter and Reddit forums, saying that BTC may attain $100k or more.
The well-known You Tuber Colin Talks shared a chart showing that Bitcoin has experienced three bullish price periods like this earlier in 2011, 2013, and 2017. Colin also stated that he thinks BTC would solely go to $50k.