$100,000 has long been a popular Bitcoin (BTC) price target amongst cryptocurrency investors and analysts, but there is much debate as to whether or not this is a realistic target for the cryptocurrency.<\/p>\n
Although the calls for an imminent $100k Bitcoin keep pouring in, there is a limited number of events that could catalyze this type of movement, with the most imminent event being BTC\u2019s upcoming mining rewards halving.<\/p>\n
But the question remains, will the halving be enough to send the cryptocurrency\u2019s price skyrocketing to fresh all-time highs?<\/p>\n
2019 has proven to be a rocky year for Bitcoin<\/a> and the aggregated cryptocurrency markets, with Bitcoin incurring some bullish momentum<\/a> throughout the first half of 2019 before beginning a multi-month downtrend that has extended throughout the latter part of the year.<\/p>\n In spite of this bearishness, major figures within the cryptocurrency industry are all still setting relatively near-term price targets in the six-figure price region.<\/p>\n Anthony \u201cPomp\u201d Pompliano, the co-founder of Morgan Creek Digital and a prominent Bitcoin bull, recently noted that he believes BTC will be trading at $100k by December of 2021.<\/p>\n \u201cBitcoin Price At $100,000 By December 2021: Anthony Pompliano \u2013 CRYPTOS | Dec 09, 21:49 GMT,\u201d Jason Williams, the other co-founder of Morgan Creek Digital, noted in a recent tweet.<\/p><\/blockquote>\n Bitcoin Price At $100,000 By December 2021: CRYPTOS | Dec 09, 21:49 GMT<\/p>\n — Jason A. Williams (@GoingParabolic) December 10, 2019<\/a><\/p><\/blockquote>\n\n
Anthony Pompliano<\/p>\n