- Bitcoin price broke $ 26,000 on Saturday, December 26 at around 20.15 CET, according to data from TradingView. Following this historical move, leading names of the industry started to share their new predictions.
BTC, which recorded an impressive performance on Christmas day and on the weekend, exceeded $ 25,000 three hours ago. The cryptocurrency was able to break $ 26,000 in just 185 minutes.
Is it a coincidence that we broke $ 26,000 on December 26?
Co-Founder and Partner of Morgan Creek Digital Assets
Anthony Pompliano shared a new tweet as the cryptocurrency crossed this historical point. Pomp wrote the following post about the $ 26,000 break on December 26:
$25,500 already. You psychos are really going to try to take out $26k on the 26th aren't you?! Wow
— Pomp 🌪 (@APompliano) December 26, 2020
Tim Draper: “In a few years the price of Bitcoin will increase 10 times.”
Just seven minutes before the Bitcoin price set a new ATH, legendary American tech investor Tim Draper predicted that the Bitcoin price will be about 10 times the current price at the end of next year or early 2023. Draper is known as an early investor in several unicorn companies. He had invested in Hotmail, Skype, Tesla, SpaceX and Twitter years ago.
Meltem Demirors: “Deribit’s latest move is supportive of the rise.”
Meltem Demirors, Strategy Director (CSO) of digital asset investment firm CoinShares, believes crypto derivatives exchange Deribit’s launch of BTC options contracts with a transaction price of $ 120,000 is an extremely bullish move.
Lark Davis: “We will reach $ 100,000 sooner than expected.”
And finally, crypto analyst Lark Davis said earlier today that he believes the Bitcoin price could reach $ 100,000 by the end of next year.