Saturday, December 19, 2020 3:35:06 PM
Bitcoin’s coveted six-figure moonshot is considered a foregone conclusion by its most ardent supporters. What some have found shocking as of late is that many of the most bullish forecasts are coming from outside the BTC community.
Citibank has seemingly predicted a $318,000 BTC price next year, while Guggenheim has called for a $400,000 valuation. Meanwhile, JPMorgan says Bitcoin could soon receive a $600 billion catalyst, which would catapult prices sharply higher.
Meanwhile, CoinTelegraph reports that with Bitcoin derivatives trading on the rise, one platform is letting traders bet on a $100,000 BTC moonshot by Sept 2021.
Cryptocurrency derivatives platform Deribit is letting traders bet on a $100,000 Bitcoin price — and within a certain period, no less.
As of Thursday, Deribit users can bet on the flagship cryptocurrency reaching $100,000 via options contracts that expire on Sept. 24, 2021. The lofty strike price was established following a surge in daily trade volumes.
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