BITCOIN is set to reach “new heights” this year, despite a rocky start to 2022.
Some experts believe that Bitcoin could reach a target value of $100,000 despite its recent vulnerability and the doubt surrounding it now.
Hong Fang, CEO of cryptocurrency exchange OKCoin, recently told CNBC, “I still believe that the price of 100,000 is reasonable.
Gavin Smith, CEO of Panxora, also said that he expects a big bounce for the coin, according to CoinDesk.
It comes as experts say Hut 8 Mining’s “balance sheet-focused mindset will appeal to would-be Bitcoin miners.”
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the-sun : Bitcoin Price LIVE – Crypto Stock Price ‘to SKYROCKET’ After ‘Crash’ As Hut 8 Mining Becomes First Company To Balance Sheet