Fidelity’s Wainwright: Bitcoin May Reach $200K Much Faster Than $100K
Fidelity’s Zack Wainwright says bitcoin took nearly 16 years to hit $100,000, while the next $100,000 move could come much faster.
BTCUSD
Zack Wainwright of Fidelity noted that bitcoin took nearly 16 years to cross the $100,000 mark. He argued the climb to $200,000 could play out much more quickly.
Bitcoin is already up nearly 50% from its June low near $58,000, according to Wainwright. The comments highlight a faster repricing argument, though no specific timeline for $200,000 was provided in the post.
Source: Cointelegraph
