Blockstream CEO Adam Back predicts Bitcoin (BTC) will surpass $100,000 before its 2024 halving event.
Currently, Bitcoin struggles to break the crucial resistance level of $30,000.
Still, BTC golden cross and moving averages hint at potential future price growth.
While Bitcoin (BTC) trading below $30K range, experts are pointing to bullish indicators that hint at the possibility of Bitcoin reaching an all-time high in the near future. Blockstream, a leading blockchain technology service provider, CEO Adam Back, one of crypto pioneers recently engaged in a million-dollar wager regarding Bitcoin’s price trajectory. He believes that BTC would reach $100,000 by March 31, 2024.
Blockstream CEO confidently predicted that Bitcoin will surge over $100,000 before the BTC halving event which is expected to happen in 2024. This wager was made in response to a challenge posed by X (formerly known as Twitter) user Vikingobbitcoin, who believes the milestone won’t be reached until 2025. Adam twe
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