Introduction

Blockstream CSO and architect of the Bitcoin Bonds in El Salvador, Samson Mow predicts the BTC price hitting $100,000 by June as he shared in a recent tweet on Crypto twitter:

"Bitcoin $100k by June."

Despite the recent downfall of the cryptocurrency market, the projection of Bitcoin to cross the $100k threshold remains seen as a matter of time.

Back in December, Bloomberg Intelligence indicated that the anticipated mark would happen eventually "due to the economic basics of increasing demand vs. decreasing supply," and new data shed some light on that idea.

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