3 Things That Need to Happen for Bitcoin to Reach $200,000

At its recent price of about $106,000, Bitcoin (CRYPTO: BTC) is obviously a long way from $200,000. Still, given that the coin has gained more than 150% during the past 12 months alone, it isn't so outlandish to think about another bumper crop year.There's reason to believe such heights are not only possible, but also, in the long term, fairly probable. But three major things need to happen to increase the odds that Bitcoin hits the $200,000 mark. Let's take a look at each.Bitcoin, while no longer a speculative asset, is still one that many investors, especially those in major financial institutions, consider risky.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool