Analyst: The crypto market has not yet reached its maximum cycle, at which time BTC will reach $ 100,000

Cryptocurrency analyst Nicholas Merten said the bitcoin and altcoin markets are just getting started. In the latest episode of Datadash, Merten said that he believes that Bitcoin will reach $ 100,000 in the next cycle, and as Bitcoin breaks through its previous high of about $ 20,000, it will gradually enter the mainstream market. Merten said: "My idea is that bitcoin and other cryptocurrencies have not yet experienced the largest cycle. This asset class is truly introduced from a niche community into the broad retail institution world (in this case, retail Refers to everyone), how can we expect to see this happen in the next two to three years? It is important to understand that when it comes to watching Bitcoin, there are many misunderstandings. Many people pay attention to Bitcoin Price, they think it cannot be higher than it is now. This is a big misunderstanding, because you should never focus on the price. If the price goes up, that's fine. It means your investment is going up. But the problem is, You have to consider the so-called market value. "