Bitcoin price LIVE – Crypto stock price ‘to SKYROCKET to new highs’ after ‘crash’ as Jack Dorsey builds ‘mining system’

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BITCOIN is being forecast to hit ‘new highs’ this year, despite a rough start to 2022.

Some experts think Bitcoin could hit a target value of $100,000 despite its recent vulnerability and the doubt now surrounding it.

Hong Fang, the CEO of cryptocurrency exchange OKCoin, recently told CNBC: “I still believe that the 100,000 price point is reasonable.

Gavin Smith, CEO of Panxora, also said he expects a big bounceback for the coin, according to CoinDesk.

It comes as ex Twitter CEO Jack Dorsey announced his new company is working on building an “open Bitcoin mining system”.

Read our Bitcoin live blog for the latest news and updates…

Source: The Sun

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