Bitcoin to hit $100k in 6 months, but this sector could ‘go parabolic’ and beat it – Florian Grummes

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Bitcoin gets on track to hit $100,000 in 6 months' time, claimed Florian Grummes, handling director of Midas Touch Consulting, that advises that in the short-term, the rate might pull back much more.

Speaking to David Lin, anchor for Kitco Information, Florian claimed investors must await a pullback to the $34,000 to $38,000 range before another rally resumes.

Nonetheless, there is one equity field that might surpass Bitcoin by the end of the year.

Follow David Lin on Twitter: @davidlin_TV ()
Follow Florian Grummes on Twitter: @FlorianGrummes ()

0:00 – Bitcoin to $100k.
3:46 – What drove the recent rally?
5:35 – What happens after $100k?
7:15 – Crypto Winter months.
10:50 – Crypto hacking.
14:23 – Gold.
18:00 – What could defeat Bitcoin?

#Bitcoin #gold #trading.
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