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Bitcoin at $100000 in 2021? Outrageous to some, a no-brainer for backers

Bitcoin at $100,000 in 2021? Outrageous to some, a no-brainer for backers

NEW YORK (Reuters) – Bitcoin investors, which include top hedge funds and money managers, are betting the virtual currency could more than quintuple to as high as $100,000 in a year. It’s a wager that has drawn eye-rolls from skeptics who believe the volatile cryptocurrency is a speculative asset rather than a store of value like gold.