While speaking to news outlet KLTA on January 3, 2021, CEO of Binance U.S, Catherine Coley said that the current bitcoin run could end up in $100K by the end of 2021.
Her opinion on Bitcoin is, In less than a month, the price surged from $19,000 to $34,000. This happened may be due to an increment in the number of investors interested in cryptocurrency assets. Coley said.
However, she expressed this bull run as an “Accelerated” rally based on the previous bull run (in 2017) which was a huge increment more than a year after the halving in July 2016.
“Where maybe we thought maybe $50,000 made sense, this number is definitely going to be a little bit higher than that in my opinion, I think we’re going towards $75,000 to $100,000 for Bitcoin by the end of 2021”