Trading history presented is less than 5 years old unless otherwise stated and may not suffice as a basis for investment decisions. Despite volatility, Bitcoin has managed to make a significant uptrend, as in 2020, it was trading at $28,000, compared to the current $69,000. Unless otherwise indicated, the use of third party trademarks herein does not imply or indicate any relationship, sponsorship, or endorsement between Good Financial Cents and the owners of those trademarks. Are Roth IRA Contributions Tax Deductible? Matt Hougan, chief investment officer of Bitwise Asset Management, in an October interview with Bloomberg TV said that bitcoin could hit that $100,000 mark in 2022. Fluctuations occur all the time, and when the market goes down, the majority of the people purchase Bitcoin, which saves them money otherwise. Best Platforms To Invest $100 In Bitcoin On, the crypto market can be a bit more volatile, 7 Best Ways Of Investing To Beat Inflation, Cosmos (ATOM) Price Prediction 2022-2030: Expert Analysis & More, Ontology (ONT) Price Prediction 2022-2030: The Most Realistic Analysis, 10 Day Trading Books That Will Up Your Game. From the time between the first and second halving, Bitcoin ascended the most in its history, an astounding 5,300%. There have been speculations that the price of Bitcoin will increase to over $100,000. Some people try Bitcoin out with a lower amount to see if it is good for them, and others invest higher amounts. On the positive side, BTC continues to make new gains, which means that such highs can be created. For young people or first-time investors, this makes tracking the progress of your investment that much easier to comprehend and sets the stage for what the investing experience is like. This number represents a huge increase from the 30,000 per day transactions in 2016. When asking yourself, "What if I invest $100 in bitcoin today?". //