Crypto Rover: Bitcoin will cost $ 100,000 by the end of March

On Monday, March 11, the flagship crypto asset jumped above $ 72,000, setting a new all-time high. The Crypto Rover analyst is convinced that the main cryptocurrency will reach $ 100 thousand within the next 21 days.

Crypto Clover noted that as soon as bitcoin exceeds its all-time high (ATH), it usually reaches the 1,618 Fibonacci level, which is about $ 102,134, and the price is reached within 21 days. The strategist suggested that BTC holders «relax and watch the inevitable climb to the coveted $ 100,000 mark.»

The bullish momentum of bitcoin, Crypto Clover explains, can be largely attributed to the general acceptance and increased institutional interest caused by the large number of US spot exchange traded funds trading bitcoin ETFs launched in January.

This is not the first time that the flagship cryptocurrency has been predicted to grow rapidly to $ 100,000, as Michael van de Poppe, Robert Kiyosaki, and Alex Kruger have recently emphasized the same growth for bitcoin.