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Lindsay Lohan Predicts Bitcoin’s Rally to $100,000

January 15, 2021 at 21:17 by Mark Stevenson

This week was volatile for the cryptocurrency market. Bitcoin fell in price by a quarter and lost several hundred billion dollars in capitalization, but a few days later won back some of the losses. Analysts disagree as to where Bitcoin price will head next. However, market sentiment rather confirms the bullish outlook.

Lindsay Lohan predicts a new rally in the crypto market

American actress, Parent Trap star Lindsay Lohan has her own opinion on this. In a promotional video, she claims that Ethereum (ETH) will rise in price to $10,000 and Bitcoin (BTC) will skyrocket to $100,000 and invites her fans to take part in the rally. “This will happen on the way to the moon, where we will all go in our Lamborghinis,” says the Hollywood star.

I’m only here to say that Ethereum is heading towards $10,000 and Bitcoin is heading towards $100,000. Enjoy a successful 2021 and I hope you all ride the moon in your Lamborghinis.

The video was made on the Cameo video postcard service, where you can order a congratulation or an appeal from a celebrity or a media personality. Some people use it to promote their products and services.

Is the $100,000 Bitcoin price forecast unrealistic?

Let’s go back to the price levels announced by Lohan. $100,000 is a nice, round number, but it is quite achievable given that Bitcoin has tripled in price in just a few months. At around 20:56 GMT, Bitcoin is trading at around $35,600, down 11.43% in the last 24 hours. 

However, in addition to media attention and price dynamics, as well as the inflow of institutional investors, political factors support the growth of Bitcoin. For example, the next chairman of the US Security Exchange Commission (SEC), Gary Gensler has taught blockchain at the Massachusetts Institute of Technology, and the head of the Office of the Comptroller believes DeFi is the future of banks.

Read also: Will Bitcoin Price Rally to $146,000? JPMorgan Thinks So

The value of one bitcoin has doubled before — in recent times. In this context, the growth by one and a half times — up to $100,000 — does not look like an unrealistic forecast.

If you have any questions and comments on Bitcoin today, use the form below to reply.

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