Economy

Zero to $ 318,000: Supporters and opponents offer a variety of Bitcoin price predictions for 2021

While Bitcoin jumped well above the $ 26,000 area, a number of cryptocurrency supporters are extremely optimistic about the performance of crypto assets in 2021. Over the past year, a number of critics, experts, speculators and speculators have predicted Bitcoin’s 2021 post-digital value. The coin had an exceptional year in 2020.

2021 Bitcoin price forecast

On December 26, 2020, the price of Bitcoin (BTC) Well climbed up 26 thousand dollarsThe cryptocurrency had a great year in the midst of a crazy global economy. Since then BTC Starting to gain popularity, a number of people tried to predict the future price of the pre-coded asset. In 2020, expectations were not different and many individuals provided their predictions about the future value of Bitcoin and the price it might be in 2021. For example, BTC Over the course of the year, researchers from finder.com polled 47 cryptocurrency experts on their forecasts for 2021.

The finder.com survey has also been completed before BTC It crossed the $ 20,000 zone, and most respondents (58%) said the uptrend will continue until at least the second half of 2021. The surveyCommission members expect a price BTC It will more than double by the end of 2021. Participants in the Finder.com survey predicted an average price of $ 51,951 per Bitcoin as well. Although 52% of committee members expected bitcoins (BTCIt will see a steep decline after the peak in 2021.

In mid-November, billionaire investor and founder of Galaxy Digital Mike Novogratz Predicted Bitcoin (BTC) It could reach $ 65,000 in 2021. Novogratz predicted this price range when he named the “Game of Thrones” star. Maisie Williams some advices. “I bought more BTC Last night, at 15800, “Novogratz tweeted.” It’ll be 20,000 W. To 65 thousand. Network influence dominated. I see a lot of new buyers and there is very little in offer. It’s an easier trade here than 11 thousand. Williams stressed at the time, yeah, buy it.

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Zero to $ 318,000: Supporters and opponents offer a variety of Bitcoin price predictions for 2021

analyst Mike McGlone From Bloomberg I also anticipated some future Bitcoin (BTC) Prices and He said By 2022, BTC It can take advantage of 170 thousand dollars. “The main thing about Bitcoin this year is very simple – it only added one on top of the number,” said McGlone. “Remember, it was around $ 7,000 at the end of last year. What worries me – if you look at past performance, which is potentially an indication of the future, the next year or two might add a zero to the back of the number.”

By the end of 2021, BTC It will trade at $ 318,000, according to prediction From Citibank analyst Tom Fitzpatrick. Fitzpatrick said BTC Possibly “unimaginable rises, followed by painful corrections”. Moreover, Citibank’s CEO said that Bitcoin is the new gold with fewer restrictions. “Gold has limitations like storage, is not mobile, and can even be called“ yesterday’s news ”in terms of a financial hedge. Fitzpatrick insisted that Bitcoin is the new gold.

This summer, Blockfyre’s co-founder, crypto-analytics, Simon Dedic, Predicted that BTC It will reach 150 thousand dollars. “In 2017, you could literally buy any of them [altcoin] And it was a good investment. “This will not happen again in the IMO,” said Didditch. “Nevertheless, I still think the uptrend will return with an injection of a little more strength [altcoins] There. ”Dedic’s summer tweet predicts a number of price predictions including ETH (9 thousand dollars), link (200 dollars), BNB ($ 500), VET ($ 1), XTZ (200).

During May 6, 2020 InterviewMark Yusko, CEO of capital management giant Morgan Creek, predicted that Bitcoin could easily reach $ 100,000 in 2021 or 2022. During the debate, Yusko also insisted that the bitcoin price could reach $ 400,000 to $ 500,000 as well. Yusko stated at the time: “If we find the equation for gold, which means that the market value of Bitcoin is equal to the market value of gold, which I think makes perfect sense, you can easily see the price between $ 400,000 and $ 500,000. [at] Some [point in time]. “

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From zero to six numbers

Not everyone is so excited about the future value of Bitcoin, like this financial columnist researching Alpha Anton and Alman Bitcoin is believed to be worthless And it will go to zero. Woolman’s recent editorial insists, “Sometimes there is something so ridiculous that you hardly know where to start stirring up an argument.” “Because it is so clear and clear that it should not be explained. Bitcoin and similar cryptocurrencies are such a case,” Wollman added.

Zero to $ 318,000: Supporters and opponents offer a variety of Bitcoin price predictions for 2021

The Times UK financial contributor Oliver Cam He told his readers “Cryptocurrencies are a fad that is best avoided, despite Paypal accepting bitcoin.”

Cam Matthew wrote: “Cryptocurrencies do not belong to your wallet.” BTC It traded for $ 12,931 a unit. “The reason is that you can’t value them. An asset that doesn’t even pay a hypothetical flow of cash – like bonds, that pay interest, stocks that pay dividends, or properties that provide rental income – are just gambling. By all means, get involved in it,” It’s like kicking a roulette wheel, for recreation, but be prepared to lose your share entirely, ”added Cam.

The price model constructor is called Stock flow Whoever uses the Twitter name “Plan B” thinks the price of Bitcoin (BTC) Can reach $ 100K by December 2021. “The current bitcoin price action is nice, but we are waiting for a real jump (like red arrows in early 2013 and 2017). IMO that will be the start of a true bull market, and in fact the fifth phase. January 2021?” Plan B tweeted on November 22.

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Overall, there is a lot of bullish expectations from supporters and of course critics believe that the cryptocurrency’s asset remains worthless. A number of experts, executives, and critics have forecast six-figure pricing including a RT host Max KeizerNicholas Merten, venture capitalist Tim Draper, Pantera Capital’s crypto analyst, and Morgan Creek CEO Anthony Pompliano. And there will likely be critics as well, such as economist and hedge fund manager Mike Dow chirp Earlier this year, “Bitcoin ended. # Rest in Peace.”

What do you think of the eight Bitcoin price predictions for 2021? Let us know what you think about these expectations in the comments section below.

The signs are in this story

2021And the AltcoinsAnd the Anton WallmanAnd the BitcoinAnd the Bitcoin priceAnd the BTCAnd the BTC priceAnd the CryptocurrencyAnd the Maisie WilliamsAnd the Marc JoscoAnd the Markets and pricesAnd the Mike McGloneAnd the Mike NovogratzAnd the Oliver CoombeAnd the Price forecastAnd the Simon DydekAnd the Tom Fitzpatrick

Image credits: Shutterstock, Pixabay, WikiCommons

DisclaimerThis article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, recommend or endorse any products, services or companies. Bitcoin.com It does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss resulting or alleged to be caused by or in connection with the use or reliance on any content, goods or services mentioned in this article.

Thelma Binder

"Explorer. Devoted travel specialist. Web expert. Organizer. Social media geek. Coffee enthusiast. Extreme troublemaker. Food trailblazer. Total bacon buff."

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