Will Bitcoin price reach 100k by 2021?

in hive-119367 •  3 years ago 

This question is one of the most favorite for all Crypto enthusiasts.. Did you make any predictions already? Did you do your own research? Do you plan to “Hodl” bitcoin? Or you are currently “hodling” but curious about the price, how high it can reach? If you are planning to invest in Bitcoin and want to know the future prospects, then you have landed on the right place.

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BTC Price Prediction 2021

In 2021, BTC is expected to receive exponential growth. By the end of the year, Bitcoin price is expected to trade around $70,000 to $80,000 and another small yet strong consolidation may be on the cards before the next leg up.

Bitcoin Price Prediction 2022

Bitcoin is expected to start the yearly trade somewhere above the levels around $65,000 and at the higher end, the price may begin with $75K to $80K. However, after attaining such high levels, the price may enter the correction phase or consolidate itself for a slightly more time than the normal. Yet the bullish momentum may be intact to propel the price above $100K.

Price Prediction For The Next 5 Years

Will Bitcoin price go up? Bitcoin (BTC) is a very good long-term (1-year) investment. The Bitcoin price can go up from 6702.160 USD to 8386.730 USD in one year. The long-term earning potential is +25.13% in one year.

According to present data, the Bitcoin market environment potentially has been in a bullish cycle in the last 12 months. However, BTC price prediction to be in a positive trend in the future and might be good for investing. Many experts hope the price to smash and sustain above $150K in the coming days. However, the price may rally hard with extreme positive market sentiments.

On the contrary, the price may be impacted only when the Country’s governments bring out some regulations or implement huge taxes. In such a case, the price may slash down, yet may recover very soon.

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