Bitcoin price may reach USD 450,000 in 2021, USD 135,000 is the “worst case scenario”-PlanB


Bitcoin (Bitcoin) By the end of 2021, the transaction price may reach a jaw-dropping $450,000, and $135,000 will be the “worst-case scenario”.

This is according to analyst PlanB, who on June 20 Released His latest sentimental destruction is bullish on BTC price predictions.

Bitcoin will hit a record high in October

As we all know, PlanB is the creator of the stock-flow Bitcoin price prediction model repeatedly Market sentiment has reversed in recent weeks and months.

Even though BTC/USD has seen the lows of the past few months retested many times, the analyst and his model are still determined to set a brighter medium-term goal for the largest cryptocurrency.

Now, even in Bitcoin’s “worst case” scenario, its August transaction price is still $47,000. A slight reversal in September set the minimum target for the month at $43,000, followed by $63,000 in October—close to the current all-time high.

Then things started to heat up, the amount on the card was 98,000 USD in November, and it will reach 135,000 USD by the end of the year.

The “worst case” forecast of the BTC/USD stock flow model as of June 20. Source: PlanB/Twitter

As a result, Bitcoin is still four months away from reaching its all-time high again-nonetheless, this prediction still beats some bearish models currently circulating among traders.

These include Josh Rager, who this week claim $64,500 is likely to be the highest point of this price cycle-this is specifically proposed by PlanB give up On multiple occasions.

“Wait until you see my basic situation and the best situation! Okay, hint: the best situation is $450,000 in December,” he Add to When commenting on Bitcoin’s capabilities in 2021.

Kiyosaki waiting for $24,000 to buy

As Cointelegraph ReportAt the same time, there was a problem with Bitcoin over the weekend.

At the time of writing, Bitstamp had a low of $33,337 last Sunday, and BTC/USD fell 5% that day and reversed most of the previous week’s gains.

The demand for further decline from various sources is increasing. Robert Kiyosaki, the author of “Rich Dad and Poor Dad”, is the latest high-profile voice.

“The biggest bubble in the history of the world is getting bigger and bigger,” he said caveat Regarding the overall macro market climate on Saturday.

“The biggest crash in world history is coming. Buy more gold and silver. Wait for Bitcoin to fall to $24,000. The best time to crash and get rich. Be careful.”

Such an event will echo in March 2020. Commentators continue to notice that the stock market continues to hit all-time highs, regardless of when noise From the Central Bank.