The recent Bitcoin bull run has shown everybody why this cryptocurrency is still considered the most popular in the whole world. At the time of writing, the price of BTC is $39,643 per unit, with a market capitalization of $741.85 Billion. Even if the crypto rankings have changed a lot over the past few months, Bitcoin has remained the absolute leader.
In this article, we will be talking about the Bitcoin price prediction for the end of 2021. Bitcoin is a highly volatile crypto, which means that a definite prediction is impossible. However, there are trends that we can follow in order to see where BTC is going. We will also be looking at what is going to happen with this cryptocurrency in the near future in terms of investment. One thing is clear if you are thinking of buying BTC or have already invested in it, you are on the right path to success.
Bitcoin price prediction for the end of 2021
When it comes to the rest of 2021, there are many crypto experts who have made very ambitious and positive predictions for Bitcoin. It seems that its bull run is far from over. Moreover, according to some experts, the crypto might go full force into a brand new bull run and hit a series of all-time highs sooner than expected. The BTC price might skyrocket once more and it might happen a lot quicker than the February predictions noted.
Before this year is over, the price of Bitcoin might reach between $100,000 and $325,000. This means that its growth rate would be more than 100%. Should this actually be true, Bitcoin would become the first-ever crypto to have six figures. In fact, this prediction is based on the bull run that took place back in 2017 and 2018.
Where will Bitcoin go at the end of 2021?
Other voices claim that Bitcoin might not reach the price of $100,000. However, the predictions are still positive in the sense that BTC might reach an all-time high before the end of this year. An average price of $80,000 is expected, which is still incredibly good. For example, for the end of December this year, the minimum price of BTC could be $66,822. The average price could be $73,559, while the maximum price might get close to $80,740.
It’s worth noticing that these predictions are not only positive but they also don’t involve the BTC bull run coming to an end. There is also a visible lack of volatility in these numbers, which is, again, very good news for investors. Of course, there are many other professionals that don’t see Bitcoin’s volatility slowing down anytime soon. This is obviously a matter of perspective and the ability to foresee certain future movements when it comes to this industry.
All in all, most Bitcoin predictions are positive and encouraging for people who want to start investing in this crypto. This is also good news for those who have already invested in BTC and are hoping to make a profit soon.
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