Bitcoin has now been above $10K for a whole year
While attention focuses on $100,000, few remember that BTC/USD has now been in five figures for over 365 days. Bitcoin (BTC) has now traded above $10,000 for an entire year, as expectations demand $100,000 before the end of 2021. While hodlers impatiently wait for new all-time highs, BTC price action is celebrating the first of what is likely many anniversaries. On Thursday, BTC/USD officially hit 365 days trading in five figures.
A year ago, on Sept. 9, 2020, the largest cryptocurrency slowly eased into the $10,000 zone, never to return. A month later, it was only $1,000 higher, but fast forward to the end of Q4 2020, and the situation was entirely different — Bitcoin traded at $28,000.
The transformation is widely anticipated to repeat itself this year. As Cointelegraph reported, even a “worst case scenario” for BTC/USD is $135,000 by Jan. 1, 2022. Even legacy finance has come round to the concept of bullish continuation, notably this month in the form of Standard Chartered, which forecast a cyclical top of $100,000 this year. Zooming out, the predictions get even higher. Cathie Wood, founder, CEO and chief investment officer of Ark Invest, believes that Bitcoin will hav hit $500,000 by 2026.
Hodlers “unfazed”
At the time of writing, BTC/USD was hovering at $47,500, having beaten out what some feared would be solid resistance overnight. With profitable days, as ever, accounting for 99.9% of Bitcoin’s lifetime, few bearish voices were audible from within cryptocurrency circles five months after its most recent all-time highs.
“Despite a 50%+ sell-off experienced in May, a strong rally from the $29k lows, and now another sharp sell-off this week, HODLers appear unphased,” analytics firm Glassnode summarized in its latest weekly newsletter.
As Cointelegraph additionally noted, long-term holders now account for more of the BTC supply than at any point since before the main part of the bull market began in October. Exchange reserves, meanwhile, are at their lowest since February 2018.
Top Cryptocurrencies with Price Predictions
| # | Crypto | Prediction | Accuracy | CVIX | Price | 24h | 7d | Market Cap | 7d price change | |
| 1 |  BTC |
Bitcoin predictions | 95.6% | 2 | $26 889.42 | 1.99% | 1.21% | $524 310 325 162 |  |
|
|---|---|---|---|---|---|---|---|---|---|---|
| 2 |  ETH |
Ethereum predictions | 90.8% | 5 | $1 650.74 | 2.84% | 3.91% | $198 478 152 971 |  |
|
| 3 |  USDT |
Tether predictions | 93.6% | 1 | $0.999955 | 0.08% | 0% | $83 272 842 471 |  |
|
| 4 |  BNB |
Binance Coin predictions | 92% | 4 | $214.70 | 1.20% | 1.50% | $33 030 424 118 |  |
|
| 5 |  XRP |
XRP predictions | 88.4% | 9 | $0.510427 | 2.17% | 0.06% | $27 212 086 699 |  |
|
| 6 |  USDC |
USD Coin predictions | 93.2% | 1 | $1.000039 | 0% | 0.01% | $25 590 467 629 |  |
|
| 7 |  STETH |
Lido stETH predictions | 95.6% | 1 | $2 941.39 | -0.40% | -3.32% | $10 258 752 564 |  |
|
| 8 |  WTRX |
Wrapped TRON predictions | 84.4% | 24 | $0.088655 | 3.98% | 6.67% | $9 014 096 765 |  |
|
| 9 |  ADA |
Cardano predictions | 92.4% | 6 | $0.250264 | 2.34% | 2.20% | $8 791 380 177 |  |
|
| 10 |  DOGE |
Dogecoin predictions | 93.6% | 5 | $0.061430 | 1.36% | -0.17% | $8 673 848 320 |  |
|
| 11 |  SOL |
Solana predictions | 87.2% | 20 | $20.19 | 4.78% | 3.31% | $8 336 099 498 |  |
|
| 12 |  TRX |
TRON predictions | 87.2% | 22 | $0.087251 | 2.02% | 4.97% | $7 772 636 407 |  |
|
| 13 |  TON |
Toncoin predictions | 59.2% | 84 | $2.21 | 3.04% | -4.14% | $7 584 120 041 |  |
|
| 14 |  DAI |
Dai predictions | 93.2% | 1 | $0.999735 | -0.01% | 0.01% | $5 346 471 546 |  |
|
| 15 |  DOT |
Polkadot predictions | 88.4% | 7 | $4.07 | 1.85% | 1.21% | $5 003 217 488 |  |
