Bitcoin
BTC$61 094.59

-2.69%

Ethereum
ETH$3 996.92

-2.91%

Binance Coin
BNB$480.54

0.95%

Cardano
ADA$2.15

-0.34%

Tether
USDT$0.999909

-0.02%

Solana
SOL$197.93

-1.13%

From $318K to $0: Bitcoin price predictions for 2021


18 Mar 2021

#Bitcoin

The Stock-to-Flow (S2F) model created by PlanB is one of the most well-known price prediction apparatuses in the Bitcoin space. It forecasts the long-term price trend of Bitcoin by weighing two main factors: the amount of BTC in existence (the stock) versus the amount of newly mined coins entering the market (the flow).

Thus far, the model has been eerily accurate. Bitcoin closed February 26% above the model’s projected price and remains on pace to hit the model’s end-of-year target of $288K. With Bitcoin currently trading at around $56K, it would need to increase over 400% between now and December.

Anthony Pompliano of Morgan Creek Digital and Dan Morehead of Pantera Capital haven’t set their sights on $200K for 2021, but that doesn’t mean they are bearish. They both believe Bitcoin will close the year above $100K, which would be double the current price.

In a recent interview with Cointelegraph, Pomp noted: If all of a sudden only about 8 million Bitcoin are available and all this demand is showing up, you are going to have a pretty aggressive price increase.

The naysayers

Wherever there are bulls, there are also bears. Peter Schiff is one of the most outspoken Bitcoin critics in the crypto space. He believes Bitcoin is a pumped-up bubble that will eventually lead most investors to financial ruin. According to him, it’s only a matter of time before it all comes crashing down to zero.

In an interview, Schiff said: It doesn’t matter that the price has gone up. [...] Eventually, the supply of fools will run out and the biggest fool ends up being the bag holder.

Eyes on the prize

Who would have thought the day would come when $100K, or even $200K, Bitcoin price predictions are considered moderate? Well, today may finally be that day. Unconfirmed reports say Citibank have set their sights set on even higher price targets for 2021.

And that's just in the short term. As Bitcoin's price rises, so do the long-term forecasts. Frank Holmes of US Global Investors and Scott Minerd of Guggenheim Investments both believe half a million dollars is within reach in the coming years.

But there's one price prediction that trumps them all. Microstrategy CEO Michael Saylor foresees Bitcoin sucking up 'monetary energy', which would propel it to an unthinkable price:

In theory, all monetary energy that's simply looking for a store of value/safe haven index should presumably drain out of real estate, cash, stocks, and bonds into the Bitcoin network.


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Top Cryptocurrencies with Price Predictions

# Crypto Prediction Accuracy CVIX Price 24h 7d Market Cap 7d price change
1 Bitcoin (BTC) BTC Bitcoin predictions 60.8% 76 $61 094.59 -2.69% -0.50% $1 151 720 833 707 BTC 7 days price change
2 Ethereum (ETH) ETH Ethereum predictions 72% 57 $3 996.92 -2.91% 4.01% $471 785 264 160 ETH 7 days price change
3 Binance Coin (BNB) BNB Binance Coin predictions 68.8% 60 $480.54 0.95% 1.76% $80 155 230 907 BNB 7 days price change
4 Cardano (ADA) ADA Cardano predictions 88% 12 $2.15 -0.34% -2.98% $70 883 614 519 ADA 7 days price change
5 Tether (USDT) USDT Tether predictions 94.8% 1 $0.999909 -0.02% 0.08% $69 567 802 919 USDT 7 days price change
6 Solana (SOL) SOL Solana predictions 72.8% 55 $197.93 -1.13% 23.77% $59 541 620 156 SOL 7 days price change
7 XRP (XRP) XRP XRP predictions 73.2% 51 $1.092040 -0.99% -4.01% $51 267 312 972 XRP 7 days price change
8 Polkadot (DOT) DOT Polkadot predictions 64.8% 79 $44.08 1.43% 0.08% $43 532 326 968 DOT 7 days price change
9 USD Coin (USDC) USDC USD Coin predictions 94.4% 1 $1.000226 0.01% 0.09% $32 407 316 173 USDC 7 days price change
10 Dogecoin (DOGE) DOGE Dogecoin predictions 70.4% 57 $0.244354 -0.30% 3.25% $32 206 068 433 DOGE 7 days price change
11 Terra (LUNA) LUNA Terra predictions 67.6% 65 $43.89 4.32% 18.40% $17 625 054 018 LUNA 7 days price change
12 UniSwap (UNI) UNI UniSwap predictions 74% 47 $25.68 -3.26% -0.73% $15 705 167 358 UNI 7 days price change
13 Avalanche (AVAX) AVAX Avalanche predictions 70.4% 64 $66.07 3.75% 18.04% $14 555 166 771 AVAX 7 days price change
14 Wrapped Bitcoin (WBTC) WBTC Wrapped Bitcoin predictions 66.4% 75 $61 091.83 -2.81% -0.46% $13 506 978 750 WBTC 7 days price change
15 Litecoin (LTC) LTC Litecoin predictions 70.8% 57 $192.37 -3.89% 0.97% $13 236 281 618 LTC 7 days price change

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