Bitcoin
BTC$16 944.21

-0.17%

Ethereum
ETH$1 254.57

-1.43%

Tether
USDT$1.000139

0.01%

Binance Coin
BNB$288.80

-0.84%

USD Coin
USDC$0.999985

-0.01%

Binance USD
BUSD$1.000060

-0.04%

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 76.4% 45 $16 944.21 -0.17% 2.42% $325 736 924 893 BTC 7 days price change
2 Ethereum (ETH) ETH Ethereum predictions 75.6% 50 $1 254.57 -1.43% 3.44% $153 527 150 828 ETH 7 days price change
3 Tether (USDT) USDT Tether predictions 90.8% 1 $1.000139 0.01% 0.06% $65 505 304 169 USDT 7 days price change
4 Binance Coin (BNB) BNB Binance Coin predictions 70% 55 $288.80 -0.84% -7.63% $46 199 434 916 BNB 7 days price change
5 USD Coin (USDC) USDC USD Coin predictions 93.2% 1 $0.999985 -0.01% -0.02% $43 335 041 218 USDC 7 days price change
6 Binance USD (BUSD) BUSD Binance USD predictions 93.2% 1 $1.000060 -0.04% 0.03% $22 153 508 283 BUSD 7 days price change
7 XRP (XRP) XRP XRP predictions 76.4% 44 $0.388646 -1.37% -3.85% $19 533 505 869 XRP 7 days price change
8 Dogecoin (DOGE) DOGE Dogecoin predictions 65.2% 79 $0.102717 1.39% -0.50% $13 627 483 949 DOGE 7 days price change
9 Cardano (ADA) ADA Cardano predictions 66.8% 68 $0.319285 -1.43% 0.77% $10 999 202 382 ADA 7 days price change
10 Lido stETH (STETH) STETH Lido stETH predictions 96% 1 $2 941.39 -0.40% -3.32% $10 258 752 564 STETH 7 days price change
11 Polygon (MATIC) MATIC Polygon predictions 64.4% 69 $0.909708 -1.60% 6.22% $7 945 674 649 MATIC 7 days price change
12 Polkadot (DOT) DOT Polkadot predictions 71.2% 56 $5.52 -1.05% 2.48% $6 303 019 314 DOT 7 days price change
13 Dai (DAI) DAI Dai predictions 93.2% 1 $0.999449 -0.07% -0.05% $5 684 309 423 DAI 7 days price change
14 Litecoin (LTC) LTC Litecoin predictions 60.8% 77 $76.05 -1.02% -1.30% $5 457 208 638 LTC 7 days price change
15 Wrapped TRON (WTRX) WTRX Wrapped TRON predictions 71.6% 50 $0.053415 -1.25% 0.17% $5 431 033 047 WTRX 7 days price change

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