Forecasts for the BTC. What’s next for coin in 2021?
2020 is gradually coming to an end. It has been a difficult, long year, including for the crypto industry. However, the last month has significantly brightened the position of many digital assets. Judge for yourself: coins are becoming more expensive, trading volumes are steadily growing, and large companies and ordinary users are wondering what will happen to Bitcoin in 2021? Indeed, this is a pressing issue that needs to be discussed in advance, even before the first days of 2021. This is what we will do. As part of our new experimental column, we will look at the most popular opinions on the future of the coin. And we will compose the most objective overview of the Bitcoin outlook. So let’s get started.
Bloomberg: Bitcoin price will exceed 50 thousand dollars
Let’s start with the most optimistic, but therefore no less realistic, views on the first coin. According to Bloomberg, digital gold has the right potential to hit the $ 50K mark. Analysts of the digital market of this company believe that at the peak of the annual cost, the price tag will indeed reach similar values. However, experts admit the possibility of price fluctuations. In the range from 10 to the coveted 50 thousand dollars apiece. This is a lot of money, especially for the digital market. At the moment, experts say, Bitcoin is going through a very profitable consolidation. Between 19 and 20 thousand dollars, the first coin is gaining momentum.
As soon as the price tag stabilizes, the cryptocurrency may well move to steady growth. At the same time, the forecast promises a capitalization of up to one trillion dollars. Based on Bloomberg forecasts, these values could be the next achievement of Bitcoin in 2021. The time range varies somewhat, and the coin may reach a similar volume by 2022. But Bloomberg looks at things seriously, and therefore the publication’s view of cryptocurrency can be considered expert and worthy of attention.
Cindicator: 2021 will allow Bitcoin to reach the price of 29 thousand dollars
More specifically, experts see the potential for the first coin to reach the $ 29,569 mark. This specificity is due to a thorough analysis of the current and past positions of digital gold. Experts believe that the value of the coin will definitely fix at around $ 21,000 by the end of 2020. Then, perhaps after mid-December, there will be a slight decline, after which the coin will begin uncompromising growth. Experts believe that for 365 days in 2021, the maximum price tag of the first coin will easily fix at $ 32,000. Based on the data obtained using the company’s electronic intelligence, the value of digital gold will not fall below $ 16,000.
In terms of market capitalization, it is likely to surpass the $ 828 billion mark. As we can see, Cindicator are more cautious in their own forecasts, but they also have a positive and positive view on the outlook for BTC. Now we can summarize certain results.
Summary of forecasts
The two largest publications of the cryptoindustry, along with private analysts, are building positive forecasts for the first cryptocurrency. According to serious experts, digital gold is waiting for unconditional success, and in the shortest possible time. We also have no doubt about the growth of Bitcoin, but we remind you of the importance of careful, careful interaction with cryptocurrencies. Watch out for volatility and follow all the industry news with us. We publish only high-quality and interesting material. Thanks for attention. Good luck!
