{"id":199918,"date":"2021-03-11T21:00:00","date_gmt":"2021-03-11T18:00:00","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/from-318k-to-0-bitcoin-price-predictions-for-2021\/"},"modified":"2021-03-11T21:00:00","modified_gmt":"2021-03-11T18:00:00","slug":"from-318k-to-0-bitcoin-price-predictions-for-2021","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/from-318k-to-0-bitcoin-price-predictions-for-2021\/","title":{"rendered":"# From $318K to $0: Bitcoin price predictions for 2021"},"content":{"rendered":"

“# From $318K to $0: Bitcoin price predictions for 2021 <\/strong>”
\n<\/p>\n

What highs (or lows) could Bitcoin reach by the end of the year? <\/a>Watch Cointelegraph\u2019s latest video to find out<\/a>!<\/p>\n

The moderates<\/strong><\/p>\n

The Stock-to-Flow (S2F) model created by PlanB is one of the most well-known price prediction app<\/a>aratuses 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). <\/p>\n

Thus far, the model has been eerily accurate. Bitcoin closed February 26% above the model\u2019s projected price and remains on pace to hit the model\u2019s end-of-year target of $288K. With Bitcoin currently trading at around $56K, it would need to increase over 400% between now and December.<\/p>\n

Anthony Pompliano of Morgan Creek Digital and Dan Morehead of Pantera Capital haven\u2019t set their sights on $200K for 2021, but that doesn\u2019t mean they are bearish. They both believe Bitcoin will close the year above $100K, which would be double the current price.<\/p>\n

In a recent interview with Cointelegraph, Pomp noted<\/a>:<\/p>\n

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.<\/p><\/blockquote>\n

The naysayers<\/strong><\/p>\n

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\u2019s only a matter of time before it all comes crashing down to zero.<\/p>\n

In an interview<\/a>, Schiff said:<\/p>\n

It doesn\u2019t 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.<\/p><\/blockquote>\n

Eyes on the prize<\/strong><\/p>\n

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.\u00a0Unconfirmed reports say Citibank have set their sights set on even higher price targets for 2021.<\/p>\n

\u00a0And 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.<\/p>\n

But there’s one price prediction that trumps them all. Microstrategy CEO Michael Saylor foresees<\/a> Bitcoin sucking up ‘monetary energy’, which would propel it to an unthinkable price:<\/p>\n

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.<\/p><\/blockquote>\n

Watch the video<\/a>\u00a0above for our analysis of Bitcoin’s short-term and long-term price targets. If you enjoy this content, check out and subscribe to Cointelegraph’s YouTube channel<\/a>!<\/p>\n