The cryptocurrency Bitcoin today reached its all-time high of 64,863 dollars and rose to 66,000 dollars at present.
But this upward trend is only the beginning, according to many well-known faces of the crypto industry.
Industry experts such as Fundstart founder Tom Lee now believe that a further acceleration of the rally and a price rise to over $100,000 by the end of the year is possible.
And PlanB, for example, one of the most cited Bitcoin analysts, expects prices to be around $150,000 in December.
As already mentioned, many analysts expect six-figure prices for Bitcoin. Most of the BTC forecasts are between $100,000 and $150,000; according to PlanB’s S2FX model, even $288,000 could be possible. But Pal goes even further – he expects prices to rise significantly. Not only for Bitcoin, but also for Ethereum. The macro-guru’s predictions are as follows:
“I think bitcoin somewhere north of 200,000 dollars and ETH closer to 15,000 dollars – but I think we end the cycle with bitcoin close to 400,000 dollars and ETH closer to 40,000 dollars. ”
But how long will the cycle last? There are very different assessments here. Many expect the bull run to last at least four months, and experts say six months could be possible.
“Real Vision” CEO Raoul Pal gives a reason for the further rise of Bitcoin:
“So who’s the next big buyer of Bitcoin? To me, it’s pretty clear who that is. It’s the ongoing institutions, and it just keeps going, and I think we’re going to see an acceleration, especially when the price breaks out, because everybody’s like sheep, they always want to follow each other. ”
What do you think about the all-time high form Bitcoin and ETH?
Is a all-time high from 100-150.000$ in 2021 possible?
And where are the limits?
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