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Quantitative analyst PlanB says he believes that his end-of-year Bitcoin price forecast will be realized.
According to PlanB, BTC will hit a six-figure price by the end of 2021.
“I never had any doubt. I still think it will be $100,000 end of year, minimum. And there’s lots of time. We’re at [$40,000] now. So that’s a 2.5x. We’ve done more in one or two months, historically. So it can be done. I’m very confident…
Wait until you [see] my base case and best case scenarios! OK, a hint: best case Dec $450K.”
In other trending Bitcoin News today: Colombian President’s Advisor: Bitcoin Is the Most Brilliant Piece of Software!
The Advisor to the Colombian president talks about Bitcoin, his views about the asset, the country’s stance on it, and more.
“I approached Bitcoin as a great open-source project. After some time, I also got interested in the monetary innovation that it represents, and I am still discovering amazing new things every day.”
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DISCLAIMER: This is NOT financial advice. The views and opinions expressed in this video are just opinions, nothing more. Trading is very risky, especially when trading with leverage. Seek financial advice from a professional and trade at your own risk because I am not responsible for any investment decisions that you choose to make.
Show Notes / Resources:
PlanB Maintains $100K Bitcoin Prediction, Reveals When His Model Would Be Invalidated