{"id":400452,"date":"2019-10-03T18:00:25","date_gmt":"2019-10-03T18:00:25","guid":{"rendered":"https:\/\/uniquehot.com\/?p=400452"},"modified":"2019-10-03T15:30:36","modified_gmt":"2019-10-03T15:30:36","slug":"crypto-analyst-100k-bitcoin-ath-by-eoy-2021-is-a-realistic-scenario","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/news\/crypto-analyst-100k-bitcoin-ath-by-eoy-2021-is-a-realistic-scenario\/","title":{"rendered":"Crypto Analyst: $100K Bitcoin ATH By EOY 2021 Is A Realistic Scenario"},"content":{"rendered":"

Bitcoin price<\/a> may be crashing currently, but the first-ever cryptocurrency is expected to someday reach prices of $100,000 to as much as $1 million per BTC<\/a>.<\/p>\n

According to one crypto analyst, the first of those two numbers is a very \u201crealistic\u201d scenario that could occur as early as the end of the year in 2021.<\/p>\n

Bitcoin Price at New ATH, $100K by End of Year 2021<\/h2>\n

At the height of the 2017 crypto bubble, Bitcoin<\/a> reached an all-time high price of $20,000 per BTC, and nearly overnight became a household name. But after the turn of the year, the entire crypto market had a major crash, eliminating over 99% of the value from some altcoins, and over 80% of Bitcoin\u2019s value.<\/p>\n

Related Reading | Bye-Bye Bull Run: Bitcoin Price Daily Closes Under Vital Moving Average<\/a><\/strong><\/em><\/p>\n

But Bitcoin always bounces back, and throughout its history, has repeatedly gone through bubble-like cycles where the asset goes parabolic and reaches extreme values before suffering a major collapse and retracement.<\/p>\n

The crypto asset has earned itself a negative reputation for being extremely volatile as a result, but if history continues to repeat itself, another bubble cycle could be coming, and one that\u2019ll take Bitcoin to over $100,000 per BTC. But when?<\/p>\n

\n

BITCOIN (BTC\/USD)<\/p>\n

Most realistic scenario:<\/p>\n

1. Bitcoin will never go below 5.8k again
2. Max. Price until end of 2020 = 14k
3. Next ATH will be around 100-110k in Nov\/Dec 2021
4. Correction should put us around 30-40k
@moonshilla<\/a> whats up BigBrotha?#bitcoin<\/a> #btc<\/a> #btcusd<\/a> pic.twitter.com\/hsZW9SZuQG<\/a><\/p>\n

— RQuantrillo (@rogerquantrillo) October 2, 2019<\/a><\/p><\/blockquote>\n