Bitcoin price can hit $450K in 2021, $135K is ‘worst-case scenario’ — PlanB

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Bitcoin (BTC) could trade with a staggering $ 450,000 by the end of 2021, while $ 135,000 would be the “worst case”.

That’s according to analyst PlanB, who on June 20th released its latest sentiment-breaking bullish BTC price forecast.

Bitcoin is hitting an all-time high in October

Known as the creator of the Bitcoin pricing supply models, PlanB has been repeating the overall market in recent weeks and months.

Even while BTC / USD is seeing numerous retests of declines from past months, the analyst – and his models – remain firmly fixed on a much brighter half-term target for the largest cryptocurrency.

Now even the “worst case” for Bitcoin would still see it trade at $ 47,000 in August. A slight reversal in September puts the minimum target at $ 43,000 for that month, only to be followed by $ 63,000 in October – close to current historical highs.

Things then heat up, with $ 98,000 on the cards in November and a whopping $ 135,000 by the end of the year.

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BTC / USD stock model “worst case” predicted by June 20th. Source: PlanB / Twitter

Thus, Bitcoin is still four months away from matching its historical high – a prediction that nevertheless surpasses some bearish models currently circulating by traders.

These include Josh Rager, who this week asserted that $ 64,500 may have been the highest this price – something specifically has PlanB gave up several times.

“Wait until you see my base case and best cases! Well, advice: best case Dec $ 450K,” he added in comments on what Bitcoin might be capable of in 2021.

Kiyosaki expects a $ 24,000 purchase

As Cointelegraph reported, meanwhile, the weekend sees troubled Bitcoin moves.

Sunday’s low stood at $ 33,337 at Bitstamp at the time of writing, with BTC / USD shedding 5% on the day and reversing most of the previous week’s gains.

Calls for further fall are growing from a variety of sources, with Robert Kiyosaki, author of “Rich Dad Poor Dad,” who is the newest high-profile voice short.

“The biggest bubble in world history is getting bigger,” he said warned on the overall macro-market climate on Saturday.

“Comes the biggest crash in world history. Buying more gold and silver. Expecting Bitcoin to fall to $ 24k. Failing the best time to get rich. Take care.”

Such an event would be repeated in March 2020, with commentators continuing to notice the constant historical highs on stock markets regardless of central bank noises.