BITCOIN PRICE PREDICTION [$84400 in 2021 - $100k - $146 000 LONG TERM]
Bitcoin price prediction based on all we have from Bitcoin!
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Bitcoin price prediction is much brighter than we expect! Let's see what we have:
✘Most Bitcoin miners use alternative and clean energy nowadays. This improves the development of green energy!
✘Bitcoin is backed up by all the computing power that stands behind the miners and the blockchain.
✘Bitcoin is already banned in some countries, but we already saw that this is not a wise decision. The people still buy Bitcoin and other cryptos from outside. And even the BTC is being banned, the price goes up. So the Bitcoin price prediction is positive with this point too!
✘Countries print money and approve stimulus for the Coronavirus, which makes the Bitcoin more bullish and our Bitcoin price prediction even higher:
We aim at the target of $84400 based on a Fibonacci target. For more details about this target, check out the video:
https://www.youtube.com/zfQkgsqX48U
Next, of course, is the round of $100k, a rocket if the price breaks impulsively.
JP morgan projected the price of $146k, putting the BItcoin market cap at the same level as the Gold market cap. I personally agree with that Bitcoin price prediction as Bitcoin is much more applicable than Gold.
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