PlanB predicts: Bitcoin price to at least $135,000 in 2021

Bitcoin bull and crypto analyst PlanB has released his latest prediction on the future of the token – offering that he thinks it could be heading to a whopping $450, 000 USD by the end of this year.

Known for his stock-to-flow Bitcoin model to predict the future of the token’s price movements, PlanB has continued to say that the trajectory of the cryptocurrency is positive. Despite Bitcoin’s latest crash and its subsequent struggle to regain any strength, the analyst maintains a bright outlook on where Bitcoin’s going. In his latest published estimation, he has suggested that Bitcoin will hit $135, 000 USD by December in a “worst case scenario” situation:

In response to a comment on his bullish ‘worst-case’ estimations he hinted at what his “best case” predictions are for Bitcoin:

Bearish predictions from Rich Dad, Poor Dad author

Meanwhile, another Bitcoin bull Robert Kiyosaki, author of Rich Dad, Poor Dad, has taken a bearish approach to the cryptocurrency’s short-term trading. He foresees Bitcoin falling even further than it has in the past two months – and has suggested to investors to short the crypto scene and look to gold and silver instead:

As it stands, Bitcoin price now is holding just above $35,000 USD – and has been holding above $31,000 USD in the past thirty days. Whether it will see a massive spike or significant drop in the next few weeks remains to be seen.

Related Articles

How is Bitcoin regulated in the United States?

Bitcoin regulation is an ever-evolving topic, especially in the United States where national legislation is impacted by individual states.

BlockFi financial leaks shows $1.2 billion FTX links

Financial information accidentally leaked in a presentation shows that BlockFi's financial ties to FTX were much higher than previously...

Genesis slapped with lawsuits amidst bankruptcy proceedings

Class action lawsuits have been filed against crypto lending platform Genesis as the firm deals with bankruptcy filings.

New crypto regulation in Japan will allow stablecoins

Amendments to the Payments Service Act of 2022 will lift the ban on foreign stablecoins in Japan from no later than June 2023.

See All