End of 2021 (December). I am currently considering two main scenarios.
Option number 1.
Bitcoin prices range from $ 16,000 to $ 18,000. The likelihood of this scenario is 60 percent.
Option number 2.
Bitcoin price rises above $ 20,000. The likelihood of this scenario is 30 percent.
A drop in the price of bitcoin below $ 16,000 seems like an unlikely event to me. I estimate the likelihood of this option being 10 percent.
The general geopolitical environment in the world favors the price of bitcoin. Please note that the United States cannot elect a president. At the same time, the price of bitcoins is expressed in US dollars.
Wow that seems very pessimistic if those are your scenarios for a year from now (Dec 2021) Option number 1.
Bitcoin prices range from $ 16,000 to $ 18,000. The likelihood of this scenario is 60 percent.
Option number 2.
Bitcoin price rises above $ 20,000. The likelihood of this scenario is 30 percent.
A drop in the price of bitcoin below $ 16,000 seems like an unlikely event to me. I estimate the likelihood of this option being 10 percent.
The general geopolitical environment in the world favors the price of bitcoin. Please note that the United States cannot elect a president. At the same time, the price of bitcoins is expressed in US dollars.
I am at 50/50 above 20K by end of 2020 myself.