Post
Topic
Board Speculation
Re: Bitcoin $318K by December 2021
by
Searing
on 19/12/2020, 05:05:16 UTC
I know that some people believe BTC can achieve much more than we have seen till this far. Just in 1 month the BTC went from somewhere around $11K to +$16K today.

CitiBank Managing Director believes BTC can touch $318K by December 2021. What do you think? Is this really possible?

Read article:
CitiBank Managing Director Says Bitcoin (BTC) Can Touch $318K By December 2021


That price is too much for me, if it's really possible to happen we should see the price jn $50k by the end of this year then that 300k$ in December 2021 is possible to happen.

As long as I don't see it , I will never believe in this prediction , well if that's really happen it's still good news for us that holding Bitcoin until now.

I'm utterly befuddled on such a price of $318.00 USD by the end of 2021 as being possible as the next guy. But I've been often befuddled in the seven

years I've been on here and into Bitcoin/Crypto. 0ct 18th, 2013 I made 1 Bitcoin a day, and at least some time that day, when I looked Bitcoin, was an

impossible $150.00, wow! I found a note, posted inside a cabinet I rarely open, it has a mess of old retro Apple II Computer Manuals and such from

way back. I saw it again, inside the cabinet door, and I had made a tally of my HOLD Hoard at the time. So according to the note of July 26th, 2015 the

price of Bitcoin was $289.25 USD and the price of Litecoin was $4.45 USD. Color me at the present moment where we hit an all-time-high (ATH) according

to www.coinmarketcap.com of $23,629.67 USD and a Litecoin price of $110.00 USD. So hell, what do I know?

I don't 'think' such a price is possible, but if every billionaire on the planet wants Bitcoin as a long-term inflation hedge?

Or instead of using gold or bonds for this purpose? I've no idea, but I guess

It is not as far out of the realm of possibility of these kinds of prices compared to the price of Bitcoin on 1/1/2020 this year of $7,141.18 USD.

Hell, we could also have, the usual 30-35% correction and slap the price down to like $12K again. Which still would beat the stock market in spades.

Again, no clue, but if you have Bitcoin/Crypto it sure is a fun game to watch! Smiley

Bitcoin: Always The Drama Queen! (tm Bitcoin) Smiley

Brad