Quote from: Cryptodaddy05 on Today at 01:18:31 PM

Glassnode’s detailed in-depth analyses of BTC’s metrics are interesting, and it was fascinating to see their report 4 days ago that the number of BTC addresses holding $1M USD had gone ‘parabolic’ in Dec with a 150% increase to 66,500 https://twitter.com/glassnode/status/1339476314118643714?s=12 Also very interesting was CoinTelegraph’s recent report on Glassnodes CTO Rafael Schultze-Kraft saying ‘all’ of BTC’s major market indicators and metrics compared to their 2017 levels and then applying their subsequent increases in the 2017 bull run were “insanely bullish”, with all but one suggesting BTC’s price would rise well north of $200K this market cycle in the bull run that has started

Very bullish predictions, and I think 100K is likely in 2021 and maybe 200K is possible as more and more money chases scarcer and scarcer BTCs - but volatility will also persist I’m sure in 2021 with periods of optimism and pessimism, and funny BTC has just fallen $2K in the last 3 hrs as I wrote this bullish thread. So who thinks BTC will hit 100K in 2021, and do you agree with the Glassnode analyst and other experts it will hit 200K - and who’s brave enough to agree with the Bloomberg analyst and Willie Woo that it can hit 300K for a 14x and 1,400% increase in price in 2021?

And if BTC’s price does hit 200K+ we might well find Glassnodes data showing us one day in 2021 that there a million BTC millionaire addresses (66,500 x 15) - mind-blowing!

I think this Bitcoin price prediction for 2021 ($ 100,000 or $ 200,000) is very optimistic. Why is the price of bitcoin rising? The US dollar is losing its role as the world's reserve currency. China and other countries create a new currency (Central Bank currency, i.e. CBDC). Uncertainty in the world leads to panic attacks (Covid-19). At the same time, we are witnessing the collapse of globalism, the cancellation of flights between different countries, the isolation of people, the rejection of the real world in favor of the virtual world. We live in a period of transformation of the global financial system. Bitcoin price is rising (blockchain is not susceptible to panic attacks). My Bitcoin price prediction in 2021 is from $ 30,000 to $ 45,000.