Post
Topic
Board Speculation
Re: Bitcoin can hit $50k?
by
Pearls Before Swine
on 24/01/2021, 01:25:21 UTC
Somehow I have a sneaking suspicion that bitcoin's going to get to $50k at some point in 2021.  Just seeing myself type out those words is quite strange, because I had figured coronavirus would have cooled off the market for at least two years, and yet here we are with bitcoin still above $30k just taking a little break from the action.

It'll be even more likely if the states and other countries continue to get stimulus money, since I think a lot of the recipients of those funds are using them to gamble or invest or save for a rainy day rather than using it to buy food and that kind of thing.  From what I hear, the US at the very least is in for another round of stimulus money, so it'll be interesting to see if my prediction comes true or not.