Leading cryptocurrency Bitcoin (BTC) continues to advance in an upward trend and is trading at $ 25,150.00 at the time we wrote our article. As BTC sets its course towards new heights, its forecasts for 2021 continue to rise.
Konstantin Aniissimov, executive director of the CEX.io crypto exchange, stated the 2021 forecast of the leading cryptocurrency Bitcoin. Expressing that many corporate companies bought Bitcoin after the second half of 2020, Aniissimov predicts that the trend in BTC has just started and will continue to increase in 2021.
Mentioning the Bitcoin purchases of Paypal, MicroStrategy, Ruffler and MassMutual, especially among corporate companies, Annissimov states that the demand for BTC will continue to increase in the future.
Annissimov also spoke these words about BTC’s price route through PlanB’s stock flow model:
“It is not a dream that the BTC price reaches $ 50,000 by the end of the first quarter of 2021. If this happens, I would predict BTC to continue its further price advance and reach $ 80,000 levels by the end of the 2nd quarter. If this route goes well, it’s not impossible to reach $ 90,000! ”