The only way is (more or less) up for BTC price action, the analyst insists, offering a potential 2021 high of $450,000.
Bitcoin (BTC) could trade at an eye-watering $450,000 by the end of 2021, while $135,000 would be the “worst case scenario.”
That’s according to analyst PlanB, who on June 20 released his latest sentiment-busting bullish BTC price prognosis.
Bitcoin to match all-time high in October
Well known as the creator of the stock-to-flow Bitcoin price forecasting models, PlanB has repeatedly bucked the overall market mood in recent weeks and months.
Even as BTC/USD sees multiple retests of lows from months past, the analyst — and his models — remain firmly fixed on a far brighter mid-term goal for the largest cryptocurrency.