Bitcoin News! Are we headed for a Bear Market? [ Can Bitcoin head to $100,000 in 2021? ]

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Bitcoin News! Are we headed for a Bear Market? [ Can Bitcoin head to $100,000 in 2021? ]

Bitcoin Price Will Hit $100,000 by End of 2021
The optimistic model of predicting the BTC price after the 2020 halving has made analyst PlanB become one of the most cited figures in the industry. Their March 2019 study called “Modeling Bitcoin’s Value with Scarcity” explains a scenario for at least a $55,000 post-halving Bitcoin price.
Based on the annual data, PlanB reaches a more bullish price of $100,000. The date that the analyst gives when BTC will surge to $100K is some point in 2021. As highlighted via Twitter, the analyst has long held the belief that BTC price can top $100,000 in 2021. A January 2019 tweet reveals that PlanB has remained bullish for the long term.
In the meantime, the latest tweets show that PlanB is convinced that a six-figure Bitcoin is still very much possible for 2021.

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Gold has gained 5% this year, far outpacing the S&P 500′s more than 8% decline.
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