In the field of finances, cryptocurrencies in general and Bitcoin in particular remain among the top-discussed topics. Recent years were quite worrying for the history of digital coins. However, many have interests about the BTC and its future changes in the current and upcoming years. This article explains which factors will influence Bitcoin prices in 2021, its exchange rates to USD and financial results for the currency to finish the upcoming year
The price of the currency is the most important factor influencing the investment decisions by traders. With the limited amount of coins and the increasing demand for them, the potential Bitcoin price does not have its estimated maximum limits: there will be no specialist able to predict the price of the 21-million coin (this is the quantity of BTC tokens to be released) precisely. Based on that statement, one can conclude that the price will grow significantly in a long-term perspective with the increasing demand.
Most specialists have positive Bitcoin predictions for 2020. They state the currency to grow, reach new price records and make profitable investment owners happy. Throughout the decade of its existence, BTC never had significant price recessions. The dynamics was exclusively positive.
IMPORTANT NOTE! No one is able to determine the precise Bitcoin price for upcoming two years, so the Bitcoin growth prediction for tomorrow, December 2020, year 2021 or other period is NOT a call to invest money in cryptocurrency. This info serves only for the purpose of acquaintance.
According to the analytics, the cryptocurrency course is able to change multiple times per day. Still, experts are able to notice long-term Bitcoin price changing dynamics.
Estimated Bitcoin rate: $10 129,60 during the first days of the month and $10 452,10 during the last ones:
Estimated Bitcoin rate: $10 480,32 during the first days of the month and $11 455,27 during the last ones:
Throughout the last two months, the currency moves within 9-10 thousand US dollars. Its price grew up by 30% since the beginning of the year, and as the graph shows, it will continue increasing till the very end of the year period.
Specialists offer “digging” even deeper and see what will happen to Bitcoin in 2021. The currency has good perspectives for the next year caused by different factors:
On the other side, there are some negative features able to lower the popularity of crypto-money. That is why expert thoughts on BTC rates are different. Among positive opinions for 2021 one should notice the following:
There is also a bunch of pessimistic predictions:
The united viewpoint that would allow analysts developing precise Bitcoin predictions does not exist nowadays:
Only time can show which prediction will be correct. The most probable case is the four-year-cycle application turning into the stable growth stage after the current year halving. This means, one can watch after the cryptocurrency price to grow up to $200 000 within 3-4 years.