Bitcoin in 2021: what will happen to the course

The price of the main digital coin can drop by half - up to $ 6,000, or rise several times above the historical maximum of $ 20,000. Let's look at the potential scenarios for the development of events in the cryptocurrency market in 2021.

Cryptocurrency blogger Ivan Lilyekvist (nickname Ivan on Tech) has released his forecast for the Bitcoin and Ethereum exchange rate for December 2021. According to Ivan, in the next year and a half, the value of the leading digital coin will reach $ 40,000 and thus rise in price by 263%, while the ETH rate will rise by 1479% to $ 6,000.
As a rule, there are a lot of similar long-term forecasts in the cryptocurrency market. Nevertheless, the situation with the spread of the coronavirus infection COVID-19 and the geopolitical uncertainty of 2020 have led to the fact that many markets (digital money is no exception here) behaved in completely unpredictable ways. For example, in March 2020, the BTC rate dropped by almost 50% in a couple of days, and in the following months it not only recovered 100%, but also managed to update the annual maximum. Therefore, analysts began to be more careful about future prices.

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