Topic: BTC $100K-288K before Dec2021 ? (Read 650 times)

If we take into account the law of supply and demand, at the moment we have less and less BTC on the market because it is bought by large investors, and all this results in an increase in price. If this trend continues, there is no doubt that the price will go up, but we can never know whether these same investors will at some point decide to profit and thus create a chain reaction of sell-offs.

To reach $100k next year we should increase the market cap about 6 times to $2 trillion which may seem like a lot, but that money exists and it is not impossible to move in the direction of Bitcoin. I think we are in a very early stage of institutional interest in this type of investment, and next year could be very interesting and set up a new ATH that can realistically be 4-5 times bigger than the one from 2017.

However much the increase will be, basically the bitcoin price will still go up, right? There is so much speculation about the price of bitcoin and I think most of them predict a price increase and that is certainly a good thing. But indeed, an increase of around $80k in a year is something that is very unlikely, because the reduced supply will not make the price will continue to rise rapidly at least there will always be resistance which of course the increase projected to occur in the near future will not be easy.

Do you think bitcoin will eventually reach at least $100k in 2021?
There are a lot of predictions regarding bitcoin that could reach $100k in the next year, but it still too far away at this point.
I would agree if bitcoin manage to reach at least $50k by mid-2021, only if the price won't plummet after reaching a new ATH.

If you read OgNasty post you can see that Bitcoin has been very predictable so far at least as far as the new ATH is concerned, because halving is the trigger that drives the whole thing - and it seems to be the case this time as well. The last big bull run was launched on the ICO wave and on Bitocin futures news, which people completely misunderstood as something that would inflate the price to some unreal numbers, which was not realistic at the time.

I agree that you should trust yourself and your feelings, so even if you are wrong at least you will not blame others for it. It is experience that makes the difference between a good or bad decision, and everyone who was with Bitcoin 3-4 years ago should have learned something - the question is whether they have really learned and whether they will know how to apply it.

Everyone has their own bullish prediction when the market is bullish, we should not be surprise with that, its even the reason why I failed to dump my coins in the last bull run because I listened to bullish people saying bitcoin will still rise and will reach $50,000, but look what happen.

So lesson learned for me, no one can really tell what's gonna happen in the long run, if you have opportunity to make yourself profitable, then grab it.

I'm not sure about that price though, we are having some good run now but it's not yet sure if we will reach a new ATH.
Bitcoin would be bullish more if it will reach then ATH but it will also have some correction which would again cause some panic.

2021 is just one year, that's over 14 times fold if bitcoin will start from $20,000 as its ATH.

Will see this one, but I'm not really confident it will reach at that crazy value.

Of course, he is uncertain, it's in his post.  He didn't promise to eat his dick but it's just his speculation. $100K-288K is a wide range though so if it's more than $100k, he still predicted it right. His forecast still is a safe zone if the rally continues since this year.

The higher the price will be after the next halving, it's just 6BTC this time but after the next halving, the BTC scarcity is real.

So many tried to predict Bitcoin price in the future and so many failed , why would this guy be different ? The price will eventually increase and that is a fact but we cannot tell exactly when and if I was to choose I would go with 2022/23 and not with 2021 as we're still in the pandemic phase so I don't see any big economical growth.

i don't see any claims about accuracy here or even an accurate price prediction. the range in title alone is defying your comment it is in a $188000 range! it doesn't get any more inaccurate than that
as for the price prediction itself, it is not as hard to predict it as you would think. i have seen so many topics that did predict the way price is going to rise up from back in 2012.

Keep dreaming like we used to.
The last time we were dreaming about how bitcoin price could move from $500 to $10000 become a joke for some people who really thinks bitcoin as a scam thing and would disappeared instead.
Then voila! Here we are riding through $20000 like it is nothing.

Noted.
See ya in the next 12 month and we'll see how much worth it then.

My wallet wholeheartedly disagrees with you.  Bitcoin has been the most predictable asset I've ever seen in my lifetime.  I've sold the top and bought the bottom of the last two bubbles.  I'm now getting ready for the 12 month ride of my life (for the third time).

PP is of course one big and significant change, although for now it will not allow users to withdraw or deposit crypto - but only to buy -> hold -> sell -> spend. But the fact that PP is available at about 26 million outlets speaks for itself, while I am promoting a site that has just over 1200 online stores - the difference is astronomical.

In fact, the pandemic favors online shopping that has literally exploded, and all those doing business in the online world are recording record earnings. Of course, most want the pandemic to end as soon as possible because it not only does economic damage and takes human lives, but also has long-term consequences for people's mental health. All the money in the world is in vain if we lose our health, and those who have lost it know best.

Stock to flow just the latest buzzword meme

There's no such thing as accurate prediction when it comes to predicting the price of Bitcoin in a market at a given date or even year, only newbies will believe this even those who started out in Bitcoin cannot accurately predict the right price at a given date, even if you are good in reading chart or data, you can predict some period but you cannot go fast 50% of your prediction accurately, it's time for people to get the fact.

In my opinion you're thinking about this too rationally. Markets, and especially bubbles, aren't rational. Assuming that every exponential growth cycle must be significantly smaller than the previous one is going to leave a lot of people selling their coins too cheap.

It really doesn't matter how many people have heard of Bitcoin. No matter how huge you think adoption was in 2017, only a small minority of people actually own BTC. The same goes for institutions, and among most institutions that are invested in crypto, it constitutes only a tiny fraction of their portfolio.

We haven't even arrived in the early majority. This is still the early adopter phase.

I also think people tend to focus way too much on the demand/adoption angle, without considering the supply side. The collective refusal to sell (HODL!) is an extremely strong force for price.

It looks more likely by the day that we hit 200K in 12 months.  Watching the market factors that power this increase as the 4-year fractal repeats itself is always extremely interesting from a financial learning perspective. 

Yes but back in 2016, how many people do you know that have heard of bitcoin prior? Unless you mentioned to your friends or family , most people never heard of it before. Now most people have heard about it one time or another.

The adoption that happened in 2017 was huge compared to the past and I think its also larger than the adoption that we are getting now. This huge surge of new investors is what brought BTC from $600 to $20000 in such little time. Now however look at Google trends for "bitcoin", not even close to what it was before.

That's why I don't think we will see the 23x as we did in the last cycle. The paypal route is great because it makes it easy to buy and hold BTC. So the onramp is enabled for millions and they don't need to open a exchange account. Even my dad has a Paypal account and he has no idea how to use a computer pretty much.

The slower progress would be good however BTC whenever it breaks ATH, it usually moves exponentially up. Usually it progresses slowly when it reverses from the bear market. However who knows, maybe this time it will be different.

Bitcoin went up almost 23x between December 2016 and December 2017. From here that would be ~$370K. So it's really not that crazy.

Personally I'm hoping things will progress more slowly, with a bit more 2016-style consolidation below the previous ATH. I'd love to see S2F get invalidated and PlanB's followers capitulate, and then see the market bubble up to $300K 6 months or a year afterwards.


Agreed.

The prediction of McAfee for bitcoin to become $1M at the end of 2020 has already been ignored by most. And this guy doesn't have to create a challenge like that because it doesn't make sense anymore.

He's only relying to the stock to flow model and that's a very popular model and chart if you are about to search it. The predictions using that chart really shows high price. You can believe or not but, as you know, holding is holding whether you hold for a year or two still you will surpass 2021.

5 years ago people dont really believe most of the prediction with 10x-20x even in 4 years but now we can predict more than the 20x in just 12 months time. This time we are expecting 20x in $150k add-up, what a ridiculous achievement it will be, all by just waiting patiently. The market is bigger now, more traders, exchanges, Institutional investors and more coins. These will bring huge fund when the FOMO starts, We will have the Bitcoin rally before the alt season, I hope.

Even though 2014 had the needed pump to bring in more investors and newbies, 2017 and 2020 would always be remembered as the game changer in the history of bitcoin. With the year nearing its end back in 2017, bitcoin had been trending globally and the price was highly speculative to make a bet. Back in 2017, no one really got to know why bitcoin was rising other than a few huge pumps and dominance from the shitcoin market. Now in 2020, we are experiencing another high but we are globally facing a lot more problems than what we had in 2017. Covid has changed the job market, US elections are swinging like never before with Trump not conceding the election results and more importantly there are more people searching for job instead of creating one. We never really know when we would recover from virus and get back again to the normal state as we were in these past years.

At the moment we need middleman like PayPal, Binance and other key players to bring in more adoption. Your avatar (spending-bitcoin.com) shows that merchants accepting bitcoin are rising at an enormous rate and with PayPal entering the scene we would be seeing insane adoption once virus nears its end.

We will see many speculations about the bitcoin price soon, especially if the bitcoin price increases again. The volatility of bitcoin will be like that, and we need to watch closely if we want to use the volatility for our benefits. I hope that bitcoin will grow in the next 5 years, and many people from all countries will know and use bitcoin because bitcoin can give them benefits to make money, and not just for the investment.

There is no doubt that ICO was at its peak just at the time of the last ATH, but also that it was at that time that it was announced that CME would launch Bitocin futures - which many inexperienced people replaced with BTC ETF. Given that there was no pandemic then and the world has recovered considerably from the economic crisis, many small investors have invested in BTC - as evidenced by millions of newly opened accounts on crypto exchanges.


Although some may have thought that BTC could independently conquer fiat, banks, PayPal and everything else - for now it is not possible to exclude all of them and achieve adaptation. Most, however, are not technically so literate that they know more than just turning on a computer and running a browser, and for them, the services offered by PP or banks are an easy entry into the world of Bitcoin. Once they understand the difference between custodial and non-custodial and "not your keys, not your coins" they will easily switch to proper use.


Hal has already entered the legend, but I think it is not realistic to expect BTC to become the world's major currency. The world would really have to change drastically to accept this, and we all know that the world’s greatest powers like the USA, China or Russia are very aggressively protecting their national currencies. They are in a way part of the identity of a nation, so that is understandable - and I personally, although I live in the EU, do not consider the Euro desirable and I would like to keep my national currency.

what to say again, this time many people speculate about the price of Bitcoin, starting from $ 50k, $ 100, and now $ 200k,
for me everything is possible, keep in mind the volatility in Bitcoin is very high, we also will not know the fate of bitcoin In the next 5 years,
there will be obstacles to cryptocurrencies, regulations, criminal acts, and of course other factors that make crypto currency prices fall,
my advice is to do a proper analysis, don't get your hopes up, this is not 2010.

Never thought btc would touch $20,000 when I first got to know about it when btc was around $2,000. I would agree with your opinions here and the market maturation is very much different than what it was during 2017. 2017 was fueled more prominently by scammers like bitconnect and shitcoiners but in 2020 we are watching the real adoption in terms of PayPal and Square investing in bitcoin. It is very much true that, the history is repeating itself : Back in 2011 we dumped and pumped and it continued again with 2014-2017 dump and pump and again in 2018-2020 with a dump and pump. Either way, we are seeing more and more adoption, new highs etc.

+1 with this. PayPal moving over to crypto has been a really good welcoming change and Square betting on Bitcoin for long term has increased the confidence over bitcoin by newbie investors. Well these are the primary factors for bitcoin reaching $16k today and I believe we will be watching new highs this year. But what I meant was, these factors alone doesn't bring BTC to touch the $100,000 mark. We should be having real adoption where people buy almost all the basic utilities through bitcoin and for this to happen we need side chains like lightning to take over onchain transactions.

Right at this moment, after bitcoin touching $16k level I am remembering Hal again. In the mailing list, Hal writes :

One simple question, did you think it was possible that during 2017 1 BTC would reach a value of almost $20 000? Rare were those who in their speculations mentioned even half of that amount, but it still happened which is an indication that nothing is impossible. When you mention trillions, it may sound like a lot - but huge amounts of money (about 5 trillion) are practically nowhere (not invested), and just look at what companies like Grayscale are doing and that a trend is slowly emerging that leads all companies to transfer some of their funds to Bitcoin. Just imagine how many adaptations will happen when each of the almost 350 million PayPal users will be able to buy BTC through that platform, and pay for it in tens of millions of places where PP is available? Can't all that and what's yet to come up may result with $100 000, which is just a little more than 6 times the current price?


Bitcoin is not just a currency, and it is more than evident that it is mostly used as a store of value and that this is what gives it value. Of course, it would be desirable to use it as a currency when possible - but I have no doubt that this will also happen when LN becomes something common, and that is what users want, cheap and instant payments.

The target to sell should be depending on your entry point and what you want as a goal from bitcoin. If you want to retire early that means it doesn't matter where you get in, you could buy right now at the highest price in recent years and you could still wait 10-20 years and retire early (depending on your age obviously) and that will be fine because in 20 years bitcoin will certainly be at least 10x and if you get some other altcoins you could make it 100x as well.

However if we are talking about short term profiting you should change your entry point and exit point accordingly, not every person can get out at $20k, maybe that person bought at 19.8? Why would he sell at $20k? Or maybe he got involved at $3k? Why should he wait for $20k? He could but he doesn't have to.

Good. We need to have our own target to sell bitcoin, so whenever people out there tell their prediction, we will not think much because we are waiting for our target sell price. We don't have to feel annoyed or bother with their speculation because I think we may get something behind on their prediction, which will be useful to us.

If the bitcoin price can really increase to $100K-288K before Dec2021, I am sure that we will be happy to sell bitcoin, even in the smallest part of bitcoin, because that really means for us.

Here is the thing. Most of us know that it won't be easy for bitcoin to hit like $250K and stay at that price. Remember what happened when we hit $20K last time, we stayed above $19K for maybe 24 hours. And after that we quickly went below $17K and if you got lucky you could of sold at the high $16K. So getting to $250K and stay above $250K or even $100K is a different story from it wicking into that area and trading there for many weeks/months.

I have been hearing about his model for many many months. Is it possible? Sure it is but I don't think it can be achived in such little time such as 1 year. Maybe 4 years or so. And I think $288K is a stretch. This model has to eventually fail, if it doesn't then by like 2025-2030 it will predict like $50 million BTC/USD which is just not possible. It worked for the first few halving, maybe it will work during this halving , who knows.

After ignoring some of the factors that have been mentioned, then you will realize that all forget about prices that are high again so still all that requires a process not just words, analyzing charts and other effects is not possible because predictions always miss market movements, then I'm not really sure except telling time where the price will go.

At the current price that has gone up, I am still watching for several factors such as fluctuations and some that cause the price to fall that is what we need to be aware of because everyone is always thinking about big risks.

I don't think we can take this guy seriously because he did not challenge himself to eat his dick if his prediction did not come true, John McAfee did, so many speculators so many predictors, I don't want to ride on that kind of prediction but of course, will be happy if it reaches to that level, 2021 that's only two years, he has two years to convince whales to buy his prediction.

S2F will be a self fulfilling prophecy

I believe these people overlooked the chart too much disregarding the entire effect of market fluctuations and other factors. Thus, this thread is obviously want to gain some FOMO but why would people believe to some random people whose name wasn't even that popular to us? Yeah, I may agree that it is not impossible but the time frame of gaining that price is just off the chart but maybe 4-5 years from now we might see that 6 digit price they have all been waiting.

It is not impossible in a bitcoin that moves so fast when the green light has started, it might happen one year from now but what is the prediction with analysis? Of course, obstacles will be faced by various kinds of bearish markets, news from FUD or cornering cryptocurrency, of course there will be so that the uproar can occur and lower the bitcoin level to the lowest level. so the whales can take everything they want in controlling prices.

But for me it still won't happen even though some people believe it is not an easy thing, therefore we have to make bigger corrections about the price prediction that is too distant.

I never replied without reading the thread first, you don't need to tell me that thing, mate.
What I'm talking here is only about what I've quoted, "the analogy of a star colliding with a black hole".
I've seen various kinds of BTC price predictions but never saw this one. Not sure how he wants to make it, but I doubt the analogy.

By the way, before you replied to my comment, have you understood what I wrote exactly?

Who said don't want to see that thing?
Not a single word on my comment implies a refusal of a high move on BTC price.  
What I responded is his way of predicting the possible price of BTC in the future.

Do you get my point @Kemarit?  

Everyone is aware of the bubble and i do believe that people invest in bitcoin knowing this fact and if you are smart enough you can make a hefty profit during the rally and so is the reason many institutional investors are investing millions for the past few months and these institutional investors are also aware of this process, we will hear about the bubble and that is it, smart move is to ride the rally .

Even on the pricing im not really that believing much on reaching that 6 digit price mark.Not to be bearish but it seems too far for bitcoins price to reach up that high unless
if in total global adoption then plausible but still questionable.

With the time frame given on year 2021 then its really too short or not really that realistic at all.Come to think that we did even have a hard time to reach that previous ATH.

How much more on thinking or presuming about 6 digit price in one years time? It isnt bad to be bullish but always consider on giving out some realistic numbers basing of on the current condition
and even determining on what happened in the past.

He could be right on pricing but knowing the exact time frame is not especially realistic.   Just saying it happens any time this decade would be enough of a projection, I dont agree its clockwork.   The protocol might be self regulating in an attempt to provide some certainty in its regularity of supply but the people and surrounding economies including dollar itself will be erratic.
   What this guy or anyone similar is really doing is calling a trend, which is great and I agree thats feasible but the timeline should be far more loose then this imo.    We can still half in price from here, go back to 3k however improbable that possibility does remain as part of the range of outcomes near-term.    The more frustrated speculators become and extended in their expectations the greater the fall out from that hot money is; this leads to some selling overall and so on, hence its always cycles repeating.

This article I just read on Crypotpotato fits perfectly to this thread discussion:

Bitcoin Moves Like Clockwork After The Halving, Says Stock-To-Flow Creator

'coz the market does not behave in such way; nature of inconsistency due to volatility. The market price never became consistent to both downfall and price increase. What happened on the previous ATH is already an example. There was a huge increase in its price from the past but take a look of how the market price became just in an instant. That market price is too much especially if you would base in its market value at this moment, and to the number of downfalls it's market price have experienced before again getting close to such price point.

It's easy to mistake guesses and predictions far into the future, I'm sure he will come up all sorts of excuses when it fails to get anywhere near that price. I am very bullish on Bitcoin, however those prices seem very unrealistic - especially now that normal business will be able to resume with a possible Covid vaccine on the horizon. People are generally much more comfortable putting money into the stock market, because it produces a return from real company profits, rather than speculated capital appreciation from holding an asset like Bitcoin. I hope it does reach those highs, but it seems extremely unlikely at present.

The fact that there were tons of small timers who sold during this period and a lot of big whales who collected is a fact, and it is a fact that we should never really ignore because it could affect the future of bitcoin. Sure we have the right to buy as much bitcoin as we want, however the more money collected at the hands of whales would make bitcoin into something only whales can play and we would be participating without any impact at all, we would be just riding their wave and it wouldn't really help us that way.

We moved to bitcoin world because we wanted to get as far away from whales control of fiat as we can, however if we give the control of bitcoin to them as well we won't be really doing ourselves any favor at all, we would in fact be harming ourselves and bitcoins future.

Stay still as predictions and who knows right, we are all free to state our thoughts about how value will push thru,
it's ambitiuos but in case things go along to that directions then for sure it brings a huge benefits.

Inside this industry there are so many unexpected things that happened, bitcoin always surprises us, for those who continouing
to believe and keep storing and saving their coins for retirement purpose will have a better life.

Well, PlanB is a very popular twitter account which shills just about bullish bitcoin alone. If forum people doesn't know about the twitter profile or someone similar like hodlonaut, it is certainly true that they have never visited crypto twitter and posting in this forum alone for additional sats. If this tends to continue, then people might one day ask who is Pieter Wuille or Van der laan   Coming up to the tweet, I don' think $100k is possible in near future or atleast for another 5 years IMO. If we reach something equivalent, the total market cap could touch $2.1 trillion which could be impossible within 5 years as that would be worth atleast 0.28 times the total net value of gold ever mined.

Replacing Gold with Bitcoin completely would certainly take atleast 20 years of time from now and we need the global regulations to be favorable for bitcoin as well for this to happen on a large scale. If bitcoin successfully replaces and destroys gold, we would be seeing the valuation of atleast $300,000 to $400,000 per coin. I would say this could be a far thinking into the future (like we are still in the pre-historic era and thinking about the period when Man lands on Mars) and if this tends to happen, lightning network and other side-chain scaling solutions would become mainstream. What is the purpose of bitcoin to be held in wallet without doing any real life transactions?

Adoption is another important factor which decides the so called $100,000 or $200,000 market. If people are still afraid to use bitcoin as a digital currency, then we would be enjoying the $5k to $20k level alone for a prolonged time period.

Oh no, how could you predict that? Many Bitcoin analyst have made optimistic predictions for the year ahead but you have gone over the moon. It is always hard to know what the outcome might be that's how the nature of market is, Yes for long-term or hopefully by the next decade you can expect that number but now it's quite impossible in real quick time.

PlanB is actually very popular, if you visit WO you will often see members posting his tweets there. Any link that leads to one of the accounts of social networks can be considered a kind of promotion, but I think that the intention here was not literally to promote someone, but his idea.


Here I will agree with Rikafip, I think you may have confused the terms, because I don't see any FUD here, before we could talk about causing FOMO (fear of missing out). However, if you have visited PlanB Twitter, it is clearly stated that his tweets are not financial advice.


You've probably never heard of Tim Draper, but find a video from 2014 and look at what he said then - and then look for a video from the same person from 2018 and listen to what he said about 2022/23. I’m not saying PlanB is right, it’s just speculation - but why does it seem impossible for Bitcoin to come from $15k to $100k in one year? This is only a little more than 6 times the increase, and during 2017 we had an increase of as much as 20 times.

Agree with you, and in my opinion there will be another bearish after bitcoin hit new all time high. but yeah, maybe we will see something incridible next year for bitcoin.

Bringing the Bitcoin in 100k$ in just a few months I don't think it's possible. If this true the price of Bitcoin might be bearish for long time . I don't expect the scenario ad we have in 2017 . I believe the price of Bitcoin is possible to increase up to 25k$ but in 100k that's too much and it will not bring good sight to Bitcoin . Many investors will be more afraid to invest if that things happen again.

I have read this man's tweets countless of times. I am not a fan although I am also not a hater. I just read his tweets in passing sometimes, not attaching too much meaning to them.

Let him promote his own analysis of Bitcoin's price in the future. Everybody is doing that. PlanBTC can do it too. Obviously PlanBTC is not the only one who is sometimes exaggerating in their price predictions of Bitcoin. He has the basis.

I personally don't think this is happening next year. But if it does then everybody's happy.

How much money has he earned with bitcoin and cryptos recently? I have never heard of him before. I would rather listen to an institutional investor rather than a blogger who try to allure people with nonsense things

And I don't care how much the price of bitcoin is in the future. IF you truly a bitcoin fan who has enough knowledge to make his own judgment, it is certain that you always have some bitcoin in your pocket. Presently, I just want to witness how far bitcoin will reach at the end of this year.

I don't think this is the case

S2F creator has ‘no doubt’ Bitcoin will hit $100K by December 2021


he is well known, if you follow the news on cointelegraph.com you will hear about him at least every 3 months and his analysis model has already been congratulated by many other analyzes


this is a speculation section and nobody said that making prediction was like saying that thing X will come true. prediction never had guarantees that it will happen

How impossible Bitcoin's price it was in 2017? From $900 to $20,000 in a span of 1 year.
Besides there's no certain indicator which way Btc will head. If you're looking for a sign for Bitcoin to carry that price, then these kinds of bullish speculations are most likely the sign that you're looking for, and there are a lot of bullish articles you'll find in the internet today saying Btc might hit $100k.
Btc has still a huge chance to make it to $20,000 till 2020 ends. Specially that we're currently in a bull market.

Well, I won't doubt predictions, especially one such as this that used models that are tested and proven from even way back then. Still, I follow what most people are thinking, it's still to early to predict a price for teh end of 2021. We're only approaching the end of 2020, and predicting the price for next year seems like something that could really be debunked easily with time. Not that I could anyway, I don't partake in analysis and stuff, I only hodl

It's actually possible, though that may result in a bubble similar to 2017/2018, which isn't really a good result when looked at in the long run.

$ 100k in 2021? If this is the case then Bitcoin should be above $ 20k this year,
because it is impossible for Bitcoin to rise to $ 100k- $ 288k in a short period of time,
there is no sign that Bitcoin is able to carry that price.

Bitcoin price predictions are a fun game...it's a win-win game.

See, if you make a price prediction - bolder the better - and you're right, well you become the prophetic bitcoin market predictor! And everyone will be looking to you for insight on the next big market moves.

But, if you make a price prediction - again, bolder the better - and you're wrong, well people forget about it within a few days and you remain in relative obscurity, pontificating about what may come next.

We should plot out all the public bitcoin price predictions made by "those in the know" to see how far off they've been and how frequently. The only thing one can do to win at bitcoin is to keep buying, just a little at a time but regularly and let the market build your stash organically.

I can agree with the lower bound at least - $100k. Even from his last chart, showing the last two bull runs, it shows clearly that they are becoming smaller (which is what you would naturally expect) and taking longer. I think we can see a peak price around $100k sometime in 2022, rather than 2021, and this chart points toward that. $288k is clearly not going to happen this market cycle, and certainly not a year from now. In general though the S2F model I think is pretty accurate, I think he is just getting over-hyped. The peak could happen in a year, rather than two years as I think, but that seems quite unlikely as we still have plenty of build-up to get back to $20k before the frenzy begins. $100k 2022 feels much more reasonable than $100k-$288k in 2021, even his own charts suggests this.

I never heard of that blogger, but he has good speculation about bitcoin price that will touch that price in Dec 2021. We will see so many speculations about bitcoin price in the next year, especially if bitcoin price can increase more than $20k or $50k in the next new ATH. People will always make their speculations based on what happened with the bitcoin prices. But unfortunately, that still be predictions, and we don't know if that will happens or not in the future.

We should focus on what we see now than to focus on the search for speculations or predictions. We can follow the bitcoin price journey from now on, and we can try to buy more and more bitcoin if we think that the price will increase to the highest price (that will happens soon). The important thing now is how we can have more and more bitcoin to prepare for the high price that can come anytime to make a lot of money from bitcoin.

He based his prediction on the S2F model, you can read it as someone has already posted the links.

So this is not just John McAfee II, at least  he has something to based upon as compare to John which is pure shilling and that's why it didn't happen. I advise you to read that thread and understand where the author is coming from.

We wouldn't want to see the price of Bitcoin heading $50,000 or even $100,000 in the future? Of course all of us who holds a good amount to become self made crypto millionaires? But it will be lots of bumps in the future and it will be not that easy road to take. You need to have that mental toughness as well and the right frame of mind as to when you are going to sell your Bitcoin in order to get a lot of profits.

What this? Is this the right way how we predict the possible price of Bitcoin in the future?
I'm sorry but I don't see it as a reasoned prediction. It is likely as his own theory using a popular thing to attract public public attention. Simply forget this new McAfee or McAfee II, this potentially ends with the same result as McAfee ever did.

Despite the limited number of Bitcoin remain to be mine before the total 21 million coins is achieved, it completely ridiculous for Bitcoin to reach the $100K-288K price range before the December of next year and it amazed how this people would just predict the market price base on previous trend calculations.

I think this is people like McAfee trying to promote themselves and also increase the numbers of their follower but they forgot that they cant never know about crypto than the community.

And I will quote it from his medium post:


Scary prediction, but it seems that we have seen it already, specially institutional investors like Grayscale and then millionaires and billionaires changing their tune and hedging their wealth to bitcoin. So we will see if the s2f model will take its shape in the future.

Let me quote this for future reference and as a reminder to come back here and give a great hug to everyone posting here if this come true.
Agree with those who says many predictions are made everyday; that may predictors vanish when something doesn't go as expected; that people who should have eaten their dick this year then came out saying it was a joke and so on.
But  ( yes there is a but imo) S2F model has been applied and fit quite well to past real data of gold and silver ....so there is a tiny hope it may come true.
On the other side goods like gold and silver has thousands of years of history while BTCitcoin is only an ten years old child so maybe the comparison can't be properly done.
Just lets hodl al little bit more and see what happens in one year.

So many prediction I've seen for couple of years but no one of them got any accurate prediction on what will happen to the price in future. I believe we should believe that predictions or insights given since for sure they want to create hype and do that for their own personal gain so we should be careful guys since I think those guys are manipulators.

I have seen both of his post in medium and I can say PlanB's S2F model for Bitcoin is one of the most in-depth analysis out there and also one of the newbie friendly things that someone can read and understand quickly but the thing is even though it sound convincing and can really happen the problem I see here is that his model doesn't account to external factors that can affect Bitcoin's price which is really relevant. The model only focus on the supply of Bitcoin and how it can affect its price in the future without considering how laws can affect it, businesses do with it, or how whales will try to influence the market. He might be certain with his model but there are many external influences that can affect the price.

I don't know who @PlanB is, but I have been reading about this S2F Model, and recently it has gain a lot of traction in the bitcoin community. But for those who are interested to read about it, here is @fillippone thread, Stock-to-Flow Model: Modeling Bitcoin's Value with Scarcity.

Edit: Ok it seems that the thread source is PlanB himself: https://medium.com/@100trillionUSD/modeling-bitcoins-value-with-scarcity-91fa0fc03e25

But 2021? I will say that I will be skeptic though, it's too early to predict six digits ore more in just about a year though, I think he just wanted to create another FOMO here, not saying that it is not possible to happen next year, but we need to cover a lot of grounds to see bitcoin goes on that price range.

I am not really sure that you know what FUD means, as I don't see how can you call such a bullish prediction, and BTC being between 100k-288k by the end of next year  is definitely bullish prediction. FUD (acronym for Fear, Uncertainty and  Doubt) would be if this YouTuber was predicting BTC price going to 100 USD due BTC getting banned or something along those lines.

Regarding this prediction, there are so many for every possible price that they kinda lost meaning. Like broken clock that is right two times per day, so will one of those people that like to predict. All I know that future is bright and we can expect for price to go up in the long run, with occasional bump on the road like we had so far.

I have the same feeling and perception towards this post which is most likely to be a promotional ones rather than legitimately talking about bitcoins price potential..

We dont need lots of speculations telling 6 digit prices on next year to come.If those people had just have that enough knowledge on how bitcoins price behave on this market
then they wont really be ending up into those kind of predictions.

We have barely on past 3 years since on that bull run and now here we are on 15k and playing. How much more on reaching out 100 or 288k in 1 years time?
even if im dreaming this cant really happen.

So realistically speaking, $100k is already high in my opinion. But everything is possible in this world. We don't know what factors will come into play to contribute the massive growth of bitcoin or crypto. But if more merchants and big companies start to use bitcoin or crypto in their payment system, there's a chance that we will see massive increase of price. So start collecting your satoshis now. 

1 year from now?

I'd like to see that as I believe 2021 is going to be one of the best years ever. The uptrending can't be stopped and might continue up to 2022 or it's likely that dump will somehow come by that year.

S2F model is very popular, I think it all started to be recognized by this year. IMO, whether we see $100k+ before December 2021 or not, I'll still hold more than that given time.

Props to this man if his forecast really goes as well as it's been so far. The funny (and sad, at the same time) part is, most of these guys (*cough* McAfee *cough) just vanish when their predictions go wrong.

If we take all the existing predictions around the Internet and put them together, we'd basically have all possible outcomes predicted. It's just that one of them goes well at one point, and that "analyst" shines brightly for a while. I personally expect a price somewhere around $100k by the end of 2021. More than that would be just spectacular, but not something that I wouldn't expect considering BTC's history.

So far, so well. Hopefully, Bitcoin sticks up in the sky like it's always done. Almost nobody here wants it to drop, but sometimes it's good to be realistic as well.

Before, when the price of bitcoin was increasing significantly, it increased right from $0.08 within a decade to as high as $15000 recently, this could have triggered these people to be predicting in this direction. There was a famous man that predicted bitcoin to be $100000 in 2020, but later this year when he realized it is not possible, he later said his prediction will not be possible. I like people to be more realistic than predicting what might not happen. Without them predicting anything, bitcoin is able to increase while more people will buy it, which will be increase its marketcap, that is just normal, but I do not think bitcoin would reach such high price by December 2021, but it is certain that bitcoin price will certainly increase and will increase beyond what is predicted above, because it is a deflationary currency with a limited total supply, but it will take longer time before bitcoin will increase to such extent with a marketcap of 2 trillion or more.

This topic looks more like a promotion of this so called popular blogger. I have never heard his name nor I am interested in hearing his prediction.

If you understand Bitcoin then you would have never created such a topic on a person who is trying to create FUD. This post is more in like promoting a Youtuber.

Use some common sense if you have lost it and ask a simple question to yourself when was the last time a prediction came true about Bitcoin price?

Please stop promoting such FUD creating videos.

Popular blogger @PlanB confirmed that he remains true to his forecast of bitcoin price growth to $100,000–$288,000 by December 2021. He found additional evidence in favor of reducing the supply of coins, which is consistent with the Stock-to-Flow (S2F) model on which his expectations are based. https://twitter.com/i/status/1325396958622724100



He gave the analogy of a star colliding with a black hole. PlanB noted that during periods of market corrections, it observes how bitcoin whale algorithms pick up hundreds of portions of 0.01 BTC from weak hands. https://twitter.com/100trillionUSD/status/1325843354836414465



According to @PlanB estimates, the dynamics of bitcoin after the third halving in may 2020 confirms its correctness and develops like "by the clock". Six months later, the price approached the $16,000 mark, adding almost 80%.
https://twitter.com/100trillionUSD/status/1325883839361802240



@PlanB sees confirmation of their expectations in the acquisition of bitcoin by investor and billionaire Stanley Druckenmiller. Prior to this, such signals for him, in particular, were similar actions of the Stone Ridge Holdings Group management company, as well as Iran's approval of the mechanism for paying for imports with bitcoins extracted in the country.  https://twitter.com/100trillionUSD/status/1325876013205688320



The s2f model promoted by @PlanB is often criticized but it is still interesting to see how things will actually turn out.