Predicting the December 31, 2021 Bitcoin Price - $108k
Based on cycle lengthening theory (in which the number of days after each halving until the peak of the cycle is greater due to more people being aware of Bitcoin) and extrapolating the declining logarithmic growth in each cycle, I expect that Bitcoin will peak in this cycle somewhere around 108k around the end of 2021. Large institutional capital flows, which are a new phenomenon is this cycle, may make the actual peak higher than this forecast.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.