Bitcoin could reach $ 70,000 by end of 2021
Bitcoin, the digital currency, as you all know, is expected to rise by about 25 percent per coin by the end of 2021, currently worth more than $ 60,000, according to current market prices.
Aguilar, who is a digital asset strategist at Fundstrat Global Advisors, said Bitcoin could be very expensive and recently the value of Bitcoin transactions has also risen, most of which are more than $ 10 million. That.
Aguilar also predicted that, based on the stock flow model, Bitcoin could reach $ 70,000 per coin by the end of 2021. It should be noted that stock-to-flow is a measure of market supply to new production to know the value of market fluctuations.
Rosh Singh, CEO of Quadency Digital Money Trading Forum, said many analysts had predicted that Bitcion would reach its peak in November and possibly continue through January and February. .