The bitcoin will hit $100k before Christmas 2021, according to PlanB, the creator of the Bitcoin price prediction tool. He expressed the sentiments while giving an interview to Raoul Pal, founder of Global Macro Investor, last week.
Bitcoin to $100,000 or above
According to PlanB, the destination of BTC towards the $100k or more than that is the ultimate goal of the coin after the halving. He stressed that it will happen before Christmas 2021.
…Somewhere between and year and a year-and-a-half after the halving, so say before Christmas 2021, Bitcoin should be, or should have been above $100,000.
Most of the past suppositions of the PlanB about the value of bitcoin proved right and the same as happened according to the predictions. The confidence of PlanB’s father and its stance about the recent speculation seems to have some weight in it.
Moreover, its creator is saying on the basis of logical ground. He not only stressed or speculated about the price prediction for the future. But on the other hand, he has a strong belief over and confirmed the future target of BTC.
‘Halving…an interesting event’
The thousands of eyes are waiting with excitement for halving and the people’s thoughts of it are somewhat more interesting. A lot of crypto experts are passing out the unbelievable comments over it. But it is confirmed that the halving will decide the fate of bitcoin price and also affects the altcoins markets as well. According to PlanB view about the BTC halving:
“I think a lot of people are waiting for that… seeing how that plays out. The halving will obviously be a very, very interesting event.”
What McAfee says?
On Oct.22, it is reported to Tokenhell that McAfee has changed his stance from $1 Million to $2 Million. In an interview with Forbes, McAfee backed his claim of $2 Million by referring to scarcity:
Let’s get real, there are only 21 million bitcoins. Seven million of which have been lost forever, and then, if Satoshi [bitcoin’s anonymous creator] is dead, add a few more million.