February 24, 2021

After the correction, the bitcoin price will rise to $ 250,000 by the end of 2021

After the correction, the bitcoin price will rise to $ 250,000 by the end of 2021

The CEO of digital payments platform Abra believes that by the end of 2021 the price of bitcoin could rise to $ 250,000, while the necessary healthy correction is expected in the cryptocurrency market, which happened the day before.

In a new episode of What Bitcoin Did with Peter McCormack, Bill Bargidt expressed the opinion that after a logical correction, the first resistance will be set at $ 60,000.

“If we analyze the graph, we didn’t have 30%a pullback since we got back to $ 30,000 after climbing to $ 44,000. If you look at the upward slope that we have been going since December, in February we could peak just below $ 60,000 and then fall 30%. Then the spiral will expand, probably to $ 85,000- $ 90,000. "

Despite the short-term bearish outlook,Bargidt has no doubts about the large upside potential of the largest cryptocurrency, while the peak of the bull market will depend on the speed of purchases by large corporations.

“As soon as we get to the August temporaryframe and approaching $ 100,000, the two PlanB models begin to diverge. One of his base stock models says we will grow to $ 100,000 in 24 months. Another cross-asset model, which reflects the next phase, reads: This year we will get a price of up to $ 250,000 ...

Last December, when I came to yourshow and talked to [Anthony Pompliano] and others, I predicted that Bitcoin would be worth $ 100,000 by the end of 2021. I think the prediction is correct, but if we get a bunch of other Fortune 500 companies to make statements like Tesla, it will push the price up to a quarter of a million very quickly. ”

Where is it more profitable to buy bitcoin? TOP-5 crypto-exchanges

For a safe and convenient purchase of cryptocurrencies with a minimum commission, we have prepared a rating of the most reliable and popular cryptocurrency exchanges that support deposit and withdrawal of funds in rubles, hryvnias, dollars and euros.

The reliability of the site is determined by the trading volume andthe number of users. By all key metrics, Binance is the largest cryptocurrency exchange in the world. Binance is also the most popular cryptocurrency exchange in Russia and the CIS, since it has the largest turnover of funds and supports transfers in rubles from bank cards Visa / MasterCard and payment systems QIWI, Advcash, Payeer.

Especially for beginners, we have prepared a detailed guide: How to buy bitcoin on a crypto exchange for rubles?

Rating of cryptocurrency exchanges:

# Exchange: Website: Rating:
1 Binance (Editor's Choice) https://binance.com 9.7
2 OKEx https://okex.com 7.4
3 Exmo https://exmo.me 6.9
5 Huobi https://huobi.com 6.5
5 Yobit https://yobit.net 6.3

The criteria by which the rating is set in our rating of crypto-exchanges:

  • Work reliability - stability of access to all platform functions, including uninterrupted trading, deposit and withdrawal of funds, as well as the period of work on the market and the daily trading volume.
  • Commissions - the size of the commission for trading operations within the site and the withdrawal of assets.
  • Feedback and support - we analyze user reviews and the quality of technical support.
  • Convenience of the interface - we evaluate the functionality and intuitiveness of the interface, possible errors and failures when working with the exchange.
  • Platform features - availability of additional features - futures, options, staking, etc.
  • final grade - the average number of points for all indicators, determines the place in the rating.

After the correction, the bitcoin price will rise to $ 250,000 by the end of 2021

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