April 19, 2024

Research: by the end of 2021, the price of BTC will reach $ 100,000

Research: by the end of 2021, the price of BTC will reach $ 100,000

Specialists of the research company Fundstrat came to the conclusion that the current level of the price of bitcoin, which isIf it is above the $45,000 mark, it means that there is a high probability of significant positive market dynamics for this asset.For example, David Grider, chief strategist at Fundstrat, said that the company is focused onBitcoin reaches $100,000 by early 2022.

Speaking of growth factors, Greader notedincreased fears among institutional investors that they may miss out on the opportunity to buy bitcoin before it has risen in price even more. In addition, fears widespread among representatives of global finance that the US dollar will noticeably weaken play in favor of Bitcoin.

Finally, the overall growth of the global stock market since the beginning of this year indicates a great optimism of investors, which is likely to have a positive effect on the price of bitcoin.

Indeed, since the beginning of the year, the Nasdaq index has gained 9%, the S&P 500 is up 5%.If you consider that the S&P 500 added only 21% for the whole of last year, the increaseA 5% increase in just over a month indicates that one of the key indicators of the world's largest stock market (the United States) is now in a stronger positive trend than a year ago.

However, Fundstrat sees no growth potentialonly for Bitcoin. The company's experts believe that Ethereum is poised to test the $10,500 level in 2021. David Grider believes that Ethereum has the best "metric that correlates the degree of market risk with the return on investment received" when comparing Ethereum to all other types of digital assets .

Grider is confident that various companies willinvest in cryptocurrencies such as Bitcoin and Ethereum, noting that organizations are attracted to the innovation behind the digital asset phenomenon.

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

For a safe and convenient purchase of cryptocurrency, we have prepared a rating of the most reliable and popular cryptocurrency exchanges that supportDeposit and withdrawal of funds inrubles, hryvnias, dollars and euros.

The most reliable platforms with the largest cash turnover have been for several yearsthe largest cryptocurrency exchange in the world is Binance.Binance is the most popular crypto exchange in the CIS, as it hasmaximum trading volumes and supports transfers in rubles from bank cardsVisa / MasterCardand payment systemsQIWI, Advcash, Payeer.

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

# Cryptocurrency exchange Official site Site evaluation
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 functions of the platform, including uninterrupted trading, deposits and withdrawals of funds, as well as the duration of the market and daily trading volume.
  • Commissions– the amount of commission for trading operations within the platform and 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 ranking.

Research: by the end of 2021, the price of BTC will reach $ 100,000

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