Bitcoin price can hit $450K in 2021, $135K is ‘worst-case scenario’ — PlanB

Bitcoin (BTC) could trade at an eye-watering $450,000 by the end of 2021, while $135,000 would be the “worst case scenario.”

That’s according to analyst PlanB, who on June 20 released his latest sentiment-busting bullish BTC price prognosis.

Bitcoin to match all-time high in October

Well known as the creator of the stock-to-flow Bitcoin price forecasting models, PlanB has repeatedly bucked the overall market mood in recent weeks and months.

Even as BTC/USD sees multiple retests of lows from months past, the analyst — and his models — remain firmly fixed on a far brighter mid-term goal for the largest cryptocurrency.

Now, even the “worst-case scenario” for Bitcoin would still see it trade at $47,000 in August. A slight reversal in September places the minimum target at $43,000 for that month, only to be followed by $63,000 in October — near current all-time highs.

Things then heat up, with $98,000 on the cards in November and a giant $135,000 by the end of the year.

BTC/USD stock-to-flow model “worst case scenario” forecast as of June 20. Source: PlanB/ Twitter

As such, Bitcoin is still four months from re-matching its all-time high — a prediction that nonetheless beats some bearish models currently circulating from traders.

These include Josh Rager, who this week claimed that $64,500 may well have been this price cycle’s top — something PlanB has specifically renounced on multiple occasions.

“Wait until you seen my base case and best case scenarios! OK, a hint: best case Dec $450K,” he added in comments about what Bitcoin could be capable of in 2021.

Kiyosaki waits for $24,000 buy-in

As Cointelegraph reported, meanwhile, the weekend is seeing problematic moves by Bitcoin.

Sunday’s low stood at $33,337 on Bitstamp at the time of writing, with BTC/USD shedding 5% on the day and reversing most of the previous week’s gains.

Calls for a further leg down are growing from various sources, with Robert Kiyosaki, author of “Rich Dad Poor Dad,” being the latest high-profile…

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