Top Five Bitcoin Market Predictions for 2021 and Beyond

Since hitting a market capitalization of $1 trillion on February 19, 2021, Bitcoin has now become a trillion-dollar currency. The world’s first cryptocurrency continues to establish itself as a legal commodity, with its peculiar characteristics of deep decentralization, stable issuance dynamics, and finite supply proving to be quite appealing to investors.

Bitcoin was trading around $5,000 for a brief period in March 2020. BTC is now worth over $50,000 less than a year since, demonstrating the cryptocurrency’s explosive capacity. Institutional investors such as Paul Tudor Jones, Ruffer Investment, MicroStrategy, Tesla, and others are fueling the rally by including Bitcoin in their portfolios and adding large sums of money to the table.

Though institutional investors have evidently joined the Bitcoin market, there are still a number of big players who have not (yet) invested in BTC. The possibility of institutional acceptance speeding up may suggest that there’s still plenty of gas in the tank to propel this amazing Bitcoin rally any higher.

We’ll look at 5 Bitcoin price forecasts made by top investors and blockchain experts throughout this post. The common thread going through these forecasts is that there is no lack of bullish predictions for Bitcoin. When Bitcoin’s price rises, these forecasts are…