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Bitcoin (BTC) Price to Hit $15,000 All-Time High in 2021: Analyst Tells U.Today

Fri, 03/13/2020 - 13:28
Yuri Molchan
In a recent interview with U.Today, analyst and trader Michael van de Poppe predicted when Bitcoin will reach a new all-time high and what will push it there
Cover image via www.shutterstock.com

Recently, U.Today talked to Dutch analyst Michael van de Poppe (aka Crypto Michael on Twitter) about trading, altcoins and short-term Bitcoin prospects. Poppe trades both on the crypto and stock markets, saying that trading is a bigger thing with stocks and less volatile.

When asked about the next all-time high for Bitcoin, Michael van de Poppe said that he does not expect it to happen this year. He is making a bet on 2021 and supposes that, by then, Bitcoin may reach either $12,000 or $15,000.

“Probably around $12,000 to $15,000. Somewhere in that region, I guess.”

Interview with Crypto Michael: Which Crypto to Trade With And How Much Bitcoin Will Cost in 2020

However, he admits that the price could surge in 2020 if the BTC market shows a large rebound or some major FOMO emerges.

Another option, he is considering, for Bitcoin to rise is through the equity market:

“Maybe, if we get some big market structured thing that happens in the equity market that starts to spike like hyperinflation or whatever. But unless that happens, I think it's going to be next year.”

About the author

Yuri is a journalist interested in technology and technical innovations. He has been in crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future. ‘Hodls’ cryptocurrencies. Has written for several crypto media. Currently is a news writer at U.Today.

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