Crypto Analyst: $100K Bitcoin ATH By EOY 2021 Is A Realistic Scenario

Bitcoin price may be crashing currently, but the first-ever cryptocurrency is expected to someday reach prices of $100,000 to as much as $1 million per BTC.

According to one crypto analyst, the first of those two numbers is a very “realistic” scenario that could occur as early as the end of the year in 2021.

Bitcoin Price at New ATH, $100K by End of Year 2021

At the height of the 2017 crypto bubble, Bitcoin reached an all-time high price of $20,000 per BTC, and nearly overnight became a household name. But after the turn of the year, the entire crypto market had a major crash, eliminating over 99% of the value from some altcoins, and over 80% of Bitcoin’s value.

Related Reading | Bye-Bye Bull Run: Bitcoin Price Daily Closes Under Vital Moving Average

But Bitcoin always bounces back, and throughout its history, has repeatedly gone through bubble-like cycles where the asset goes parabolic and reaches extreme values before suffering a major collapse and retracement.

The crypto asset…