NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: Crypto Bulls Rejoice: Congresswoman Confirms Powell’s Imminent Firing
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: Crypto Bulls Rejoice: Congresswoman Confirms Powell’s Imminent Firing

Bitcoin Price Could Surge To $50,000 By Mid-2021: Here’s Why

Nick Chong
Nick Chong
1 year ago
3 mins read

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Since Bitcoin (BTC) hit $20,000 for the first time in December 2017, analysts have been wondering when the cryptocurrency will break its next big price milestone next. The closest round-number milestone from $20,000 is arguably $40,000 or $50,000.

Related Reading: Watch Out, This New Bitcoin Scam Is All Over Youtube

While $50,000 is 450% higher than the current price of just shy of $9,000, a model backtested to be quite accurate in the volatile crypto market suggests that Bitcoin will hit this auspicious price point in the middle of 2021. Here’s more on why.

Bitcoin Will Likely Hit $50,000 In 2021, Model Predicts

In Spring of last year, a user on Twitter named PlanB suddenly rose to notoriety within the cryptocurrency space when the analyst, later revealed to be a quant at a European institution, revealed a revolutionary Bitcoin price model.

The model, dubbed the stock-to-flow model, equated Bitcoin’s scarcity, derived from the above-ground supply divided by the rolling issuance of the coin, to the asset’s market cap. It determined, to a 95% R squared, that after the BTC block reward reduction in May 2020, a coin will have a fair value of anywhere between $55,000 to $100,000.

While Bitcoin will seemingly eventually achieve that price point due to the historical accuracy of the model, the model does not predict when the surge will occur.

GeertJancap, a Twitter user interested in disruptive technologies, recently tried to solve this mystery of when should Bitcoin trade at parity with the stock-to-flow model.

He noted in a semi-crypto-viral tweet that per his transfer function model of Bitcoin’s price, BTC’s price will catch up to PlanB’s lofty model a year after the halving in the middle of 2021.

The model appears to model the bubbles ánd bear markets fairly well. It confirms a certain inertia of price reaction, so a lag ánd overshoot. Model would predict: Price will catch up with S2F ratio a year after the halving. And overshoot by ~ 2x. (3/3) h/t Tom! pic.twitter.com/kWecmWgH5e

— GeertjanCap (@Geertjancap) January 15, 2020

 

Related Reading: Crypto Tidbits: Elon Musk Pokes Bitcoin Bear, Japanese Giants Delve Into Cryptocurrency Mining, Baidu’s Blockchain Beta

Others Want it Sooner

While $50,000 by mid-2021 would already be an astounding achievement for a market as uncertain as Bitcoin, some want this milestone (or at least a price around $50,000) to come even sooner than 18 months from now. Much sooner.

Related Reading: This Late Night Host Just Exposed Millions to Bitcoin, Again

Ex-Goldman Sachs partner Kelvin Koh, who is now a partner at blockchain advisory and investment fund The Spartan Group uses, recently noted on Twitter that he is certain BTC’s recent move from $7,000 to vaguely $9,000 is “just the start” of something much bigger.

Something bigger, he claimed, being his sentiment that this year, the price of BTC will hit $40,000, some 400% higher than current prices. He specifically cited his firm’s belief that there will be a “supply crunch post halving.”

What happened to the guys that thought that BTC halving is priced in? They are in for a rude surprise. This move from $7K to $9K is just the start. The real parabolic move is ahead of us after the halving in May. pic.twitter.com/mb4tLZ9Vcj

— Kelvin Koh (@SpartanBlack_1) January 15, 2020

There’s also the chief executive of Nexo, who said that BTC could hit $50,000 by the end of the year, as crazy as this may sound.

Halving Bullish Regardless

Whatever the case, the halving has seemingly been proven to be bullish for BTC in the long term. 

Melik Manukyan, a prominent Bitcoin commentator and engineer, recently posted the Twitter thread below, showing that the scarcity of the leading cryptocurrency should lead to dramatic price appreciation with a multi-month lag following the event.

The engineer remarked that halvings will have a large impact on the supply-demand economics of the BTC market, which should eventually result in prices heading higher to a decrease in mined supply being sold on the market.

Featured Image from Shutterstock
Tweet123Share250ShareSend
Nick Chong
Nick Chong

Nick Chong

I am a writer who has been following Bitcoin for years now. My insights and interviews have been featured in leading publications in the industry such as LongHash and Decrypt. I own a small amount of Bitcoin.

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

Ethereum price news

Ethereum Could Shoot Above $4,000 This Week, Predicts Analyst

Ethereum is flashing signs of an aggressive upside move, with well-known crypto analyst Kaleo (@CryptoKaleo) forecasting what he described as...

Jake Simmons 2 hours ago
bitcoin price btc btcusd

Bitcoin Price Still Not Overheated Says Top Metrics, Is $150k Close?

The Bitcoin price has been cooling off on low timeframes, while the altcoin markets take advantage to trend higher. The...

James Halver 3 hours ago

SOL幣價格現強勢能突破300美元嗎?牛市來臨前最值得下注的1000倍幣!

根據最新價錢走勢,Solana(SOL)今日又升5%,目前徘徊於168美元上下,與年初不到40美元的水平相比,已出現顯著反彈,年內漲幅超過280%。儘管短期內面臨盤整壓力,但市場情緒依然積極,部分技術...

Kelvin Lee 3 hours ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

bitcoin

Bitcoin Set To Soar? Analyst Sees Fresh $2 Billion Liquidity Triggering Next Leg Up

Ash Tiwari 57 minutes ago
Bitcoin Recovers to $119K But Key Indicators Show Mixed Signals

Bitcoin Recovers to $119K But Key Indicators Show Mixed Signals

Samuel Edyme 1 hour ago
Bitcoin Price Pauses for Breath

Bitcoin Price Pauses for Breath—Consolidates Gains Before Next Big Move?

Aayush Jindal 2 hours ago

Premium Sponsors

Press Releases

  • 2 kryptoměny s extrémně vysokým oceněním, které mohou stát za to riziko

    2 kryptoměny s extrémně vysokým oceněním, které...

    10 hours ago
  • 2 rendkívül magas árfolyamú kriptovaluta, amelyeket érdemes lehet kockáztatni

    2 rendkívül magas árfolyamú kriptovaluta, amelyeket...

    10 hours ago
  • 2 криптовалути с небесни оценки...

    13 hours ago
  • 仮想通貨プレセール|ビットコイン向け最速かつ唯一の本格レイヤー2が300万ドル突破

    ...

    13 hours ago
  • 2 rendkívül magas árfolyamú kriptovaluta, amelyeket érdemes lehet kockáztatni

    ...

    13 hours ago

Newsletter

Be the first to get the latest important crypto news & events to your inbox.

  • This field is for validation purposes and should be left unchanged.

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.