A number of financial institutions as well as financial experts have shared their bitcoin price predictions for December 2021 this year.
Willy Woo -- $200,000
Citi Bank -- $300,000
Guggenheim -- $400,000
Catherine Wood -- $500,000
JP Morgan -- $650,000
We still have a full year to find out how these predictions would actually turn out; however, one common thing about their predictions is that all of the predicted bitcoin values by around this time next year are well above $100,000. The crypto legend Peter Brandt recently said bitcoin is in the midst of a parabolic rally, posting a chart showing BTC soaring above $48,000 as soon as January.
Let's assume that these predictions are realistic and take the average median value of it, which comes out to be $410,000. This means investing just $10,000 into bitcoin today (at $27,000 per BTC) would become $151,851 by December 2021.
