Bitcoin has been following a cyclical pattern of growth and drops. BTC was worth $100 and went to $1000 to then drop to $250. From that price, it went to 20k and dropped back to 3k. Now it's worth 27k and the cycle seems to be repeating.
What will BTC pick at in 2021? Based on projection based on the previous cycles BTC will be worth 30k in February, 45k in May, and 80k in August, to then pick at 300-350k and drop back to more or less 60k-120k. If you think this is a crazy prediction well, previous pumps have been crazier than this.
Also, given the same projection, BTC will peak at 2-3 million dollars in 2025 or 2026 and drop back to 1 million.
(Nothing here is financial advice)
Conclusion
Following analysis from previous cycles, BTC may pick at 350k in 2021.
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