The true answer to the question of how high in price will the Bitcoin bubble go is really anyone's guess. Renowned financial guru, Max Keiser predicts that Bitcoin will at least trade up to $400,000 per Bitcoin. John McAfee is even predicting it will go up to $1 Million! Are either of them right?
Not according to The Economic Forecast Agency. At the time of this writing, they are showing a high closing of $129,428 in January of 2021, and a high of $138,488.
After this, they show a steady decline in price all the way into 2022.
Now, how accurate is this data? Well, to be honest, it's about as accurate as using a crystal ball. Which is to say, that any kind of market prediction is like that. Nobody truly knows how things will end up in the future. This will at least give you some numbers to go with your speculation!
What do you think about this prediction? Let us know in the comments?