A combination of supply and demand dynamics and the actions of legacy financial systems will push bitcoin to $200,000 in 2021. Bitcoin has been on a tear in 2021, and if history is any indication, we should expect bitcoin to continue to run well past the six figures mark, and to $200,000 and beyond in 2021. The Halving Cycle Dynamic, Programmatic Price Action While the typical skeptic will shout from the rooftops, “Bitcoin is nothing more than a speculative bubble!” and how there is “No intrinsic value, Bitcoin is just tulips!,” these critics clearly have not done much critical thinking…

The stock-to-flow model, which accounts for the availability and production of an asset, can help predict the future bitcoin price. They say that the simplest way to beat the system is through emotionless investing. The irony, however, is that there is no form of investing in which emotions are not involved. If you have been part of the Bitcoin community, then you are not unfamiliar to price predictions ranging from zero to hundreds of millions of dollars. While very few of these predictions are backed by technical analysis, most of them are just guesses driven by people’s feelings at different…