Citibank analyst makes tentative $318K Bitcoin prediction for December 2021

Cointelegraph

Published Nov 16, 2020 06:11AM ET

Updated Nov 16, 2020 08:00AM ET

A recent Bitcoin (BTC) technical analysis prepared by CitiFX for its institutional clients points to a potential high of $318,000 sometime in December 2021.

As highlighted by Twitter commentator Alex on Nov. 14, the exact figure is of little value over such a long time frame. However, the analysis does suggest that Bitcoin “price is likely to continue to go up, and a lot.”

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