Although their Bitcoin price forecast for 2021 did not reach $100,000, Brock Pierce, former chief strategy officer of Block One, and Tom Lee, co-founder of research firm Fundstrat Global Advisors, both believe that Bitcoin may reach $200,000 in 2022.

Essentially, although Bitcoin’s high of $69,000 was set on November 10 and BTC is currently trading at $46,270, their ambitious forecast for 2022 has doubled.

Tom Lee predicted BTC to be $200,000 in the market rebellion on December 23 Roundtable discuss. He said in the discussion:

“So maybe Bitcoin, you know, is in the $200,000 range. I mean, I think it’s achievable, I know it sounds great, but it’s very useful.”

Lee has kept his 2021BTC price prediction Given that ProShares launched the first Bitcoin ETF in the United States, it will reach $100,000 by October at the latest.

At the time, he also predicted that Bitcoin exchange-traded funds (ETFs) would attract at least $50 billion in the next 12 months. The US Bitcoin ETF currently holds approximately $1.5 billion in assets between Valkyrie, Van Eck and ProShares products.

At the same time, Pierce told Fox Business Channel on December 29, “It can be imagined that it may temporarily exceed $200,000, and then fall back again.”

in a Article of January 22 At the beginning of the year, Pierce cited $100,000 as the top of the 2021 range:

“I (expected) Bitcoin to see a low level of resistance. By the end of this year, we can get a gain of $70,000 to $100,000, but it will not be without volatility.”

To be fair, the lower end of the range was indeed hit on November 10.

The popular anonymous Bitcoin price analyst Plan B is known for its price predictions and inventory flow models. On June 20th, PlanB correctly predicted that BTC would reach $63,000 in October, but as his “worst case”, he missed the $98,000 and $135,000 mark in November and December, respectively.

PlanB claimed that the accuracy of his statistical model was within one standard deviation, thus defending his prediction.He stated in a report on December 25 that although his price forecast has deviated tweet,

“$50K-$200K 1 standard deviation band feels very wide. Some people think that this makes the S2F model invalid and useless, but does it?”

related: Bitcoin fell below $47,000, but a trader is now looking at the “reliable risk/reward” of BTC

Bobby Lee, the founder and CEO of Ballet Crypto, predicted on CNBC on March 22 that BTC will reach 300,000 USD this year Squeak box. This is one of the most ambitious forecasts this year.

The mispredictions of every public figure emphasize the necessity of conducting their own research (DYOR) in cryptocurrency investment, and regard price predictions as a pleasure rather than a serious guide to the future.