Binance US CEO Says Bitcoin Will Reach $75-$100k By the End of 2021

By Abhimanyu Krishnan | News | 4 Jan 2021


Binance US CEO Catherine Coley, in an interview on KTLA News on Jan. 2, said that Bitcoin could reach a maximum of $100,000 by the end of the year. 

  • Coley was confident in Bitcoin's ability to prosper as an independent asset class, saying that it would it reach between $75k and $100k in 2021
  • Throughout the interview, Coley touted the benefits of holding an uncorrelated asset like Bitcoin
  • Her prediction fits the prediction of many others, from market analysts to prominent investors like Tim Draper 
  • According to the much discussed Stock 2 Flow Model, Bitcoin would be approximately $92,000 by the end of 2022
  • Draper believes that 1 Bitcoin will be worth $250,000 by 2023, while Social Capital CEO Chamath Palihapitiya believes that a $1 million valuation is possible

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Abhimanyu Krishnan
Abhimanyu Krishnan

Technophile, cryptocurrency enthusiast and journalist.


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