Bitcoin Price Prediction: The Outlook For The Rest Of 2021

Aug. 06, 2021 1:15 PM ETBitcoin USD (BTC-USD)149 Comments
Logan Kane profile picture
Logan Kane


  • The speculative boom in Bitcoin has cooled since April, but there have been several positive developments for Bitcoin adoption.
  • The Bitcoin mining industry has made significant strides in reducing unnecessary electricity usage.
  • The lightning network is the biggest potential positive catalyst for BTC– it's seeing exponential growth.
  • Why Bitcoin can challenge its all-time highs later this year.

Bitcoin Graffiti
Sean Gallup/Getty Images News

Where is Bitcoin Headed?

Bitcoin (BTC-USD) skyrocketed as part of the broader boom in speculative assets late this last winter and early in the spring. The price of one BTC quickly rose from around $30,000 at

Data by YCharts

This article was written by

Logan Kane profile picture
Author and entrepreneur. My articles typically cover macroeconomic trends, portfolio strategy, value investing, and behavioral finance. I like to profit from the biases and constraints of other investors. Paywalled articles are available along with 1,000+ other authors by subscribing to Seeking Alpha Premium.You can read some more of my work for free here on my Substack.

Disclosure: I/we have a beneficial long position in the shares of BTC-USD either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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