Bitcoin Value Analysis 2021 | How Much is Bitcoin Worth?

Exact Bitcoin value for 2021 and beyond. I’ll show you two ways to value bitcoin to find exactly how much the cryptocurrency is worth and how to invest. 💰 Get up to $250 in Bitcoin signup bonus on BlockFi

Bitcoin price predictions are all over the place from zero to half a million dollars but the simple fact is, it’s making millionaires. The value of BTC is up almost 500% over the last year and 15-times your money since the 2018 low. You cannot neglect investing in bitcoin any longer.

But the question is always, how much is bitcoin worth? How much is crypto worth in 2021 and beyond and is it in a bubble? In this video, I’ll give you a complete bitcoin value analysis. I’ll show you multiple ways to value bitcoin to show you exactly how much its worth and how to invest. I’ll share research from Ark Invest and bitcoin price predictions from Mike Novogratz, Ray Dalio and Scott Minerd.

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There are three factors that drive bitcoin price and value; its network of users, investors and corporate cash. If we want to find a fair value for bitcoin, we need estimates for how much these three are each worth.

Tesla, Square and Microstrategy have all invested between 1% to 10% of corporate cash reserve in bitcoin. Ark Invest estimates that a 1% cash allocation by all the companies in the S&P 500 would boost the bitcoin price by $40,000 and a 10% allocation would take bitcoin’s value up by $400k!

There’s also the institutional and high-net-worth investor value to the crypto. Ark predicts that a 1% allocation from money managers would add between $100k to half a million more to the price of BTC.

Finally to find bitcoin’s value from its network of users, I use Metcalfe’s Law. We know the current unique addresses is between 700-900k which bitcoin a value of around $33,000 but that’s its CURRENT value. As an investment, we need to estimate the future value of bitcoin and what that’s worth today. For that, we estimate how many bitcoin users there will be in 3-5 years and get a bitcoin price between $62k – $117k over the next three years.

Adding up the different bitcoin value estimates, we get a rough target between $100,000 to $190,000 and possibly much higher depending on the three factors.

Other bitcoin price predictions include:
Mike Novogratz predicts bitcoin’s price at $100,000 by the end of 2021 based on recent announcements by Tesla and Square
Ray Dalio says bitcoin is worth $85,000 as a gold replacement asset
Scott Minerd estimates bitcoin’s value as high as $600,000 on that gold replacement idea

Bitcoin’s price will be volatile in the short-term just like stocks but these three factors will work to drive it higher over the long-term. It might be a stressful investment at times but three years from now, I think you’ll be happy you invested in bitcoin in 2021.

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Joseph Hogue, CFA spent nearly a decade as an investment analyst for institutional firms and banks. He now helps people understand their financial lives through debt payoff strategies, investing and ways to save more money. He has appeared on Bloomberg and on sites like CNBC and Morningstar. He holds the Chartered Financial Analyst (CFA) designation and is a veteran of the Marine Corps.

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