Crypto Weekly: 2/4/2021
Feb 4, 2021
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THIS MESSAGE IS BEING SENT SOLELY TO CLIENTS OF FSINSIGHT
Last Thursday, we held our FSInsight 2021 crypto outlook call and made three bold predictions:
- We raised our price target on Bitcoin from $40k to $100k.
- We reiterated our $10.5k Ethereum price target released on 1/20/2021.
- We forecasted the total crypto market cap to rise to $5T.
Outlook Implied Crypto Market Expectations
While prices have risen a bit since our call last week, the below table illustrates the outlook implied expectations for the market cap of Bitcoin, Ethereum and altcoins more generally.