Bitcoin has been on a wild ride in the past year. We've seen it's price rise from $1,000 in January 2017 to an all-time high of just shy of $20,000 in December 2017.

Considering the recent volatility in the markets and debates over the future of Bitcoin, it's difficult to say what might happen with this cryptocurrency in the coming years. Here are four predictions for Bitcoin in 2021.

The price of bitcoin will crater below $1000

Brian Kelly, the founder and CEO of digital asset investment firm BKCM LLC, made this prediction. He stated that "the price of bitcoin will not fall below $1,000 any time soon."

Bitcoin may be worth less than $1000 by the end of 2018. This is due to a number of factors that have resulted in a cryptocurrency surplus. These factors include a crackdown on cryptocurrency trading in South Korea and China, as well as increased regulations from government agencies worldwide.

Many people predict that the value of bitcoin will continue to fall in 2018, but there are a few reasons why this may not occur. For example, if Wall Street decides to start trading bitcoin futures, this could potentially help to stabilize the cryptocurrency market.

Governments will start to regulate bitcoin as a commodity

According to the article, governments are the primary players in bitcoin regulation. This is because they are in charge of monetary policy, and we have seen how they can have a significant impact in cases such as China's ban on trading crypto-currencies.
Bitcoin will be regulated as a commodity by governments.
Bitcoin was worth $1,000 per coin in 2017. It reached $19,000 per coin at one point in December 2017.
Bitcoin is a decentralized currency that is not governed by any government or central bank.
The price fluctuates and can skyrocket from one day to the next. Governments are in charge of regulating currency and will, of course, be interested in regulating bitcoin as well.

Bitcoin mining operations will become defunct due to renewable energy sources

Bitcoin mining operations consume a massive amount of energy, which will lead to power shortages in the future. One solution is to power mining operations with renewable energy sources such as wind and solar.
This article looks at the history of Bitcoin and what it would mean for Bitcoin miners if renewable energy became available. This article predicts that Bitcoin mining operations will become obsolete due to a lack of required resources such as water, electricity, and land. The article investigates the solutions that Bitcoin miners could implement to address this issue, such as using renewable energy sources such as wind and solar to power their mines.

Bitcoin has dominated headlines in recent months due to its unprecedented rise in value over time, peaking at more than $19000 per coin before plummeting below $10000 per coin this year. According to some experts,

Bitcoin trading volume on stock exchanges will increase dramatically

The number of bitcoins traded on a digital currency exchange in a given period is referred to as the bitcoin trading volume.
Many factors influence bitcoin trading volume, including the economic and political situation, the price of bitcoin, and how easy it is to trade in different regions.
The volume of Bitcoin trading will skyrocket. This is because the price of bitcoin has steadily increased, attracting more people who invest in cryptocurrencies.
Except for bitcoin, the value of all digital currencies will plummet dramatically.