Bitcoin Could Quadruple In 2021 Similar to the 2017 Parabolic Rally.

Bitcoin could quadruple in 2021 as the crypto asset experiences a similar parabolic setup that occurred in 2017. "2021 is going to be a lot like 2017 which means bitcoin should do even better in 2021 than it did in 2020, so something above 300%," Lee told CNBC. Following a strong 2020 that saw Bitcoin march to all-time highs for a gain of around 300%, 2021 could be even stronger. That's according to Fundstrat's Tom Lee, who recently said in an interview with CNBC that he sees bitcoin surging another 300%, a quadruple in bitcoin would put the crypto asset well above the $100,000 mark at $116,000.