Citibank analyst Tom Fitzpatrick is outlining the technical and fundamental factors that would serve as catalysts for a Bitcoin explosion within the next 13 months.
A report circulated by Altana Digital Currency Fund co-founder Alistair Maine and other crypto influencers on Twitter reveals Fitzpatrick is predicting that the world’s leading cryptocurrency will skyrocket to $318,000 by December 2021.
Source: Alistair Maine/Twitter
According to Fitzpatrick, Bitcoin is poised to be the clear winner in a world that copes with the economic and fiscal impacts of the pandemic. The Citibank analyst explains that he no longer expects governments to implement any form of fiscal austerity.
“The second (and in my view) more ‘monumental’ guidance was the indication that as the economy/inflation and employment pick up, they will not look to constrain monetary policy in the same