According to Moore’s law, there exists a doubling time inherent in any exponentially growing technology.
Harvard academic Dennis Porto pointed out the fact that Bitcoin has doubled every eight months since its inception. He claims that the price of Bitcoin could surpass $100,000 by February 2021 due to Moore’s Law:
Porto said, “Moore’s law specifically applied to the number of transistors on a circuit but can be applied to any digital technology.”
If this pattern continues until 2021, that would put bitcoin at around $100,000.