A PANEL of fintech, crypto and NFT experts shared their Bitcoin price predictions for the next decade.
Each week, Finder asks a rotating team of five fintech experts to predict the market state of Bitcoin (i.e. bullish, neutral, or bearish) for the next 2 weeks.
The financial site also polled 33 industry experts in early January on Bitcoin’s potential performance over the next decade.
Bitcoin in 2022
According to experts, including fintech, crypto and NFT experts, Bitcoin will peak around $93,717 in 2022.
However, the experts added that the cryptocurrency’s value will drop to $76,360 by the end of the year.
The year-end prediction is about 60% higher than the Bitcoin price at the beginning of 2022.
Bitcoin Forecast for 2025 and 2030
Experts believe that by the end of 2025, BTC will be worth $192,800.
They also added that the cryptocurrency will likely rise to an unprecedented $406,400 by the end of 2030.
While these predicted values are a big increase from the price of BTC in February (~$40,000), they are still below the forecast from October 2021.
While there is some disagreement within the panel of experts as to whether rising interest rates will cause BTC to drop, most seem to assume that Bitcoin will not only survive but thrive into the future.
Overall, 61% of panelists seemed to think that now is the time to buy Bitcoin; 29% said to hold; 10% say sell.
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https://www.the-sun.com/tech/4614722/bitcoin-price-predictions-experts/ Bitcoin price prediction – including ‘when will it hit $400,000 for ONE coin’