Technology

Bitcoin price prediction – including ‘when will it hit $400,000 for ONE coin’

A PANEL of fintech, crypto and NFT experts shared their Bitcoin price predictions for the next decade.

A new one report published by Finder on Wednesday put Bitcoin those who are planning to ‘HODL’ become a beacon of hope.

A group of experts think that one day, a single Bitcoin could be worth $400,000

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A group of experts think that one day, a single Bitcoin could be worth $400,000

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.

The majority of experts seem to believe that Bitcoin will only increase in value in the long term

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The majority of experts seem to believe that Bitcoin will only increase in value in the long termCredit: Getty Images – Getty

In other news, Apple has revealed a bunch of New emojis for iPhoneincludes a pregnant man and two saucy icons.

Experts have warned that the future Space launches can be dangerous if “stupid” regimes like Russia don’t stop blowing up the sky creating debris.

And most popular phone since a millennium has been announced, with many people shocked to learn it’s not an iPhone.

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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’

TaraSubramaniam

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