Technology
Bitcoin price predictions – including ‘when it will hit $400,000 for ONE coin’
A PANEL of fintech, crypto, and NFT experts have shared their Bitcoin price predictions over the next decade.
A new report published by Finder on Wednesday gave Bitcoin holders who are planning to ‘HODL’ a beacon of hope.
A panel of experts thinks one day a single Bitcoin could be worth $400,000
Every week, Finder asks a rotating panel of five fintech experts to predict Bitcoin’s market standing (i.e. bullish, neutral, or bearish) for the upcoming 2 weeks.
The finance site also probed the thoughts of 33 industry experts at the beginning of January regarding Bitcoin’s potential performance over the next decade.
Bitcoin in 2022
According to the experts, which include fintech, cryptocurrency, and NFT specialists, Bitcoin will reach a peak of about $93,717 in 2022.
However, the experts added that the cryptocurrency value will drop to $76,360 by the end of the year.
The years’ end prediction is roughly 60% higher than the price of Bitcoin at the beginning of 2022.
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Bitcoin forecast for 2025 and 2030
The specialists believe that by the end of 2025, BTC will be worth $192,800.
They also added that the crypto will likely climb to an unprecedented $406,400 by the end of 2030.
While these predicted values are a great increase from BTC’s price in February (~$40,000), they are still lower than the forecasts from October 2021.
While there is some discrepancy across the board of experts on whether or not rising interest rates will cause BTC to tank, the majority seem to think Bitcoin will not only survive but thrive in the future.
All-in-all 61% of the panelists seem to think that it’s currently the time to buy Bitcoin; 29% say to hold; 10% say sell.
A majority of experts seem to believe Bitcoin will only climb in value in the long termGetty Images – Getty
In other news, Apple has revealed a bunch of new emojis for the iPhone, including a pregnant man and two saucy symbols.
Experts have warned that future space launches could be jeopardized if “stupid” regimes like Russia don’t stop blasting the skies creating debris.
And the most popular phone since the millennium has been unveiled, with many shocked to find out it’s not an iPhone.
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