According to two polls conducted by the Australian financial services business Finder, bitcoin’s price may rise in the future. Experts predict that the top digital asset will trade for about $21,300 at the end of the year. By 2025 and 2030, they expect the value to rise to approximately $80,000 and $270,000, respectively.
According to the firm’s panel of fintech experts, BTC will end the year at about $21,300, and there are no indications of significant price fluctuations shortly. Nevertheless, this represents an 11% increase over current prices. As of October 2022, the panel predicts $21,344 instead of $25,473 in July, $65,185 in April 2022, or $76,360 in January 2022.
Bitcoin’s long-term price is considerably more optimistic among company pros. By 2025, it may reach $79,193 and by 2030, it may reach $270,722. In its poll from 2021, Finder predicted an even more promising future for the asset:
According to the October 2022 report, the panel predicted BTC would be worth $206,351 in 2025 and $567,472 by 2030. Bitcoin remains a value store for 77% of those surveyed. The CEO of EXMO, Serhii Zhdanov, believes it will reach $1,000,000 by 2030.
— Coin Jupiter (@coinjupiter) October 21, 2022
He said that Bitcoin would be impacted by a global capitalist crisis in the short term, but many other financial assets won’t. Bitcoin hasn’t changed fundamentally, he said. Consumers are encouraged to HODL by 44%, but they are also encouraged to increase their exposure by 46%.
As the most prominent cryptocurrency in market cap and price, Bitcoin will continue to outperform most non-crypto assets, regardless of its loss of market share to other cryptocurrencies. Bitcoin is the least volatile of all cryptocurrencies, so new players can be convinced to invest in it.