NewsBTC
2022-01-30 17:00:22

Bitcoin Price Prediction: Analyst Lowers The Forecast

It’s always a great time to be alive when you’re predicting the future of bitcoin. Panelists from various industries and fields have revised their predictions with us again, but they still think this cryptocurrency will hit new highs by 2022. Cryptocurrencies are not for the faint-hearted, but experts believe that record highs await us in 2022. Bitcoin has seen a significant drop in value this week, with prices currently sitting at around 50% of their all-time high. However, it has recovered slightly after reaching as low as $33K on Monday morning and is worth about $37K. Related Post | Bitcoin Recovers From Seven Month Low Of $33K Analysts are split on whether or when to buy, sell and hold cryptocurrency. However, more than half believe this is a good time for buyers, with only 45% disagreeing. It is interesting to see how different groups respond when given an investment opportunity. In this case, 29% of those surveyed said they should neither buy nor sell, while 10% thought investors should sell. Bitcoin Price Predictions By the end of 2022, experts from the top 33 fintech predict that the bitcoin price will reach an all-time high. The prediction is $93 717 – more than $20,000 higher than its current all-time high in November. The panel predicts that by the end of 2025, bitcoin will trade on $192,800 and mount to $406,400 by 2030. While these predictions may seem lofty goals at first glance- they̵...

Get Crypto Newsletter
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.