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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...

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