According to crypto experts, 2022 to 2030 will see a rise in the price of bitcoin (BTC).
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08th October,2022
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One of the best investment opportunities available now is bitcoin. Many people continue to think they can make enormous profits by investing in Bitcoin, despite the fact that the price can change dramatically. Based on prior Bitcoin price forecasts for 2021 and earlier years, let's find out what experts believe the price of Bitcoin (BTC) will be in 2022.
Update on Bitcoin (BTC) news
The CEO of MicroStrategy, Michael Saylor, predicted that in ten years, the price of bitcoin would increase by 2,50%.
Beginning in October, NYDIG (New York Digital Investment Group) filed an SEC filing announcing an increase of US$720 million for its Bitcoin Fund.
The price of BTC increased 2.7% on October 3, 2022. It is sold for more than $19,000 USD. According to some analysts, this is a bullish indication.
Recent Bitcoin Price Movement this year
Since Bitcoin was launched in 2009, it will undoubtedly take some time to discuss its price development and movement since that time.
Like any other cryptocurrency, Bitcoin's price has experienced significant fluctuations since that time. We monitored the movement of the Bitcoin price in 2021 to determine the level of volatility.
Bitcoin's price grew by 559% on January 9, 2021, as compared to the previous year, according to CoinMarketCap. The Bitcoin Taproot upgrade is one aspect that contributes to this increase.
Bitcoin reached its price record in 2020 in less than a month in 2021. On January 7, 2021, the price of BTC surged to US$ 40,000.
After then, Bitcoin reached an all-time high of US$ 60,000 in mid-April 2021. Due to Coinbase's decision to go public on April 14, 2021, there was a significant spike.
Unfortunately, the price of bitcoin fell by 50% over the course of the summer of 2021, reaching its lowest point on July 19 at US$ 29,000 per unit.
A few months later, in September 2021, BTC briefly recovered to US$ 52,693. A significant withdrawal occurred about two weeks later, which caused the price to plummet once more to US$ 4,709.
Bitcoin Record High
Bitcoin's all-time high price was set on November 7, 2021, at US$ 67,549. Throughout 2021, it represented the highest Bitcoin price.
The cost then decreased to US$ 49,243 at the beginning of December 2021. On June 9, 2022, when we published this piece, the value of Bitcoin in US dollars was $30,252.27, as reported by CoinMarketCap.
Bitcoin Price Prediction by Experts for 2022
Price of Bitcoin in 2022 chart
Today's price of bitcoin is still declining. What would the 2022 Bitcoin price estimate look like under these circumstances?
Each cryptocurrency specialist undoubtedly has a unique analysis or forecast for the price of Bitcoin. Nevertheless, despite the recent volatility and price drop, many of them continue to believe that Bitcoin can reach US$ 100,000.
Bitcoin's price will remain around US$ 42,664 in 2022, predicts TechNewsLeader.
DigitalCoinPrice forecast that Bitcoin would end this year at US$ 43,011 at the time. This figure is just a little bit higher than what TechNewsLeader predicted.
Another Bitcoin price prediction from CryptoPricePredictions notes that, based on the current Bitcoin price, Bitcoin may reach about US$ 37,450 at the end of this year.
Bitcoin Price Prediction by Experts for 2023
According to CryptoNewsz, Bitcoin's (BTC) price would surpass US$ 70,000 in 2022 and remain constant at that amount.
Additionally, according to the website, this year's lowest Bitcoin price would remain around US$65,000. Analysts predicted that in 2023, the price of bitcoin would reach a peak of about $72,000.
Bitcoin Price Prediction by Experts for 2024
According to CryptoNewsz, Bitcoin will start its journey in 2024 by averaging US$ 78,000.
In 2024, the highest transaction value for bitcoin would be about $85,000. Along with other cryptocurrencies, the price of Bitcoin tends to rise sharply in 2024 compared to the previous year.
Bitcoin Price Prediction by Experts for 2025
According to changelly.com, the price of BTC will increase much more in 2025. The website projects that Bitcoin will trade at an average price of US$ 124,520.58 and a maximum price of US$ 137,071.13.
Business2community is on the other side less bullish about BTC price rise and estimated that BTC price will increase to US$ 80,000 by the end of 2025
Experts’ Prediction of Bitcoin Price in 2026
The experts at Priceprediction.net estimate that in 2026, the price of Bitcoin will range from a high of US$ 214,232.74 to a low of US$ 181,308.21, with an average price of US$ 186,289.04.
Ambcrypto, meanwhile, believes that Bitcoin has additional potential and projects that the average price will conclude 2026 at US$ 274,279.582.
Bitcoin Price Prediction by Experts for 2027
BTC will start the year at an average price of US$ 280,279.966 and conclude the year at US$ 369,103.045, with a minimum and high of US$ 343,265.831 and US$ 394,940.257, respectively, according to ambcrypto's price projection.
On the other hand, Priceprediction.net forecasts that the price of BTC will fluctuate between US$ 260,604.85 and US$ 306,558.57 in 2027.
Bitcoin Price Prediction by Experts for 2028
According to research and analysis by technewsleader, the price of one bitcoin might reach US$ 386,385.43 in 2028, with a predicted average price of US$ 319,069.36.
Priceprediction.net, on the other hand, is more upbeat about the performance of BTC. The website projects that, at the very least, by 2028, the price of coins will increase to US$ 454,445.60.
Bitcoin Price Prediction by Experts for 2029
According to a research by technewsleader, the maximum price of bitcoin will increase to US$ 527,917.79, with an average price of US$ 477,253.81. While ambcrypto forecasts a minimum price of US$621,639.884 and a maximum price of US$715,220.082 for Bitcoin.
Bitcoin Price Prediction by Experts for 2030
Priceprediction.net predicts that the price of BTC will likely average US$ 798,474.46 and have a maximum potential of US$ 937,274.64.
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