Disclaimer: The datasets shared in the following article have been compiled from a set of online resources and do not reflect Cryptopedicts’s own research on the subject

Robert Breedlove bitcoin price prediction

Robert Breedlove is an entrepreneur, writer, and philosopher. He is an advocate of cryptocurrencies and particularly of Bitcoin.Breedlove is the founder of Bitcoin and finance consulting company Parallax Digital. He is also a YouTuber and the host of the “What Is Money?” podcast.This Robert Breedlove wiki will break down his bio, background, net worth, and involvement in the crypto space.Robert Breedlove has predected bitcoin price.

Robert Breedlove bitcoin price prediction 2030

Robert Breedlove, founder and CEO of digital assets marketing and consulting firm Parallax Digital, predicts bitcoin will be valued at $12.5 million by 2030 because inflationary pressures will drive interest in cryptocurrency, pushing the value of bitcoin up higher than previous projections estimated.

What Is Currently Causing Bitcoin’s Price Movement?

Bitcoin’s price fell below $20,000 this week after the Federal Reserve signaled further interest hikes at an economic symposium in Jackson Hole, Wyoming on Friday. Bitcoin is down more than 8% over the last week. Federal Reserve Chair Jerome Powell said during a speech Friday that the U.S. central bank will use its tools “forcefully” to combat inflation, which remains near a four-decade high.

Edward Moya, a senior market analyst at Oanda, says bitcoin has been showing some signs of stabilizing lately, but the market may not be out of the danger zone yet. Bitcoin has fallen below 20,000 — a key price point — again and the “majority of the crypto space is still skeptical of the bitcoin rebound that started in mid-June,” he says.

The crypto market crash in June was spurred by momentary de-risking from Wall Street as many investors are feeling pessimistic about the economy amid surging inflation, a shaky stock market, and rising interest rates. The crypto market has increasingly tracked the stock market in recent months, which makes it even more intertwined with global economic factors.

Investors are still nervous about the crypto industry’s long-term viability after several major crypto players halted withdrawals, cut jobs, and tried to stem losses in recent weeks, says Martin Hiesboeck, head of blockchain and crypto research at Uphold. However, crypto prices are much more vulnerable to factors contributing to the difficult economic situation than the pullback in the crypto ecosystem, he says.

“The market remains vulnerable and on edge, not necessarily by threats from more crypto projects going bust but from the difficult economic situation we are facing right now,” Hiesboeck says. “In other words, the price of bitcoin depends more on the supply of gas to Germany as it does in any crypto-related news or metric.”

With no end in sight, the war, inflation, and shifting monetary policy in the U.S. will likely continue to drive more volatility in the coming weeks and months, experts say.

Bitcoin has only been above $45,000 for a few short stretches over the past six months and hasn’t been above $50,000 since Dec. 25, 2021. Amid the ups and downs, bitcoin’s current price is a long way off from the latest all-time high it hit in November when it went over $68,000. But even with the recent decline in price, Bitcoin is still more than twice as valuable as it was just a couple of years ago. For bitcoin, these kinds of ups and downs are nothing new.

Bitcoin Price Predictions for 2022: Between $10,000 and $28,000

Bitcoin’s price is extremely difficult to predict and even more susceptible to market factors than more established asset classes. But we decided to ask some experts for their best guesses for 2022 anyway. 

It’s been a brutal first half of 2022 for crypto, as well as the stock market. Investors have turned away from risky assets in a time of a slowing economy, higher inflation, and rising interest rates. Given that Wall Street is in a bear market and experts expect it to last for a few more months, bitcoin could make its way back up to $28,000 by the end of the year, according to an analysis from Deutsche Bank. Meanwhile, a 53-expert panel reported by Finder expects bitcoin’s price to reach at least $25,000 by the end of 2022.

But one expert isn’t convinced bitcoin has hit its lowest price of this year yet. Crypto market analyst Wendy O expects bitcoin to drop as low as $10,000 since it has a history of correcting as much as 85% in past bear markets. The largest crypto hit an all-time high in November 2021 at roughly $68,000, so an 85% correction would lead it to around $10,000, says O. 

However, it’s not going to be a straight shot down. According to O’s technical analysis, bitcoin has several resistance levels, so we’ll likely see a volatile reversal upward before bitcoin completely bottoms out this year.

Bitcoin Price Prediction for 2023: Between $38,000 and $100,000

It was easy to predict a $100,000 Bitcoin price late last year, coming off its latest all-time high in November. With Bitcoin’s big fall since then, the prediction game is even trickier.

“The most knowledgeable educators in the space are predicting $100,000 Bitcoin in Q1 2022 or sooner,” Kate Waltman, a New York-based certified public accountant who specializes in crypto, told us back in November 2021.

But now, experts anticipate bitcoin to end up far away from the $100,000 mark in 2023. It’s more realistic for bitcoin to be in the $40,000 to $50,000 range in the next year, says Jurrien Timmer, director of global macro at Fidelity Investments. 

“I have a sense of what bitcoin is worth and what it’s worth in the future,” he says. “If the demand model says that Bitcoin’s intrinsic value is $50,000 today and $100,000 two years from now (my thesis), then at $30,000 Bitcoin is going to look a lot better than at $70,000.”

Crypto investors expect bitcoin to bounce back to around $38,000 by the start of 2023, according to a survey of roughly 4,400 Americans by intelligence company Morning Consult. Chris Brendler, senior research analyst at D.A. Davidson, has a similar view, predicting bitcoin will be worth at least $38,000 by the end of this year and $50,000 by the end of 2023. 

Bitcoin Price Prediction for 2025: As High As $100,000

Crypto experts say bitcoin can still climb to $100,000 or more like many experts predicted late last year — just on a slower timeline. 

“What I expect from Bitcoin is volatility [in the] short-term and growth [in the] long-term,” says Kiana Danial, founder of Invest Diva and author of “Cryptocurrency Investing For Dummies.”

Investors should expect a “pretty sustainable” rise in Bitcoin’s long-term value driven by organic market movement, with the $100,000 threshold by 2025, according to Timmer. “I remain bullish on Bitcoin as an aspiring store of value in a world of ongoing financial repression,” he says. 

Bloomberg commodity strategist Mike McGlone expects the price of Bitcoin could still hit $100,000 by 2025 once the bear market subsides and crypto prices recover again. A panel made up of more than 50 crypto experts by Finder also expects bitcoin to reach at least $100,000 by 2025. 

“It’s just a question of time. That’s purely measuring, supply by code is going down, demand and adoption are going up,” McGlone said during an interview with Kitco News in June. 

Bitcoin Price Prediction for 2030: From $150,000 to $12.5 Million

Many experts are hesitant to predict a number and a date, especially a full eight years into the future, but rather point to the trend of Bitcoin increasing its value over time. 

Robert Breedlove, founder and CEO of digital assets marketing and consulting firm Parallax Digital, predicts bitcoin will be valued at $12.5 million by 2030 because inflationary pressures will drive interest in cryptocurrency, pushing the value of bitcoin up higher than previous projections estimated. Known as more of a philosopher type among crypto enthusiasts, Breedlove speaks often about the broader social implications of crypto as a form of more transparent, decentralized currency — but his price predictions haven’t exactly been spot-on. 

Ian Balina, founder of crypto research and media company Token Metrics, anticipates bitcoin can go up to $150,000, but the timeline is unclear. Balina says the release of new altcoins and hype about the metaverse will continue to drive the demand for crypto, and bitcoin will therefore bounce back eventually.

Big financial institutions have made their own predictions, as well, with JPMorgan predicting a long-term high of $150,000 and Bloomberg predicting it could hit $400,000 if the currency climbs at rates comparable to the past.

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