The independent comparison platform Finder recently published an article about the Bitcoin market. The article reports the opinions of several crypto experts on bitcoin (BTC). He especially talks about the predictions of these specialists regarding the prices of the main crypto projects in the future.
$270,000, or even $1 million by 2030!
Several crypto specialists have recently given their opinions regarding the upcoming trend in the bitcoin (BTC) market. 77% of experts surveyed by Finder believe that Bitcoin is still a store of value, despite the market mark. Having said that, students have said that BTC it would be worth $21,344 by the end of 2022. It is also possible that the crypto “To reach $24,013 in 2022“. However, specialists have predicted a low to $15,283 in the market before the end of the year.
The IS experts He also said that the value of BTC could rise to $79,193 by the year 2025. This value represents an increase of at least 310% compared to the current price of BTC, which is around $19,150. In addition, specialists interviewed by Finder believed that the crypto to trade at $270,722 in 2030. This is a 1,313% upside from BTC’s current price.
Meanwhile, Serhii Zhdanov, CEO of EXMO exchange, argued that BTC could trade at $25,000 before 2023. He added crypto will hit $1 million in 2030. “Nothing has fundamentally changed for Bitcoin, it is a global capital crisis and Bitcoin is affected in the short term, but it will recover; Many other financial assets will not“, he emphasized.
Is the crypto flagship overvalued or undervalued?
Finder reports that 19% of experts surveyed believed that BTC is overvalued. For 25% of specialists, the flagship crypto project is trading at a fair price instead. But, 56% of the experts talk about the undervaluation of bitcoin (BTC).
InvestDEFY Technologies Chief Strategy Officer Aaron Samsonoff is of the opinion that crypto is worthless. Furthermore, he explained that it is a hedge against currency depreciation, and not against inflation.
However, for Jeremy Cheah, associate professor of decentralized finance at Nottingham Trent University, BTC is too expensive. “Bitcoin […] now it is an alternative common investment and therefore sensitive to major global events and macroeconomic conditions“.
A Finder platform survey suggests that most crypto experts believe in the strength of bitcoin (BTC). Moreover, the majority of experts surveyed believe that crypto is worthless.
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Far from dampening my enthusiasm, an unsuccessful investment in cryptocurrency in 2017 only increased my enthusiasm. So I decided to study and understand the blockchain and its many uses and pass my pen knowledge related to this ecosystem.