Bitcoin (BTC) Price Prediction 2022 – 2025 According To The Crypto Experts BBC

 


Bitcoin (BTC) Price Prediction 2022 – 2030 According To The Crypto Experts

Posted on November 07, 2022 in 
Articles
Investing
Market Movements

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Today, Bitcoin has become one of the most favorable investment options. Even though the price easily fluctuates, many people still believe they can earn huge profits by investing in Bitcoin. Let’s find out experts’ predictions on Bitcoin (BTC) price in 2022, based on the previous Bitcoin price prediction in 2021 and earlier years. 

Bitcoin (BTC) news update

  • Tim Draper, an American capitalist and the founder of Draper Fisher Jurvetson (DFJ), is confident that Bitcoin price will hit US$ 250,000 by the middle of 2023.
  • Apart from that, experts also believe that BTC price will rally up to 20%, as reported by Cryptonews and Newsbtc.

Bitcoin price movement in recent years

When we discuss Bitcoin price development and movement since its creation, it will take an undeniably long time as this cryptocurrency was created back in 2009.

Since then, Bitcoin price has fluctuated quite a lot, just like any other cryptocurrency. To find out Bitcoin volatility level, we’ve tracked Bitcoin price movement in 2021. 

According to CoinMarketCap, on 9 January 2021, Bitcoin price increased by 559% compared to the previous year. One factor that accounts for this boost is Bitcoin Taproot update.

Bitcoin needed less than one month in 2021 to hit its price record in 2020. BTC price skyrocketed to US$ 40,000 on 7 January 2021.

Then, in mid-April 2021, Bitcoin hit its All-Time High of US$ 60,000. This huge increase was due to Coinbase decision to go public on 14 April 2021. 

Unfortunately, throughout the summer of 2021, BTC price dropped by 50% and reached its lowest level at US$ 29,000 on 19 July 2021.

A few months later, in September 2021, BTC rebounded to US$ 52,693, but only temporarily. Around two weeks later, there was a massive withdrawal, causing the price to drop once again to US$ 4,709.

Bitcoin All-Time High

On 7 November 2021, Bitcoin reached its All-Time High at US$ 67,549. It was the highest Bitcoin price throughout 2021.

Then, in early December 2021, the price dropped to US$ 49,243. When we published this article on 9 June 2022, according to CoinMarketCap, BTC to USD is at US$ 30,252.27.


Experts’ Prediction of Bitcoin Price in 2022

Bitcoin Chart Price in 2022

Bitcoin price is still falling today. At this condition, what would Bitcoin price prediction be like in 2022?

Every cryptocurrency expert certainly has a different analysis or prediction of Bitcoin price. However, despite the recent volatility and the price decrease, many of them still have faith that Bitcoin would be able to reach US$ 100,000.

According to TechNewsLeader Bitcoin price prediction 2022, Bitcoin will remain at US$ 42,664.

Meanwhile, DigitalCoinPrice predicted that Bitcoin would conclude this year at US$ 43,011. This number is slightly higher than TechNewsLeader prediction.

Another Bitcoin price forecast from CryptoPricePredictions mentions that according to the current Bitcoin price, Bitcoin may reach approximately US$ 37,450 at the end of this year.


Experts’ Prediction of Bitcoin Price in 2023

According to CryptoNewsz, Bitcoin (BTC) price in 2022 would exceed US$ 70,000 and stay steady at that level.

The site also predicted that the lowest Bitcoin price would stay at US$ 65,000 this year. Meanwhile, the analysts expected that the highest Bitcoin price would reach beyond US$ 72,000 in 2023.


Experts’ Prediction of Bitcoin Price in 2024

CryptoNewsz predicted that Bitcoin would begin its journey in 2024 by staying at US$ 78,000 on average. 

BTC maximum trade value would be around US$ 85,000 in 2024. Compared to the previous year, Bitcoin price tends to significantly increase in 2024, along with other cryptocurrency. 


Experts’ Prediction of Bitcoin Price in 2025

Based on changelly.com, BTC price will rise even higher in 2025. The site predicts that Bitcoin will be traded at US$ 124,520.58 on average with a maximum of U$ 137,071.13.

Business2community is on the other hand less positive about BTC price rise and forecast that BTC price will increase to US$ 80,000 by the end of 2025

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