According to 33 industry experts from Finder, Bitcoin price will be worth $76,360 by the end of 2022 before rising to $192,800 by 2025 and why holding until 2030 will be the real payoff. But… at the time of writing, BTC is changing hands at $37,828.
BTC/USD 4-hour chart | Source: TradingView
Bitcoin price prediction 2022
Bitcoin is expected to peak at US$93,717 this year before dropping to $76,360 by the end of 2022, according to Finder’s panel of 33 fintech specialists. This is roughly 60% higher than the price of Bitcoin at the beginning of 2022.
By the end of 2025, the panel predicts BTC will be worth $192,800 and climb to $406,400 by the end of 2030. These are significant increases from BTC’s price at the time of writing in mid-January but much lower than their forecasts from the October report:
- The panel’s prediction of $192,800 for the end of 2025 is 7% lower than their October forecast.
- The panel’s prediction of $406,400 for the end of 2030 is 28% lower than their October forecast.
Forecasts are the average prediction from the panel and are listed in US dollars. In January 2022, 30-panel members gave their price predictions for 2022, 2025, and 2030 | Source: Finder
Potential interest rate hikes might be what’s leading the panel to be more conservative with their predictions compared to back in October. So, is now the time to buy, sell, or hodl BTC?
Several panelists, including Finder’s founder Fred Schebesta, say it’s time to buy BTC. If you are planning to buy or sell Bitcoin or other cryptocurrencies, the panel thinks the “moving average” is the most important technical indicator to consider (61%). The next most popular indicators are Bitcoin dominance (57%), the moving average convergence divergence (43%) and the relative strength index (25%).
With the price of BTC and other cryptocurrencies skyrocketing over the past couple of years, many investors are wondering if the market is a bubble. If there were a bubble or another issue that causes the crypto market to experience a downturn, nearly half (45%) say BTC would be the coin to hold should the market experience a downturn.
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Read more:
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