Although Bitcoin is no longer shining and has been going through difficult times for more than a year now, crypto experts expect an explosive evolution of the digital asset in the medium and long term.
The crypto market goes hand in hand with other financial markets. Thus, in the post-COVID period, both the stock market and the digital currency market have been hit hard by the new socio-economic context.
Crypto has bled profusely for more than a year now, but digital asset specialists anticipate a strong comeback for tokens in the medium to long term.
The pioneer of the cryptocurrency market will remain Bitcoin, considered a veritable store of value by all digital asset specialists. Their volatility has destroyed a lot of lives, left people personally bankrupt and made others rich. The difference has been made by financial education, knowledge of the phenomenon, inspiration and patience.
Speaking strictly about BTC prices in recent years, here's how much the main cryptocurrency cost in December each year, roughly:
2022 - $20,000;
2021 - $46,000;
2020 - $27,000;
2019 - $7,000;
2018 - $10,000;
2017 - $13,000;
2016 - $1,000;
Investors are eagerly awaiting the next halving, scheduled for 2024. Thus, based on history, traders expect the number of BTC in circulation to be halved, and therefore the value of assets to rise sharply. Basically, a new bull market is expected.
Until then, socio-economic direction, possible bankruptcies of financial players (especially crypto institutions) and various regulations could cause turbulence in the markets, so nothing is set in stone.
Estimates for bitcoin's price value have always piqued investor interest, so today we're here with our predictions.
Cryptocurrencies are complex instruments and have a high risk of losing money quickly due to leverage. You should consider whether you understand how they work and whether you can afford to take the high risk of losing your money. We are not responsible for potential losses. We only inform you.
Recently, Robert Kiyosaki stated the following:
The great crash is coming. Depression is manageable. The Fed, it's forced to print billions, fake money. Gold will reach $5,000 by 2025, silver $500, Bitcoin $500,000...
Mike McGlone, Bloomberg's commodity expert, estimates that Bitcoin will reach $100,000 per unit soon after halving or even in 2025. In other words, the $100,000 threshold is only a matter of time. You have his statement here:
I certainly expect bitcoin, in the next few years, probably during the halving period, maybe in 2025, to reach $100,000 per unit.
An editorial by PricePrediction comes up with even more huge numbers, for a longer period:
2023 - $30,000;
2024 - $44,000;
2025 - $64,000;
2026 - $91,000;
2027 - $136,000;
2028 - $202,000;
2029 - $290,000;
2030 - $425,000;
2031 - $637,000;
2032 - $934,000.
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The crypto market goes hand in hand with other financial markets. Thus, in the post-COVID period, both the stock market and the digital currency market have been hit hard by the new socio-economic context.
Crypto has bled profusely for more than a year now, but digital asset specialists anticipate a strong comeback for tokens in the medium to long term.
The pioneer of the cryptocurrency market will remain Bitcoin, considered a veritable store of value by all digital asset specialists. Their volatility has destroyed a lot of lives, left people personally bankrupt and made others rich. The difference has been made by financial education, knowledge of the phenomenon, inspiration and patience.
Speaking strictly about BTC prices in recent years, here's how much the main cryptocurrency cost in December each year, roughly:
2022 - $20,000;
2021 - $46,000;
2020 - $27,000;
2019 - $7,000;
2018 - $10,000;
2017 - $13,000;
2016 - $1,000;
Investors are eagerly awaiting the next halving, scheduled for 2024. Thus, based on history, traders expect the number of BTC in circulation to be halved, and therefore the value of assets to rise sharply. Basically, a new bull market is expected.
Until then, socio-economic direction, possible bankruptcies of financial players (especially crypto institutions) and various regulations could cause turbulence in the markets, so nothing is set in stone.
Estimates for bitcoin's price value have always piqued investor interest, so today we're here with our predictions.
Cryptocurrencies are complex instruments and have a high risk of losing money quickly due to leverage. You should consider whether you understand how they work and whether you can afford to take the high risk of losing your money. We are not responsible for potential losses. We only inform you.
Recently, Robert Kiyosaki stated the following:
The great crash is coming. Depression is manageable. The Fed, it's forced to print billions, fake money. Gold will reach $5,000 by 2025, silver $500, Bitcoin $500,000...
Mike McGlone, Bloomberg's commodity expert, estimates that Bitcoin will reach $100,000 per unit soon after halving or even in 2025. In other words, the $100,000 threshold is only a matter of time. You have his statement here:
I certainly expect bitcoin, in the next few years, probably during the halving period, maybe in 2025, to reach $100,000 per unit.
An editorial by PricePrediction comes up with even more huge numbers, for a longer period:
2023 - $30,000;
2024 - $44,000;
2025 - $64,000;
2026 - $91,000;
2027 - $136,000;
2028 - $202,000;
2029 - $290,000;
2030 - $425,000;
2031 - $637,000;
2032 - $934,000.
Please share this website and give a follow to our instagram account.
Thank you!
Source