Cryptocurrency investors should take a price prediction with a good degree of skepticism . One of the major problems with many price predictions about bitcoin is that they lack sufficient analytical support to back up their claims.
Read moreWhat is the prediction for Bitcoin in 2021?
Robert Breedlove, Founder and CEO of the digital assets marketing and consulting firm Parallax Digital, has predicted Bitcoin will pass 300,000 dollars by the October of 2021, which it didn’t, and he expects a worth of over 12 million dollars by 2031.
Read moreAre Bitcoin prices expected to go up?
Bitcoin Adds More Than 70% to its Value in 2021 . 2021 is coming to an end, and Bitcoin remains the most dominant cryptocurrency in the world. The cryptocurrency’s value has experienced a massive increase in value over the past 52 weeks, outperforming numerous major financial assets such as Gold during that period.
Read moreWhat is the expected value of Bitcoin in 2021?
According to his forecast, bitcoin will return to its all-time high of $64,000 by the end of next month, before hitting $98,000 in November. December will see it finally reach above $100,000, according to the analyst, who predicts it will finish 2021 at $135,000 — more than three-times today’s price.
Read moreWhat will BTC be worth in 2023?
Bitcoin Price Prediction 2023 The lowest Bitcoin price will be around $70,000 and the highest Bitcoin expected growth price will be above $85,000 in 2023 by the end of the year.
Read moreWhat will Bitcoin worth in 2024?
According to forecasts Bitcoin and most knowledgeable educators, BTC would start the year 2024 with an average price of $86,000; Bitcoin could trade around the price of $92,000 in 2024. This would be very high as compared to the last year.
Read moreWhy is bitcoin going up right now?
Key Takeaways. Bitcoin broke a key resistance level making investors believe there is further upside . Rising inflation and the potential for even more stimulus continues to push people to safe-haven assets. Increased adoption from payment applications like PayPal will give far more people easy access to cryptocurrency.
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