Experts Predict Bitcoin Could Surpass $122,000 by Next Year Amidst ETF Influence
Quote
Bitcoin is currently trading at $43,200 after rising more than 4% over the past week, with the launch of spot Bitcoin exchange-traded funds (ETFs) in the US having helped its price rise exponentially last year. Analysts currently believe BTC may nevertheless keep going,to surpass $122,000 next year.
According to a panel of experts surveyed by Finder, the price of the flagship cryptocurrency is, based on the average prediction of the panelists, expected to be at a new al-time high of $77,423 by the end of this year, and turn to $122,688 by the end of 2025 and a whopping $366,935 by 2030.
Bitcoin fell below the $40,000 mark shortly after the launch of spot Bitcoin ETFs, pressued by significantly outflows from Grayscale’s Bitcoin Trust, which converted into a spot Bitcoin ETF while new funds from BlackRock, Fidelity, Invesco, and others launched offering exposure to BTC.
According to a panel of experts surveyed by Finder, the price of the flagship cryptocurrency is, based on the average prediction of the panelists, expected to be at a new al-time high of $77,423 by the end of this year, and turn to $122,688 by the end of 2025 and a whopping $366,935 by 2030.
Bitcoin fell below the $40,000 mark shortly after the launch of spot Bitcoin ETFs, pressued by significantly outflows from Grayscale’s Bitcoin Trust, which converted into a spot Bitcoin ETF while new funds from BlackRock, Fidelity, Invesco, and others launched offering exposure to BTC.
Original Source: https://www.cryptoglobe.com/latest/2024/02/experts-predict-bitcoin-could-surpass-122000-by-next-year-amidst-etf-influence/
If someone asks me about making a Bitcoin investment when ? I would tell you now, to buy now, it doesn't matter if the price goes down, but to invest in your future.
