Experts remain conflicted on whether bitcoin has bottomed out yet. Some say it already has, while others says bitcoin could fall as low as $10,000 in 2022. This volatility is a big part of why experts recommend keeping your crypto investments to less than 5% of your portfolio to begin with.
In December 2021, a month on from bitcoin's all-time high, Carol Alexander, professor of finance at Sussex University, said she expected bitcoin to drop down to $10,000 “or even more” in 2022. Bitcoin at the time had fallen about 30% from its near $69,000 record.
Bitcoin price predictions range from $250,000 all the way down to $5,000. Inflation is a key factor in Bitcoin's price in 2023. Some believe that this year could precede a big rise in Bitcoin prices next year with Bitcoin halving.
Meanwhile, the analysts expected that the highest Bitcoin price would reach beyond US$ 72,000 in 2023.
For trading bitcoin over the next two to four weeks, we are bearish. That means we expect falling prices. However, we think bitcoin is a good long-term investment for the next one to three years and are bullish overall. That means we expect the bitcoin price to rise in the long term.
Bitcoin, the largest cryptocurrency by market cap, is a risky investment with high volatility. It should only be considered if you have a high risk tolerance, are in a strong financial position and can afford to lose any money you invest in it.
Bitcoin Price Prediction for 2025: As High As $100,000.
Answer: Bitcoin could be worth between $800,000 and $1 million in 10 years based on analysts' predictions. The $1 million price target is anticipated in 2030.
Some, like Wallet Investor, think we will see the Bitcoin price equal almost $150K in the next five years. Others, like Digital Coin Price, also have a positive outlook but a much more reserved one: their BTC price predictions state that the asset will most likely have reached “only” $100K by 2027.
Experts believe that the rising interest rates and tighter monetary policy will not allow Bitcoin to rebound sharply in the near future. As in this kind of uncertain market, investors will not prefer to invest or buy risky assets such as Bitcoin.
While Bitcoin has a history of recovering after crashes, such a recovery could take months or years. And if investors continue to sell, Bitcoin's price could go much lower before it comes back up. While unlikely, there's also a possibility that Bitcoin could go to zero following a massive sell-off.
The general rule of thumb across the board is that investors should never allocate more than 5% of the overall portfolio to Bitcoin - and cryptocurrency in general. This is because Bitcoin is viewed as a high-risk asset, so the portfolio should be balanced out with other, more established asset classes.
Giving longer-term price targets for bitcoin in 2030, DigitalCoinPrice suggested the coin could trade at an average price of $237,610.35. While the algorithmic forecaster did not provide a bitcoin price prediction for 2040 or 2050, it did forecast that the coin could be worth $323,886.07 in 2031.
Bitcoin's Future Outlook
Bitcoin is a good indicator of the crypto market in general, because it's the largest cryptocurrency by market cap and the rest of the market tends to follow its trends.
Reason Behind The Bitcoin Drop in 2022
Recent price fluctuations in Bitcoin and in the overall crypto market has been due to poor macroeconomic headwinds and the recent bankruptcies in the crypto world.
But there are several predictions. For instance, CoinPriceForecast said bitcoin should reach $77,449 by the end of 2025, and the bitcoin price in 10 years could be as high as $85,845, in 2032; while DigitalCoinPrice said it will hit an average of $76,109.47 in 2025.
Crypto Research Report Forecasts $397k in 2030
According to the renowned Crypto Research Report, the price of Bitcoin is on track to hit $397,000 by 2030. At this valuation, Bitcoin will arguably be one of the most valuable assets in the world.
As such, our Bitcoin price prediction 2030 forecasts that the coin could reach the $150,000 level by this point. However, the most bullish of Bitcoin maximalists predict a much higher price for BTC, with huge sentiment that the coin could reach up to $1 million in the next decade.
As of Dec. 21, the Changelly blog offers a prediction that bitcoin could end 2022 at a maximum of $18,154.65. Coin Price Forecast is less optimistic in that short term, predicting a 2% increase to $17,104 by the end of this year.
The high liquidity associated with Bitcoin makes it a potentially great investment vessel if you're looking for short-term profit. Digital currencies may also be a long-term investment due to their high market demand. Lower inflation risk.
Stocks provide stability. They've been the go-to investment to build wealth for individuals and organizations for most of the 20th century and into the 21st century. Cryptocurrency is the riskier investment. It offers the chance for big rewards, but at higher risk.
If you are just getting started with bitcoin, buying $10 can be a great first step to learning about bitcoin and how to use it. By starting with a small amount, you do not have to worry about making costly mistakes. Once you are comfortable with bitcoin you can always buy more.
If you're nervous about making your first purchase, consider starting small with around five dollars. This limits your risk and gives you time to decide if it's right for your investment goals. If you like the experience, you can always invest more later.