A 55 panel of cryptocurrency experts are predicting the price of the flagship cryptocurrency Bitcoin ($BTC) could surge to hit $270,000 by 2030, while predictions for the end of this year still see the cryptocurrency’s price rising.
The expert panel, surveyed by comparison web portal Finder, predicted that BTC would trade at around $21,000 by the end of this year, below their previous prediction of $25,400 made in July of this year. In April 2022, the portal’s expert panel was predicting the flagship cryptocurrency would end the year at around $65,000 per coin.
The most common reason given to buy BTC is because they believe the price of the cryptocurrency is being kept down by macroeconomic factors, rather than fundamental changes to Bitcoin itself.
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