BITCOIN FUTURE PREDICTIONS FROM EXPERTS: PROJECTED VALUE FOR THE NEXT 20 YEARS AND BEYOND
What does the future hold for Bitcoin? Is there any hope for Bitcoin? What will Bitcoin be worth in 2021 and beyond in terms of money? Bitcoin price predictions are always sought by cryptocurrency investors and holders of digital assets.
We recently published an article on the present state of blockchain technology. Today, we'd like to go into Bitcoin in-depth, the financial crypto market's colossus. Many people are still speculating on the future of the cryptocurrency that has shaken the US Dollar-dominated financial markets and central banks.
Do you already have Bitcoin? Or perhaps you're just considering making a Bitcoin investment? What about the plethora of altcoins, or alternative cryptocurrencies? Don't worry, we'll take care of everything. This post will tell you everything you need to know about the present situation and pricing forecasts for the future. We asked the top 15 experts to provide us with a proven [bitcoin price prediction] (https://imiblockchain.com/bitcoin-in-the-future/) for its future.
Let's start with the current price of this virtual currency and the most recent cryptocurrency news. Then we'll look at what we can learn from these for Bitcoin's future.
BITCOIN'S VALUE TODAY (USD)
Today's Bitcoin price is in US Dollars. This real-time BTC price chart shows the current value of the world's most popular cryptocurrency.
In 2021, the Bitcoin price trend is still quite erratic. Cryptocurrency's financial market operates a little differently than conventional markets. Let's take a look back! Bitcoin (BTC) was indexed among other stocks on November 20th, 2015. We recall when one Bitcoin was valued at $327.00 USD. On December 15th, 2017, it finally reached its highest point. The BTC was worth US$19,650.01 at the time. Wow! When the Bitcoin price hit a fresh high of $64,000 in April 2021, the market and even expert investors went insane.
The Bitcoin price chart, on the other hand, fell dramatically in December 2018. Many people lost up to 85% of their money when they invested in Bitcoins. We recall that the bottom 1 BTC was worth a little more than $3,000 at the time.
The heat was on again in June 2019. The Bitcoin price chart has climbed to a new high point. All naysayers were taken aback by the renewed surge. However, the zenith was reached once more at $11,865. Since then, the price of Bitcoin has been stable at about $7 to $8,000.
The uptrend appears to be resuming in February 2020. The Bitcoin price chart shows a consistent increase of over $10,300 per coin, with the maximum peak of $64,000 per coin in 2021.
BITCOIN PROJECTION FOR THE NEXT 10 YEARS: BITCOIN FUTURE PRICE
It's difficult to evaluate Bitcoin using the wheel of fortune. Who doesn't want to see how cryptocurrencies function in the future? No one is an expert at accurately anticipating the future, especially in a market with such high volatility. Crypto experts, on the other hand, have a minor inclination to predict a positive growth trend. The main reason why Bitcoin looks so good on the wheel of fortune is because of the following fact:
The market cap of $1.14t demonstrates the bitcoin and other cryptocurrencies' dominance and consumer trust!
The Bitcoin blockchain was created primarily to assist individuals in regaining financial freedom, privacy, and security. As a result of the exposure to cryptocurrencies' power to make many people billionaires in recent years, the human race will never allow them to disappear again.
Man wants to be free. Particularly when others strive to keep them out or prevent them from accumulating money. Governments, banks, and other institutions have long worked to keep certain people from accumulating wealth.
10 EXPERTS ON BITCOIN'S FUTURE
- Marcel Isler from iMi Blockchain predicts $90k for 2021
- Anthony Pompliano’s Bitcoin price prediction for 2021 is $100,000
- Citibank’s Bitcoin prognosis for 2021 is $120,000
- Bobby Lee says Bitcoin will rise to $333k and fall to $41k
- Mark Yusko’s Bitcoin forecast for 2030 is $500,000
- Jeremy Liew’s Bitcoin price forecast for 2030 is $500,000
- Crypto Research report forecasts $397k in 2030
- John Pfeffer gives $700k Bitcoin price predictions for 2030
- Philip Swift sees a price range between $92k and $137k in 2023
- The Winklevoss twins predicts $500k
IN TEN YEARS, HOW MUCH WILL BITCOIN BE WORTH?
In 2030, how much will bitcoin be worth? We've enlisted the help of other professionals to provide us with their candid forecasts. Is there a limit to how much you can grow? Let's have a look at it.
The Bitcoin price will hit $1 million, according to Chamath Palihapitiya, co-owner of the Golden State Warriors. If not in 2030, then no later than 2037. Chamath, like many other experts, believes Bitcoin has the potential to rival the value of gold.
Wences Casares, the creator and CEO of Xapo, predicts that Bitcoin will reach $1 million in the next 5 to 10 years.
IN 20 YEARS, HOW MUCH WILL BITCOIN BE WORTH?
In 2040, how much will bitcoin be worth? It's possible that you won't be able to respond to that question. Bitcoin evangelists continue to insist that price is simply one factor. Another crucial issue will be the size of the market. So, let's have a look at what experts anticipate for Bitcoin's market capitalization in 20 years.
In February 2020, WESCAP wealth manager Andy Edstrom predicted that Bitcoin's market cap would reach $8 trillion. Edstrom believes Bitcoin will eventually become the world's standard currency.
Within the next 10 to 20 years, according to Standpoint researcher Ronnie Moas, the total market capitalization of all cryptocurrencies would exceed $2 trillion.
CONCLUSION AND FINAL THOUGHTS
What are your thoughts on Bitcoin's future prospects? What do you think the price of Bitcoin will be in the future? Do you have any doubts that cryptocurrency is the way of the future? Or do you think our experts' predictions are correct? Please share your thoughts with us by leaving a comment below. We'd be delighted to hear from you!