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Bitcoin Forecast For 2022 From Financial Institutions And Experts By DailyCoin

Bitcoin Forecast For 2022 From Financial Institutions And Experts By DailyCoin
Written by publisher team


Bitcoin predictions for 2022 from financial institutions and experts

Bitcoin has attracted the attention of many investors since its inception, but in 2021 even proponents of other assets began to take an active interest in this cryptocurrency.

This is not surprising, since you can buy 1,309 bitcoins for one dollar. On April 14, 2021, BTC renewed its record, and the price rose to an incredible $64,863.10.

Do you think this is where his growth will end? Most likely won’t. Experts are predicting an astonishing rise in the price of the first cryptocurrency already this year, and it will be so powerful that the current Bitcoin cap will not surprise anyone.

In this article, we will try to predict the value of BTC in 2022, and we will also look at the predictions of experts and financial institutions.

In the meantime, let’s think about this. What can no trader do without? Certainly, without knowledge, the ability to control your emotions, the ability to predict the market, and of course, without a functional trading platform, it would be difficult to move forward.

Regarding the latter, the mt5 download is free and available now. It enables you to have all the tools needed for successful trading in the financial markets at your fingertips.

What do the experts say?

It is worth noting that making any long-term predictions about the value of such a volatile asset, which depends on the will of the whales and which can calmly move the price of the asset up and down, is a thankless task.

However, many experts suggest that Bitcoin will experience amazing growth in 2022, continuing into 2025. Here are some expert opinions that we want to highlight.

For example, Forbes has suggested that the value of the first cryptocurrency will rise to $300,000 per coin by 2025.

In 2021, 42 experts were surveyed whose activities are somehow related to cryptocurrency. 61% of those surveyed agreed that despite its impressive growth, Bitcoin is still an undervalued asset. Many of them agreed with the prediction that Bitcoin will rise to $66,280 by the end of 2021, but the growth will be massive in the next few years. By 2025, the price of bitcoin will rise to 318 thousand dollars, and in 2030, 4.28 million dollars will be given for one bitcoin.

In August 2021, analysts at Standard Chartered (OTC 🙂 The bank gave its predictions regarding the dynamics of the value of the first cryptocurrency. In their opinion, by the end of 2021, the value of Bitcoin will rise to $100,000. Analysts also suggest that such a sharp rise in the value of Bitcoin will trigger similar growth to other leading cryptocurrency. What will happen to the price of bitcoin in 2022? Bank analysts were silent but noted that we are waiting for a continuation of the uptrend with a high probability.

Nick Spanos, co-founder of Zap Protocol, agrees with analysts at Standard Chartered Bank (LON:). After the slight drop in the value of Bitcoin, he urged crypto traders not to panic, calling the drop a “mistake.” He is also convinced that the value of the first cryptocurrency will rise to $100,000 by the end of this year.

On the other hand, the CEO of Xapo decided not to predict the value of Bitcoin for 2022, but went even further. He believes that bitcoin could rise to $1 million per coin as early as 2027.

Another prominent figure, TokenMetrics analyst Bill Noble, believes in the growth of bitcoin and believes that by early 2022, there will be a much better chance of the asset’s value hitting $75,000 than it would have fallen to $25,000.

The famous crypto expert and one of the founders of crypto, Adam Beck, is convinced that due to the uniqueness of an asset like Bitcoin, we can assume that in the next five years its value will rise to 3 million dollars.

FiCAS AG Director Ali Yazan has made a correct prediction of the bitcoin price dynamics in 2016 and 2018, so his predictions are well believable. For the end of 2022, in his opinion, the price of Bitcoin will certainly rise to $200,000, and may even reach $300,000.

Wall Street has less optimistic forecasts about the dynamics of Bitcoin. Large investment fund managers interviewed by CNBC are confident that bitcoin will close down in 2021 with a drop to $30,000, and the cryptocurrency’s price drop will not end there.

JP Morgan analysts are very pessimistic about Bitcoin. They do not exclude that at the beginning of 2022 the price of Bitcoin will drop to $ 20,000.

Analysts on the popular Kraken exchange have no doubts that bitcoin will grow to $90,000 by early 2022. They also note that over the past six months, the value of bitcoin, despite high volatility, has added 10% or more.

Mike Novogratz, who is an active critic of Dogecoin and does not believe in further growth, is more bullish about Bitcoin. He does not see any obstacles to the growth of the first cryptocurrency to 150 thousand dollars by the middle of 2022. Moreover, in his opinion, this growth will be even more significant in the future, and the market value of bitcoin will exceed the capitalization of gold.

Pantera Capital analysts believe that by the end of 2021 the price of Bitcoin will rise to $115,000. Also, the fund pointed out that the growth in the value of bitcoin in 2017 and now should not be compared, because at that time, “most projects existed only on paper,” while the interest of most central banks now in the issue of digital currencies will attract the interest of new users.

on the flip side

  • It is worth noting that despite the huge number of optimistic predictions about the value of Bitcoin in the near future, private investors should be careful not to invest all their money in one asset, distributing capital across an investment portfolio and insuring themselves against high risks.
  • Many experts recommend keeping at least 5% of your capital in bitcoins, and this advice seems very reasonable.

Why should you care?

In fact, there is a good chance that Bitcoin will continue to rise in value, but no one can say how quickly it will increase or whether it will be replaced by a faster decline. Therefore, if you decide to invest your money in bitcoins, you should not listen to all the experts at once, it is much better to learn to analyze market conditions yourself and make correct and weighted decisions.

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