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In this article, we will focus on the long-term price forecast for BTC. Bitcoin (BTC) is a cryptocurrency that has elevated its own position in traditional financial markets and is called digital gold or a virtual asset without restrictions by logistics or state borders. It is a cryptocurrency that refuses to succumb to central government pressure. The pandemic brought to the forefront a technological revolution that showed investors a beacon in the form of a BTC, all with an internet connection and a smartphone!
BTC has enabled everyone to store and transfer value in a tamper-resistant cryptocurrency market. Thanks to BTC, we can take away the power of financial institutions and provide better services. BTC works universally, for the first time there is the possibility of a global currency.
BTC history
The origin of BTC can be traced back to 2009, when the pseudonym Satoshi Nakamoto appeared in the news. His epic idea to create a currency that would run on a blockchain and ensure maximum transparency and security was considered highly incredible! It’s unbelievable how BTC prices are still rising.
BTC vs. Fiat currency
Devoted bitcoiners are still promoting the use of BTC instead of fiat currencies. However, there are many supporters of BTC who believe that the digital currency is the future, but consider it more of a store of value, just like gold and many others. BTC, as a store of value, basically means that people can hold it for a long time and treat it like digital gold. Factors leading to the acceptance of BTC by institutions and companies are based primarily on the following fundamentals:
- Faster payment process because transaction requirements are kept low
- Low / minimum payment fee and no hidden or high fees
- It is not dependent on any payments from the bank or its network
- Accessibility: No third party consent is required
- An alternative to a physical commodity
- It is easy to store and ensures maximum reliability
- Power is in the hands of the user and investors, thus eliminating the role of the intermediary
- Accept payments from any source or origin
- Enable payments and transfers at the touch of a button on users’ mobile phones
- Most importantly, they are fraud-proof because they are stored in a public book and all coin holders are encrypted to ensure the legitimacy of record keeping.
Can the price of BTC reach $ 1 million?
BTC is growing by leaps and bounds. The price of BTC has risen enormously in the last 12 months, reaching a new all-time high of $ 68,789.63 in May.
From time to time, cryptoexperts, analysts or influencers such as Mike Novogratz, John McAfee, Tom Lee, Anthony Pompliano, Roger Ver, American venture capitalist Tim Draper predict the long-term potential of the BTC market in the next few years. According to some analysts’ BTC price forecasts, the coin will reach a new high of over $ 1 million soon.
Price predictions are constantly rising after the pandemic. This sentiment penetrates trends whenever the price of BTC is marked by a sudden increase, followed by a correction of 20 to 30%.
Governments around the world are now taking steps to rebuild their economies. As a result, BTC could become an active and safe haven for cryptoinvestors and industry professionals.
BTC price prediction – experts’ opinions
According to expert analysis and expert opinion, BTC price forecasts for 2025 predict that BTC will reach $ 129,000 in the first quarter, $ 121,000 in the second quarter, $ 131,000 in the third quarter and is expected to reach $ 185,000 by December. .
GOV capital
Our BTC price forecast suggests that by 2022, the price of BTC could climb to $ 64,157.39, predicting a possible scenario of an early $ 100,000 mark.
Digital Coin Price
BTC developer and first electronic cash pioneer Adam Back says BTC is expected to reach $ 300,000 in the next few years.
Price forecast for BTC 2022 – 2026
Thanks to the appreciation of this digital gold, experts and institutional investors recommend it for long-term profitable investments. Government stimulus packages and near-zero interest rates continue to exacerbate fiat currency shortages.
The long-term trend of price growth was predicted purely on the basis of the benefits of BTC, see safety and reliability. A further effect on BTC prices can be observed on the basis of the inflow of funds from institutional investors in the long term. In light of the uncertainty that prevails, the cash segment suffered a major blow, pushing the deficit of nations to phenomenal levels even in developed countries such as the United States.
According to Bill Miller, legendary investor and chief investment officer of Miller Value Partners, “BTC supply is growing at about 2.5 percent per year and demand is growing faster.” After BTC was halving in 2020, emissions of new BTCs are reduced by 50% and the current block fee is 6.25 BTC / block.
Analysis by Bloomberg Intelligence sets the BTC forecast for 2025 at $ 100,000 because most demand and adoption metrics support the upward trajectory of the BTC cryptocurrency.
What about popular model Stock-to-Flow created by a PlanB, BTC expert who uses the digital scarcity of an asset to estimate future valuations? The model shows that BTC will reach up to $ 288,000 in the next peak cycle, which should take place over the next few years.
Price forecast for BTC 2022
BTC began in 2022 at $ 46,657.53. As important business factors remain stable, the price forecast indicates that BTC will reach $ 50,000 by the end of the year.
A recent technology upgrade known as Taproot it will pave the way for enormous growth in terms of privacy, fee reductions, smart contracts and the lightning network. Compared to last year, there would be many positive changes next year. With this in mind, the price of BTC could easily rise above $ 100,000 in the near future.
Price forecast for BTC 2023
According to our prediction of the price of BTC 2023 and the expressed opinions, BTC could even exceed the bar of even 110,000 dollars and keep the market in a stable position. However, according to several experts, the price of BTC will be around $ 70,000 and above. If all goes well as predicted, BTC will start in 2023 at a cost of $ 50,000. Forecasts also show that the price of the coin will reach almost $ 65,000 by the end of the second quarter. BTC is also expected to close in 2023 at $ 79,538.
Price forecast for BTC 2024
If BTC has a successful year in 2023, it should start in 2024 at $ 79,538 and continue to grow from there. The value of BTC in the middle of the year is expected to reach $ 87,354, so by the end of 2024, one coin should be worth over $ 100,000. This would be a huge increase compared to the value of BTC in 2022.
Price forecast for BTC 2025
The 2025 BTC forecast appears to be the year of the BTC bull at an all-time high of $ 100,000 to $ 125,000. It could be a year of BTC. It is very likely that the price of BTC will double in 2025, but it is also possible that it may not reach this level. This is only because it is not supported by any particular regulatory authority or regime.
However, if all goes according to forecasts, the value of BTC by the end of 2025 will be more than $ 126,000. This is almost 206% more than at the beginning of 2022.
Price forecast for BTC 2026
BTC is forecast to grow enormously in 2026 as it has the long-term potential to reach new highs in terms of price point and market capitalization. The bull cycle seems to bring the price of BTC above $ 165,000. Based on current trends and BTC price forecasts, institutional investors and businesses can adopt BTC on a large scale. In addition, technological advances could expand the use of BTC. These factors will play a crucial role in the significant growth of BTC. According to price forecasts by experts, BTC could achieve. The maximum price level is $ 165,000 and the minimum price will be around $ 130,000 in the next five years (long term).
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