With the spread of news that Elon Musk has bought Twitter bitcoin and cryptocurrency A sharp upward movement started in the market. While the markets were on the rise, Finder analysts also shared their year-end forecasts for BTC.
As is known, a dogecoin With the possibility of Musk, who is a fan, to bring DOGE tips to Twitter, the DOGE price is also experiencing a spike.
Experts Pointed To $65,000 Level By The End Of 2022 On Average For Bitcoin
35 crypto industry experts participated in the latest survey conducted by Finder, and experts announced their Bitcoin predictions for the end of the year. According to the average of experts’ forecasts, the BTC price could reach $65,000 by the end of 2022.
In addition, experts have expressed the opinion that the long-term rally of BTC can continue and increase to $ 179,000 in 2025 and $ 400,000 in 2030.
Forecasts Decreased Compared to January
Finder analysts seem to have changed their views on BTC’s short-term price performance from their previous forecasts. In the same survey conducted in January, experts made an estimate of $ 75,000 for BTC at the end of 2022, and reported that they thought that Bitcoin would set a new record within the year.
However, it should be noted that the experts participating in the survey have quite different opinions about the short-term performance of BTC. Some experts think that the BTC price will be traded in the narrow range it is currently in throughout 2022.
According to these experts, the BTC price could hover between $30,000 and $50,000 throughout 2022. Pro-bull experts expect at least $60,000, while pro-bear experts forecast a drop below $30,000.
*Not investment advice.