bitcoin and cryptocurrencies While trying to recover after the last drop, new predictions came from Finder experts that will delight investors.
New Peaks to be Seen in Bitcoin!
Finder’s 33 fintech experts stated in their report that new ATHs will be seen in Bitcoin in 2022, and that BTC will close the year above $ 76,000.
In this year of bitcoin Finder analysts, who think that it will peak at about $ 94,000, said that they expect the BTC price to reach $ 192,800 in 2025 and $ 406,400 in 2030.
Analysts think that Bitcoin is gaining more attraction among traditional investors, which in turn increases the demand for BTC.
“FED’s Rate Increase Signal Affects Price Forecasts!”
Finder analysts stated that these new estimates are more conservative than the Bitcoin estimates they published in October, while the FED’s statements to increase interest rates were effective in this.
“The reason why their forecasts are more conservative compared to October may be possible interest rate hikes by the FED.”
The report also added that while some analysts think that rising interest rates will have a negative impact on the cryptocurrency market, other analysts, including Finder’s founder Fred Schebesta, believe it’s time to buy Bitcoin.
While half of the analysts thought that interest rates would not affect BTC, 19% said that the price of BTC would decrease with the increase in interest rates, and 31% said that they were abstaining in this regard.
Also, 61% of analysts said now is the time to buy BTC, 29% said it’s time to hodl, and 10% said it’s time to sell.
*Not investment advice.