Experts believe prices will exceed $80,000

Dusseldorf It has held the $40,000 mark after Bitcoin’s recent pullback. Now the course of the oldest and most important cryptocurrency is heading up again. According to data from the analysis house Coinmarketcap, on Thursday it was trading at just under $42,000.

Experts see much more price potential this year – on average they expect highs of $ 81,680. This is the result of a survey by the online platform Finder.com, which asked 35 fintech and crypto specialists about their assessment of the market.

The most optimistic is Ben Ritchie, chief executive of wealth manager Digital Capital Management, with a year-end price target of $100,000. He believes in bitcoin’s function as a store of value: “Since there is an unlimited supply of fiat currencies, the best way for individuals and institutions to maintain their purchasing power is to invest in scarce assets like bitcoin.”