Bitcoin 2024 Predictions: Will BTC Hit $125K or Drop to $40K? Experts Weigh In
Finder’s October 2024 survey of 28 crypto specialists presents a mixed forecast for Bitcoin’s future value. Panelists estimate that Bitcoin (BTC) will average $77,636 by the end of 2024, down from a previous prediction of $87,169.
Looking further ahead, they anticipate BTC could rise to $113,364 by the end of 2025 and reach $282,238 by 2030. Opinions vary widely, with some experts predicting a bullish $125,000 while others foresee a bearish drop to $40,000 by year’s end. Despite this volatility, 61% of panelists view the current price as a buying opportunity.
However, the panel remains skeptical about Bitcoin’s widespread adoption for everyday purchases, with many believing it may never happen or not until 2030 or later.
Clever Robot News Desk 26th October 2024