Cryptocurrency experts predict bitcoin’s growth to $ 270,000

Australian financial company Finder has conducted a survey among experts to determine their predictions for the future of bitcoin. Experts expect that by the end of the year, the leading digital asset will be trading at around $ 21,300. Analysts are quite optimistic about the long-term price of the flagship crypto, expecting it to rise to almost $ 80,000 by 2025 and $ 270,000 by 2030.

«A year ago, Finder predicted that BTC would be quoted at around $ 206,351 in 2025 and $ 567,472 in 2030,» the experts compare their long-term forecasts.

Despite the bear market and lingering economic instability, only 10% of the experts who took part in the discussion believe that now is a good time for investors to sell their BTC assets. A significant portion of the analysts surveyed said thatThe Mergecould help ETH compete with bitcoin in terms of exchange rates. 54% of respondents believe that ethereum may even outpace BTC’s market capitalization in the future. However, only 6% believe that this will happen next year. The rest of the experts assume that the process will take longer. Thus, Pedro Febrero, Vice President of Web3 at RealFevr, predicts that the airwaves will surpass their largest competitor in 2025. However, he expects BTC to remain a valuable asset, outperforming most alternative coins.

«Bitcoin is still the most influential cryptocurrency with the largest market capitalization and price. Thus, even if it is likely to lose its dominance compared to other cryptocurrencies, the BTC will still outperform most non-cryptocurrency assets. Thelowest volatility among all cryptocurrencies may be a reason for new players to buy BTC,» the expert said.

Yesterday, we informed you about the opinions of fintech and crypto industry experts on the expected prices for the flagship cryptocurrency in 2025. A few days ago, cryptocurrency analyst Aaron Arnold predicted that bitcoin would fall by 50% of its current value. According to Arnold, BTC could fall to the support level of $ 11,000 to $ 14,000 or even worse, to $ 6,000. Among the reasons for the possible fall, the analyst named a large number of bearish indicators on the market, including high inflation, dollar devaluation, large US loans, and a reduction in oil production.