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Fintech and crypto experts believe that BTC will trade for $ 79,193 in 2025

7:14 pm, October 20, 2022

❗ NoWorries editorial team warns that the opinions of cryptocurrency experts are NOT FINANCIAL ADVICE for investing in digital assets.

Cryptocurrency analysts predict that bitcoin (BTC) will trade unchanged until the end of 2022. However, in 2025, the flagship cryptocurrency may surprise everyone. The commission, which consists of 55 fintech and cryptography experts, believes that by the end of the year, BTC will cost $ 21,344. And in three years, this figure will rise to $ 79,193.

Justin Hartzman, CEO of CoinSmart, believes that BTC will end 2022 at $ 17,000. But, according to him, by 2025, the cryptocurrency could rise to $ 75,000. «Bitcoin is suffering due to external macro conditions. My price forecast for 2025 will depend on the consequences of exchange rate fluctuations. If macro conditions improve and the regulatory environment becomes more loyal, then the price of BTC could rise ,» the analyst said.

Nick Orajewski, head of the Bitcoin Reserve, said: «In the next quarter, it all depends on fiscal policy and what the Fed (US Federal Reserve) is going to say.»

Although there is a global decline in the cryptocurrency market and bitcoin’s dominance has fallen below 40%, more than 77% of experts still believe that BTC is a store of value. Ben Ritchie, a top manager at Digital Capital Management, believes that BTC will be worth $ 30,000 by the end of the year and will reach $ 150,000 by the end of 2025. Nicholas Van Hoord, CEO at Delta by eToro, notes that «BTC has proven to be less of an escape from inflation than cryptocurrency experts thought

warns that BTC’s commitment to PoW will slow down progress on adequate power consumption in cryptocurrency mining.

«The stock market will continue to fall until the end of 2022. BTC will also crash. Bitcoin will attract more bad publicity to the PoW model now thatThe Mergeseems to have worked well,» said Smales.

Earlier, another cryptocurrency analyst predicted that bitcoin would fall by 50% of its current value. According to Aaron 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 in the market, including high inflation, dollar devaluation, large US loans, and a reduction in oil production.

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