How many dollars will the king cryptocurrency reach in the coming years? Different predictions and exciting numbers!
The biggest cryptocurrency is finding buyers at less than $20,000 today after surpassing $69,000. Remember when everyone was targeting $100,000 or even $200,000 on Bitcoin? Yes, those good days are sadly over. Bitcoin holders are not happy today, especially as there are too many cryptocurrency investors who think they are deceived by the fancy promises made by a few “analysts”. Moreover, the price action of BTC has had a devastating effect on altcoins as well.
Bitcoin (BTC) Price Prediction 2025-2040
Supply and demand balance has an important place in long-term price predictions. Legendary analyst Bill Miller said a while ago;
“The supply of Bitcoin is growing at around 2.5 percent per year and demand is growing faster than that.”
According to Miller, this growth in demand will be accompanied by a corresponding increase in price, with a target of $100,000 by some. In fact, we have to say that demand and adoption curves by Bloomberg Intelligence point to a $100,000 projection by 2025.
In a prospectus submitted to the SEC on September 9, MicroStrategy aims to sell up to $500 million in stock. “We can use the net proceeds from this offer to purchase additional Bitcoin,” the company said in the filing. Currently the largest institutional Bitcoin investor, the company holds 130,000 BTC. In other words, the price drop makes investors with very long-term goals like Saylor even more excited.
Bitcoin Price Prediction 2025
According to Changelly, the average transaction price of Bitcoin will go up to $124,508 in 2025, and we will see $137,000 as the ATH level of that year. So what will be the basis of such a large increase? Well, because crypto has yet to be supported equally by global regulatory and legislative regimes. With CBDCs gradually being introduced in many countries, the attitude towards cryptos is also not entirely clear. Most experts think that as the technology it brings is adopted, people will be more interested in Bitcoin.
For example, consider the simple case of Google. Despite the recent turmoil, it is expected to grow exponentially over the next 5 to 10 years. However, one could argue that this growth will go hand in hand with the growth of Bitcoin and the crypto market by extension. This is because of the correlation between the two. The fact that searches for Bitcoin on Google are 7 times and 42 times higher than searches for USD and Euro, respectively, is proof of this. In fact, according to research, there has historically been a 91% correlation between BTC prices and Google search volumes.
Bitcoin Price Prediction 2030
There are exactly 8 years, so the probability of hitting the targets spoken today is not that high. Because we don’t even know exactly how many dollars the weekly close will be on the Bitcoin chart tonight. How many dollars will Bitcoin open in December? Can we say this for sure? Absolutely not, However, most people’s predictions for the 2030 price of Bitcoin appear to be bullish.
According to Changelly, BTC could peak at around $937,000 in 2030, with the cryptocurrency trading at an average of $798,000. What drives these predictions? There are several reasons for this. For starters, most people are optimistic about the value of the scarcity of cryptocurrencies. Secondly, maximalists think that the demand for Bitcoin will continue forever. With Bitcoin adoption increasing at an annual rate of 113%, many believe the same will one day be highlighted by the price of BTC.
According to Robert Breedlove of Parallax Digital, BTC will reach $12.5 million by 2031. Breedlove said that the crypto money will reach 307 thousand dollars by October 2021. So there’s good reason why some don’t take it seriously.
Bitcoin Price Prediction 2040
It’s 18 years to 2040 and Bitcoin hasn’t even turned 18 yet. Needless to say, predicting a price level for 2040 is even more difficult with a host of uncertainties around. But let’s consider some guesses anyway. According to Telegaon, BTC will have an average floor price of $553,000 ‘depending on the market trend’ by 2040.
It is worth noting that according to the Finder survey, many people believe that HyperBitcoinization will occur by 2040. Maybe even 2035. These events will definitely determine where BTC will be in 2040.
These estimates are not exact. Never. As stated, many things can change by 2040, 2030 or even 2025. However, if you’re an investor, it’s worth paying attention to what these are.