How much will Bitcoin (BTC) be worth in 2040? Here are the predictions of 6 crypto experts for the price of BTC from 2022 to 2040!

Bitcoin was created in 2009 on the basis of a white paper published by the mysterious Satoshi Nakamoto. Bitcoin is still the largest cryptocurrency in the world by market capitalization, followed by Ethereum and Ripple. In this article, “Bitcoin” with a capital “B” refers to the technology or currency as a whole; ‘bitcoin’ and BTC refer to units of the currency.

The main features of Bitcoin are:

  1. Bitcoin is a decentralized digital currency.
  2. Transactions are verified on the blockchain.
  3. A finite amount of BTC is released into the market through mining.

The Bitcoin price has gone through a lot of changes. In 2010, a single bitcoin was worth less than $0.25. Over time, Bitcoin went from an obscure technology topic to a mainstream phenomenon as businesses took notice.

The rise in the price of Bitcoin in the mid-2010s – Source:

Nov 2017, Bitcoin price jumped to over $11,000 and hit a record high of about $20,000 the following month. This price remained at its highest until December 2020, when the price reversed to create a new high that was just a few dollars higher. Now the price of Bitcoin is currently above $40,000, and those who got into Bitcoin early and stuck with it have benefited from a huge return on investment.

In 2020, Bitcoin made headlines around the world when it hit an all-time high in December. As expected, the $20,000 region acted as a resistance and the price changed sharply corrected to $17,000 immediately after you press it. At that point, the world was on edge for the next bull run, and it was not disappointed. Bitcoin broke the new resistance and saw growth through 2021. In November 2021, Bitcoin set a new record at $69,000.

Bitcoin Coin Price Chart with $20,000 Support

To get a glimpse of the future predictions for Bitcoin, let’s look at the latest analyzes and opinions of the most famous business leaders and authors in the field of cryptography. always remember that it is predictionsand nothing is guaranteed ! We will never repeat it enough.

Tom Lee is a expert in crypto trading who worked at JP Morgan before co-founding Fundstrat, where he serves as head of research. In a recent interview, he was asked about his opinion on Bitcoin’s price, and he was very optimistic to say the least.

So maybe Bitcoin is in that $200,000 range. I mean, I think it’s doable, and I know it sounds great, but it’s very useful.

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Author and trader Willy Woo claims that Bitcoin is now a mature asset, and he believes the price of BTC could reach $100,000 sooner than most think. He explains that he doesn’t expect the price to consolidate and sell for years as it did after the peaks in 2013 and 2017.

Read also 7 Cheap Crypto Currencies Ideal For Making Moderate Profits Without Taking Insane Risks!

US broadcaster Max Keizer recently made a Bitcoin price prediction for 2020 on its regular financial analysis show, The Keizer Report. Like Tim Draper’s prediction, Keizer predicted that the value of BTC would rise during and after the coronavirus market crisis, and as we have seen, bitcoin price did just that.

In July, Max was asked about his Bitcoin price prediction. He claimed that the price of BTC would rise 40 times, at which point Bitcoin was trading around $50,000.

I predict – and this is not just the ultimate use case, but the ultimate irony – that once people realize they can’t get gold, they will flock to Bitcoin.

According to Keizer, a run for gold by the rich will leave Bitcoin if the most viable refuge for many.

In an interview, Keizer quadrupled his BTC price prediction and said the first cryptocurrency would reach $400,000.

I’m officially raising my target for Bitcoin – and I first made this prediction when it was $1. I said it could be up to $100,000 – I’m raising my official target for the first time in eight years. I’ll raise it to $400,000.

Cryptocurrency trader Tone Vays provides Bitcoin price predictions on Twitter almost daily and is not afraid to criticize the economic orthodoxy of Forbes and the mainstream media.

Vays also criticized Tim Draper’s predictions as “irresponsible”. But Vays’ future Bitcoin price predictions are optimistic. It makes sure that Bitcoin could reach $100,000 by 2022.

A writer from crypto news site Smartereum suggested that Bitcoin is not mature enough for traders to claim that we have peaked. They predicted Bitcoin would probably reach $500,000 over the next few years, but warn that regulation and sentiment can also negative influence on the price.

TradingBeasts specializes in price predictions for digital coins. TradingBeasts predicted that the average Bitcoin price will fall in 2020make an impressive cover and will double in 2023. In 2021 we saw the accuracy of this prediction. Here’s what the average December Bitcoin price forecast they believe will look like for the next few years:

  • 2022: $38,063,850
  • 2023: $33,217,918
  • 2024: $52,791,140
  • 2025: $67,282,151

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