Finder’s Experts Predict Bitcoin Will Peak at $94K This Year

Bitcoin

Finder’s panel of 33 fintech specialists has forecasted that the price of bitcoin will peak at about $94K before ending the year above $76K. In addition, the panel expects the price of the cryptocurrency to reach $192,800 in 2025 and $406,400 in 2030.

Finder Experts Predict BTC Price for 2022, 2025, and 2030

Finder, a leading product comparison website, released an updated bitcoin price prediction for 2022 on Wednesday from “Finder’s panel of 33 fintech experts.”

According to the panel’s BTC price forecasts:

Bitcoin (BTC) is expected to peak at US$93,717 this year before dropping to $76,360 by the end of 2022 … This is roughly 60% higher than the price of bitcoin at the beginning of 2022.

The panel of specialists also predicted the price of bitcoin for 2025 and 2030. However, their most recent predictions are lower than their October predictions. At the time of writing, the price of bitcoin is $36,311.13 based on data from Bitcoin.com Markets.

By the end of 2025, the panel believes that the price of bitcoin will reach $192,800, which is 7% lower than their October forecast.

As for the end of 2030, the panel expects the price of bitcoin to reach $406,400, 28% lower than its October forecast.

Finder explained:

Potential interest rate hikes might be what’s leading the panel to be more conservative with their predictions compared to back in October.

Although the Fed did not raise interest rates at its last meeting, the market expects the central bank to raise interest rates several times this year. Investment bank JPMorgan, for example, expects four rate hikes this year.

While several panelists said that “increasing interest rates will negatively impact the cryptocurrency market,” some believe that it is time to buy BTC, including Finder’s founder, Fred Schebesta.

He said:

Cryptocurrencies are proving to be a core competitor to the world’s traditional financial infrastructure, and many projects are now well beyond the theoretical realm of potential value and in reliable delivery.

“One powerfully unique aspect of the cryptocurrency landscape is that there are now a number of decentralized finance (defi) platforms that provide access to highly competitive funding, and these offerings are showing zero signs of slowing down,” he further opined.

Schebesta personally expects the price of bitcoin to climb to around $105,000 by the end of the year, he recently told Daily Mail Australia.

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