Experts surprised with 2030 price predictions for Bitcoin! Estimates are generally consistent with each other!
The price of Bitcoin (BTC) has risen significantly since its inception almost a decade ago, reaching a high in November 2021, recording an all-time high of around $69,000. However, the asset has now lost almost 70% of its value compared to 2021. So what is the 2030 price prediction for Bitcoin? We have included the opinions of experts in this article.
Bitcoin advocates claim that the asset is on its way to becoming the ultimate store of value and a hedge against inflation. As a result, Bitcoin's future price prediction is among the most followed topics in crypto circles, given that the asset generally affects the entire market.
The market experienced prolonged volatility, especially in 2022, causing BTC to lose almost 70% of its value compared to its all-time high in 2021.
With the dwindling supply, the inflation rate of Bitcoin is also expected to decrease. Forecasts show that the inflation rate will remain at 0.39% until December 2030.
Some members among the crypto community have voiced their bullishness regarding the 2030 price of Bitcoin. For example, Winklevoss Twins, co-founder of cryptocurrency exchange Gemini, predicts that Bitcoin will trade at $500,000 by 2030. Gemini emphasized that the flagship crypto will replace gold.
Similarly, the same price prediction is made by NDAX CEO Bilal Hammoud, who expects Bitcoin to trade at $500,000 by the end of 2030. He believes the target could be higher, but believes that rising interest rates will affect the trajectory.
Elsewhere, the founder of crypto lending platform Alex Faliushin predicts that the asset will trade at $1 million.
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