Finder's panel of experts predicts the price of bitcoin will rise to $77,000 this year. According to analysts, this is a good time to buy.
Finder's Expert Panel and Bitcoin Price Predictions
Finder has updated its bitcoin price predictions for 2024.
Finder analyzes expert price predictions (BTC) every quarter. Our latest survey was conducted in January 2024, where our panel of 40 cryptocurrency industry professionals shared their thoughts on how Bitcoin will perform (in the chart)
– we read in the report.
It turned out that the average BTC valuation, estimated by Finder experts, is $77,423. The rate would be at this level by the end of 2024.
Our more optimistic panelists predict BTC will trade well over six figures in 2024, while our more bearish panelists believe it will be cheaper than it is today by the end of the year
– the company revealed.
Experts also shared long-term predictions for the price of bitcoin:
Our panelists also predict that BTC will reach $122,688 by 2025 and $366,935 by 2030.
These forecasts “were more bullish than in the October 2023 survey.”
In neither our October 2023 nor January 2023 surveys did our panelists think the price of BTC would exceed $100,000 by 2025 or $300,000 by 2030.
– Finder noticed.
At the time of writing, BTC is trading at $47,234.
Buy or sell?
Is now the time to buy, hold or sell bitcoins? Finder responds:
Most of our panelists believe that now is a good time to buy BTC. More specifically, 57.5% believe that Bitcoin is worth buying at the current price, while 37.5% believe that it is a good time to hold it. Only 5% think it's time to sell.
The panel included Okx's Chief Innovation Officer, CEO of FV Bank, Senior Lecturer at the University of Brighton, Managing Director of Bitget, Co-Founder of Decimal Digital Currency, Co-Founder of Origin Protocol, Senior Analyst at K33 Research, Head of Product at Swyftx, CTO of Komodo, Senior Lecturer at University of Canberra, Founder of Omnia Markets, Senior Vice President of Wonderfi Technologies, Senior Analyst of Forextraders.com, Associate Professor at Nottingham Trent University, Managing Director of Luna Media Corporation, CFO of Boston Trading, Market Analyst of Etoro and CEO of Unocoin.