The price of Bitcoin adds $ 200 every time a million new users sign up on the network. Thus the BTC rate in 2022 will reach $200,000. The boss of Pantera Capital explained why the price of bitcoin will reach $ 200,000 in 2022.
Bitcoin Prediction 2022
Bitcoin is like Microsoft in the software world or Amazon in the e-commerce world. I think that in the next 20-30 years, Bitcoin will be at the center of all financial activities in the world.
After a sharp correction in the cryptocurrency market, Bitcoin rose from 3rd to 6th. place in the top 10 most popular tokens in Russia on the largest crypto exchange Binance. This can be seen from the data from the statistical resource CoinMarketCap. Experts give positive forecasts.
Bitcoin forecast 2022
Price forecasts in the cryptocurrency market vary widely. Therefore, this forecast of the price of bitcoin for 2022 is quite approximate. The price of bitcoin is not tied to any resource, although there are attempts to compare it with the cost of electricity ; no need to verify your identity when creating an account.
The history of bitcoin does not end there. … For example, venture capitalist Tim Draper expects bitcoin to reach $ 250,000 by the end of 2022, perhaps by the beginning of 2023. The last to talk about the multiple rise in the price of bitcoin in the future was economist and CEO of Real Vision Raul Pal.
The cryptocurrency blockchain still works, but it trades on the stock exchange and is gradually gaining acceptance in society.In this regard, market participants continue to make forecasts for the future of a new type of assets. For example, venture capitalist Tim Draper expects bitcoin to reach $ 250,000 by the end of 2022, possibly early 2023. One of the reasons for the rise in the price of the coin will be its wide distribution around the world as a means of payment. It will be more profitable for entrepreneurs to work with digital money than using traditional systems such as Mastercard and Visa, as this will save on fees.
Bitcoin Prediction 2022: Adam Back
Adam Back, head of Blockstream and one of them who calls himself the creator of bitcoin-Satoshi Nakamoto, predicted an increase in the price of BTC to $300,000 within five years. The price of the coin will increase as retail investors turn to it more and more. The reason for this will be the current crisis and the resulting depreciation of money.
Kraken analysts announced a similar forecast, but for a different date. According to their estimates, the value of the main digital asset could amount to $350,000 by 2044. The choice of the younger generation will contribute to the increase in the price of the room. Millennials in the United States, who will receive $ 68,400 billion from the older population in the coming years, are investing about $ 1,000 billion in cryptocurrency.
Bitcoin price prediction: first crypto to reach $350k after next wave of growth
The last to talk about the multiple growth of the bitcoin price in the future was Real Vision economist and CEO Raoul Pal. He is convinced that the price of cryptocurrency will increase to $ 1 million within 5 years and become a new financial system. In 2017, the same figure was announced by the controversial creator of McAfee antivirus, John McAfee. But later he recanted, calling such a prediction ” nonsense that only an idiot can believe.”The billionaire explained this by the fact that the market capitalization of bitcoin at a price of $ 1 million will reach $ 18, 500 billion. This is about 10 % less than US GDP.