The source has published an interesting forecast for the cost of Bitcoin for the near future and the long term. 42 experts in the field – scientists, employees of financial organizations and companies, one way or another connected with cryptocurrency – shared their opinion on the price of Bitcoin.
As for the near-term outlook, the majority of participants (61%) agreed that Bitcoin is currently undervalued: they expect that by the end of 2021 the value of the cryptocurrency will reach $ 66,284. This is 28% higher than the forecast given by the same group of experts in 2020 for the same period – the end of 2021.
From 2022 to 2025, a smooth rise in the value of Bitcoin to $ 318,000 at the end of 2025 is expected, but further growth will be explosive: in five years to $ 4.28 million at the end of 2030.
The majority of survey participants (54%) believe that by 2050 Bitcoin will become the dominant force in the global financial system. But, interestingly, 44% of survey participants believe that this will never happen.
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