If the bitcoin price doubles every decade, the future for the digital currency looks positive. In a recent poll, 66.3% of investors said they would rather own BTC than the dollar. By 2030, one billion people will own the cryptocurrency, and most of them will hold only a fraction of it. By 2030, most of the available BTC will be mined. In other words, supply and demand will not affect the price of BTC, but its acceptance by various bodies will.
Some crypto analysts predict that bitcoin will reach $192,000 by 2025. The Finder panel of 33 analysts predicted that the digital currency would reach $192,800 by 2025. They also predicted that by the end of 2022, the value would be $28,800. By 2025, the price would be $282,000. By 2028, the value would rise to $567,471 – a six-fold increase.
The price of Bitcoin is expected to double by 2030. The Winklevoss twins, who are also famous Bitcoin billionaires, predict that the digital currency will reach a price of $500,000 by the end of the decade. If this is achieved, it would put it on par with gold, which has a market cap of $9 trillion. Another famous Bitcoin personality is Anthony Pompliano, founder of Morgan Creek Digital, an asset management firm dedicated to cryptos. He holds 50% of his net worth in BTC.
The prediction of Raoul Pal, the founder of Real Vision, is a little less aggressive. He believes that bitcoin will reach $20,000 by 2030, but it will still remain volatile, and that a small number of people will purchase BTC for everyday use. Regardless of the prediction, it’s always best to wait for the final market trend to confirm the price. However, if the government reaches its goals and regulations, the price of the single coin will rise dramatically.