Bitcoin Predictions: Why 55 Crypto Pros See BTC Closing In On $80K By 2025

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Last Updated October 25th 2022
5 Min Read

The recent uproar over BTC is making analysts more optimistic about the crypto's future. 

  • BTC is currently trading at a steady price of $19K. 
  • Crypto analysts estimate the coin will hit a new ATH by 2025. 
  • BTC is expected to reach its $100k mark. 

 

Knowing how volatile the crypto market is, Bitcoin has had its fair share of ups and downs. But, as of now, it is trading quite steadily. While it’s not exactly at peak performance levels, the crypto’s resilience, especially in recent years, is allowing the coin to be seen as quite valuable. 

Many crypto analysts estimate a shift in its market price, wherein BTC is expected to expand its growth tremendously in the coming years. Crypto enthusiasts are often filled with positivity when considering the stake of their holdings. The buy & hodl philosophy across Twitter during a market decline is evidence enough to push this enthusiasm. 

And yes, the crypto scene has seen some rough months recently, but there is still ample year-end and beyond predictions for Bitcoin. Generally speaking, the current economy has yet to really be in favor of the crypto market. Moreover, the rate hikes from the reserve are luring away both potential and existing crypto investors from the market. 

This decline in value inflicted upon the stock market tends to push investors to reconsider various strategies. While speculative trading was on a roll at the beginning of the pandemic, this doesn't apply to the market anymore. This factor, combined with the current inflation plaguing the U.S economy, influences investors to search for safe and reliable assets that can secure their value. 

As a result, the cryptocurrency market has yet to fare well with the amount of disaster it has faced throughout 2022. The year opened up to numerous floodgates, such as hacks, security issues, etc., which the market is yet to overcome fully. And Terra's recent meltdown delivers a sober reality to investors that even large projects aren't guaranteed in this bearish market. 

Yet throughout these downfalls and disasters, it's impressive how Bitcoin has remained relatively resilient. Being tagged as the "king of crypto," BTC is still hovering around pretty well, thus, making analysts gain more momentum and confidence in its upcoming rally. It's only fair for bitcoin enthusiasts and investors to be more curious about how much it can increase.

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Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

Bitcoin Predictions Prompt Confidence During The Mid-Term Rally 

Admittedly, Bitcoin prices have decreased drastically since the faithful beginning of 2022. However, what sets it apart from the performance of other burnt coins is the surprising stability of its price point. The crypto has found a somewhat stable footing while others are tumbling one after the other. With this revelation in mind, the prediction of Bitcoin analysts is growing increasingly confident. 

CoinMarketCap recently made a report on a panel where 55 crypto analysts shared their opinions about Bitcoin's future. Investors should be quite happy with these analysts' predictions as it shows them bidding goodbye to the previous glum attitude towards the market while anticipating a better growth phase. 

According to these 55 analysts' predictions, the coin is expected to close off the year's end at a price of around $21K. That's an increase of $2,000 from where the coin is currently priced. But these analysts expect a much more interesting turn for Bitcoin with a reach of a new all-time high (around $80K by 2025) in just two more years, which is much higher than its current ATH.

The steady performance of bitcoin throughout the turmoil is making the coin depart from its usual association with tech stocks as it is starting to behave like a commodity. With that, Bitcoin might be entering an inescapable migratory phase with a discounted price. It's surprisingly acting like a gold commodity rather than the usual tech stocks while shifting at a much more discounted rate than expected. 

However, certain factors are nudging toward Bitcoin's favor. The coin's deflationary nature is yet another strength. By 2024, the producible amount of Bitcoin is expected to be split to 450 BTC in a year. Narrowing the supply in this manner can help to squeeze prices much higher. 

Compared to other cryptos and assets in the last month, the crypto’s current resilience might be due to it becoming an excellent channel for USD as other types of currencies buckle. According to certain experts, many long-term crypto investors stay unfazed by the current wallops in the U.S economy. But this doesn't mean the coin is performing at an extremely high rate. As mentioned earlier, the advantage bitcoin currently has is its steady pace, even though its price has decreased by about 60% since its peak performance at the start of 2022. 

Despite the recent slumping of price and market volatility, experts still suggest that bitcoin will cross the $100k mark, although time estimates on this event may vary. And even with its recent decline, it's still a win from bitcoin's perspective as it remained twice as valuable compared to its rate a few years ago.

Volatility within the crypto scene is nothing new and is considered one huge reason why experts advise new investors to be cautious when expanding their portfolio to cryptocurrency. Nevertheless, bitcoin has so far delivered a steady rise over other cryptos in recent years. This is reason enough to side with experts who claim that BTC will be closing in on $80K by 2025.

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Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

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