Loading Now

Bitcoin Could Reach $833K by 2035, Say Experts After Latest Price Surge

Bitcoin has climbed past $100,000, prompting increased optimism among investors. A recent Finder study by 25 crypto experts predicts BTC could hit $833,000 by 2035. Currently priced at $93,324.36, sentiment among analysts leans towards buying, with most seeing a good opportunity to invest now.

In the ever-evolving cryptocurrency landscape, Bitcoin has recently surpassed the significant $100,000 mark, a long-cherished goal for many in the community. Its ascent has sparked a flurry of interest, with various industry experts lining up to forecast BTC’s future trajectory. Some are aiming even higher, suggesting it could reach $1 million, but a new report puts a more immediate target in sight: $833,000 by 2035.

Currently, Bitcoin is trading at $93,324.36, having experienced a 1% rise in the last 24 hours. This increase comes as a relief for investors, particularly since Bitcoin struggled below the $90,000 threshold for much of the past month and even dipped as low as $74,436.68 during that time. The latest price jump has brought a touch of optimism to the market.

According to a recent study by Finder, a panel of 25 cryptocurrency experts shared their insights, projecting Bitcoin’s value to hit $135,048 by the end of 2025, a decrease from their previous forecast of $161,105. More intriguingly, they anticipate a rise to $452,714 by 2030, skyrocketing to $833,000 within the next 12 years.

The consensus among most analysts suggests that now might be the right time for investors to buy Bitcoin. Approximately 68% of those surveyed indicated that the current price offers a good entry point, while 25% prefer to hold their investments. A small minority, just 7%, think it’s time to sell off their holdings.

Elena Garcia, a San Francisco native, has made a mark as a cultural correspondent with a focus on social dynamics and community issues. With a degree in Communications from Stanford University, she has spent over 12 years in journalism, contributing to several reputable media outlets. Her immersive reporting style and ability to connect with diverse communities have garnered her numerous awards, making her a respected voice in the field.

Post Comment