Finder’s Bitcoin Prediction Report Expects BTC to Bottom at $13,676 and End the Year at $25,473 - PR Business News Wire (2024)

FAQs

What will $1000 of Bitcoin be worth in 2030? ›

If Wood is correct and Bitcoin does reach $3.8 million by 2030, an investment of $1,000 would be worth over $60,000. This would result in a compound annual growth rate (CAGR) of over 100%. Read Next: Bitcoin has jumped another 45% already this year – how much would you need to get started today?

Bitcoin, it found, is likely to hit an average peak price of $87,875 in 2024, with some experts predicting it will climb as high as $200,000. On the flip side, the average lowest price Bitcoin could hit by the end of 2024, is seen as $35,734, the report said, with some predicting it will fall as low as $20,000.

Similarly to the prediction for 2040, we've used Bitcoin's 3-year CAGR of about 19% to calculate what the price of Bitcoin would be in 2050 based on those parameters. According to the calculation, Bitcoin's price could increase to $5,411,000 by 2050 and grow by more than +10,980% over the next 27 years.

We predict that Bitcoin will hold an average price of $60,000 in 2024, thanks to the Halving event, and settle more in 2025 with an average of $65,000. In 2026, we see Bitcoin trading as high as $90,000 by the end of the year. By 2030, we predict that Bitcoin could reach a high of $160,000.

Bitcoin Price Prediction September 2024

With the trade entering the end of the third quarter, there's potential for a significant increase in positive sentiment around Bitcoin price. With heightened volatility and trading, there's a possibility of surpassing the current peak of $75,000.

Who Owns the Most Bitcoins? Satoshi Nakamoto, the pseudonymous creator of Bitcoin, is believed to own the most bitcoins, with estimates suggesting over 1 million BTC mined in the early days of the network.

If bitcoin experiences that same rate of appreciation in its average annual returns, it will reach $98,700 in January 2025 and hit $100,000 in February of that same year. Some experts believe bitcoin could increase in value even more quickly.

It's not too late to buy Bitcoin. In fact, the recent pullback may be a great opportunity for investors.

Why is Bitcoin crashing? ›

In 2021 the price soared by more than 700% in 12 months to a record high of $69,000 in November. It certainly seemed like bitcoin's bubble had burst as investors have lost confidence in the crypto sector. It is uncertainty over the future of bitcoin which caused prices to crash in 2022.

Bitcoin is a risky investment with high volatility, and generally should be considered only if you have a high risk tolerance, are in a strong financial position already and can afford to lose some or all of your investment.

According to CoinCodex analysts, the DOGE price would be $1.61 in 2050, assuming the S&P 500's average yearly growth rate of 11.8%.

By 2040, the maximum price of the DOGE Coin is projected to be around $2.107. Our average price forecast for Dogecoin is $2.064 in 2040. Conversely, if the market turns bearish, the minimum price level of DOGE Coin could fall down to $2.009 by 2040.

Fidelity has been closely monitoring the development of Bitcoin more than most TradFi institutions. Jurrien Timmer, the Director of Global Macro at Fidelity Investments, thinks the value of a single Bitcoin could reach $1 billion by the year 2038 — 2040.

This is still a cryptocurrency that could be easily cut in half before it doubles. But if you can afford to stash away that $10,000 for at least a few years, it makes sense to buy some Bitcoin today as the ETF approvals, halving, and other catalysts draw in more investors.

In its 2023 Big Ideas report, Ark Invest laid out several price targets for Bitcoin. The report sees Bitcoin hitting price targets in 2030 of $257,500 in the bearish forecast, $682,000 in an average market and $1.48 million in a bullish market.