Bitcoin expert opinion3/31/2023 ![]() ![]() Most recently, Cuban was heard telling talk show host Bill Maher that Bitcoin is far superior to gold as a store of value. Mark Cuban – While steering clear of making any price predictions, Shark Tank judge and billionaire Mark Cuban has been passionately advocating for Bitcoin. In a recent interview, Bobby Lee addressed his failed prediction and reiterated his long-term conviction on Bitcoin. However, his latest prediction that Bitcoin would reach $100,000 by 2022 did not come to fruition. Back in 2020, Lee called for Bitcoin to break previous all-time highs and reach $25,000 by December, a prediction he got correct. Here’s a list of leading experts and their predictions for the future of Bitcoin:īobby Lee – The first exchange (BTC China) CEO in China, Bobby Lee believes Bitcoin can reach $1,000,000 in 20 years. However, some professionals do have a slight ability to predict positive growth trends. With the extreme volatility and uncertainty, no one, not even an “expert,” can provide specific and accurate forecasts about the future of Bitcoin. Providing a thorough analysis of Bitcoin based on estimates is a challenging game to play. What can people expect from the crypto economy in 2022? Various industry professionals have given predictions of the future movement of Bitcoin based on their market experience.īitcoin Predictions 2030: What The Experts Say About This Decade With a brief understanding of the history of Bitcoin, it’s time to look at the future of Bitcoin prospects. At the end of 2022, the biggest cryptocurrency by market capitalization ended at $17,000 per coin. In addition, the collapse of major players in the cryptocurrency space caused a major shock to Bitcoin. ![]() With the interest rates being raised in the US, Bitcoin has been replicating the movement of the NYSE and has recently seen intense volatility. Unfortunately, this amount proved challenging to maintain. The market would pick up again, reaching an all-time high of $67,000 in November 2021. However, this high was followed by a dramatic crash which saw Bitcoin’s price drop below $4,000 throughout much of 2018. It took Bitcoin 8 years to go from an idea to an incredible peak of $19,650.01 in December 2017, which opened the eyes of the masses to its potential. The Current State of BitcoinĬryptocurrency remains a highly volatile and risky market that operates much differently from any other financial product. Bitcoin is the giant of the financial cryptocurrency market, and it continues to draw more investors, making the traditional financial space sit up and take notice.Īre you thinking about investing in Bitcoin? Perhaps you should consider the current state of Bitcoin as well as the opinions of industry leaders. What are the expectations for the future of Bitcoin? Amongst the strongest believers in the future of Bitcoin are industry leaders like Mark Cuban who used to disparage Bitcoin once upon a time. ![]()
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