Crypto Analysis Uncategorized

Bitcoin Price Prediction By Cryptocurrency Industry Experts

  • Benedict Bunz has made a Bitcoin price prediction stating that Bitcoin will trade as high as $1,000,000
  • Ivan on Tech has predicted a $200,000 trading price for Bitcoin

Experts have over the years made profound Bitcoin price prediction as part of the normal tradition of providing decision-making grounds to investors and score some points in the industry. XRP has had its own share as investors still wonder whether it can trade $10 or $100 anytime soon.

It can be recalled that John MacAfee, a crypto expert previously predicted a $1 million trading price as well as a $100,000 trading price for the asset. Most of these Bitcoin price predictions were influenced by the Bitcoin halving event that has divided the mining reward by half and expected to reduce supply in relation to the ever-rising demand. In this article, we will provide some experts Bitcoin price prediction which includes outrageous forecasts.

Mati Greenspan, Founder of Quantum Economics’ (Bitcoin Price Prediction)

According to Mati Greenspan, it is 99% certain that the price of Bitcoin will trade within the range of $1000 and $1,000,000. Interestingly, this coincides with a few other expert predictions. 

Ivan on Tech, Youtube Influencer’s (Bitcoin Price Prediction)

Ivan on Tech believes that the Bitcoin price will trade as high as $200,000. This is because of the illiquid banking system and the fact that everything is possible in the crypto industry. Bitcoin price is currently making progress and may break out after it has built the momentum it is doing now. 

Bitcoin Price Prediction

Adam Back, CEO of Blockstream’s (Bitcoin Price Prediction)

Adam Back has predicted that Bitcoin has enough potential to cross its near $20,000 all-time high to trade as high as $100,000. Back earlier predicted that the Bitcoin price will go as high as $500,000, though it is seen as a long-term possibility. 

Marc P. Bernegger, Fintech Investor at Crypto Finance

Bernegger relied on the inflow of institutional funds into the cryptocurrency industry, the impact of the Bitcoin halving as well as the macroeconomic analysis to predict that Bitcoin will trade at a maximum price of $55,000.

Benedikt Bunz, CEO of Findoria

Bunz predicted that Bitcoin may trade between $1000 and $1,000,000. 

Arthur Hayes, CEO of BitMEX’s (Bitcoin Price Prediction)

Hayes has predicted that Bitcoin has a great prospect to easily equal its all-time high of $20,000. According to the CEO of BitMex, Bitcoin will hover around this price point before surging even more further. All this will be possible if the store of value and the inflation of the digital asset perfectly goes as expected. 

Zac Prince, CEO of BlockFi

The CEO of BlockFI predicted that the price of Bitcoin will trade around $60,000. This massive surge will be largely influenced by the Bitcoin halving which will possibly trigger a new wave of capital that will end up sending the price up the price curve. 

Vladimir Tomko, CEO of Blockchain Cuties Universe

Just like most of the Bitcoin price prediction, the halving, and the historical trend largely influence Tomko to predict a maximum trading price of $80,000 for Bitcoin, a minimum price of $6500, and a new solid block of $15,000.

Erik Voorhees, CEO of Shapeshift’s (Bitcoin Price Prediction)

He believes that the Bitcoin price will trade as high as $150,000 and as low as $5400. This means Bitcoin will not crash as some people predict. 

2021 down to 2021 is a very promising period for the industry. However, anything can happen in the world of cryptocurrency. 

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