Bitcoin Price Prediction 2022: BTC Price Might Close the Years Hitting These Levels

Since their all-time highs in late 2021, the value of Bitcoin and Ethereum has decreased by more than 50%. The bitcoin market hasn’t changed much in recent weeks despite some minor gains. Although no one can be certain, some analysts believe that the value of cryptocurrencies may decline significantly more before experiencing a long-term recovery.

By the end of the year, according to the panel of 55 fintech and cryptocurrency experts, BTC will be worth $21,344 USD. Before it soars to $79,193 in 2025, this amount. The viewpoint is that of a group of professionals assembled by Finder for their most recent report on BTC price predictions.

CoinSmart’s CEO Justin Hartzman, predicts that BTC will only be worth $17,000 in 2022. But by 2025, he claims, it might soar to $75,000! According to 53% of the panel, the price of bitcoin will keep resembling those of high-growth tech firms.

“Bitcoin is suffering due to external macro conditions. My 2025 price prediction will depend on the aftermath of the halving. If macro conditions improve and the regulatory environment gets better, then BTC price should be able to rise up,” he added. 

Is Bitcoin Still a Safe Haven?

77% of the panelists still believe that Bitcoin is a store of value, even if there has been a general market decline and Bitcoin dominance has dipped below 40%. Despite the cautious short-term price forecasts, 56% of the panelists believe that BTC is undervalued. 19% of the experts believe that the price of BTC is too high. According to Mitesh Shah, CEO of Omnia Markets, Bitcoin will conclude the year at $16,000 and will experience more lows.

According to 54% of the panel, ETH will eventually surpass Bitcoin in market capitalization and for 29%, it might occur as early as 2024. This view, meanwhile, really represents a decline from July 2021. 68% of the panelists anticipated “the flippening” event to take place at this point.