A panel of experts surveyed by comparison platform Finder has predicted that the price of bitcoin will climb above $77,000 by the end of 2024. Moreover, the majority of the experts believe it’s a good time to buy the cryptocurrency at the current price.
Bitcoin Price Predicted to Exceed $77,000 This Year: Finder Panel
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Finder’s Experts Share Bitcoin Price Predictions
Finder, an independent comparison platform and information service provider, has updated its bitcoin price predictions for 2024. “Finder analyzes expert price predictions each quarter. We conducted our most recent survey in January 2024 in which our panel of 40 crypto industry specialists shared their thoughts on how bitcoin would perform through 2030,” the company detailed, adding:
Bitcoin’s price is expected to rise to US$77,423 by year-end 2024, according to the average prediction from Finder’s panelists.
“Our more bullish panelists see BTC trading for well over six figures in 2024, while our more bearish panelists see it trading lower than it is now (around US$40,000 at the time of writing) by the end of the year,” the company revealed.
The experts also shared their longer-term price predictions for bitcoin, stating:
Our panelists also predict BTC will hit US$122,688 by 2025 and US$366,935 by 2030.
“They were more bullish than in our most recent survey from October 2023 and in our survey from this time last year. In neither our October 2023 nor January 2023 surveys did our panelists think BTC’s price would crack US$100,000 by 2025 or US$300,000 by 2030,” Finder noted. At the time of writing, BTC is trading at $45,477.80.
Regarding whether now is the time to buy, hold, or sell bitcoin, Finder said: “The majority of our panelists believe it’s a good time to buy BTC. To be exact, 57.5% think Bitcoin is a buy at its current price, while 37.5% believe it’s a good time to hold the asset. Only 5% think it’s time to sell.”
The panel included Okx’s chief innovation officer, FV Bank’s CEO, a senior lecturer at University of Brighton, Bitget’s managing director, Decimal Digital Currency’s co-founder, Origin Protocol’s co-founder, K33 Research’s senior analyst, Swyftx’s head of product, Komodo’s CTO, a senior lecturer at the University of Canberra, Omnia Markets’ founder, Wonderfi Technologies’ senior vice president, Forextraders.com’s senior analyst, an associate professor at Nottingham Trent University, Luna Media Corporation’s managing director, Boston Trading’s CFO, Etoro’s market analyst, and Unocoin’s CEO.
Do you think the price of bitcoin will surpass $77K this year? Let us know in the comments section below.
