Bitcoin Price Prediction and Forecast: Will Bitcoin rise again above $30k this year?

 Bitcoin Price: Expert Predictions

Our aggregated forecast suggests that BTC price will rise to a maximum of $28,073 this year. In 2025, the maximum predicted Bitcoin price by our model is $61,560. In 2030, our model predicts the maximum price of 1 BTC to hit $444,809 with a minimum price being around $271,975.

  • OANDA, No BTC rise until rate hikes
  • Vijay Ayyar, Luno, BTC to fall to $13k
  • Michael Safai, Dexterity Capital, BTC to hit $10k
  • Bitmex CEO BTC at 1 Million
  • Deutsche Bank forecasts that BTC will rise to $28k by the end of this year.
  • Arcane research: Bottom of $10,350 by Q4
  • British Bookmakers (Betting Odds): Chance of Bitcoin below $20k by end of 2022: 58% (Very high)
  • PWC Survey of Crypto Fund Managers – 77% are predicting Bitcoin above $50k by year-end
  • Blockstream CEO Adam Black, Bitcoin will rise to $100k in 2022
  • NEXO Co-Founder Antoni Trechev – $100k by June 2023
  • Bloomberg Intelligence – $100k by 2025

Most experts expect a shallow recession later this year. JP Morgan reported that Bitcoin production costs have fallen significantly suggesting that Bitcoin price itself could fall as low as the cost of production at approximately $13k.

In the meanwhile, Bitcoin Payments have been formally banned in Russia

Bitcoin Price Prediction 2022

Bitcoin price is up 17% from the bottom in June. Bitcoin price is likely to begin a full recovery after August when inflation fears subside a little. At the moment, BTC has been struggling to breach $22k while remaining above $19k. Inflation being a big factor, it is likely to remain at this level until the middle of August. Unless of course, Crude oil prices remain at this level for some more days or trend even lower from here. Interest rate hikes in a few days may also have an impact on Bitcoin price.

Bitcoin Price Prediction and Forecast: Will Bitcoin rise again above $30k this year?

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