No one really knows what the price of Bitcoin in the next year, or the next few years will be, however experts are always weighing in their opinions to let the masses know whether they should be investing in Bitcoin or not. To know more about Bitcoin’s historical price movements you may want to read our article titled What Was The Highest Bitcoin Price in History?
Let’s go through some of the top Bitcoin price predictions by experts in recent times:
One of the most prominent Bitcoin investors, Thomas Lee, who is also the co-founder of Fundstrat Global, a research company, has predicted that Bitcoin will reach the price level of USD 1,25,000 in the year 2022. It is interesting to know that Lee’s predictions last year were not far off, and he uses data science to arrive at them.
One of the earliest Bitcoin adopters, Keiser invested in Bitcoin when one unit of the cryptocurrency was valued at USD 3. Keiser, who is an open critic of central banks has stated in a recent tweet that in the long run he sees Bitcoin hitting the price level of USD 100,000.
Famous American businessman and founder of the American global computer security software company, McAfee, John McAfee has on several occasions stated that Bitcoin will reach the price level of USD 1000,000.
Veteran investor and blogger, Trace Mayer started promoting Bitcoin in early 2011 when the price of the world’s first cryptocurrency stood at USD 0.25. As per his Mayer-Multiple approach, he has mentioned that he sees the price of Bitcoin touching the level USD 115,000 in December 2018. Read the article Bitcoin Price History: An Overview to know about the past trends.
Software engineer and founder of Casa Wallet, Jameson Lopp is well known in the crypto world. Based on the seven year trend in the prices of Bitcoin, Lopp has arrived at the price level of USD 250,000.
American Venture Capitalist, Tim Draper, who is also the founder of the Draper University has proclaimed that the price of Bitcoin will touch the heights at USD 250,000 in the year 2022.
The Winklevoss twins have revealed that Bitcoin is undervalued at the current price. The twin brothers expect the price of Bitcoin to be 40 times as much as the current value of the cryptocurrency. Hence, as per their claim Bitcoin should touch the level of USD 320,000 in the coming years.
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