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Over 200 thousand dollars! How much will Bitcoin be worth in 2025, here's what experts say: It will reach a record after...
2024-12-09 22:45:14 / EKONOMI&SOCIALE
Bitcoin, the world's most popular cryptocurrency, has hit a record price of $100,000, marking a milestone in global financial markets. This development has caused great debate over its future, as experts try to predict future price movements and their impact on investors.
According to some analysts, Bitcoin's rapid growth may be an exciting opportunity for profits, but it also warns of major risks. Glen Goodman, author of the popular book The Crypto Trader , points out that Bitcoin's gains may no longer be as strong as in the past. He predicts a possible peak of $120,000 by the end of January, after which a period of price decline may follow. Goodman suggests a cautious approach, emphasizing the importance of adapting to market fluctuations and following trends.
Another perspective is offered by Petr Chromy, an experienced trader, who expects Bitcoin to continue rising to $200,000 in the next four months. However, he warns of a big fall after this peak, suggesting that investors have reserves to refocus when prices fall. According to him, a wise strategy involves learning about the market and avoiding hasty decisions influenced by emotions.
On the other hand, Danny Scott, CEO of CoinCorner, shows optimism about the long-term potential of Bitcoin. He predicts the price could reach up to $250,000 within a year. Following a gradual approach, Scott suggests buying Bitcoin consistently and steadily to weather short-term price fluctuations. It emphasizes the importance of keeping a long-term perspective and avoiding anxiety about temporary market changes.
Chris Beauchamp of IG Markets predicts that Bitcoin could reach as high as $280,000 over the next year, based on previous bullish patterns. According to him, a limited supply and an increase in demand from long-term investors are key factors in maintaining the high value of Bitcoin. However, he advises caution, suggesting small initial investments to test the market before larger commitments.
Simon Peters, an analyst at eToro, links the prospects for Bitcoin's future to the halving of its rewards, a process that occurs every four years and usually leads to price increases. He predicts that Bitcoin could reach new highs by late 2025 or early 2026, following historical patterns. Peters emphasizes the importance of careful planning and accepting the risks associated with this volatile market.
As Bitcoin surpasses previous levels, experts agree on one thing: investing in cryptocurrencies requires caution, strategy and a long-term perspective. Traders should be aware of the volatility of the market and avoid making impulsive decisions. Despite the optimism of many, there are no guarantees about Bitcoin's future – a factor that makes it all the more attractive yet challenging for investors.
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