2021 was an uncertain year for Bitcoin. The largest cryptocurrency in the world by market capitalization, it hit an all-time high of around $ 65.000 in April of this year.
However, it has lost more than half of its market value, exacerbated by tough Chinese regulations and crackdown on mining. This year also saw an increase in Bitcoin's adoption rate. There are several established financial institutions and technology companies that have entered this space, notably PayPal (PayPal shares - ticker PYPL), Visa, JPMorgan, Goldman Sachs, MicroStrategy, Apple and Tesla.
Following increased adoption of Bitcoin coupled with greater blockchain-based investments, it is evident that hyperbitcoinization is almost a reality, expected by 2050. Put simply, the time when Bitcoin will take over global finance.
However, even before hyperbitcoinization, what will the price of Bitcoin be in 2025? Considering the price history, behavior and forecasts of experts, here's how much Bitcoin could be worth in 2025.
How much will Bitcoin be worth in 2025?
Despite losing more than half of its value, Bitcoin still offers excellent prospects. Numerous institutional investors and companies continue to increasingly adopt BTC after realizing its enormous potential. Several companies view Bitcoin as a long-term institutional investment.
The supply of bitcoins is limited to 21 million and 18,5 million bitcoins have already been mined in its ten years of existence. With this in mind, increasing demand with gradually decreasing supply will undoubtedly lead to a high price in 2025. Why? At that point, there will be fewer Bitcoins to mine.
Predictions from cryptocurrency experts
Different cryptocurrency experts have different views on Bitcoin's price in 2025. In a study to map Bitcoin's future prospects, a panel of 42 cryptocurrency experts, which included cryptocurrency managers and crypto analysts, predicted Bitcoin's price in 2025 The speakers predicted that Bitcoin's price would be $ 318.417 by December 2025 and $ 4.287.591 by December 2030.
They said price prediction was possible due to increased adoption by corporations and institutional investors, increased asset inflation, and expansive monetary policy. Furthermore, the upcoming halving of bitcoin will also be instrumental in pushing BTC at this price.
In a tweet Pavel Shkitin, CEO of Nominex Exchange, points out that all sectors are looking forward to a deeper adoption of cryptocurrencies by the world's leading companies so that they can raise the price of Bitcoin to 6 digits even before the end. of this year. The next halving cycle will show us greater adoption of Bitcoin as legal tender by developing countries.
Pavel believes this trend will continue and until 2025, Bitcoin will have replaced gold as a global reserve asset. It will start a huge bull market and take BTC prices up to $ 500.000.
Justin Chuh, a senior trader at Wave Financial, expects BTC to end in 2025 moving to $ 210.000 per BTC. He claims that Bitcoin has proven itself as a proven haven for digital assets. It also claimed that it would hit the price due to event halving and extreme inflation, triggering huge price movements.
Max Keizer, the host of The Keizer Report, predicts that BTC will be worth around $ 100.000 in 2025 and $ 400.000 in 2030. Robert Kiyosaki, the author of the New York Times bestselling book Rich Dad, Poor Dad, predicts that BTC will reach 75.000 $ by 2021.
