What will Bitcoin’s price be next year?
- $ 22,000
- $ 45,000
- $ 100,000
- $ 1,00,000….
Well, the answer is no one really knows but Bitcoin has always been subjected to many price predictions by experts in the past, a trend that is likely to follow in the times to come too.
Precisely because being a deflationary cryptocurrency it is only expected to increase in price. Plus, there are many experts and forecasters who have tried to statistically predict the price of Bitcoin in the future.
But honestly, the Bitcoin price doesn’t matter because whatever may be the price you only want a censorship-resistant system to transfer value from one to another.
And that’s what Bitcoin is good at and has also proved over the last 9 years.
You should read this article to understand more about this concept: Why the Price of Bitcoin Doesn’t Matter.
Beyond that, I understand, for some investors price becomes a motivation to stay in the game that’s why one should also not ignore it.
That’s why here I am sharing with you some of the Bitcoin predictions by the experts themselves.
Top 9 Bitcoin Price Prediction By Experts
1. Thomas Lee
Thomas Lee, prominent Bitcoin investors & co-founder of a research company called Fundstrat Global had predicted on record that Bitcoin will reach $25,000 in 2018 and will hit $1,25,000 by 2022.
His predictions last year were also quite useful. He does it based on strong statistics and data science. Also, he has been quite famous for his bullishness on Bitcoin and Ethereum in the past.
2. Max Keiser
Max Kiser is an early Bitcoin adopter and you can judge his early move by the price of one Bitcoin by then, which was $3.
He also presented the Keiser Report, a financial program broadcast on Russian state media channel RT and has been quite open criticizing the inflationary policy of central banks around the world.
He recently tweeted his price prediction of $28,000 and his long-term bet is that Bitcoin will reach $100,000.
World’s central banks are disintegrating. Only keep money in fiat you can afford to lose. #Bitcoin tested bottom at $6,000 and it’s now on track to post new ATH. $28,000 is *still* in play on this rally. https://t.co/4EM6IE4g7N
— Max Keiser, tweet poet. (@maxkeiser) May 4, 2018
This pattern will repeat all the way to Bitcoin $100,000 and beyond… pic.twitter.com/o9Wj4reBtv
— Max Keiser, tweet poet. (@maxkeiser) June 2, 2017
3. John McAfee
John McAfee, an American businessman, and programmer, who founded the McAfee computer security company has been the most bullish person on Bitcoin.
On numerous occasions, he has claimed on record that Bitcoin will reach $1000,000 which he changed from $ 500,000 last year.
And here is the tweet showing his seriousness in making such claims:
When I predicted Bitcoin at $500,000 by the end of 2020, it used a model that predicted $5,000 at the end of 2017. BTC has accelerated much faster than my model assumptions. I now predict Bircoin at $1 million by the end of 2020. I will still eat my dick if wrong. pic.twitter.com/WVx3E71nyD
— John McAfee (@officialmcafee) November 29, 2017
4. Trace Mayer
Trace Mayer is a veteran investor in the traditional markets such as gold and was the first blogger who started recommending Bitcoin in early 2011 when it was $0.25 per BTC.
Mayer is an entrepreneur, investor, journalist, monetary scientist and ardent defender of the freedom of speech. And through his Mayer-Multiple approaches has said that it might reach $115,000 in 2018 December.
Current #Bitcoin run very similar to Jan-Mar 2013 run ($7->$266->$90; $700-$20k->$9k) with backlogged new accounts, etc. then Silk Road catalyst (salable supply shock) for $100->$1,200. Mountain of #WallStreet money lining up. What are potential 2018 $BTC scenarios? @ToneVays? 😎 pic.twitter.com/PqrinsGSFz
— Trace Mayer [Jan/3➞₿🔑∎] (@TraceMayer) January 17, 2018
5. Jameson Lopp
Former BitGo Software Engineer Jameson Lopp, who now runs the Casa wallet, is a prominent figure in the cryptosphere.
He is also one of the cyberpunks who predicted that Bitcoin might reach $250,000 by 2020. And Lopp has calculated the seven-year trend of Bitcoin price based on daily value change and arrived at this figure of $250,000 per coin.
Bitcoin average DAILY value change:
— Jameson Lopp (@lopp) June 5, 2017
6. Tim Draper
Tim Draper, an American venture capitalist, and founder of Draper University recently predicted that Bitcoin will reach $250,000 by 2022.
Tim Draper also became famous due to his act of buying 30,000 bitcoins in a US Marshals auction in 2014 which were confiscated from the Silk Road market.
Oops! I predicted $250k in 2022. My tweet last night was missing a zero. $250k is the number!
— Tim Draper (@TimDraper) April 13, 2018
Winklevoss twins, recently in February 2018, said that Bitcoin is a highly undervalued and can be 40 times as much as its present value.
And if you run through the number and believe these twin brothers who reportedly hold around 100,000 BTCs, Bitcoin should hit $320,000 in the future.
Kay Van-Petersen, an analyst at Saxo Bank, who had predicted $2000 mark for Bitcoin last year was correct and now he has recently predicted that driven by institutional hype Bitcoin might reach $100,000 in 2018.
9. Bobby Lee
Bobby Lee, the board member of the BTCFoundation, and founder of China’s first Bitcoin exchange, BTCC said during a blockchain meeting in London, that Bitcoin will surpass the $1 million-dollar-mark. Previously, Bobby has earlier predicted $17,000 and $50,000.
So now you tell us: What’s your prediction for Bitcoin price in 2018 and beyond? Let us know in the comments section below and you can also start a discussion on our forum (ask.coinsutra.com)!
Also, bookmark coinsutra.community because we are always here to help you learn the technical and economic aspects of sound money like Bitcoin.
Here are a few other hand-picked articles that you should read next:
- What Not To Do After Investing In Bitcoin & Other Cryptos
- Top Free Blockchain & Cryptocurrency Courses/Certifications
- Ethereum: Ether, Ether Gas, Gas Limit, Gas Price & Fees
- This Is How You Can Get Cryptocurrency Price Alerts As Email Notifications
Harsh Agrawal is the Crypto exchange and bots expert for CoinSutra. He founded CoinSutra in 2016, and one of the industry’s most regarded professional blogger in the fin-tech space.
An award-winning blogger with a track record of 10+ years. He has a background in both finance and technology and holds professional qualifications in Information technology.
An international speaker and author who loves blockchain and crypto world.
After discovering about decentralized finance and with his background of Information technology, he made his mission to help others learn and get started with it via CoinSutra.
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