By the end of this year, bitcoin will be worth $65,185. People from the website Finder did surveys in the early part of April, and they were done then. How are things going? They asked 35 people who work with financial technology what they thought about how things were going. There are also statements asking from https://nftrobots.app users that the price is even more bloated in the current year.
There was a look at how people thought the price of bitcoin was going to be at the time. May is a month with a lot of results coming out.
This year, there are a lot of people who say that Bitcoin will be worth more than $65,00. In January, they said that they thought they would make $76,500. By the end of this year, their predictions are 15% lower than they were at that time.
If new rules on Bitcoin mining become more strict, this could make the value of BTC fall. Bitcoin also uses fossil fuels, which could make the value of BTC fall if new rules are made. Another reason why the bearish view is correct is that this is another thing that is true.
People who took the poll thought things like more institutional use, more countries that accept Bitcoin as a form of payment, and global law will help the price of Bitcoin.
As far as Bitcoin’s use as a way to protect against changes in fiat money goes, there doesn’t seem to be a lot of disagreement between people who work in the field.
The people who took the survey said that now is a good time to buy bitcoin because more than two-thirds of them said so. The most popular cryptocurrency, the dollar, isn’t a good idea to sell right now.
Most of the people who took the survey think that the value of Bitcoin will be $179,000 in three years. A few people think that if you keep Bitcoin until 2030, you will get the “real pay-off.”
Bitcoin is expected to be worth $420K by the end of this decade, which is 3.4% more than the price predictions made in January when they said it would be worth $406K.
People who took part in the study think that other blockchains will soon take over. This is how they see things going. A lot of people thought that Bitcoin would be popular for a long time, but it hasn’t been very popular.
As people lose faith in central banking, could there be an increase in demand for bitcoin?
A lot of people who work at Finder think that soon, another cryptocurrency will be the most popular. They believe this will happen. Several people want Ethereum to replace Bitcoin if it can switch to a Proof-of-Stake consensus method.
This is what half the people who took part in the poll thought would happen, while only 12 per cent were not sure. Because of its applications, some think Ethereum will become important, while others think it will become important because it can work with other systems, and so on. People believe this will happen. This type of cryptocurrency has become very popular in the last few years.
People don’t trust central banks or the government, so they think Bitcoin could be worth $100,000 by the end of the year because people don’t trust them. Many people would turn to Bitcoin as a “distributed” asset in this situation to protect them from the risks of the traditional financial system, which is not as safe as Bitcoin.