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Bitcoin Price Predictions: From Zero to a Million – What do the Experts Think? | Blockonomi

It’s been a wild year for cryptocurrency prices thus far, exemplified by the meteoric rise and subsequent crash of granddaddy Bitcoin. After cresting a high of more than $19,000 in December, Bitcoin’s price tumbled down to less than $6,300 in early February. Since then, it’s vibrated at a relatively low range while the market as a whole made several false starts.

Legions of predictions have been made over the course of the year regarding when – indeed, if – Bitcoin’s price will recover. The vast majority of those predictions have failed to yield fruit. Still, the new holy grail is guessing Bitcoin’s price in the short to medium term, and there is no shortage of opinions on that subject.

One theme is clear, from the relatively conservative opinions to the out-and-out fanciful ones – few predict that Bitcoin will lose value by the end of the year. That, in and of itself, is a fairly bold prediction given the crypto world’s legendary volatility.

We’re going to take a brief survey of the thoughts swirling around the cryptosphere regarding Bitcoin’s medium-term price, from the mild to the wild. We’re also going to try to put those predictions in context to give a more complete picture of what the market may look like come Dec. 31 and beyond.

For the sake of simplicity, we’re going to list the predictions from the lowest value to the highest.

If you want to see what the experts think of Ethereum’s Price, see their predictions here.

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Bitcoin Price Predictions: From Zero to a Million – What do the Experts Think?.