The crypto year 2024: a complete success so far. Bitcoin has risen from around $40,000 in January to $73,750, an increase of almost 85 percent. The crypto reserve currency is going through a correction at the time of writing. However, there are also experts who predict a bullish future for Bitcoin.
Cathie Wood, the CEO of Ark Invest, made headlines in mid-January when the 68-year-old gave an extremely bullish Bitcoin forecast on US television channel CNBC. In the worst case, Bitcoin would then be at $258,000. The head of Ark Invest continues: “Our base case is in the range of $600,000. Our bull case – and we think the probability has increased with this SEC approval – is $1.5 million by 2030.” Wood attributes this lunar forecast primarily to the approval of spot ETFs.
Bitcoin forecast: This is what German investors expect
The Bitcoin forecast up to 2030 by the participants is much more conservative Study by BTC-ECHO and KPMG out of. Over 2,400 people who have already invested in digital assets such as Bitcoin and other cryptocurrencies took part. This makes it the study with the most participants in the DACH region to date.
More than 50 percent of respondents think Bitcoin will be around $250,000 or above by 2023. For 34.3 percent it is clear: Bitcoin will reach the $100,000 mark in six years.
Around 200 participants – at least 8.3 percent – paint a pessimistic picture for the future of the crypto reserve currency: Bitcoin is expected to have fallen to $50,000 by 2030. Things can always get worse: Almost 50 investors surveyed believe a Bitcoin price of $12,500 is possible.
If you want to know which cryptocurrencies the investors surveyed buy and what makes crypto investors from the DACH region tick in general, you can find out here Download the entire study for free.
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