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The Finder panel has always shared thoughts about bitcoin and where they see the price going in the coming months and even years. Over the past year, there have been some bullish predictions from the panels, but as time has gone by, these experts have begun to adjust their predictions to the current market. The most recent of these panels has revealed their views on the digital asset, and it’s adjusted even lower.
11% growth by the end of the year
the finder panel shared their thoughts on where they think the digital asset price will end up. According to them, they expect an additional 11% growth in the price of bitcoin from current levels. This puts BTC at a price of $21,344 by the time 2022 is over.
This is different from the Finder panel’s previous predictions for the course of 2021. In January 2022, the panel had said they saw the price of BTC end the year at $76,360 by the end of the year. This was to be reduced in April 2022, when the same panel set the price at the end of the year at $65,185. In another cut, they submitted a $25,473 forecast for the digital asset in July.
One thing that remains constant is the lowering of the panel’s predictions as the bear market continues. However, they continue to insist that bitcoin will still see upward momentum towards the end of the year, hence the 11% forecast this time around.
BTC price falls below $19,000 | Source: BTUCSD on TradingView.com
Bitcoin in the long run
As always, the Finder panel made forecasts not only for the short term, but also for the long term. These predictions tend to span nearly a decade, pushing prices to a point where they believe they will be on several key dates in the future.
In addition to 2022, they also provided price predictions for the years 2025 and 2030. Even these predictions showed an upward trajectory, although lower than their previous expectations, in line with the panel’s bullish outlook.
The first, in 2025, they expect the asset to trade at $79,000. In April this figure was $179,000 and in July it was $107,000. The 2030 projections were revealed at $270,000. To put this into perspective, the panel had previously said that BTC would hit $314,000 in July and $420,000 in April.
Despite fluctuating price predictions, the report found that 77% of experts in the panel still believe bitcoin is a store of value. “Basically nothing has changed for Bitcoin, it is a global capital crisis and Bitcoin will be hit in the near term but will recover; many other financial assets do not,” said Serhii Zhdanov, CEO of EXMO.
Featured image from MARCA, chart from TradingView.com
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