A new report by independent research firm, Finder, has predicted that Bitcoin (BTC) will hit an all-time high of $188,451 after investors suffered significant losses in 2022.
In the report obtained from Finder on Thursday, IgbereTV gathered that Bitcoin will surge to $188,451 in 2030, as predicted by analysts covered by Finder.
The research firm said before the BTC will climb to that level, it will touch $77,492 in 2025. It also stated that Bitcoin is expected to peak at $29,095 in 2023.
It will, however, settle at $26,844 at the end of this year, the same year Finder stated BTC will hit a low of $13,067, indicating that the crypto-asset will not replicate its previous all-time high of $65,000, recorded in November 2021, anytime soon.
With Bitcoin currently trading around $22,975.35, Finder said 50 per cent of experts it interviewed stated that “now is a good time to buy BTC and 37% feel that it’s a good time to hold the asset. Only 13% of the panelists felt that now is a good time to sell BTC.”
The report also reads that when asked if Bitcoin was overpriced or underpriced, “Most of our panelists feel that Bitcoin is currently selling at a discount. 64.71% feel that Bitcoin is currently “underpriced.
“1 in 5 (19.61%) feel that Bitcoin is currently “priced fairly”, while 16% (15.69%) feel that Bitcoin is currently “overpriced.”
