The cryptocurrency market collectively celebrated Bitcoin’s rise above $100,000. This was a milestone that the community had been yearning for years. As the world’s largest cryptocurrency moved beyond this mark, several industry experts were rushing in to predict the asset’s next move. While some believe that BTC is on its way to hit $1 million, a few others were setting short-term targets. A recent study by Finder highlighted a rather ambitious prediction of 25 cryptocurrency industry experts.
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A Look At Bitcoin’s Current Price
At the time of writing, BTC was trading at $93,324.36. This price level was achieved after the king coin surged by 1% over the past 24 hours. It should be noted that Bitcoin has remained below the $90,000 mark for the past month. During this period, the asset even plummeted to a low of $74,436.68. The latest rise comes as a much-needed respite for the Bitcoin community.
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How Long Will The King Coin Take To Reach $833,000?
25 industry specialists came together to set new price targets for Bitcoin. The king coin has recorded a notable rise during the past couple of months. Reviewing the same, Finder said,
“On average, our panelists think Bitcoin (BTC) will be worth $135,048 by the end of 2025, down from the $161,105 predicted in our January 2025 report. Looking further ahead, they see the price of BTC rising to $452,714 by year-end 2030 and $833,000 by the close of 2035.“
In addition, most members of the panel believe that the moment is right to purchase Bitcoin. Specifically, 68% of respondents think that BTC is a decent investment at its present price. Meanwhile, 25% think that now is a good time to hold the king coin. Only 7% believe the moment has come to sell.
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