In recent months, the digital currency Bitcoin has witnessed significant movements in the market, which has prompted many experts to raise questions about the future of this currency, especially the possibility of it reaching the $100,000 barrier. In this article, we will review the opinions of experts on the future expectations of Bitcoin in the short and long term.
Short-term forecast
As 2024 begins, Bitcoin has seen a massive surge of over 55%, leading some to predict that the currency could reach unprecedented levels. Predictions from experts such as Standard Chartered suggest that Bitcoin could hit $100,000 before the end of the year. The main reason behind these predictions is the large inflows of institutional investment, especially after the approval of Bitcoin-related exchange-traded funds (ETFs), as well as the “halving” event in April 2024 that halved mining rewards.
Long-term outlook
Looking at long-term forecasts, there is a lot of optimism from major investment firms like *ARK Invest* who predicted that Bitcoin will reach $600,000 by 2030. While *Bernstein Analyst* Gautam Chhujani predicted that the currency will reach $150,000 by 2025. These forecasts are based on increasing institutional acceptance of Bitcoin and the continued improvement of the regulatory framework for digital currencies.
Additionally, some expect the 2024 “Halfing” effect to lead to a significant price spike within 12-18 months after the event, boosting the chances of reaching and possibly exceeding $100,000 in 2025.
What do the experts say?
It is important to note that forecasts vary and differ based on each expert’s perspective. For example, *Matrixport* and *BitQuant* predict a price range of $80,000 to $250,000 by the end of 2024. Others warn that predicting the price of cryptocurrencies is risky given the high volatility of the market and its impact on macroeconomic factors such as inflation and global monetary policies.
Conclusion
While the $100,000 target remains ambitious, it is not entirely out of the question based on current indicators. However, investors need to take into account the rapid changes in the market and the potential impact of global economic and political events. As experts have pointed out, Bitcoin remains a risky investment but holds great potential in the future.
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*المصادر: [BeInCrypto](https://beincrypto.com), [CryptoNews](https://cryptonews.com), [CoinGecko](https://coingecko.com)*
