News - German investors expect these Bitcoin prices in 2030
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German BTC-ECHO asked a total of more than 2,400 crypto investors about their Bitcoin prediction to the year 2030. These are the results.
The crypto year 2024: a success so far. Bitcoin has risen from about $40,000 in January to $73,750, up nearly 85 percent. At the time of writing, the cryptocurrency is undergoing a correction. However, Bitcoin's future looks bright, according to experts.
Cathie Wood, the CEO of Ark Invest, made headlines back in mid-January when the 68-year-old made an extremely bullish Bitcoin prediction on U.S. television channel CNBC. In the worst case scenario, Bitcoin will reach a price of $258,000. The head of Ark Invest added: "Our base case is around $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 rocket forecast primarily to the approval of spot ETFs. We should note, of course, that Ark Invest itself benefits greatly from such prices.
The Bitcoin prediction for 2030 from BTC-ECHO and KPMG is much more conservative. More than 2,400 people who have already invested in digital assets such as Bitcoin and other cryptocurrencies participated. This makes this the survey with the most participants in the German region to date.
More than 50 percent of respondents believe Bitcoin will be worth about $250,000 or more by 2024. For 34.3 percent, it is certain that Bitcoin will reach the $100,000 mark within six years.
Some 200 participants - 8.3 percent - paint a pessimistic picture for the cryptocurrency's future: Bitcoin is expected to fall to $50,000 by 2030. It could be worse: just under 50 investors surveyed think a Bitcoin price of $12,500 is possible.
If you want to know what cryptocurrencies the surveyed investors are buying and what concerns crypto investors from Germany in general, you can download the entire survey for free here.