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The rise and fall of Bitcoin – and how prices are set to climb once more

By LLM Reporters   |  

It’s been a dramatic couple of years for Bitcoin investors, who after watching it rise to an all-time high of $64,000 in value earlier this year, have recently seen the cryptocurrency plunge to almost half the price in a devastating demonstration of the high volatility with which it is associated.

Despite the disappointment, many experts believe that this is little more than a momentary blip, and predict that those who stand their ground will stand to reap the benefits over the coming years, with Bitcoin value set to reach an eye-watering price of $318,417 by December 2025. Of the panel of crypto-experts in question, one has even been so brazen to suggest that a surge later this year could see a rapid increase to $160,000 in the next six months alone – a sign, if you were sitting on the fence as a potential investor, that now could be just the time to bite the bullet.

A study conducted by Finder – a major product comparison website – saw 42 crypto-experts grilled on what they believe lies ahead for Bitcoin, with panellists including asset managers, crypto analysts, crypto-exchange executives and university lecturers, and suffice it to say, it turned up some pretty exciting discussions.

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No longer viewed as a weird digital fad that would never take off, Bitcoin has fast become one of the most sought-after assets for investors and traders

If their 2025 prediction hasn’t blown you away already, you might have to hold onto your hat when looking ahead to 2030 – because panellists agree that as we head into the new decade, Bitcoin prices could be sitting pretty at an almost unbelievable $4,287,591 per coin (although the average is skewed by outliers).

So, what will be responsible for this meteoric growth? Several factors could be at play. As corporations and institutional investors begin to show greater interest in crypto, a loose monetary policy and high asset inflation could drive the value of Bitcoin to almost unimaginable new heights.

Halving events – which occur at four-yearly intervals and slash the number of Bitcoins currently in circulation – are known to drive both demand and prices skyward – and during the next halving cycle, we can expect to see an increase in the adoption of Bitcoin as a legal tender by developing countries. By 2030, it is thought that it could even have replaced gold as a global reserve asset – a bold idea, but one that appears to be becoming increasingly possible.

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The future of Bitcoin is unpredictable, the general consensus currently seems to be that it’s worth taking the risk

There’s no denying that, following surging prices earlier in the year, Bitcoin is coming increasingly under the microscope – and while it was initially viewed as just a passing fad – and rather a strange one, at that – a growing number of investors, traders, and average Joes on the street are beginning to take its potential more seriously.

Nonetheless, it still seems almost inconceivable that Bitcoin could overtake global finance – unless, of course, you’re an expert. The panel interviewed by Finder believe that, in fact, hyperbitcoinisation could occur sooner rather than later, with 54 per cent predicting that it will be a done deal by 2050. 29 per cent of those would even go so far as to say that 2035 is the year to watch, so it seems we could be set to witness some remarkable things in the finance and investments world over the coming years.

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Bitcoin is an open source censorship-resistant peer-to-peer immutable network

Now, it seems, is a prime time for investors looking to make a long-term investment that might just pay off – that is, if you have the nerves of steel required to cope with the market volatility. And, with Bitcoin trading more accessible than ever thanks to the advent of an increasing number of online brokers and apps, it’s little wonder we’re seeing some impressive numbers jumping on the bandwagon. Gone are the days when an extensive knowledge and understanding of the market were required even to get started – let alone see success – and with crypto trading bots like Quantum AI doing most of the leg work, just about anyone can get involved and start making some moves.

But while the allure of huge returns might be tempting, it’s wise to take an honest look at your finances first. Even if you have plenty of money to invest, it’s important to consider the long-term, and ensure that any investment you make aligns with your objectives for the future. If you’re likely to require some level of liquidity over the coming years – whether to enjoy an early retirement or to help your children get onto the property ladder – then be sure to keep some money back. Only invest what you can afford to lose, and anything that comes back to you will be a (potentially sizable!) bonus.

Disclaimer: Investing money carries risk, do so at your own risk and we advise people to never invest more money than they can afford to lose and to seek professional advice before doing so.