The product comparison web portal finder conducted a survey with 53 Fintech experts. Accordingly, the survey covers the predictions of fintech experts on various assets. According to the latest research, experts predicted the price of Bitcoin and Cardano. If true, it’s worth waiting for BTC and ADA price in December.
Cardano price could reach $0.63
Researchers at Finder have made predictions on several cryptocurrencies over the past two years, including Shiba Inu and Dogecoin. One of the most recent predictions was related to the popular altcoin project Cardano (ADA). The forecast of 53 fintech experts was published on July 13, 2022. Accordingly, experts predict that the Cardano price will reach $0.63 by the end of 2022. At the time of writing, ADA was trading at $0.4365 per unit. The altcoin lost 10.6% last month. It also fell 65.7% against the dollar from the beginning of 2022 to date. 53 fintech experts also gave estimates for the values of ADA between today and 2030. Accordingly, the report reveals that ADA could reach $2.93 by 2025.
Cardano priceFor 2030, they expect ADA to be worth an average of $6.54 per unit. However, not all respondents are optimistic about the future price of ADA. Accordingly, Daniel Polotsky, the founder of Coinflip, predicts that ADA will be lower than $0.63 this year. According to Polotsky’s estimation, Cardano will be $ 0.37 by the end of 2022. Polotsky is among those who believe it is time to sell ADA. Experts of this opinion accounted for 48% of the survey. 26% of the rest say it’s time to buy Cardano. The other 26% state that they only hold the altcoin. However, the vast majority of experts predict that the Vasil hard fork will improve the altcoin.
Bitcoin can go to these levels in the short and long term
The same analysts also made predictions for Bitcoin. According to 53 fintech experts, BTC will drop to $ 13,676. The report states that experts think the bottom will be around $13,676. However, they expect the leading crypto asset to end the year at $25,473 per unit. The experts’ forecast is quite consistent with the theory that BTC is losing more than 80% of its ATH in every major bear market. At the time of writing, BTC is trading 72% lower than its ATH of $69k recorded on November 10, 2021. If this theory is correct, BTC will bottom at $13,800. However, Morpher’s CEO, Martin Froehler, takes a different view. The expert expects a much lower bottom price for Bitcoin. According to him, BTC will see $12,000 before jumping to $40,000.
bitcoin priceHowever, only 29% of 53 experts predict that the bear market will end this year. 46% of respondents predict that the bear market will continue until 2023. Additionally, 24% suggest current conditions could last until 2024. The University of Brighton expects the bear market to last until 2023, with BTC closing the year at $15,000. However, it’s worth noting that the Cardano and Bitcoin predictions mentioned above are just conjectures. Finder has published many predictions before. For example, the Terra forecast for early 2022 was quite optimistic for LUNA. However, as we reported as Kriptokoin.com, the altcoin has completely collapsed in the past months.
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