Bitcoin Long Term Price Prediction – November 23, 2022

The latest developments in the crypto money world have also hit the leading cryptocurrency Bitcoin.
 Bitcoin Long Term Price Prediction – November 23, 2022
READING NOW Bitcoin Long Term Price Prediction – November 23, 2022

The latest developments in the crypto money world have also hit the leading cryptocurrency Bitcoin. Bitcoin has gained 1.6 percent in the last 24 hours, according to data from CoinGecko.

Although Bitcoin is currently hovering at $ 16 thousand, it was rallying in this period of last 2021. BTC, which went up to $ 69 thousand with the rally, does not seem to make its investors happy at the moment.

Bitcoin Price Predictions by Years

Bitcoin has been a subject of great interest in economic and financial circles since its launch. Some supporters were not in view while saying some savior and revolutionary for Bitcoin. However, it is also a fact that Bitcoin will be talked about and attract more attention in the future than today.

Bitcoin price prediction is based on expert opinions, technical analysis and previous movements.

Bitcoin’s floor and ceiling price predictions by year

Considering the current outlook, it does not make much sense for analysts and experts to make very high valuations for Bitcoin at the end of the year. The inflationary situation in the world and the interest rate hikes by countries have a negative impact on the Bitcoin price.

The estimated maximum value for Bitcoin by the end of 2022 is $ 18 thousand, while the minimum value is $ 16,700. In 2023, this situation is $ 23,870, while the maximum is $ 29,160. When we look at 2024, we see a price prediction ranging from 23 thousand dollars to 29 thousand dollars. When we look at when Bitcoin reaches its ATH (All Time High), analyst views point us to the year 2026. The first three-digit forecast for Bitcoin appears in 2027 with $ 105 thousand. If we take a look at 2031, the last year of the analysis, we see that Bitcoin is predicted to be the first half a million dollars. This price is 576 thousand dollars, which is the maximum of 2031.

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