Bitcoin May Smash the $100K Mark in 2024 – Experts Weigh In
In the latest report from Finder’s Bitcoin Price Predictions, 31 crypto and fintech pros got together to guess where BTC might land. Spoiler alert: the consensus leans toward a jaw‑dropping peak near the $100k range.
2024 White‑Paper Forecasts
- Premium Peak: $122,000 (mid‑year)
- Annual Close: $109,000
Several analysts swear that a surge in institutional money and the launch of spot Bitcoin ETFs are the main engines behind the rally.
What Nick Ranga (ForexTraders) Says
“The bulk of the current bull run comes from institutional capital flooding in after the SEC approved spot Bitcoin ETFs. Supply is being chased by demand—about ten times bigger.”
“A halving event will throw a supply shock on top of that, cutting new Bitcoin production in half and sending the price up. Plus, retail investors are hopping back in, with new account sign‑ups soaring.”
Shubham Munde’s Take (Market Research Future)
“The halving should bump BTC’s price up, but not crazy high. I’m looking at a peak near $95k and a year‑end around $91k.”
Jeremy Cheah’s (Nottingham Trent) More Skeptical View
“I predict an $100k peak, but the hype is likely to die once the halving occurs. I expect year‑end at $75k.”
John Hawkins’ (University of Canberra) Bearish Scenario
“BTC looks overpriced now. I foresee a collapse to $20k by year‑end.”
“Spot ETFs weren’t enough to sustain the price once they launched back in 2021.”
Long‑Term Outlook 2025–2030
On average, experts think BTC will hit about $151k by the end of 2025 and a staggering $567k by 2030.
- Dimitrios Salampasis (Swinburne) puts 2030 at $550k but warns of volatile swings.
- Factors like regulation, cost of living pressures, and central‑bank policy moves could all stir the pot.
Market Sentiment on Today’s Prices
- 47% believe BTC is underpriced.
- 40% feel it’s fairly priced.
- 13% think it’s overpriced.
Take‑away: When to Act?
61% of the panel says buy now before the halving; 32% favour a hold strategy; only 6% suggest selling.
So, are you ready to jump into the crypto frenzy before the 2024 halving? Grab your coffee, brace your wallet, and keep an eye on the market. The next bell could be the one that rings your wallet to life!
Happy investing—and keep that sense of adventure alive!
