WHAT WILL HAPPEN TO BITCOIN AT THE END OF THE YEAR? Where do experts see Bitcoin price at the end of the year?

After entering the summer period with a SEC shock, Bitcoin quickly overcame this shock with the revival of spot ETF applications and stepped into the $ 30,000 band. In this process, the main factor supporting Bitcoin's recovery process was the increase in institutional interest.
Bitcoin, which rose to $31,800 in July, started to lose momentum in the second half of the month and began trading below $30,000 as of this week. While it remains a matter of curiosity how Bitcoin will move in the second half of the year, 29 financial experts were asked about their year-end price predictions for Bitcoin.
According to the results shared by Finder.com with Finbold, market experts expect Bitcoin to increase its value in the coming months. In the survey in which 29 market experts participated, the consensus estimate was that Bitcoin could reach $ 38,488 by the end of the year. However, market experts think that the potential peak for BTC may be around $42,000 in 2023.
In the longer-term price prediction, experts participating in the survey predict that Bitcoin can reach an average of 100 thousand dollars in 2025 and exceed 280 thousand dollars in the longer-term forecast by 2030.
Experts' comments about BitcoinIn the survey conducted among experienced names in the financial market, it was reported that professionals determined their Bitcoin price targets with comprehensive analysis. Although predictions vary in the potential performance of the cryptocurrency, the general opinion is bullish.
Among the factors that will support the upward trend for Bitcoin, the increase in institutional interest in cryptocurrency stands out. Experts agree that a possible spot ETF approval, in particular, would significantly increase liquidity in the Bitcoin market.
In addition, it is thought that a possible spot ETF approval, supported by Bitcoin's halving event that will take place next year, will strengthen the long-term uptrend.
As a result, more than half of the experts participating in the survey had a positive opinion about Bitcoin and thought that it was the right time to enter the market, while 33% of the participants advocated keeping existing investments. The other 7% recommended selling Bitcoin.
Bitcoin tested below $29,000 after a 4% decline in the last 24-hour period. BTC then partially recovered and started the day horizontally at the $ 29,000 limit.
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