Disclaimer: The datasets shared in the following article have been compiled from a set of online resources and do not reflect AMBCrypto’s own research on the subject
Are you a Bitcoin holder or a trader? Yes? Well, if you are, tell me – How happy are you?
Well, chances are you’re more relieved than happy. Why? Well, because at press time, BTC was doing much better than it was a week ago. Even so, the crypto today is far from its ATH of $69,000 on the charts.
While there were expectations that following a brief drawdown, the crypto would hit new peaks again, that didn’t happen. In fact, the last few months have seen BTC fall as low as $18,000 on the charts. The latest uptick in the crypto’s price has come as a relief but if history is any evidence, this is unlikely to sustain itself. Simply put, the world’s largest cryptocurrency isn’t doing as well as people expected it to do.
This is interesting, especially since for a long time, many were expecting BTC to go as high as $100,000 on the charts. Heck, there were some with $200,000 and $500,000 predictions too. Understandably, when that didn’t happen, the blame game started.
PlanB’s S2F projections, for starters, were deserted by many. Pretty sure quite a few YouTubers got a lot of hate mail too.
Even so, despite everything, there remain many who are still in the business of predicting where the cryptocurrency will be 5 years or 10 years from now. This is important, especially since investors and traders would want to make very smart decisions.
The following article will touch upon these projections. With BTC emerging as a strong store of value of late, it is crucial investors are aware of where popular analysts see the cryptocurrency heading over the next decade. These
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