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One of the biggest investment of this century or even this millennium is none other than Bitcoin. It made its debut in 2009 and was the first of its kind. At that time, it was worth a mere $0.06 per coin, but we have seen the price of this cryptocurrency increase from March 2010 onwards until in 2017 when it reached its peak of $19,000 per Bitcoin. This happened in December 2017 and that was the year when thousands of investors made millions through their Bitcoin investment. Sure, the cryptocurrency has declined since then and has lost more than half of its value.
In fact, its current price is a little above $7,000, but no matter how valuable Bitcoin is today, people are more confident than ever about its progress. After all, this cryptocurrency has moved from the dark web and has become mainstream. Bitcoin has a lot of support and there are lots of people who are believing in and betting on the cryptocurrency in a big way. Everyone wants to know Bitcoin’s future. There were a number of early investors who made millions from their investment in Bitcoin and there are newcomers who wish to replicate this success.
There is a lot of speculation about Bitcoin’s price movements; most people believe that its value can only increase because of more interest i.e. demand. Furthermore, it also has a cap of 21 million, which could also increase its price in the future. There were a lot of predictions about Bitcoin’s price in 2020, but the Coronavirus pandemic has derailed numerous markets, including cryptocurrency. In fact, Bitcoin suffered a major decline in early March, but has picked up again since then and is now relatively stable. But, what about Bitcoin price 2025? If you take a look at the charts that depict Bitcoin’s meteoric rise over a short period of time, you will realize that it can be difficult to make an accurate prediction.
The further you move away from the present, the more difficult it is to say anything because of Bitcoin’s volatility. However, it is easy to guess that the price of the coin could go as high as $150,000 per coin, as per some of the more conservative predictions that have been made regarding this cryptocurrency. Nonetheless, there are also some true believers out there who think that by 2025, Bitcoin’s price could reach a whopping $500,000.
