Last Updated on 5 November 2023 by CryptoTips.eu
Top 10 Bitcoin Price Predictions in 2024 by Experts
The price of Bitcoin in 2024 has been all over the place. That’s all thanks to the economic turmoil this year. That said, it’s challenging to predict the bitcoin price in 2024. However, experts in the field have given it a shot. With that in mind, this article will provide you with the top 10 Bitcoin price predictions by experts. Other than that, stick around for more information on bitcoin price and investment opportunities.
So, without further ado, let’s get started!
Top 10 Bitcoin Price Predictions by Experts in 2024
- Antony Pompliano
- Max Keiser
- Preston Psych
- Ari Paul
- Raoul Pal
- Robert Kiyosaki
- Tom Fitzpatrick
- PlanB
- Mike McGlone
- Mike Novogratz
1. Antony Pompliano’s Bitcoin price prediction
Antony Pompliano has made a name for himself in the cryptocurrency world. He is the founder of Morgan Creek Digital, which is a hedge fund that entirely specializes in blockchain technology. Without a doubt, Antony has enough experience to predict the future price of bitcoin. In a heated interview with Peter Schiff, Antony says:
I think that bitcoin is going to hit $100k by the end of 2021.
And he believes that is probably because of the supply and demand of bitcoin.
The debate was based around Gold and bitcoin, but Antony believes that bitcoin is a worthwhile investment compared to Gold. And sure enough, Pompliano tries to defend his theory to Peter who’s so fixated on the Gold price. This debate is worth listening to since it will give you an insight into the future of Gold and Bitcoin in the eyes of two different enthusiasts.
2. Max Keiser’s bitcoin price prediction
Timothy Max Keiser is an American reporter and filmmaker who had a deep interest in the financial markets. In particular, Max relieves on an interview with Cointelegraph that he has been following Warren Buffett’s moves since his early days in the career in the 1980s. And from his words, the move that Warren Buffet has decided to buy Gold according to Max will push bitcoin to $50k.
What’s more, Max goes on to say that he predicted the price of bitcoin back in 2011 that this coin will hit $100k and still maintains that it will. According to Max, even if Warren hasn’t bought any bitcoin, he says Buffet will start soon by bitcoin after testing his investment with Gold.
His latest short term prediction was $28,000 by the end of 2020.
3. Preston Psych’s Bitcoin price prediction
Preston is a graduate of the famous Johns Hopkins University. He published several books including the ‘Warren Buffet Accounting in 2014. Preston has been in the industry for years, studying how the market moves and at the same time, studying Warren Buffett’s strategies. That has given Psych that extra keen eye to predict the future of bitcoin’s price.
That said, Preston believes a new long-term bullish trend is about to start on the bitcoin price. According to Psych, the bullish trend will not stop until the price of Bitcoin hits $100k and passes that mark. What’s more, he says that this price rise will not stop even after reaching $100k. Anyone who believes that bitcoin is costly now is lying to themselves since the coin will likely go even higher, according to him.
4. Ari Paul’s Bitcoin price prediction
Paul is probably not one of the most famous names in the business. But this young lad is making a fortune from his ideas. Ari Paul is the co-founder and also the chief investment offer of the BlockTower Capital, which is a company that manages crypto-assets for its clients since 2017. Paul says in an interview that we are in an inflation market currently, and it’s a process that is still starting.
Ari believes that we are in the early stages of a bullish trend in both Gold and Bitcoin, and it could go even higher by the end of the year. However, Ari lost a ton of money back in 2017 when he predicted that bitcoin would reach $50k. But he doesn’t regret his decision, and with the right price, he could still enter the same type of trade this year.
All in all, Paul predicts that bitcoin will give us a massive return by the end of the year.
5. Raoul Pal’s Bitcoin price prediction
Pal is a former Hedge fund manage who retired at the age of 36 years. Aside from that, Raoul ends on to found the Real-Vision company which typically offers publications from the world’s famous investors. What’s more, Raoul also runs Goldman Sach’s company. As you can see, he has quite an experience in the trading markets and hedge fund business. That makes him qualified to give a reasonable prediction to the price of bitcoin.
In an interview, Pal says that Bitcoin will outperform Gold and he is 100% sure about that. More importantly, Raoul has about 50% of his equity invested in bitcoin. Currently, Pal thinks it’s the best time to invest in bitcoin. What’s more, he might end up selling his Gold to buy more bitcoin because he believes it’s on the rise.
6. Robert Kiyosaki’s Bitcoin Price Prediction
Robert is a businessman who recently ventured into the cryptocurrency market as an alternative source of income. What’s more, Robert is the founder of Rich Global LLC, which is a company that educates people on personal finances. He has over 26-books in the market today and more to come. Robert’s best-selling book is the Rich Dad Poor Dad series which he sold millions of copies around the world.
Robert’s take on the Bitcoin price is a bit different than the rest of the investors in this list. According to Kiyosaki, the cost of bitcoin is going to crash once the world finds the vaccine for COVID-19. In his mind, this will present a unique buying opportunity for most buyers. However, if anyone is found on the wrong side of the trade, they will likely suffer huge losses.
7. CitiBank director Tom Fitzpatrick Bitcoin Price Prediction
Leaked documents of the Citi Bank / CitiGroup shows that the director Tom Fitzpatrick hinted that the Bitcoin price could hit $318,000 by 2021. A user on Twitter leaked these documents. The documents have extensive technical analyses why the Bitcoin price will rise in the coming months.
8. PlanB’s Bitcoin Price Prediction
PlanB the anonymous Dutch quant who is famous because of his Stock-to-Flow model also tried to predict the future price of Bitcoin. This mathematician uses math and models to guess the Bitcoin price. Currently he has over 140K followers on Twitter and the price is still moving according to his model. He divided the price growth in different phases, where phase 5 is the last phase.
No, technically I predict 288K average bitcoin price in phase 5. But I don't know exactly when phase 5 starts and ends. But I do know that S2F already doubled (after halving) and it cannot take years for price to follow because that would make it impossible for the ave to be 288K
— PlanB (@100trillionUSD) May 25, 2020
PlanB’s BTC prediction is $288.000 by the end of 2024.
9. Mike McGlone’s Bitcoin Price Prediction
Mike is a commodity strategist at Bloomberg, and he joined the company back in 2016. McGlone has over 25-years of experience in commodity and futures trading. He began his career in this industry with the Chicago Board of Trading. Before he joined the Bloomberg company, he worked as the head of US research in ETF securities. Mike has an MBA from DePaul University. He is more than qualified to give a precise bitcoin prediction.
According to Mike, Bitcoin’s price will hit $100,000 by 2025 and $14,000 by 2024. The $14,000 will be the resistance level. That’s because bitcoin is currently maturing into a store of value. Also, the forces that drive the price of Gold are the same forces that push the BTC price up.
10. Mike Novogratz BTC prediction
Mike Novogratz is not only an entrepreneur in the Bitcoin space, but also a well-known bitcoin bull, the biggest coin of the world is the currency of the future according to him. He made his fortune as a hedge fund manager and was labeled a billionaire by Forbes in 2007 and 2008.
In an interview with CNBC, he makes a short term prediction, the BTC price will be $20,000 by the end of the 2020. Later in 2020 he changed his prediction even higher to $65,000. He didn’t specified the time frame.
What is the future of cryptocurrency?
Well, most experts and enthusiasts believe cryptocurrency is the future of currency. And that said, cryptocurrency is likely here to stay. However, there’s no one with a 100% guarantee that bitcoin’s price will go up or down. That’s because we all have different technical analysis skills. One thing’s for sure; bitcoin isn’t going anywhere.
To sum it all up, you need to remember that cryptocurrency trading, or any other form of trading, is not a get-rich-quick plan. It takes time and research to get the best out of your trading strategies. More importantly, only trade with money that you can spare. All in all, you can check out how to buy bitcoin safely.
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