Bitcoin Price Prediction: $81,680 in 2022, and $420,240 by 2030

Updated by Nicole Buckler
In Brief
  • 50% of panelists think a more advanced blockchain will eventually overthrow Bitcoin
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Bitcoin Price prediction: According to a panel of experts, Bitcoin (BTC) will hit $80,000 this year. This will be a new all-time high. This is according to Finder.com’s latest Bitcoin Price Predictions report.

Finder’s panel is comprised of 35 fintech and cryptocurrency specialists. They believe that BTC will peak at $81,680 this year. Then drop to $65,185 by December. 

Martin Fröhler is the CEO of Morpher. He gave one of the most bullish end-of-2022 forecasts. “Political uncertainty, inflation, and an ever-increasing desire to own non-government controlled assets will propel Bitcoin to new all-time highs.”

Bitcoin price prediction: Not everyone is positive

CoinJar CEO Asher Tan gave a more conservative prediction. Tan predicted that BTC will peak at $60,000. This is before dropping slightly to $56,000 by December.

“There’s still plenty of uncertainty about the short-term Bitcoin outlook. Given the macroeconomic headwinds, it would not surprise me to see Bitcoin spend the whole year bouncing around between US$30-60k – the sort of conditions that are terrible for traders, but rewarding for accumulators with a multi-year timeframe.”

The panel’s average forecast for the end of the year is a bit higher than the price of BTC at the time of writing. But it is 15% lower than the prediction made in January of $76,360.

Use-cases

Finder suggests that Bitcoin’s lack of use cases (other than being a store of value) may be why the panel is becoming less bullish when it comes to BTC.

Bitcoin Price prediction against Ethereum

Half of Finder’s panel believe that BTC will eventually be overtaken by a more advanced blockchain. They predict that it will no longer be the most popular cryptocurrency. 

Says Joseph Raczynski, technologist and futurist at Thomson Reuters, “Bitcoin is a one trick pony. For now, it really only serves as another currency, akin to a dollar, euro, or pound. Other blockchains that serve a multitude of purposes will likely have a chance to take the throne.”

Raczynski said this is likely to be Ethereum

“Ethereum can serve as money but has created a platform to tokenize all assets and create a massive platform of the internet of value. This is far grander than BTC potentially.”

Since October 2021, longer-term forecasts for BTC have been on the downtrend. By 2025, the panel predicts Bitcoin will be worth $179,280. This is a 13% drop from the panel’s prediction of $206,351 in October. It’s also a 7% drop from the forecast of $192,800 in January.

Bitcoin Price prediction against Ethereum

Former predictions revised

Since October, the panel’s price predictions for 2030 have also dropped. The panel now predicts that BTC will be worth $420,240 in December 2030. This is roughly 25% lower than their forecast of $567,472 in October. 

John Hawkins is a senior lecturer at the University of Canberra. He is the most bearish on BTC’s future. He predicts BTC will be worth just $5,000 in 2022, and $100 by the end of 2025. By 2030 he predicts it will lose out to Ethereum.

“As well as private crypto being replaced by CBDCs, and a general collapse of the speculative bubble, I think Bitcoin will lose out to Ethereum which has a stronger use case, especially if Ethereum ever converts to Proof-of-Stake (PoS) and so becomes more environmentally responsible.”



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