Bitcoin Price Will Reach $25k By 2019 And $250k By 2022, Experts Say

There is no time when the Bitcoin price isn’t a hot topic. Whether it’s surging or sinking, the leading cryptocurrency is the most popular topics of all in the crypto space.

With the recent surge to over $8,000 Bitcoin got into the eyes of many investors, traders and experts who are having another say on the cryptocurrency’s future. According to analysts, there may be a sudden surge in demand from institutional investors, making the price of Bitcoin grow a lot by the end of this year.

A couple of days after the billionaire venture capitalist and SpaceX investor Tim Draper said that Bitcoin price is likely going towards $250,000 by the end of 2022, we are all curious to see what the short-term growth will be.

Speaking of which, the mid-term is what is more interesting for many analysts. One of them is the Wall Street analyst and Fundstrat founder Tom Lee, who stated that the Bitcoin price will achieve $25,000 by the start of 2019. He also said that this is a major correction, noting:

“We still feel pretty confident that bitcoin is a great risk-reward and we think it could reach $25,000 by the end of the year,”

The Bitcoin price recorded a 15% increase in only 3 days – rising from $6,900 to $8,000. If the momentum is being kept, Lee’s predictions may turn out true and overcome the previous all-time high.

At this point, the major breakdown happens with the question – does Bitcoin have the potential to evolve into a major currency that is used by millions of users, merchants, retailers, restaurants, cafes, and businesses?

If this is possible, then the mid-term price prediction is more than likely to happen – and the long-term goals of $250k are definitely something that could happen (even sooner than 2022). In the end, we are about to see what happens with the current regulation going on.