As of today, the market value of Bitcoin is around 11,763.94 U.S. dollars as per Markets Insider reports. However, the value comes up and down by margins of amount in the range of 10,000 - 12,000 U.S. dollars these last quarter of 2020. This might seem to instill in the minds of the newbie crypto traders and those who are about to start entering the market, but fear not because many analysis done by crypto experts have made it clear that this will steadily increase and be prosperous for the next 10 years.
For multiple cryptocurrencies, the CRR or Crypto Research Report disclosed the price predictions of Bitcoin, Ethereum, Stellar, and other popular cryptocurrencies for the next decade. This is the CRR report in their 10th publication and it covers a common valuation approach used to predict the future price of bitcoin called the "equation of exchange" model. Though a prediction, this is a model that gives a target price where crypto-assets should be priced based on common factors affecting changes in supply and demand.
The CRR researchers arrived at potential price forecasts for BTC after analyzing all the factors and addressable markets. They expect the bitcoin price to grow in 2020 to 19,044 U.S. dollars, in 2025 to $341,000, and in 2030 to $397,727. This just not overrules the July release of Forbes' probability assessment to Bitcoin at the end of 2020 which says that there's only a very little chance that the value of Bitcoin reaches $20,000, but also makes such a statement be deemed inexistent. Thus, people should not be afraid of how inconsistent the change in Bitcoin's value! Also, remember that no risk, no gain! And the higher the risk the higher the gain!
