A study conducted by Finder.co.au in Australia saw experts in the financial market forecasting the year-end Bitcoin price in the $7,500 to $9,000 range. As of February, the price of BTC hovers at around $3,500. An increase from $3,500 to $9,000 would be equivalent to a 157 percent rise in value within less than ten months. Why Experts Remain Positive on the Long-Term Outlook of Bitcoin Executives at investment firms, individual investors, and fintech experts are generally positive on the long-term trend of Bitcoin because of various short-term catalysts that may fuel the market In the first quarter of this
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