Bitcoin will soon rise to $87,000
Bitcoin (BTC) has been surging up the charts recently and hit a yearly high of $68,912 on Tuesday.
BTC has delivered excellent returns over the past 30 days as it increased in price by nearly 50%. The leading cryptocurrency saw an influx of funds after the SEC approved a BTC ETF earlier this year in mid-January.
YOU DON'T HAVE A BINANCE ACCOUNT TO BUY BITCOIN:
BTC's price surge has lifted the overall cryptocurrency market to new yearly highs, where altcoins like Cardano's ADA, Ripple's XRP, and VeChain's VET delivered strong returns to investors.
Meme-coins like Shiba Inu, Dogecoin, Pepe and BONK almost flew to the moon with over 100% returns.
Now that Bitcoin is heading north, will the king cryptocurrency rise above its all-time high of $69,044?
In this article, we will highlight price predictions for how BTC will trade over the next 12 months or more.
Bitcoin (BTC) could reach $87,000
Finder's Cryptocurrency Expert Panel predicts that Bitcoin has the potential to rise above the $69,044 mark.
According to Finders, BTC could reach a high of $87,125 next year around 2025. That's an increase and return on investment (ROI) of about 35% from the current price of $65,000.
Therefore, a $10,000 investment made today could turn into $13,500 if Finders' price prediction turns out to be accurate.
Finders emphasize on Bitcoin's previous performance and the upcoming halving event to predict its price. Additionally, BTC market capitalization once again surpassed the $1 trillion mark this month.
