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A Panel of Experts See Bitcoin Averaging $12,948 by Year End


A Panel of Experts See Bitcoin Averaging $12,948 by Year End

A panel of experts is predicting the price of bitcoin will rise to $10,337 by September before adding a further $2,611 to end the year at $12,948. The findings are drawn from a Finder Cryptocurrency Predictions Report for July 2020 and the latest figure is roughly $2,500 less than the price predicted in the April report. In the report, 28 panellists drawn from academia, crypto research firms, and hedge funds are also asked to give their sentiments about bitcoin. Some 50% of those surveyed believe now is the best time to buy bitcoin. According to the findings, “half of the panellists (50%) thinks now is the time to buy, with a little under a third (32%) suggesting holding.” Only 18% say now is the best time to sell. Read More...



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