די פּרייַז פון ביטקאָין (בטק) has increased significantly since its inception almost a decade ago, hitting several highs and lows having recorded its last all-time high of November 2021 at almost $69,000.
Bitcoin proponents maintain that the asset is on the trajectory of becoming the ultimate store of value and a hedge against inflation. Consequently, Bitcoin’s future price prediction is among the most followed topics in the קריפּטאָ circles, considering that the asset generally influences the entire market.
Notably, the market has undergone extended volatility in 2022, resulting in BTC losing its value by almost 70% from it’s all-time high of 2021.
However, before delving into the Bitcoin price prediction for 2030, below are some factors פינבאָלד has noted that will likely to influence the price.
ביטקאָין כאַווינג
The halving event induces inflation in the Bitcoin network by lowering the number of BTC in circulation and increasing demand for the crypto. The event marks a drop in the rate of new Bitcoins produced as it approaches its finite supply of 21 million BTC. With the diminishing supply, Bitcoin’s inflation rate is expected to also reduce. Estimates indicate that by December 2030, the inflation rate will stand at 0.39%.
Source: https://finbold.com/bitcoins-price-prediction-for-2030-what-to-expect/