As of December 2022, the following is the average Bitcoin price forecast provided by the industry's top ten analysts.

At $68,789 a coin on November 10, 2021, Bitcoin (BTC), the world's most popular cryptocurrency, set a new record high.

It has been a roller coaster ride for Bitcoin since then, with the Fear & Greed Index displaying an alarmingly high level of doubt and uncertainty.

Given the currency's history of volatility, Bitcoin's price has fluctuated between $35,000 and $45,000 since January 5. Therefore, this might be a sign that the main digital asset is finally beginning to stabilize.

It's reasonable to say that many industry insiders are already making predictions about where the price of Bitcoin will be by year's end in 2022, given today's geopolitical scenario, increasing inflation, interest rate increases, and rising energy costs.

At the end of 2022, what will the value of Bitcoin have been at the time If we take a look at the top experts' selections in light of the current market conditions, we'll be able to better anticipate its final price.

According to Bloomberg's experts (Bullish)

In spite of the year's big drop, according to a research released by Bloomberg on February 6, 2022, Bitcoin's price is primed for additional increase.

Moving demand and supply figures will have an influence on Bitcoin's anticipated price surge, according to the Bloomberg Intelligence: Crypto Outlook research.

$100,000 may be the next major Bitcoin level. This means that range traders used to $30,000-$60,000 may be disappointed," according to the study.

The price of a good or service will rise as demand increases and supply decreases, according to the laws of economics. Remarking on the possibility that Bitcoin may rise again once the $60,000 resistance level matures and a bottom is formed around $30,000

Invesco is a mutual fund company (Bearish)

It has been predicted that Bitcoin would fall below $30,000 in 2022 owing to a decrease in interest from investors.

When it comes to 2021, and Bitcoin's heightened volatility, the investment giant says that the projected bubble bust would be similar to the crash of 1929, it also says that the present mass marketing of the asset is losing momentum.

Another two-year deflation period is suggested by the blueprint. As a result, Invesco believes that Bitcoin might fall below $30,000 this year (with the caveat that we've been incorrect previously and that it appears to be going through a series of bubbles)."

Hong Fang, CEO of OKCoin (Bullish)

OKCoin CEO Hong Fang has stated that Bitcoin's $100,000 price target is still in play, despite the fact that the cryptocurrency's price is very volatile.

Bitcoin, according to Fang, is on track to hit the $20,000 level if fundamentals remain stable. Due to developments involving leveraged products and derivatives, she also forecasted that the asset will see short-term volatility.

In the long run, I still feel that the price of $100,000 is acceptable, but timing is difficult since we are subject to market forces. <…> It's possible that the price may rise as high as $100,000 before long, but I don't see that happening anytime soon," said Fang.

the U.S. Global Investors (Bullish)

Gold's value may rise in 2022, but CEO Frank Holmes of investment firm U.S. Global Investors believes that despite this, Bitcoin will overtake gold in popularity among millennials in the coming years.

While other asset classes are expected to underperform in 2021, the CEO believes that Bitcoin is in a solid position to surpass $100,000 in value.

It is this generation's involvement in Bitcoin that Holmes believes will make it the world's most valuable repository of wealth. According to him, gold has been supplanted by Bitcoin as the preferred form of wealth storage among millennials in the United States.

There are "two easy reasons" why Nexo founder Antoni Trenchev (Bullish) believes Bitcoin's value will more than double from its current levels by the middle of the year, he said in an interview.

"Bitcoin has my full confidence. He predicted that the number will top 100,000 by the middle of the year.

"There are two reasons why I believe that Bitcoin will hit $100,000 by the middle of 2022," Trenchev explained.

Institutional adoptions are still going strong, with corporations building up their Bitcoin reserves." There will always be a need for a hedge against inflation and gold 2.0, which is why I believe that macroeconomic realities and low-cost money are here to stay.

Analyst at Crypto Traders, Michal van de Poppe (Bullish)

Cryptocurrency researcher Michal van de Poppe predicts that Bitcoin will repeat history in 2022 and continue to run in the second quarter of 2022.

Analysts anticipated the following for 2021 already.

Predicted peak highs in bull cycles still hold true. Not this year, but in the years 2022/2023, we expect to see the best results. $350,000 to $450,000" for a bitcoin.

Token Metrics founder Ian Balina (Bullish)

A rise in Bitcoin's value to $100,000-$150,000 is possible in the near future, according to Balina, although the exact schedule is not yet known As additional cryptocurrencies are introduced and the metaverse becomes more popular, the expert predicted that demand for cryptocurrencies would continue to rise, resulting in a resurgence for Bitcoin.

A technical analyst named Matthew Hyland (Bullish)

In 2022, according to the technical analyst, Bitcoin might hit $100,000. In a tweet, Hyland remarked that the supply of Bitcoin is continuing to leave key exchanges (probably to be held in offline crypto wallets.)

Plan B, Technical analyst (Bullish)

In a recent tweet, technical analyst Plan B predicted that Bitcoin, the world's most popular digital currency, will reach a value of $100,000 by the year 2023.

One hundred thousand dollars in 2023 is based on S2F and logarithmic regression.

A Commodity Strategist named Mike McGlone (Bullish)

For Mike McGlone, inflation might be replaced by deflation in 2022, resulting in Bitcoin's price rising to $100,000. - Bloomberg's Senior Commodity Strategist – believes that both Bitcoin and gold will be lucrative in 2022, and that Bitcoin will hit $100,000 in value.

When McGlone tweeted:

"$100,000 in #Bitcoin, $50 in #Oil, $2,000 in #Gold?!" In 5 Charts – 2022 Outlook – Risks of deflationary pressures returning in 2022 might have beneficial effects for Bitcoin and gold as commodities peak and the yield on the long-term Treasury bond declines."

The price of gold has already surpassed $2,000 an ounce, while the price of oil has more than quadrupled this year to more than $100 a barrel.

Thus, Bitcoin is presently trading at $41,662, up 2.65 percent in the past 24 hours and 6.28 percent over the last week; whether BTC can surpass $100,000 today only time will tell, but there is a long way of trading till December to go.

An overview of the Bitcoin price forecast for December 2022

The average price forecast for Bitcoin at the end of December 2022 is $118,000, according to the experts. According to industry analysts and other experts, the price should be at least $100,000.

By picking the lowest price estimate from a range offered by the experts, we were able to determine our results for these experts. As a result, the average price of Bitcoin might have been much higher if we had selected the highest of their price estimates.

** Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of USA GAG nor its advertisers. The author will not be held responsible for information that is found at the end of links posted on this page.

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