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Bitcoin remains the world's largest cryptocurrency, used by millions of people globally as a way to make payments or as an investment vehicle. Although Bitcoin has had a challenging time of late, its first-mover status means it'll likely stay at the top of the pile for years to come.
This article presents our in-depth Bitcoin price prediction, diving into the coin's price history and making several forecasts for the future. We'll also explore where investors can buy Bitcoin today before highlighting an alternative project that could rival BTC in the coming years.
Throughout this article, we'll explore our BTC price prediction in detail, highlighting our price estimates for the coin over the coming years. For now though, presented below is a brief overview of these estimates:
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More people than ever are considering whether to buy Bitcoin in the hope of generating a solid return, which is becoming hard to do in today’s harsh economic environment. However, like most crypto-assets, Bitcoin has been negatively affected by rising interest rates and the prevailing ‘risk-off’ nature, leading many investors to liquidate their holdings in search of ‘safer’ assets.
To explain the coin’s current situation, it's best to look back at the Bitcoin price history. For those unaware, Bitcoin was created as a result of a paper authored by the mysterious Satoshi Nakamoto. This paper, titled 'Bitcoin: A Peer-to-Peer Electronic Cash System', was published in October 2008, with BTC's source code released a few months later.
The first BTC transaction occurred in
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