Bitcoin hits a new ATH at $62.6k, predictions see it go up to $400k by 2022

By: Konstantin Anissimov
Konstantin Anissimov
Konstantin’s responsibilities at CEX.IO include customer relationships with institutional and VIP clients, overseeing the creation of the company’s development strategy, new… read more.
on Apr 13, 2021
  • Bitcoin price has exploded once again, hitting a new ATH at $62,630 today, April 13th.
  • The headlines have exploded with positive development regarding the coin from all over the world.
  • The bull run seems to have started anew, and recent forecasts predict BTC hitting $400k by next year.

Bloomberg expects Bitcoin to hit $400,000

Over the years, Bitcoin has received some rather optimistic predictions, with some self-proclaimed experts claiming that the coin could hit half a million. While such claims were taken with a grain of salt at the time, they are considered a lot more seriously these days, particularly since one similar prediction — that BTC would hit $400,000 by 2022 — came from Bloomberg itself.

Bitcoin’s new price surge may have also been caused by a variety of other news. For example, India moved to ban BTC recently, only to run into an unmovable obstacle made out of the local crypto enthusiasts. 

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Bitcoin mining might also go green soon, based on the recent agreement signed by Neptune Digital Assets and Link Global Technologies.

Microstrategy — a company that invested millions into BTC on behalf of its clients — now also plans to start using BTC to pay its directors. BTC is also seeing increased use in Turkey, which continues to struggle economically.

BTC hits a new ATH of $62,630

At the time of writing, April 13th, Bitcoin price saw a small surge with massive results, as it just hit a new all-time high of $62,630, according to CEX.IO. The coin continues to move the boundaries, and there is no telling how high it could reach by the end of the day.

Earlier, I predicted a price of $80,000 by the end of Q2, and so far, it appears that BTC is indeed heading towards that goal.

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