According to the most recent survey of experts in fintech, Bitcoin should recover its value and reach $65,185 by this year.

Comparison platform Finder carried out a survey in April that measured the price prediction among 35 industry insiders.

According to reports, Bitcoin will rise above $65K in the final year of the year according to fintech professionals, but their estimates are still 15% below the January $76K estimate.

The more pessimistic expectations are largely related to Bitcoin’s reliance on fossil fuels, which could potentially hold BTC’s price back if the new bans on Bitcoin mining intensify. Despite that, more than a half of the survey’s respondents believe that factors such as broader institutional adoption, global regulations, and countries making Bitcoin their legal tender will have a positive impact on Bitcoin’s price growth.

There is seemingly no question among fintech industry experts of Bitcoin’s place as a store of value, which could be used against fiat currency fluctuations, with 61% of the respondents seeing Bitcoin as a better store of value than gold.

Nearly two-thirds (63%) of the respondents think that it’s the right time for bitcoin to be bought, while only 9 percent of experts believe this is the appropriate time to trade the most popular crypto. Further 24% said that it was the best time to own bitcoin.

The survey’s respondents forecast that Bitcoin will surpass $179K in the three-year perspective, and claim that holding Bitcoin until 2030 is likely to generate the “real pay off”.

Experts expect crypto’s dominant cryptocurrency to reach $420K by the end this decade. This is slightly higher (3.4%) than what was expected for the Bitcoin price in 2030 at $406K.

Half of respondents think that Bitcoin could be outright replaced in the future by more sophisticated blockchains. A third of the survey respondents predicted that Bitcoin would remain the most popular cryptocurrency. Another 12% said that it was uncertain whether Bitcoin would be replaced.

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