Bitcoin Price Could Skyrocket to $280,000 Within 3 Years, But Short-Term Plunge Feared

A forecast suggests Bitcoin could rise to $280,000 (approximately 380 million Korean won) within three years.

This projection is preceded by the possibility of a more than 35% decline. Complex macro-economic headwinds have been cited as potential causes for this short-term price drop, including a decline in the S&P 500 index, sustained high oil prices exceeding $110 per barrel, and the potential entry of some G7 nations into technical recessions. Furthermore, financial market volatility is anticipated during the confirmation process of a nominee designated by President Donald Trump to chair the Federal Reserve.

Price recovery is expected to begin in 2027, with a confirmed bottom in the first quarter of that year, followed by a significant price increase by the fourth quarter.