The Bitcoin price has hit a new all-time high, crossing the $70,000 mark more than 2 years after it was expected to do so. Aside from the Exchange Traded Funds (ETF) whose emergence is a major factor fueling the increasing price, enthusiasts expect that the forthcoming Bitcoin halving would lead Bitcoin price to its ultimate climax. The reasons for the Bitcoin price crash of 2022 are obvious. Why experts believe Bitcoin price would crashAs Bitcoin continues on its bullish path to the excitement of investors, sceptics are still very cautious about it. CEO of ARK Investment Management, Cathie Wood, predicted that Bitcoin price would hit $1.5 million by 2030.