Bitcoin, Bitcoin⌠Is there anything new to say about this cryptocurrency at this point? Even people who have zero interest in the industry have heard its name. As the number one cryptocurrency, it enjoys unimaginably high prices (up to $60K), a lot of attention, and, of course, much scrutiny.
Bitcoin, alongside the rest of the cryptocurrency market, is known for its ability to overcome any challenges and have strong comebacks despite everyone writing it off. Various financial experts have been predicting that the Bitcoin bubble will pop âin the near futureâ every month without fail for the past eight or so years. And yet, the coin still remains on top, and BTC investors enjoy high profits, patiently waiting for yet another meteoric BTC price rise.
However, the crypto industry is rapidly changing, and some crypto enthusiasts are starting to doubt whether Bitcoin is still worth investing in.
Please note that this is our long-term Bitcoin price prediction. This article does not constitute financial advice, and we are not investment advisors.
Bullish
Bullish 81%
Bearish 19%
$
Bitcoin
BTC
Date Sold
Calculate ROI%
Profit calculation please wait...
According to the latest data gathered, the current price of Bitcoin is $$47,318.91, and BTC is presently ranked No. 1 in the entire crypto ecosystem. The circulation supply of Bitcoin is $928,585,740,798.38, with a market cap of 19,623,987 BTC.
In the past 24 hours, the crypto has increased by $80.44 in its current value.
For the last 7 days, BTC has been in a good upward trend, thus increasing by 9.74%. Bitcoin has shown very strong potential lately, and this could be a good opportunity to dig right in and invest.
During the last month, the price of BTC has increased by 0.93%, adding a colossal average amount of $440.07 to its current value. This sudden growth means that the coin can become a solid asset now if it continues to grow.
According to the technical analysis of Bitcoin prices expected in 2024, the minimum cost of Bitcoin will be $$31,895.55. The maximum level that the BTC price can reach is $$40,124.28. The average trading price is expected around $$48,353.
Potential ROI: -15.1%
Based on the price fluctuations of Bitcoin at the beginning of 2023, crypto experts expect the average BTC rate of $$43,933.50 in February 2024. Its minimum and maximum prices can be expected at $$39,514 and at $$48,353, respectively.
Potential ROI: 2.3%
Cryptocurrency experts are ready to announce their forecast for the BTC price in March 2024. The minimum trading cost might be $$32,214, while the maximum might reach $$43,849.51 during this month. On average, it is expected that the value of Bitcoin might be around $$38,031.76.
Potential ROI: -7.2%
Crypto analysts have checked the price fluctuations of Bitcoin in 2023 and in previous years, so the average BTC rate they predict might be around $$43,038.96 in April 2024. It can drop to $$39,869.26 as a minimum. The maximum value might be $$46,208.65.
Potential ROI: -2.2%
In the middle of the year 2023, the BTC price will be traded at $$42,770.81 on average. May 2024 might also witness an increase in the Bitcoin value to $$44,845.51. It is assumed that the price will not drop lower than $$40,696.11 in May 2024.
Potential ROI: -5.1%
Crypto experts have analyzed Bitcoin prices in 2023, so they are ready to provide their estimated trading average for June 2024 â $$37,773.26. The lowest and peak BTC rates might be $$32,270.64 and $$43,275.88.
Potential ROI: -8.4%
Crypto analysts expect that at the end of summer 2023, the BTC price will be around $$32,696.96. In July 2024, the Bitcoin cost may drop to a minimum of $$31,895.55. The expected peak value might be $$33,498.37 in July 2024.
Potential ROI: -29.1%
Having analyzed Bitcoin prices, cryptocurrency experts expect that the BTC rate might reach a maximum of $$34,870.58 in August 2024. It might, however, drop to $$33,083.99. For August 2024, the forecasted average of Bitcoin is nearly $$33,977.29.
Potential ROI: -26.2%
In the middle of autumn 2023, the Bitcoin cost will be traded at the average level of $$34,267.95. Crypto analysts expect that in September 2024, the BTC price might fluctuate between $$32,986.51 and $$35,549.39.
Potential ROI: -24.8%
Market experts expect that in October 2024, the Bitcoin value will not drop below a minimum of $$32,885.18. The maximum peak expected this month is $$36,917.76. The estimated average trading value will be at the level of $$34,901.47.
Potential ROI: -21.9%
Cryptocurrency experts have carefully analyzed the range of BTC prices throughout 2023. For November 2024, their forecast is the following: the maximum trading value of Bitcoin will be around $$36,453.77, with a possibility of dropping to a minimum of $$33,161.50. In November 2024, the average cost will be $$34,807.64.
Potential ROI: -22.9%
Market analysts predict that Bitcoin will not fall below $$32,961.47 in December 2024, with a chance of peaking at $$36,811.40 in the same month. The average trading value is expected to be $$34,886.44.
Potential ROI: -22.1%
After the analysis of the prices of Bitcoin in previous years, it is assumed that in 2025, the minimum price of Bitcoin will be around $$82,956.83. The maximum expected BTC price may be around $$102,130.47. On average, the trading price might be $$85,400.90 in 2025.
Potential ROI: 116.1%
Based on the technical analysis by cryptocurrency experts regarding the prices of Bitcoin, in 2026, BTC is expected to have the following minimum and maximum prices: about $$118,276.60 and $$144,416.06, respectively. The average expected trading cost is $$121,692.63.
Potential ROI: 205.6%
The experts in the field of cryptocurrency have analyzed the prices of Bitcoin and their fluctuations during the previous years. It is assumed that in 2027, the minimum BTC price might drop to $$174,189.11, while its maximum can reach $$206,065.02. On average, the trading cost will be around $$180,273.74.
Potential ROI: 336%
Based on the analysis of the costs of Bitcoin by crypto experts, the following maximum and minimum BTC prices are expected in 2028: $$308,025.45 and $$255,448.51. On average, it will be traded at $$264,462.20.
Potential ROI: 551.8%
Crypto experts are constantly analyzing the fluctuations of Bitcoin. Based on their predictions, the estimated average BTC price will be around $$388,003.53. It might drop to a minimum of $$377,425.04, but it still might reach $$451,353.02 throughout 2029.
Potential ROI: 855%
Every year, cryptocurrency experts prepare forecasts for the price of Bitcoin. It is estimated that BTC will be traded between $$542,788.80 and $$653,779.78 in 2030. Its average cost is expected at around $$558,308.93 during the year.
Potential ROI: 1283.3%
Cryptocurrency analysts are ready to announce their estimations of the Bitcoinâs price. The year 2031 will be determined by the maximum BTC price of $$961,526.71. However, its rate might drop to around $$760,001.26. So, the expected average trading price is $$787,916.71.
Potential ROI: 1934.5%
After years of analysis of the Bitcoin price, crypto experts are ready to provide their BTC cost estimation for 2032. It will be traded for at least $$1,116,589.65, with the possible maximum peaks at $$1,340,327.92. Therefore, on average, you can expect the BTC price to be around $$1,155,985.49 in 2032.
Potential ROI: 2736%
Cryptocurrency analysts are ready to announce their estimations of the Bitcoinâs price. The year 2033 will be determined by the maximum BTC price of $$1,967,427.47. However, its rate might drop to around $$1,633,289.16. So, the expected average trading price is $$1,679,528.58.
Potential ROI: 4062.9%
According to the technical analysis of Bitcoin prices expected in 2040, the minimum cost of Bitcoin will be $$2,485,702.30. The maximum level that the BTC price can reach is $$2,855,198.59. The average trading price is expected around $$2,653,655.16.
Potential ROI: 5941.4%
After the analysis of the prices of Bitcoin in previous years, it is assumed that in 2050, the minimum price of Bitcoin will be around $$3,224,694.88. The maximum expected BTC price may be around $$3,560,600.59. On average, the trading price might be $$3,359,057.17 in 2050.
Potential ROI: 7433.9%
According to the latest data gathered, the current price of Bitcoin is $$47,356.49, and BTC is presently ranked No. 1 in the entire crypto ecosystem. The circulation supply of Bitcoin is $929,323,155,797.27, with a market cap of 19,623,987 BTC.
In the past 24 hours, the crypto has increased by $213.10 in its current value.
For the last 7 days, BTC has been in a good upward trend, thus increasing by 9.82%. Bitcoin has shown very strong potential lately, and this could be a good opportunity to dig right in and invest.
During the last month, the price of BTC has increased by 1.38%, adding a colossal average amount of $653.52 to its current value. This sudden growth means that the coin can become a solid asset now if it continues to grow.
Bitcoin is the first cryptocurrency that was created back in 2009. It is a decentralized digital currency that uses blockchain technology to facilitate trustless peer-to-peer transactions. BTC has the proof-of-work consensus mechanism, which means it relies on Bitcoin miners to secure its network.
In recent years, Bitcoin has been one of the most popular assets for investment: not only can it be extremely profitable due to the high volatility of the cryptocurrency market, but it is also very easy to invest in. All one needs to get Bitcoin is an Internet connection.
There are a lot of different factors that can affect the price of Bitcoin. Unlike most altcoins, its price movements do not depend as heavily on the rest of the crypto market and usually ends up being the one to set the trend. However, BTC is still responsive to the general factors that affect all markets like rising interest rates or huge crypto news, especially ones that either concern the industry as a whole or other big coins like Ethereum or Shiba Inu.
Bitcoinâs price also gets affected by non-crypto news â a great example of that would be its price action in the spring of 2020. Thatâs why you should keep an eye on stock forecasts if you want to have a better understanding of the current Bitcoin price. Another news sector that those who invested in Bitcoin or are planning to do so should look out for is ecology.
Just like any other asset, Bitcoin gets affected by news related to it, be it about Bitcoin itself, crypto exchanges, or blockchain technology. Crypto prices usually go up when there is a piece of news related to mass adoption, new technological breakthroughs, and so on. On the other hand, any uncertainty can cause its value to plummet.
The events that affected the value of Bitcoin between Sep 2020 â Apr 2021
Source: zipmex.com
Bitcoinâs price history is known to most crypto enthusiasts. From being ultimately nearly worthless, this coin has grown to become one of the biggest assets in the world. At its height, Bitcoinâs market cap was even higher than that of several established businesses.
Letâs take a brief look at the Bitcoin price chart.
Upon looking at this chart, one thing that immediately becomes apparent is that Bitcoinâs price cycles keep on shortening. Additionally, despite the coin regularly losing value, the average value of Bitcoin keeps increasing. This shows a positive trend for the future.
âWill Bitcoin go back up?â is an evergreen question in the crypto market. The truth is, no matter how hard we study BTC price history and trends, we would not be able to predict this accurately. However, we can still consider these factors as well as todayâs Bitcoin news to make a tentative prediction.
Bitcoinâs crypto market cap is still the highest in the industry, and it still has the most recognition. Its circulating supply is slowly approaching its total supply but thereâs still a long way to go till we reach a point where there will be no new Bitcoins released.
Overall, Bitcoin price history shows us that thereâs still room for this asset to grow even if there is a bear market.
Please note that this does not constitute investment advice.
The future trajectory of Bitcoinâs price, influenced by various macroeconomic factors and key events, is a subject of widespread interest in the cryptocurrency industry.
The anticipated reduction in interest rates by the US Federal Reserve is expected to ease pressure on the cryptocurrency market, potentially fostering widespread adoption of Bitcoin. Additionally, prospective legislation in the US aiming for clearer crypto investment regulations might reduce investor uncertainty. This, coupled with Bitcoinâs current status as a regulated commodity in the US, could encourage institutional adoption, attracting new investors to the cryptocurrency.
Another significant event is the Bitcoin block reward halving scheduled for 2024, historically associated with a surge in Bitcoinâs price and indicative of bullish momentum. This event is eagerly awaited, as it has previously signaled the start of a bullish market trend. Bitcoinâs robust performance, highlighted by a record-breaking transaction volume and a strong hash rate, has further reinforced investor confidence and positively impacted its market value.
Despite these positive developments, the long-term viability of the crypto market faces scrutiny. The increasing introduction of crypto-related products and services contrasts with the skepticism of experts, driven by stringent global regulations and public apprehension about new technologies, often attributed to misunderstanding or fear.
Bitcoin is a digital currency, straightforward and unambiguous in its essence. However, its slow adaptability and reliance on an environmentally unfriendly proof-of-work (PoW) consensus algorithm could challenge its attractiveness as an investment compared to more diverse cryptocurrency ecosystems.
In light of these dynamics, the question remains: Can Bitcoin recover and reclaim its previous highs? Its history of resilience suggests the potential for rebound. All that said, we stand with the analysts who believe in the nearing rise of BTC. Now, letâs take a look at what numbers BTC is predicted to hit in a short time.
The approval of the Bitcoin exchange-traded fund (ETF) marks an important milestone in mainstreaming Bitcoin investments, potentially expanding its investor base, especially among institutions. Despite Bitcoin trading below $45,000 post-approval, investor sentiment is generally bullish, suggesting an optimistic outlook for future price increases.
Anthony Scaramucci of SkyBridge Capital predicts a $100,000 peak within a year, drawing parallels to the 2004 spot gold ETF approval and highlighting the historical price action of such assets. Technopedia forecasts a high of $98,000 in 2024, with an early low of around $21,500 and an average of $65,000, indicating potential price appreciation.
MicroStrategyâs Michael Saylor anticipates a âsupply shockâ from the Bitcoin halving, reducing miner-available BTC, which could fuel bullish price action. Tim Draper of Draper Associates speculates about a rise to $250,000 by July. Figures like Marshall Beard of Gemini and Paolo Ardoino of Tether expect a retest of the $69,000 high.
Tom Lee of Fundstrat Global Advisors sees a potential rise to $150,000 short-term, with long-term potential at $500,000, influenced by changing monetary policy and market dynamics. Ark Investâs Cathie Wood has an even more ambitious projection of $600,000 in her base case and $1.5 million by 2030 in her bull case, reflecting a strong belief in Bitcoinâs potential for much growth.
Digital Coin Price predicts a gradual increase to nearly $140K in three years, with an average price of $90,733 in 2024, $99,421.76 in 2025, and $153,537.15 in 2026.
However, more conservative forecasts, like Wallet Investor, suggest a potential drop to $10,000, demonstrating the diversity of opinions in the market.
These bullish predictions are underpinned by Bitcoinâs finite supply and independence from external economic factors. Its growing acceptance and technological advancements, despite the evolving regulatory landscapes, bolster its investment appeal.
At the time of writing, the cryptocurrency industry largely maintains a positive view on Bitcoin, making it challenging to find notable bearish projections. However, two primary concerns could negatively influence Bitcoinâs price.
Firstly, Bitcoinâs substantial energy consumption continues to draw criticism, posing a potential threat to its market value. Secondly, the evolving regulatory landscape, particularly concerning anti-money laundering (AML) and Know Your Customer (KYC) laws, presents significant challenges that trouble investors.
If Bitcoinâs price crashes, then the values of other cryptocurrencies are likely to follow suit.
No matter if itâs in a down- or uptrend, Bitcoin is almost always predicted to keep rising in the future. So, it can be a good investment. However, please DYOR and carefully consider the risks before investing in BTC or any other cryptocurrency.
Our Bitcoin price prediction is rather conservative and does not take into account any random media hype or unexpected regulations that may happen in the near future â these factors are too unpredictable. However, if youâre considering investing in Bitcoin, you need to make sure youâre ready for its price to fluctuate wildly.
Bitcoin is less risky than other cryptocurrencies, but it is still fairly unstable and unpredictable in comparison to traditional investment avenues like the stock market.
Compared to cryptocurrencies, fiat currencies are a comparatively low-risk investment, especially ones like the US dollar. However, they can still definitely be considered risky assets.
Institutional investors have tentatively started putting their trust in Bitcoin and other cryptocurrencies. Nevertheless, digital assets definitely do not have the same relevancy as fiat money like the euro or the US dollar â at least, not yet.
Bitcoin is a higher risk, higher reward investment alternative to fiat money and other asset classes that gains additional value if you believe in its worth as a currency of the future.
History shows that itâs never too late to buy Bitcoin. The Bitcoin price today is still lower than its ATH, which means it may rise and go for a full-scale bull run again in the future.
Crypto Price Alerts
Get daily alerts on price changes of the top 10 cryptocurrencies.
Please enable JavaScript in your browser to complete this form.
Email *
Subscribe
The forecast for Bitcoin price is quite positive. It is expected that BTC price might meet a bull trend in the nearest future. We kindly remind you to always do your own research before investing in any asset.
In a five-year plan perspective, the cryptocurrency could probably rise up to $143,779.60. Due to price fluctuations on the market, please always do your research before investing money in any project, network, asset, etc.
BTC minimum and maximum prices might hit $33,016.25 and $39,784.65 accordingly.
The Bitcoin network is developing rapidly. BTC price forecast for 2025 is rather positive. The BTC average price is expected to reach minimum and maximum prices of $67,625.22 and $83,868.30 respectively.
BTC is provided with suitable environment to reach new heights in terms of price. BTC price prediction is quite positive. Business analysts predict that BTC might reach the maximum price of $505,014.84 by 2030.
Considering the fact that Bitcoinâs price has already doubled its value several times in the past, it is possible. However, it would require another market-wide price surge and at least one trip to the moon.
It is possible. After all, the cryptocurrency market is incredibly volatile, and the question of crypto regulation remains uncertain.
Whether Bitcoin is a good investment or not depends on your portfolio and risk appetite. It is still going strong, and despite all the online doomposting coming from various stock market experts, the crypto market âbubbleâ still hasnât popped. If it fits into your portfolio, and you believe in it as an asset, Bitcoin can indeed be a good investment in 2023.
In 10 years, Bitcoin can reach $100K or even hit $200K. As long as there are no threats to it in terms of competition and regulation, its finite supply and growing popularity should ensure that it keeps on reaching new price highs.
The simple answer to this question is âbecause it was designed that way.â Well, but why canât this limit be extended? Among other things, BTCâs finite supply acts as a deflationary measure and is one of the reasons why Bitcoinâs price is as high as it is. As for why this exact figure was chosen, there are a few theories about it. One states that itâs because the total value of all physical money in the world when BTC was developed was equal to $21 trillion. As a result, if Bitcoin had been then to completely replace fiat, 1 BTC would have been worth $1M, and one satoshi â $0.01.
Bitcoin is a relatively safe investment compared to other cryptocurrencies. However, it is still a high-risk, high-reward type of asset and should not be seen as a reliable long-term store of value.
Bitcoin hasnât been able to reach its previous highs lately, but it might be slowly starting to bounce back.
Disclaimer: Please note that the contents of this article are not financial or investing advice. The information provided in this article is the authorâs opinion only and should not be considered as offering trading or investing recommendations. We do not make any warranties about the completeness, reliability and accuracy of this information. The cryptocurrency market suffers from high volatility and occasional arbitrary movements. Any investor, trader, or regular crypto users should research multiple viewpoints and be familiar with all local regulations before committing to an investment.
The post Bitcoin (BTC) Price Prediction 2024-2040 appeared first on Cryptocurrency News & Trading Tips â Crypto Blog by Changelly.
Bitcoin, alongside the rest of the cryptocurrency market, is known for its ability to overcome any challenges and have strong comebacks despite everyone writing it off. Various financial experts have been predicting that the Bitcoin bubble will pop âin the near futureâ every month without fail for the past eight or so years. And yet, the coin still remains on top, and BTC investors enjoy high profits, patiently waiting for yet another meteoric BTC price rise.
However, the crypto industry is rapidly changing, and some crypto enthusiasts are starting to doubt whether Bitcoin is still worth investing in.
Please note that this is our long-term Bitcoin price prediction. This article does not constitute financial advice, and we are not investment advisors.
Bitcoin Overview
| Bitcoin Price | $47,694.6 |
| Bitcoin Price Change 24h | -0.27% |
| Bitcoin Price Change 7d | 9.75% |
| Bitcoin Market cap | $927,121,719,413.48 |
| Bitcoin Circulating Supply | 19,623,887 BTC |
| Bitcoin Trading Volume | $28,191,751,044.69 |
| Bitcoin All time high | $68,789.63 |
| Bitcoin All time low | $0.05 |
| Bitcoin Price Prediction 7d | $46,452 (-2.82) |
| Bitcoin Fear-Greed Index | 74 (Greed) |
| Bitcoin Sentiment | Bullish |
| Bitcoin Volatility | 3.87% |
| Bitcoin Green Days | 16/30 (53%) |
| Bitcoin 50-Day SMA | $42,556 |
| Bitcoin 200-Day SMA | $34,755 |
| Bitcoin 14-Day RSI | 70.88 |
- Our real-time BTC to USD price update shows the current Bitcoin price as $47,694.6 USD.
- Our most recent Bitcoin price forecast indicates that its value will increase by -0.83% and reach $47,403 by February 12, 2024.
- Our analysis of the technical indicators suggests that the current market feeling is Bullish Bearish 19%, with a Fear & Greed Index score of 74 (Greed).
- Over the last 30 days, Bitcoin has had 16/30 (53%) green days and 3.87% price volatility.
Bitcoin (BTC) Technical Overview
When discussing future trading opportunities of digital assets, it is essential to pay attention to market sentiments.Bullish
Bullish 81%
Bearish 19%
Bitcoin Profit Calculator
Amount Invested$
Bitcoin
BTC
All Currencies- Bitcoin
BTC
- Ethereum
ETH
- BNB
BNB
- XRP
XRP
- Cardano
ADA
- Dogecoin
DOGE
- Solana
SOL
- Polkadot
DOT
- TRON
TRX
- Litecoin
LTC
- Shiba Inu
SHIB
- Avalanche
AVAX
- Chainlink
LINK
- UNUS SED LEO
LEO
- Cosmos
ATOM
- Uniswap
UNI
- Monero
XMR
- OKB
OKB
- Ethereum Classic
ETC
- Toncoin
TON
- Stellar
XLM
- Kaspa
KAS
- Internet Computer
ICP
- Bitcoin Cash
BCH
- Filecoin
FIL
- Cronos
CRO
- Lido DAO
LDO
- NEAR Protocol
NEAR
- Mantle
MNT
- Algorand
ALGO
- Injective
INJ
- The Graph
GRT
- EOS
EOS
- The Sandbox
SAND
- Render
RNDR
- Rocket Pool
RPL
- BitDAO
BIT
- Stacks
STX
- Decentraland
MANA
- Tezos
XTZ
- Chiliz
CHZ
- Synthetix
SNX
- Bitcoin SV
BSV
- Neo
NEO
- Pepe
PEPE
- Klaytn
KLAY
- PAX Gold
PAXG
- Zcash
ZEC
- Bonk
BONK
- GMX
GMX
- XDC Network
XDC
- Terra Classic
LUNC
- Beam
BEAM
- Optimism
OP
- eCash
XEC
- Conflux
CFX
- IOTA
MIOTA
- Huobi Token
HT
- Dash
DASH
- Frax Share
FXS
- Dymension
DYM
- Kava
KAVA
- Loopring
LRC
- Zilliqa
ZIL
- Oasis Network
ROSE
- PancakeSwap
CAKE
- Nexo
NEXO
- dYdX (ethDYDX)
ETHDYDX
- Convex Finance
CVX
- Enjin Coin
ENJ
- Gas
GAS
- Flare
FLR
- Astar
ASTR
- Basic Attention Token
BAT
- Osmosis
OSMO
- ORDI
ORDI
- Manta Network
MANTA
- NEM
XEM
- Akash Network
AKT
- Tether Gold
XAUt
- Holo
HOT
- Core
CORE
- Altlayer
ALT
- Compound
COMP
- Threshold
T
- SingularityNET
AGIX
- Ravencoin
RVN
- Decred
DCR
- SKALE
SKL
- ICON
ICX
- Bitcoin Gold
BTG
- UMA
UMA
- IoTeX
IOTX
- MX TOKEN
MX
- Harmony
ONE
- Gala
GALA
- Decentralized Social
DESO
- Helium
HNT
- Siacoin
SC
- 0x Protocol
ZRX
- Pendle
PENDLE
- Ontology
ONT
- Waves
WAVES
- Mask Network
MASK
- Reserve Rights
RSR
- Ethereum Name Service
ENS
- OriginTrail
TRAC
- Alchemy Pay
ACH
- Biconomy
BICO
- JOE
JOE
- Amp
AMP
- Storj
STORJ
- Aragon
ANT
- DigiByte
DGB
- DAO Maker
DAO
- Livepeer
LPT
- Dogelon Mars
ELON
- Balancer
BAL
- Lisk
LSK
- Horizen
ZEN
- Powerledger
POWR
- HEX
HEX
- FTX Token
FTT
- Baby Doge Coin
BabyDoge
- Polymath
POLY
- FINSCHIA
FNSA
- Telcoin
TEL
- Nano
XNO
- Ark
ARK
- Civic
CVC
- Xai
XAI
- LCX
LCX
- Steem
STEEM
- Numeraire
NMR
- Dent
DENT
- Ribbon Finance
RBN
- Radworks
RAD
- Alephium
ALPH
- VeThor Token
VTHO
- Ren
REN
- WINkLink
WIN
- Augur
REP
- Neutron
NTRN
- HELLO Labs
HELLO
- Spell Token
SPELL
- Pirate Chain
ARRR
- SuperVerse
SUPER
- StormX
STMX
- MOBOX
MBOX
- MANTRA
OM
- Origin Protocol
OGN
- Electroneum
ETN
- Komodo
KMD
- Verge
XVG
- MonaCoin
MONA
- Multichain
MULTI
- ChainGPT
CGPT
- Circuits of Value
COVAL
- TABOO TOKEN
TABOO
- Quantstamp
QSP
- Hoge Finance
HOGE
- GoChain
GO
- Crypterium
CRPT
- Energi
NRG
- Bitcoin Standard Hashrate Token
BTCST
- Ariva
ARV
- Gorilla
GORILLA
- Mithril
MITH
- Neblio
NEBL
- KickToken
KICK
- Aion
AION
- Mytheria
MYRA
- XEN Crypto
XEN
- EGO
EGO
- Dmail Network
DMAIL
- Nerd Bot
NERD
- Magic Square
SQR
- Farcana
FAR
- Nosana
NOS
- Forward Protocol
FORWARD
- DragonCoin
DRAGON
- Bull Token
BULL
- Kishu Inu
KISHU
- Jupiter
JUP
- Bombcrypto
BCOIN
- Immutable
DARA
Date Sold
Calculate ROI%
Profit calculation please wait...
Bitcoin (BTC) Price Prediction For Today, Tomorrow and Next 30 Days
| Date | Price | Change |
|---|---|---|
| February 11, 2024 | $48,353 | 1.16% |
| February 12, 2024 | $47,877 | 0.17% |
| February 13, 2024 | $47,403 | -0.83% |
| February 14, 2024 | $46,928 | -1.82% |
| February 15, 2024 | $46,452 | -2.82% |
| February 16, 2024 | $45,977 | -3.81% |
| February 17, 2024 | $45,501 | -4.81% |
| February 18, 2024 | $45,026 | -5.8% |
| February 19, 2024 | $44,550 | -6.8% |
| February 20, 2024 | $44,075 | -7.79% |
| February 21, 2024 | $43,599 | -8.78% |
| February 22, 2024 | $43,124 | -9.78% |
| February 23, 2024 | $42,649 | -10.77% |
| February 24, 2024 | $42,174 | -11.77% |
| February 25, 2024 | $41,699 | -12.76% |
| February 26, 2024 | $41,223 | -13.76% |
| February 27, 2024 | $40,748 | -14.75% |
| February 28, 2024 | $40,178 | -15.94% |
| February 29, 2024 | $39,514 | -17.33% |
| March 01, 2024 | $38,850 | -18.72% |
| March 02, 2024 | $38,187 | -20.11% |
| March 03, 2024 | $37,523 | -21.5% |
| March 04, 2024 | $36,860 | -22.88% |
| March 05, 2024 | $36,196 | -24.27% |
| March 06, 2024 | $35,532 | -25.66% |
| March 07, 2024 | $34,868 | -27.05% |
| March 08, 2024 | $34,204 | -28.44% |
| March 09, 2024 | $33,540 | -29.83% |
| March 10, 2024 | $32,876 | -31.22% |
| March 11, 2024 | $32,214 | -32.6% |
Bitcoin Prediction Table
Bitcoin Historical
According to the latest data gathered, the current price of Bitcoin is $$47,318.91, and BTC is presently ranked No. 1 in the entire crypto ecosystem. The circulation supply of Bitcoin is $928,585,740,798.38, with a market cap of 19,623,987 BTC.
In the past 24 hours, the crypto has increased by $80.44 in its current value.
For the last 7 days, BTC has been in a good upward trend, thus increasing by 9.74%. Bitcoin has shown very strong potential lately, and this could be a good opportunity to dig right in and invest.
During the last month, the price of BTC has increased by 0.93%, adding a colossal average amount of $440.07 to its current value. This sudden growth means that the coin can become a solid asset now if it continues to grow.
Bitcoin Price Prediction 2024
According to the technical analysis of Bitcoin prices expected in 2024, the minimum cost of Bitcoin will be $$31,895.55. The maximum level that the BTC price can reach is $$40,124.28. The average trading price is expected around $$48,353.
Potential ROI: -15.1%
BTC Price Forecast for February 2024
Based on the price fluctuations of Bitcoin at the beginning of 2023, crypto experts expect the average BTC rate of $$43,933.50 in February 2024. Its minimum and maximum prices can be expected at $$39,514 and at $$48,353, respectively.
Potential ROI: 2.3%
March 2024: Bitcoin Price Forecast
Cryptocurrency experts are ready to announce their forecast for the BTC price in March 2024. The minimum trading cost might be $$32,214, while the maximum might reach $$43,849.51 during this month. On average, it is expected that the value of Bitcoin might be around $$38,031.76.
Potential ROI: -7.2%
BTC Price Forecast for April 2024
Crypto analysts have checked the price fluctuations of Bitcoin in 2023 and in previous years, so the average BTC rate they predict might be around $$43,038.96 in April 2024. It can drop to $$39,869.26 as a minimum. The maximum value might be $$46,208.65.
Potential ROI: -2.2%
May 2024: Bitcoin Price Forecast
In the middle of the year 2023, the BTC price will be traded at $$42,770.81 on average. May 2024 might also witness an increase in the Bitcoin value to $$44,845.51. It is assumed that the price will not drop lower than $$40,696.11 in May 2024.
Potential ROI: -5.1%
BTC Price Forecast for June 2024
Crypto experts have analyzed Bitcoin prices in 2023, so they are ready to provide their estimated trading average for June 2024 â $$37,773.26. The lowest and peak BTC rates might be $$32,270.64 and $$43,275.88.
Potential ROI: -8.4%
July 2024: Bitcoin Price Forecast
Crypto analysts expect that at the end of summer 2023, the BTC price will be around $$32,696.96. In July 2024, the Bitcoin cost may drop to a minimum of $$31,895.55. The expected peak value might be $$33,498.37 in July 2024.
Potential ROI: -29.1%
BTC Price Forecast for August 2024
Having analyzed Bitcoin prices, cryptocurrency experts expect that the BTC rate might reach a maximum of $$34,870.58 in August 2024. It might, however, drop to $$33,083.99. For August 2024, the forecasted average of Bitcoin is nearly $$33,977.29.
Potential ROI: -26.2%
September 2024: Bitcoin Price Forecast
In the middle of autumn 2023, the Bitcoin cost will be traded at the average level of $$34,267.95. Crypto analysts expect that in September 2024, the BTC price might fluctuate between $$32,986.51 and $$35,549.39.
Potential ROI: -24.8%
BTC Price Forecast for October 2024
Market experts expect that in October 2024, the Bitcoin value will not drop below a minimum of $$32,885.18. The maximum peak expected this month is $$36,917.76. The estimated average trading value will be at the level of $$34,901.47.
Potential ROI: -21.9%
November 2024: Bitcoin Price Forecast
Cryptocurrency experts have carefully analyzed the range of BTC prices throughout 2023. For November 2024, their forecast is the following: the maximum trading value of Bitcoin will be around $$36,453.77, with a possibility of dropping to a minimum of $$33,161.50. In November 2024, the average cost will be $$34,807.64.
Potential ROI: -22.9%
BTC Price Forecast for December 2024
Market analysts predict that Bitcoin will not fall below $$32,961.47 in December 2024, with a chance of peaking at $$36,811.40 in the same month. The average trading value is expected to be $$34,886.44.
Potential ROI: -22.1%
Bitcoin Price Prediction 2025
After the analysis of the prices of Bitcoin in previous years, it is assumed that in 2025, the minimum price of Bitcoin will be around $$82,956.83. The maximum expected BTC price may be around $$102,130.47. On average, the trading price might be $$85,400.90 in 2025.
| Month | Minimum Price | Average Price | Maximum Price |
|---|---|---|---|
| January 2025 | $36,150.66 | $51,440.33 | $45,291.46 |
| February 2025 | $40,405.76 | $54,527.65 | $50,458.65 |
| March 2025 | $44,660.87 | $57,614.98 | $55,625.83 |
| April 2025 | $48,915.98 | $60,702.30 | $60,793.01 |
| May 2025 | $53,171.08 | $63,789.63 | $65,960.19 |
| June 2025 | $57,426.19 | $66,876.95 | $71,127.38 |
| July 2025 | $61,681.30 | $69,964.28 | $76,294.56 |
| August 2025 | $65,936.40 | $73,051.60 | $81,461.74 |
| September 2025 | $70,191.51 | $76,138.93 | $86,628.92 |
| October 2025 | $74,446.62 | $79,226.25 | $91,796.11 |
| November 2025 | $78,701.72 | $82,313.58 | $96,963.29 |
| December 2025 | $82,956.83 | $85,400.90 | $102,130.47 |
Potential ROI: 116.1%
Bitcoin Price Prediction 2026
Based on the technical analysis by cryptocurrency experts regarding the prices of Bitcoin, in 2026, BTC is expected to have the following minimum and maximum prices: about $$118,276.60 and $$144,416.06, respectively. The average expected trading cost is $$121,692.63.
| Month | Minimum Price | Average Price | Maximum Price |
|---|---|---|---|
| January 2026 | $85,900.14 | $88,425.21 | $105,654.27 |
| February 2026 | $88,843.46 | $91,449.52 | $109,178.07 |
| March 2026 | $91,786.77 | $94,473.83 | $112,701.87 |
| April 2026 | $94,730.09 | $97,498.14 | $116,225.67 |
| May 2026 | $97,673.40 | $100,522.45 | $119,749.47 |
| June 2026 | $100,616.72 | $103,546.77 | $123,273.27 |
| July 2026 | $103,560.03 | $106,571.08 | $126,797.06 |
| August 2026 | $106,503.34 | $109,595.39 | $130,320.86 |
| September 2026 | $109,446.66 | $112,619.70 | $133,844.66 |
| October 2026 | $112,389.97 | $115,644.01 | $137,368.46 |
| November 2026 | $115,333.29 | $118,668.32 | $140,892.26 |
| December 2026 | $118,276.60 | $121,692.63 | $144,416.06 |
Potential ROI: 205.6%
Bitcoin Price Prediction 2027
The experts in the field of cryptocurrency have analyzed the prices of Bitcoin and their fluctuations during the previous years. It is assumed that in 2027, the minimum BTC price might drop to $$174,189.11, while its maximum can reach $$206,065.02. On average, the trading cost will be around $$180,273.74.
| Month | Minimum Price | Average Price | Maximum Price |
|---|---|---|---|
| January 2027 | $122,935.98 | $126,574.39 | $149,553.47 |
| February 2027 | $127,595.35 | $131,456.15 | $154,690.89 |
| March 2027 | $132,254.73 | $136,337.91 | $159,828.30 |
| April 2027 | $136,914.10 | $141,219.67 | $164,965.71 |
| May 2027 | $141,573.48 | $146,101.43 | $170,103.13 |
| June 2027 | $146,232.86 | $150,983.19 | $175,240.54 |
| July 2027 | $150,892.23 | $155,864.94 | $180,377.95 |
| August 2027 | $155,551.61 | $160,746.70 | $185,515.37 |
| September 2027 | $160,210.98 | $165,628.46 | $190,652.78 |
| October 2027 | $164,870.36 | $170,510.22 | $195,790.19 |
| November 2027 | $169,529.73 | $175,391.98 | $200,927.61 |
| December 2027 | $174,189.11 | $180,273.74 | $206,065.02 |
Potential ROI: 336%
Bitcoin Price Prediction 2028
Based on the analysis of the costs of Bitcoin by crypto experts, the following maximum and minimum BTC prices are expected in 2028: $$308,025.45 and $$255,448.51. On average, it will be traded at $$264,462.20.
| Month | Minimum Price | Average Price | Maximum Price |
|---|---|---|---|
| January 2028 | $180,960.73 | $187,289.45 | $214,561.72 |
| February 2028 | $187,732.34 | $194,305.15 | $223,058.43 |
| March 2028 | $194,503.96 | $201,320.86 | $231,555.13 |
| April 2028 | $201,275.58 | $208,336.56 | $240,051.83 |
| May 2028 | $208,047.19 | $215,352.27 | $248,548.53 |
| June 2028 | $214,818.81 | $222,367.97 | $257,045.24 |
| July 2028 | $221,590.43 | $229,383.68 | $265,541.94 |
| August 2028 | $228,362.04 | $236,399.38 | $274,038.64 |
| September 2028 | $235,133.66 | $243,415.09 | $282,535.34 |
| October 2028 | $241,905.28 | $250,430.79 | $291,032.05 |
| November 2028 | $248,676.89 | $257,446.50 | $299,528.75 |
| December 2028 | $255,448.51 | $264,462.20 | $308,025.45 |
Potential ROI: 551.8%
Bitcoin Price Prediction 2029
Crypto experts are constantly analyzing the fluctuations of Bitcoin. Based on their predictions, the estimated average BTC price will be around $$388,003.53. It might drop to a minimum of $$377,425.04, but it still might reach $$451,353.02 throughout 2029.
| Month | Minimum Price | Average Price | Maximum Price |
|---|---|---|---|
| January 2029 | $265,613.22 | $274,757.31 | $319,969.41 |
| February 2029 | $275,777.93 | $285,052.42 | $331,913.38 |
| March 2029 | $285,942.64 | $295,347.53 | $343,857.34 |
| April 2029 | $296,107.35 | $305,642.64 | $355,801.31 |
| May 2029 | $306,272.06 | $315,937.75 | $367,745.27 |
| June 2029 | $316,436.78 | $326,232.87 | $379,689.24 |
| July 2029 | $326,601.49 | $336,527.98 | $391,633.20 |
| August 2029 | $336,766.20 | $346,823.09 | $403,577.16 |
| September 2029 | $346,930.91 | $357,118.20 | $415,521.13 |
| October 2029 | $357,095.62 | $367,413.31 | $427,465.09 |
| November 2029 | $367,260.33 | $377,708.42 | $439,409.06 |
| December 2029 | $377,425.04 | $388,003.53 | $451,353.02 |
Potential ROI: 855%
Bitcoin Price Prediction 2030
Every year, cryptocurrency experts prepare forecasts for the price of Bitcoin. It is estimated that BTC will be traded between $$542,788.80 and $$653,779.78 in 2030. Its average cost is expected at around $$558,308.93 during the year.
| Month | Minimum Price | Average Price | Maximum Price |
|---|---|---|---|
| January 2030 | $391,205.35 | $402,195.65 | $468,221.92 |
| February 2030 | $404,985.67 | $416,387.76 | $485,090.81 |
| March 2030 | $418,765.98 | $430,579.88 | $501,959.71 |
| April 2030 | $432,546.29 | $444,772 | $518,828.61 |
| May 2030 | $446,326.61 | $458,964.11 | $535,697.50 |
| June 2030 | $460,106.92 | $473,156.23 | $552,566.40 |
| July 2030 | $473,887.23 | $487,348.35 | $569,435.30 |
| August 2030 | $487,667.55 | $501,540.46 | $586,304.19 |
| September 2030 | $501,447.86 | $515,732.58 | $603,173.09 |
| October 2030 | $515,228.17 | $529,924.70 | $620,041.99 |
| November 2030 | $529,008.49 | $544,116.81 | $636,910.88 |
| December 2030 | $542,788.80 | $558,308.93 | $653,779.78 |
Potential ROI: 1283.3%
Bitcoin Price Prediction 2031
Cryptocurrency analysts are ready to announce their estimations of the Bitcoinâs price. The year 2031 will be determined by the maximum BTC price of $$961,526.71. However, its rate might drop to around $$760,001.26. So, the expected average trading price is $$787,916.71.
| Month | Minimum Price | Average Price | Maximum Price |
|---|---|---|---|
| January 2031 | $560,889.84 | $577,442.91 | $679,425.36 |
| February 2031 | $578,990.88 | $596,576.89 | $705,070.94 |
| March 2031 | $597,091.92 | $615,710.88 | $730,716.51 |
| April 2031 | $615,192.95 | $634,844.86 | $756,362.09 |
| May 2031 | $633,293.99 | $653,978.84 | $782,007.67 |
| June 2031 | $651,395.03 | $673,112.82 | $807,653.25 |
| July 2031 | $669,496.07 | $692,246.80 | $833,298.82 |
| August 2031 | $687,597.11 | $711,380.78 | $858,944.40 |
| September 2031 | $705,698.15 | $730,514.77 | $884,589.98 |
| October 2031 | $723,799.18 | $749,648.75 | $910,235.56 |
| November 2031 | $741,900.22 | $768,782.73 | $935,881.13 |
| December 2031 | $760,001.26 | $787,916.71 | $961,526.71 |
Potential ROI: 1934.5%
Bitcoin Price Prediction 2032
After years of analysis of the Bitcoin price, crypto experts are ready to provide their BTC cost estimation for 2032. It will be traded for at least $$1,116,589.65, with the possible maximum peaks at $$1,340,327.92. Therefore, on average, you can expect the BTC price to be around $$1,155,985.49 in 2032.
| Month | Minimum Price | Average Price | Maximum Price |
|---|---|---|---|
| January 2032 | $789,716.96 | $818,589.11 | $993,093.48 |
| February 2032 | $819,432.66 | $849,261.51 | $1,024,660.25 |
| March 2032 | $849,148.36 | $879,933.91 | $1,056,227.01 |
| April 2032 | $878,864.06 | $910,606.30 | $1,087,793.78 |
| May 2032 | $908,579.76 | $941,278.70 | $1,119,360.55 |
| June 2032 | $938,295.46 | $971,951.10 | $1,150,927.32 |
| July 2032 | $968,011.15 | $1,002,623.50 | $1,182,494.08 |
| August 2032 | $997,726.85 | $1,033,295.90 | $1,214,060.85 |
| September 2032 | $1,027,442.55 | $1,063,968.30 | $1,245,627.62 |
| October 2032 | $1,057,158.25 | $1,094,640.69 | $1,277,194.39 |
| November 2032 | $1,086,873.95 | $1,125,313.09 | $1,308,761.15 |
| December 2032 | $1,116,589.65 | $1,155,985.49 | $1,340,327.92 |
Potential ROI: 2736%
Bitcoin Price Prediction 2033
Cryptocurrency analysts are ready to announce their estimations of the Bitcoinâs price. The year 2033 will be determined by the maximum BTC price of $$1,967,427.47. However, its rate might drop to around $$1,633,289.16. So, the expected average trading price is $$1,679,528.58.
| Month | Minimum Price | Average Price | Maximum Price |
|---|---|---|---|
| January 2033 | $1,159,647.94 | $1,199,614.08 | $1,392,586.22 |
| February 2033 | $1,202,706.24 | $1,243,242.67 | $1,444,844.51 |
| March 2033 | $1,245,764.53 | $1,286,871.26 | $1,497,102.81 |
| April 2033 | $1,288,822.82 | $1,330,499.85 | $1,549,361.10 |
| May 2033 | $1,331,881.11 | $1,374,128.44 | $1,601,619.40 |
| June 2033 | $1,374,939.41 | $1,417,757.04 | $1,653,877.70 |
| July 2033 | $1,417,997.70 | $1,461,385.63 | $1,706,135.99 |
| August 2033 | $1,461,055.99 | $1,505,014.22 | $1,758,394.29 |
| September 2033 | $1,504,114.28 | $1,548,642.81 | $1,810,652.58 |
| October 2033 | $1,547,172.58 | $1,592,271.40 | $1,862,910.88 |
| November 2033 | $1,590,230.87 | $1,635,899.99 | $1,915,169.17 |
| December 2033 | $1,633,289.16 | $1,679,528.58 | $1,967,427.47 |
Potential ROI: 4062.9%
Bitcoin Price Prediction 2040
According to the technical analysis of Bitcoin prices expected in 2040, the minimum cost of Bitcoin will be $$2,485,702.30. The maximum level that the BTC price can reach is $$2,855,198.59. The average trading price is expected around $$2,653,655.16.
| Month | Minimum Price | Average Price | Maximum Price |
|---|---|---|---|
| January 2040 | $1,704,323.59 | $1,760,705.80 | $2,041,408.40 |
| February 2040 | $1,775,358.02 | $1,841,883.01 | $2,115,389.32 |
| March 2040 | $1,846,392.45 | $1,923,060.23 | $2,189,370.25 |
| April 2040 | $1,917,426.87 | $2,004,237.44 | $2,263,351.18 |
| May 2040 | $1,988,461.30 | $2,085,414.66 | $2,337,332.10 |
| June 2040 | $2,059,495.73 | $2,166,591.87 | $2,411,313.03 |
| July 2040 | $2,130,530.16 | $2,247,769.09 | $2,485,293.96 |
| August 2040 | $2,201,564.59 | $2,328,946.30 | $2,559,274.88 |
| September 2040 | $2,272,599.02 | $2,410,123.52 | $2,633,255.81 |
| October 2040 | $2,343,633.44 | $2,491,300.73 | $2,707,236.74 |
| November 2040 | $2,414,667.87 | $2,572,477.95 | $2,781,217.66 |
| December 2040 | $2,485,702.30 | $2,653,655.16 | $2,855,198.59 |
Potential ROI: 5941.4%
Bitcoin Price Prediction 2050
After the analysis of the prices of Bitcoin in previous years, it is assumed that in 2050, the minimum price of Bitcoin will be around $$3,224,694.88. The maximum expected BTC price may be around $$3,560,600.59. On average, the trading price might be $$3,359,057.17 in 2050.
| Month | Minimum Price | Average Price | Maximum Price |
|---|---|---|---|
| January 2050 | $2,547,285.02 | $2,712,438.66 | $2,913,982.09 |
| February 2050 | $2,608,867.73 | $2,771,222.16 | $2,972,765.59 |
| March 2050 | $2,670,450.45 | $2,830,005.66 | $3,031,549.09 |
| April 2050 | $2,732,033.16 | $2,888,789.16 | $3,090,332.59 |
| May 2050 | $2,793,615.88 | $2,947,572.66 | $3,149,116.09 |
| June 2050 | $2,855,198.59 | $3,006,356.17 | $3,207,899.59 |
| July 2050 | $2,916,781.31 | $3,065,139.67 | $3,266,683.09 |
| August 2050 | $2,978,364.02 | $3,123,923.17 | $3,325,466.59 |
| September 2050 | $3,039,946.74 | $3,182,706.67 | $3,384,250.09 |
| October 2050 | $3,101,529.45 | $3,241,490.17 | $3,443,033.59 |
| November 2050 | $3,163,112.17 | $3,300,273.67 | $3,501,817.09 |
| December 2050 | $3,224,694.88 | $3,359,057.17 | $3,560,600.59 |
Potential ROI: 7433.9%
According to the latest data gathered, the current price of Bitcoin is $$47,356.49, and BTC is presently ranked No. 1 in the entire crypto ecosystem. The circulation supply of Bitcoin is $929,323,155,797.27, with a market cap of 19,623,987 BTC.
In the past 24 hours, the crypto has increased by $213.10 in its current value.
For the last 7 days, BTC has been in a good upward trend, thus increasing by 9.82%. Bitcoin has shown very strong potential lately, and this could be a good opportunity to dig right in and invest.
During the last month, the price of BTC has increased by 1.38%, adding a colossal average amount of $653.52 to its current value. This sudden growth means that the coin can become a solid asset now if it continues to grow.
What Is Bitcoin (BTC)?
Bitcoin is the first cryptocurrency that was created back in 2009. It is a decentralized digital currency that uses blockchain technology to facilitate trustless peer-to-peer transactions. BTC has the proof-of-work consensus mechanism, which means it relies on Bitcoin miners to secure its network.
In recent years, Bitcoin has been one of the most popular assets for investment: not only can it be extremely profitable due to the high volatility of the cryptocurrency market, but it is also very easy to invest in. All one needs to get Bitcoin is an Internet connection.
What Affects the Value of Bitcoin?
There are a lot of different factors that can affect the price of Bitcoin. Unlike most altcoins, its price movements do not depend as heavily on the rest of the crypto market and usually ends up being the one to set the trend. However, BTC is still responsive to the general factors that affect all markets like rising interest rates or huge crypto news, especially ones that either concern the industry as a whole or other big coins like Ethereum or Shiba Inu.
Bitcoinâs price also gets affected by non-crypto news â a great example of that would be its price action in the spring of 2020. Thatâs why you should keep an eye on stock forecasts if you want to have a better understanding of the current Bitcoin price. Another news sector that those who invested in Bitcoin or are planning to do so should look out for is ecology.
Just like any other asset, Bitcoin gets affected by news related to it, be it about Bitcoin itself, crypto exchanges, or blockchain technology. Crypto prices usually go up when there is a piece of news related to mass adoption, new technological breakthroughs, and so on. On the other hand, any uncertainty can cause its value to plummet.
The events that affected the value of Bitcoin between Sep 2020 â Apr 2021
Source: zipmex.com
History of Bitcoin
Bitcoinâs price history is known to most crypto enthusiasts. From being ultimately nearly worthless, this coin has grown to become one of the biggest assets in the world. At its height, Bitcoinâs market cap was even higher than that of several established businesses.
Letâs take a brief look at the Bitcoin price chart.
Upon looking at this chart, one thing that immediately becomes apparent is that Bitcoinâs price cycles keep on shortening. Additionally, despite the coin regularly losing value, the average value of Bitcoin keeps increasing. This shows a positive trend for the future.
âWill Bitcoin go back up?â is an evergreen question in the crypto market. The truth is, no matter how hard we study BTC price history and trends, we would not be able to predict this accurately. However, we can still consider these factors as well as todayâs Bitcoin news to make a tentative prediction.
Bitcoinâs crypto market cap is still the highest in the industry, and it still has the most recognition. Its circulating supply is slowly approaching its total supply but thereâs still a long way to go till we reach a point where there will be no new Bitcoins released.
Overall, Bitcoin price history shows us that thereâs still room for this asset to grow even if there is a bear market.
Please note that this does not constitute investment advice.
Will Bitcoin Go Back Up?
The future trajectory of Bitcoinâs price, influenced by various macroeconomic factors and key events, is a subject of widespread interest in the cryptocurrency industry.
The anticipated reduction in interest rates by the US Federal Reserve is expected to ease pressure on the cryptocurrency market, potentially fostering widespread adoption of Bitcoin. Additionally, prospective legislation in the US aiming for clearer crypto investment regulations might reduce investor uncertainty. This, coupled with Bitcoinâs current status as a regulated commodity in the US, could encourage institutional adoption, attracting new investors to the cryptocurrency.
Another significant event is the Bitcoin block reward halving scheduled for 2024, historically associated with a surge in Bitcoinâs price and indicative of bullish momentum. This event is eagerly awaited, as it has previously signaled the start of a bullish market trend. Bitcoinâs robust performance, highlighted by a record-breaking transaction volume and a strong hash rate, has further reinforced investor confidence and positively impacted its market value.
Despite these positive developments, the long-term viability of the crypto market faces scrutiny. The increasing introduction of crypto-related products and services contrasts with the skepticism of experts, driven by stringent global regulations and public apprehension about new technologies, often attributed to misunderstanding or fear.
Bitcoin is a digital currency, straightforward and unambiguous in its essence. However, its slow adaptability and reliance on an environmentally unfriendly proof-of-work (PoW) consensus algorithm could challenge its attractiveness as an investment compared to more diverse cryptocurrency ecosystems.
In light of these dynamics, the question remains: Can Bitcoin recover and reclaim its previous highs? Its history of resilience suggests the potential for rebound. All that said, we stand with the analysts who believe in the nearing rise of BTC. Now, letâs take a look at what numbers BTC is predicted to hit in a short time.
Bitcoin Price Predictions by Experts
The approval of the Bitcoin exchange-traded fund (ETF) marks an important milestone in mainstreaming Bitcoin investments, potentially expanding its investor base, especially among institutions. Despite Bitcoin trading below $45,000 post-approval, investor sentiment is generally bullish, suggesting an optimistic outlook for future price increases.
Anthony Scaramucci of SkyBridge Capital predicts a $100,000 peak within a year, drawing parallels to the 2004 spot gold ETF approval and highlighting the historical price action of such assets. Technopedia forecasts a high of $98,000 in 2024, with an early low of around $21,500 and an average of $65,000, indicating potential price appreciation.
MicroStrategyâs Michael Saylor anticipates a âsupply shockâ from the Bitcoin halving, reducing miner-available BTC, which could fuel bullish price action. Tim Draper of Draper Associates speculates about a rise to $250,000 by July. Figures like Marshall Beard of Gemini and Paolo Ardoino of Tether expect a retest of the $69,000 high.
Tom Lee of Fundstrat Global Advisors sees a potential rise to $150,000 short-term, with long-term potential at $500,000, influenced by changing monetary policy and market dynamics. Ark Investâs Cathie Wood has an even more ambitious projection of $600,000 in her base case and $1.5 million by 2030 in her bull case, reflecting a strong belief in Bitcoinâs potential for much growth.
Digital Coin Price predicts a gradual increase to nearly $140K in three years, with an average price of $90,733 in 2024, $99,421.76 in 2025, and $153,537.15 in 2026.
However, more conservative forecasts, like Wallet Investor, suggest a potential drop to $10,000, demonstrating the diversity of opinions in the market.
These bullish predictions are underpinned by Bitcoinâs finite supply and independence from external economic factors. Its growing acceptance and technological advancements, despite the evolving regulatory landscapes, bolster its investment appeal.
The Bearish Scenario
At the time of writing, the cryptocurrency industry largely maintains a positive view on Bitcoin, making it challenging to find notable bearish projections. However, two primary concerns could negatively influence Bitcoinâs price.
Firstly, Bitcoinâs substantial energy consumption continues to draw criticism, posing a potential threat to its market value. Secondly, the evolving regulatory landscape, particularly concerning anti-money laundering (AML) and Know Your Customer (KYC) laws, presents significant challenges that trouble investors.
If Bitcoinâs price crashes, then the values of other cryptocurrencies are likely to follow suit.
Is Bitcoin a Good Investment?
No matter if itâs in a down- or uptrend, Bitcoin is almost always predicted to keep rising in the future. So, it can be a good investment. However, please DYOR and carefully consider the risks before investing in BTC or any other cryptocurrency.
Our Bitcoin price prediction is rather conservative and does not take into account any random media hype or unexpected regulations that may happen in the near future â these factors are too unpredictable. However, if youâre considering investing in Bitcoin, you need to make sure youâre ready for its price to fluctuate wildly.
Bitcoin is less risky than other cryptocurrencies, but it is still fairly unstable and unpredictable in comparison to traditional investment avenues like the stock market.
Bitcoin vs Fiat Currencies
Compared to cryptocurrencies, fiat currencies are a comparatively low-risk investment, especially ones like the US dollar. However, they can still definitely be considered risky assets.
Institutional investors have tentatively started putting their trust in Bitcoin and other cryptocurrencies. Nevertheless, digital assets definitely do not have the same relevancy as fiat money like the euro or the US dollar â at least, not yet.
Bitcoin is a higher risk, higher reward investment alternative to fiat money and other asset classes that gains additional value if you believe in its worth as a currency of the future.
Is it too late to buy Bitcoin?
History shows that itâs never too late to buy Bitcoin. The Bitcoin price today is still lower than its ATH, which means it may rise and go for a full-scale bull run again in the future.
Crypto Price Alerts
Get daily alerts on price changes of the top 10 cryptocurrencies.
Please enable JavaScript in your browser to complete this form.
Email *
Subscribe
FAQ
Is Bitcoin a good investment?
The forecast for Bitcoin price is quite positive. It is expected that BTC price might meet a bull trend in the nearest future. We kindly remind you to always do your own research before investing in any asset.
Can Bitcoin rise?
In a five-year plan perspective, the cryptocurrency could probably rise up to $143,779.60. Due to price fluctuations on the market, please always do your research before investing money in any project, network, asset, etc.
How much will Bitcoin be worth 2023?
BTC minimum and maximum prices might hit $33,016.25 and $39,784.65 accordingly.
How much will Bitcoin be worth 2025?
The Bitcoin network is developing rapidly. BTC price forecast for 2025 is rather positive. The BTC average price is expected to reach minimum and maximum prices of $67,625.22 and $83,868.30 respectively.
How much will Bitcoin be worth 2030?
BTC is provided with suitable environment to reach new heights in terms of price. BTC price prediction is quite positive. Business analysts predict that BTC might reach the maximum price of $505,014.84 by 2030.
Will Bitcoin ever hit $100K?
Considering the fact that Bitcoinâs price has already doubled its value several times in the past, it is possible. However, it would require another market-wide price surge and at least one trip to the moon.
Will Bitcoin go back down to $10K?
It is possible. After all, the cryptocurrency market is incredibly volatile, and the question of crypto regulation remains uncertain.
Is Bitcoin a good investment in 2023?
Whether Bitcoin is a good investment or not depends on your portfolio and risk appetite. It is still going strong, and despite all the online doomposting coming from various stock market experts, the crypto market âbubbleâ still hasnât popped. If it fits into your portfolio, and you believe in it as an asset, Bitcoin can indeed be a good investment in 2023.
How high can Bitcoin go in 10 years?
In 10 years, Bitcoin can reach $100K or even hit $200K. As long as there are no threats to it in terms of competition and regulation, its finite supply and growing popularity should ensure that it keeps on reaching new price highs.
Why can there only ever be 21 million Bitcoins?
The simple answer to this question is âbecause it was designed that way.â Well, but why canât this limit be extended? Among other things, BTCâs finite supply acts as a deflationary measure and is one of the reasons why Bitcoinâs price is as high as it is. As for why this exact figure was chosen, there are a few theories about it. One states that itâs because the total value of all physical money in the world when BTC was developed was equal to $21 trillion. As a result, if Bitcoin had been then to completely replace fiat, 1 BTC would have been worth $1M, and one satoshi â $0.01.
Is Bitcoin a safe long-term investment?
Bitcoin is a relatively safe investment compared to other cryptocurrencies. However, it is still a high-risk, high-reward type of asset and should not be seen as a reliable long-term store of value.
What happened to Bitcoinâs price?
Bitcoin hasnât been able to reach its previous highs lately, but it might be slowly starting to bounce back.
Disclaimer: Please note that the contents of this article are not financial or investing advice. The information provided in this article is the authorâs opinion only and should not be considered as offering trading or investing recommendations. We do not make any warranties about the completeness, reliability and accuracy of this information. The cryptocurrency market suffers from high volatility and occasional arbitrary movements. Any investor, trader, or regular crypto users should research multiple viewpoints and be familiar with all local regulations before committing to an investment.
The post Bitcoin (BTC) Price Prediction 2024-2040 appeared first on Cryptocurrency News & Trading Tips â Crypto Blog by Changelly.
![[DK]](/data/avatars/s/57/57999.jpg?1720990206){kind=avatar}
