Bitcoin (BTC) Price Prediction 2024 2025 2026 2027

Bitcoin Overview

Our real-time BTC to USD price update shows the current Bitcoin price as $63,347 USD.
Our most recent Bitcoin price forecast indicates that its value will increase by 12.71% and reach $71,397 by May 08, 2024.
Our technical indicators signal about the Neutral Bullish 61% market sentiment on Bitcoin, while the Fear & Greed Index is displaying a score of 71 (Greed).
Over the last 30 days, Bitcoin has had 17/30 (57%) green days and 5.03% price volatility.

Bitcoin (BTC) Technical Overview

When discussing future trading opportunities of digital assets, it is essential to pay attention to market sentiments.

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Bitcoin (BTC) Price Prediction For Today, Tomorrow and Next 30 Days

Bitcoin Prediction Table

Bitcoin Historical

According to the latest data gathered, the current price of Bitcoin is $$63,388.56, and BTC is presently ranked No. 1 in the entire crypto ecosystem. The circulation supply of Bitcoin is $1,248,424,948,687.35, with a market cap of 19,694,800 BTC.

In the past 24 hours, the crypto has increased by $963.51 in its current value.

For the last 7 days, BTC has been in a good upward trend, thus increasing by 0.77%. 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 7%, adding a colossal average amount of $4,437.20 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 $$42,659.12. The maximum level that the BTC price can reach is $$64,249.77. The average trading price is expected around $$85,840.41.

BTC Price Forecast for May 2024

Based on the price fluctuations of Bitcoin at the beginning of 2023, crypto experts expect the average BTC rate of $$73,774.50 in May 2024. Its minimum and maximum prices can be expected at $$63,909 and at $$83,640, respectively.

June 2024: Bitcoin Price Forecast

Cryptocurrency experts are ready to announce their forecast for the BTC price in June 2024. The minimum trading cost might be $$63,557.53, while the maximum might reach $$85,840.41 during this month. On average, it is expected that the value of Bitcoin might be around $$74,698.97.

BTC Price Forecast for July 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 $$65,068.50 in July 2024. It can drop to $$62,122.56 as a minimum. The maximum value might be $$68,014.43.

August 2024: Bitcoin Price Forecast

In the middle of the year 2023, the BTC price will be traded at $$64,189.40 on average. August 2024 might also witness an increase in the Bitcoin value to $$69,882.29. It is assumed that the price will not drop lower than $$58,496.51 in August 2024.

BTC Price Forecast for September 2024

Crypto experts have analyzed Bitcoin prices in 2023, so they are ready to provide their estimated trading average for September 2024 — $$70,364.99. The lowest and peak BTC rates might be $$55,342.77 and $$85,387.20.

October 2024: Bitcoin Price Forecast

Crypto analysts expect that at the end of summer 2023, the BTC price will be around $$69,644.44. In October 2024, the Bitcoin cost may drop to a minimum of $$55,563.46. The expected peak value might be $$83,725.41 in October 2024.

BTC Price Forecast for November 2024

Having analyzed Bitcoin prices, cryptocurrency experts expect that the BTC rate might reach a maximum of $$75,309.84 in November 2024. It might, however, drop to $$42,659.12. For November 2024, the forecasted average of Bitcoin is nearly $$58,984.48.

December 2024: Bitcoin Price Forecast

In the middle of autumn 2023, the Bitcoin cost will be traded at the average level of $$49,098.14. Crypto analysts expect that in December 2024, the BTC price might fluctuate between $$45,898.71 and $$52,297.57.

BTC Price Forecast for January 2025

Market experts expect that in January 2025, the Bitcoin value will not drop below a minimum of $$47,113.85. The maximum peak expected this month is $$51,216.79. The estimated average trading value will be at the level of $$49,165.32.

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 $$118,755. The maximum expected BTC price may be around $$142,086. On average, the trading price might be $$122,185 in 2025.

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 $$174,376 and $$202,880, respectively. The average expected trading cost is $$179,262.

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 $$248,295, while its maximum can reach $$298,850. On average, the trading cost will be around $$255,465.

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: $$430,664 and $$361,017. On average, it will be traded at $$371,235.

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 $$549,995. It might drop to a minimum of $$535,145, but it still might reach $$626,526 throughout 2029.

Bitcoin Price Prediction 2030

Every year, cryptocurrency experts prepare forecasts for the price of Bitcoin. It is estimated that BTC will be traded between $$754,110 and $$912,127 in 2030. Its average cost is expected at around $$776,109 during the year.

Bitcoin Price Prediction 2031

Cryptocurrency analysts are ready to announce their estimations of the Bitcoin’s price. The year 2031 will be determined by the maximum BTC price of $$1,324,089. However, its rate might drop to around $$1,096,457. So, the expected average trading price is $$1,127,502.

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 $$1,577,446, with the possible maximum peaks at $$1,906,149. Therefore, on average, you can expect the BTC price to be around $$1,622,547 in 2032.

Bitcoin Price Prediction 2033

Cryptocurrency analysts are ready to announce their estimations of the Bitcoin’s price. The year 2033 will be determined by the maximum BTC price of $$2,787,136. However, its rate might drop to around $$2,417,673. So, the expected average trading price is $$2,498,801.

Bitcoin Price Prediction 2040

According to the technical analysis of Bitcoin prices expected in 2040, the minimum cost of Bitcoin will be $$3,773,189. The maximum level that the BTC price can reach is $$4,123,022. The average trading price is expected around $$3,898,129.

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 $$4,872,662. The maximum expected BTC price may be around $$5,222,494. On average, the trading price might be $$5,022,590 in 2050.

What Is Bitcoin (BTC)?

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 $73K), 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 “in the near future” 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 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?

Numerous factors can influence Bitcoin’s price movements. Unlike many altcoins, Bitcoin often sets the trend for the cryptocurrency market, showing less dependency on the performance of other digital currencies. Nonetheless, Bitcoin remains sensitive to universal market influences such as shifts in interest rates or significant developments in the crypto sector, particularly those affecting major players like Ethereum or Shiba Inu. For example, when Ethereum announced The Merge phase of its transition to a proof-of-stake model, it also influenced the perception and value of Bitcoin.

Bitcoin, like any asset, is susceptible to news specifically about itself, the broader crypto exchanges, or blockchain advancements. For instance, crypto valuations generally surge with announcements of widespread adoption or innovative technological advancements. A prime example is when major corporations like Tesla, Microsoft, Starbucks, etc. announced they would start accepting Bitcoin as payment, leading to a sharp increase in its value. Conversely, any hint of uncertainty, like rumors of regulatory crackdowns, can influence the Bitcoin market, too, and swiftly reduce its value.

External, non-crypto news can also play a crucial role in shaping Bitcoin’s price. A notable example was observed in the spring of 2020, when the global economic uncertainty due to the pandemic heated up interest in Bitcoin as a potential safe haven, boosting its price significantly. Therefore, keeping an eye on stock market trends can provide deeper insights into the current state of Bitcoin. 

Additionally, environmental news, such as intense scrutiny over the energy consumption of mining operations, is another area that prospective or current Bitcoin investors should monitor closely, as it increasingly influences market dynamics.

History of Bitcoin

Bitcoin’s 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, Bitcoin’s market cap was even higher than that of several established businesses. 

Let’s take a brief look at the Bitcoin price chart.

Upon looking at this chart, one thing that immediately becomes apparent is that Bitcoin’s 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.

“Will Bitcoin go back up?” 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 today’s Bitcoin news to make a tentative prediction.

Bitcoin’s 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 there’s 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 there’s 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 Bitcoin’s price is constantly under scrutiny, influenced by various macroeconomic factors and significant events within the cryptocurrency sector.

In 2024, Bitcoin has already experienced a notable surge, updating its all-time high to over $73,700.

This March also earned its place in the history books. The SEC’s green light for these spot Bitcoin ETFs represents a huge milestone for the crypto community, potentially broadening investor access and confidence.

Another key event was the Bitcoin block reward halving that occurred in April 2024. This event, often associated with previous price surges, suggests a bullish momentum could be underway.

Experts within the industry are forecasting a new growth cycle in the crypto market, potentially peaking between 2024 and 2025. This expectation aligns with the four-year market cycle theory, which coincides with the last bull run in 2021.

However, external factors such as global news and events could impact Bitcoin’s price trajectory.

An important forthcoming event is the 2024 presidential election, where Donald Trump’s potential re-election is viewed by some as a positive catalyst for Bitcoin’s value. The Trump administration could foster a favorable environment for Bitcoin and other digital assets through more relaxed regulations.

Yet, despite these optimistic developments, the long-term prospects of the cryptocurrency market remain under examination. The growing introduction of crypto-related products contrasts with expert skepticism, often due to strict global regulations and public hesitance towards new technologies, largely stemming from misunderstandings or fears.

Bitcoin remains a straightforward digital currency by design; all the same its slow adaptation and reliance on the environmentally taxing proof-of-work (PoW) consensus algorithm might hinder its appeal compared to more versatile cryptocurrency ecosystems.

Given these dynamics, the question persists: Can Bitcoin recover and surpass its previous highs? Its history of resilience suggests a potential for rebound, aligning with analysts optimistic about the near future. As we watch Bitcoin’s numbers, it’s clear that the cryptocurrency stands as a remarkable financial technology with the potential to impact the global economy, promising substantial projected growth and affirming its status as a pivotal global currency.

Bitcoin Price Predictions by Experts

Despite Bitcoin trading lower than $70,000 after renewing its ATH, investor sentiment is generally bullish, suggesting an optimistic outlook for future price increases.

Anthony Scaramucci of SkyBridge Capital sees Bitcoin peaking at $170,000 within the next year, marking a significant uptick in the current cycle.
Technopedia has adjusted its outlook for Bitcoin in 2024, predicting a new all-time high (ATH) of $85,000, with potential lows around $38,000. They expect the average price to hover around $60,000, revising earlier predictions of a peak at $98,000 to a more conservative estimate.
MicroStrategy’s Michael Saylor anticipates a “supply shock” from the Bitcoin halving, which he believes will drastically reduce the amount of Bitcoin available from miners and trigger a substantial price increase. Citing historical performance post-halving, he suggests a similar bullish trend could follow this recent event.