Bitcoin (BTC), the coin that started it all, had an absolutely bad year in 2022 and reminded us all that cryptocurrency really can be really volatile. And now investors are asking what is the latest Bitcoin Price Prediction?
This guide will discuss our Bitcoin price prediction for both the short and long term, touching on the coin’s utility, its future potential, and where you can invest in BTC today – with low trading fees.
Bitcoin Price Prediction - Summary
Based on 24 analysts offering 12 month price targets for Bitcoin have a median target of $35,000, with a high estimate of $42,000 and a low estimate of $22,000. The average price target represents a 35% change from today's price.
To help you quickly understand Bitcoin’ long term outlook, here is our summary for Bitcoin price forecast for the years ahead:
- End of 2023 — Bouncing back from a decline last, Bitcoin price prediction for 2023 will see highs above $33,000 again this year and reach a top price above $35,000.
- End of 2024 — There is a general belief that the Bitcoin market is recovering at the right pace. This means next year could be better than the current year in terms of price changes. It’s possible that the Bitcoin price prediction for 2024 can reach $50,000 by the end of next year.
- End of 2025 — With the crypto market still ablaze from the 2024 halvening, Bitcoin price forecasts is set to reach a new high above $77,000 in 2025.
- End of 2030 — With the acceptance of BTC reaching epic proportions in that time, Bitcoin price will appreciate above $200,000 per coin to hit an all-time high reaching $210,000 in 2030.
- End of 2040 — Knowing what we know about the future of the crypto market, we can say that long-term investment in Bitcoin is reasonable. If BTC grows as we expect it to, there is every chance that Bitcoin's price prediction for 2040 will reach as high as $1,000,000 by that time.
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
{{coininfo}}
Bitcoin Price History
Analyzing Bitcoin’s price history is one of the first things you should do when considering investing in BTC. Let’s look over some of Bitcoin’s most important price movements.
What was Bitcoin’s starting price?: Bitcoin was worth $0 when it was first introduced to potential users in 2009. BTC wasn’t given value until July 2010, when exchanges began to sell it for $0.09.
Highest Bitcoin price ever: Bitcoin’s all-time high is $68,789.63, which it reached on the 10th of November 2021.
What was Bitcoin’s lowest price?: CoinMarketCap records Bitcoin’s all-time low as $65.53 on the 5th of June 2013.
In 2021, Bitcoin started the year at $29,374.15, hit its all-time high above $68k, and ended the year at $46,306.45. BTC’s 52-week low is $28,893.62.
Bitcoin Price Chart
BTC/USD price chart. Source: Coinmarketcap
Technical Analysis Of Bitcoin’s Price Movements
When you study the past performance of a cryptocurrency, you familiarize yourself with how it moves. Some are more volatile than others, and some increase or decrease in a certain way. Technical analysis will enable you to make better Bitcoin price predictions.
From the graph above, Bitcoin price analysis shows that BTC clearly saw its biggest gains in 2021, prior to this Bitcoin had difficulty climbing back to its previous all-time high of almost $20k in 2018 — particularly in 2019. Though with every price correction, BTC has managed to escape at the other end slightly higher than when it started.
The Bitcoin price from 2009 to 2018 was also a highly interesting period. The asset went from virtually nothing to thousands of dollars per coin in a few short years. Much of this enormous rise has been attributed to the Bitcoin halvening.
Ready to invest in BTC?
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
Bitcoin Price Prediction 2023
Aside from analyzing Bitcoin’s historical prices, we also need to look at what causes Bitcoin prices to fluctuate and how the Bitcoin price is determined. You can then factor these into your Bitcoin price predictions and answer the question ‘should I invest in Bitcoin?’
Like any limited commodity, supply and demand hugely affect the price of Bitcoin. The price of Bitcoin is driven up when the demand for new tokens is greater than the supply — something which usually happens in the aftermath of a Bitcoin halving, causing some investors to think of it as a form of artificial inflation.
2023 will likely be a year of recovery for Bitcoin as it bounces back from its decline at the beginning of the year. Building momentum, BTC/USD can cross the $30,000 barrier and work its way to a median of $30,000 by the end of 2023.
Due to that, our short-term Bitcoin price prediction anticipates a high of $36,750 and a low of $28,522. With all that in mind, Bitcoin price could reach is $33,000 in 2023.
Bitcoin Price Prediction 2024
Bitcoin halving will most certainly impact the price of BTC in 2024 and the block reward is halved. Bitcoin will start off 2024 strong as the growing in the crypto market will continue to find new ways to market Bitcoin to new traders who have never invested in crypto before.
We are not alone when it comes to being positive with our Bitcoin price prediction for 2024. A good number of other industry insiders believe that the price of the leading coin will increase in the next year. Digital Coin Price, for instance, predicts that Bitcoin's price could be worth up to $38,000 sometime in the next 12 months. Some websites are way more bullish. A few, as we expect, are bearish.
Bitcoin is expected to consolidate its bullish trend throughout the next year. That implies that it should be worth a lot more than what it is worth right now. If we consider the other market factors that can result in a bullish season. As such, our Bitcoin price prediction for 2024, therefore, sees the coin valued at $55,000 by the end of next year.
So, ‘should I invest in Bitcoin?’ Our short-term cryptocurrency predictions suggest a healthy upwards trend is in the making for the next few years.
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
Bitcoin Price Forecast Long Term Outlook – 2025 Prediction
Media coverage is also hugely important when it comes to drumming up investor interest in cryptocurrency. Back in 2017-2018, renewed interest in BTC (along with the rest of the crypto market) was largely driven by a media frenzy. The more coverage the skyrocketing prices received; the more people began to invest. This created an imbalance between supply and demand that caused the price of Bitcoin to soar.
At the end of 2020, we saw this again. When the payments network PayPal announced that it would enable people to store BTC in their PayPal wallets, Bitcoin hit the headlines with a vengeance, giving many would-be investors the push they needed to add BTC to their portfolios. The fact that Bitcoin was gaining real-world applications countered worries that it was too impractical to rival fiat currency.
Another factor that can potentially affect the price of Bitcoin is market competition. When new altcoins enter the market, or other high-ranking cryptocurrencies start to attract elevated levels of investor interest, it can cause traders to start focusing on alternative forms of crypto. This is particularly true when it comes to Bitcoin Cash. The Bitcoin hard fork is a third-generation cryptocurrency that many people believe is superior to BTC as it was designed to solve some of the problems that plague the king of cryptocurrency.
So, where does the long term Bitcoin price prediction prospect leave us? The majority of informed crypto enthusiasts see the project as one that will succeed in the long run. This implies that the project will continue to attract new investors. Of course, this will always result in long term price gain.
At this point, you may be itching to know what Bitcoin will be worth in 2025. It is important to understand that the actual price will depend on so many things, of which market factors are the most important. Regardless, our Bitcoin price prediction for 2025 projects the coin to reach $78,000.
In best-case scenarios, Bitcoin will only increase at an institutional and retail level. With that in mind, experts' BTC predictions 2025 estimates that it could reach a valuation of $100,000 by the end of that year.
Everything we have discussed so far should be considered when planning to invest in Bitcoin. However, most Bitcoin price predictions - especially those from leading analysts - will already be including such issues as part of their forecasting algorithms. So what are such platforms saying about BTC’s potential over the next few years?
According to DigitalCoinPrice’s Bitcoin forecast, By 2025 Bitcoin price prediction to be trading in excess of $150,000. Even more optimistic is the Economy Forecast Agency’s Bitcoin price prediction. They have Bitcoin price prediction will end the year at $150,673 per coin.
Bloomberg Intelligence maintains that Bitcoin will reach at least $100,000 by 2025, and points to the increased uptake of the crypto from institutional investors as the main driver behind Bitcoin’s long-term growth.
Analysts at Bloomberg have gone on to say that that "something significant needs to go wrong to reverse Bitcoin adoption and price appreciation".
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
Bitcoin Price Prediction 2026
By 2026, Bitcoin miners will likely stop selling their Bitcoin which will make the asset far scarcer and boost its value dramatically. Based on our forecasts, Bitcoin has a high estimate of $105,000, a low estimate of $75,000 and an average price of $85,000. At the close of 2026, our Bitcoin price prediction indicates BTC will be worth $95,895.
Bitcoin Price Prediction 2027
Institutional investors will start to buy up Bitcoin like there’s no tomorrow by 2027 as it proves itself to be a solid investment. Our four-year Bitcoin price prediction puts BTC at $110,000 at the start of 2027 and suggests it may decline to a low of $95,000 but later increase to a top price of $161,000. At the end of 2027, Bitcoin will be worth an average price of $155,000.
Bitcoin Price Prediction 2028
Because the maximum supply of Bitcoin is capped at 21 million, the halving is set to occur each time 210,000 new blocks are added to the blockchain, something that roughly equates to once every four years. This process means that the reward for mining new Bitcoin blocks is slashed in half, slowing the pace at which we’ll max out the supply. There are currently 18.8 million BTC in circulation (90% of all BTC) and current estimates suggest we’ll reach 21 million in the year 2140.
The 2016 Bitcoin halving saw the price of BTC increase by an incredible 93% throughout the rest of the year. Before the last halving occurred in 2020, investors noted that if the cryptocurrency followed a similar pattern again, we could feasibly see the price of Bitcoin rise to around $15,000 before the end of the year. Sure enough, we did!
By 2028, Bitcoin could overtake gold as a store of value which could start a buying frenzy. Based on our forecasts, a long-term increase is expected in the price of BTC/USD with the highest estimate at $170,000 and a yearly average calculated at $153,289. Bitcoin will also refuse to decline lower than $106,078, as per our Bitcoin 2028 price prediction.
Bitcoin Price Prediction 2029
An increasing number of merchants begin accepting Bitcoin as a payment option in 2029, increasing its utility. At the highest, Bitcoin will be worth $195,000 and at the lowest, $165,500 as indicated by our 2029 Bitcoin price prediction. Bitcoin will close 2029 at $200,845 and accomplish an average of $189,813 for the year.
Bitcoin Price Prediction 2030
Right from the beginning of this Bitcoin price prediction guide, we asserted that Bitcoin is one of the best crypto to buy right now. This is because we believe in its long term prospects. The Bitcoin ecosystem is unique and very attractive.
Considering everything you’ve read, do you now believe that Bitcoin will succeed? We believe that is why our price forecast for Bitcoin in 2030 is $200,000.
There are many experts who are more bullish of Bitcoin maximalists predicting a much higher price for BTC, with a huge prediction that the coin could reach up to $350,000 in the next decade.
Bitcoin is estimated to reach a maximum of $210,000 in 2030. Our long-term Bitcoin price prediction also foresees an exceptional low of $190,000, a yearly average of $200,000 and an acceptable $205,000 by December 2030.
If you are a long-term crypto investor, you will definitely be interested in Bitcoin long term price forecast. Is there a possibility that BTC can make investors richer by 2030? We believe that this is possible.
In over 10 years, Bitcoin has never lost its status as ‘digital gold’, even though new cryptos might be technically more robust or scalable. Changes in Bitcoin’s price often foretell similar movements across the industry as a whole. Many analysts have noticed that bullish or bearish BTC runs are closely mirrored by other cryptos, although the opposite doesn’t seem to be true.
According to Bitcoin price prediction 2030 and long-term technical analysis, the price of BTC will be worth as much as $1,000,000 per coin by the very end of 2030.
Long term Bitcoin price predictions are always going to be somewhat hit and miss. The cryptocurrency market moves very quickly and as anyone who has previously chosen to invest in Bitcoin knows, strategies often need to be adjusted at short notice. However, a few analysts and financial experts have made some bold claims about what we can expect from Bitcoin in the coming decade.
Morgan Creek Digital Assets co-founder, Anthony Pompliano, claims bitcoin could hit $500,000 by the end of the decade and has the potential to eventually reach $1m per BTC in 2030.
“I think that bitcoin will eventually rise to become the global reserve currency. I think bitcoin will eventually be much much larger than the gold market cap,” he told CNBC.
Kraken CEO Jesse Powell is also overwhelmingly bullish with his Bitcoin price prediction. Mr Powell echoes Pompliano’s sentiment that Bitcoin could reach $1 million in the next decade, adding that it could even replace all of the major fiat currencies.
“We can only speculate, but when you measure Bitcoin in terms of dollars, you have to think it’s going to infinity,” he said. “The true believers will tell you that it’s going all the way to the moon, to Mars and eventually, will be the world’s currency.”
A cryptocurrency research firm by the name of Crypto Research Report is calling for Bitcoin (BTC) to reach $200,000 by 2025.
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
Bitcoin Price Prediction 2040
If you are the type that can hold on to a digital asset for so long, then Bitcoin is one of the safest asset of what to invest right now. As we’ve already stressed it is among the Most Undervalued Crypto To Buy assets, so now may be the best time to buy it cheap.
Regulation is another hurdle, but with Bitcoin’s current size and influence, it would seem unlikely that regulators will be too aggressive towards it. That said, they will still likely want to show that they are in charge, so it won’t be a 100% clean procedure.
The most important thing Bitcoin must tackle is its energy consumption in a world that’s increasingly concerned with climate change. (On that note, it’s important to consider that the system that Bitcoin could replace could be consuming more energy than BTC.) For this to happen, miners will need access to cleaner energy sources.
On a technical level, Bitcoin must find a way to scale and speed up its service (without sacrificing security and decentralisation) for it to be truly usable. Most likely, this will not happen, but that won’t necessarily impact the price of Bitcoin because it has become a store of value and therefore doesn’t need to be too practical. Most likely, other cryptocurrencies will fill the gap of fulfilling regular, everyday transactions.
As one of the top cryptos out there, Bitcoin will continue to attract different categories of investors and instituations. Bitcoin price will enjoy a bullish trend for years even as it will fluctuate.
For this reason, our Bitcoin price prediction 2040 estimates that the coin could be valued at $1,000,000 by this point.
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
Potential Highs And Lows Of Bitcoin
This section of our Bitcoin price prediction guide will summarize potential highs and lows for the coming years in a tabular form, offered by technical analysts and industry experts.
| Year | High | Low |
|---|---|---|
| 2023 | $35,000 | $28,000 |
| 2024 | $54,000 | $48,500 |
| 2025 | $76,500 | $57,653 |
| 2026 | $105,000 | $78,361 |
| 2027 | $160,000 | $110,000 |
| 2030 | $210,000 | $180,000 |
| 2040 | $1,000,000 | $850,000 |
BTC — Can Bitcoin Be Digital Gold?
The Bitcoin ticker is ‘BTC’, and you will see Bitcoin and BTC used interchangeably here and there. A maximum of 21 million BTC can ever exist. Though technically speaking, the supply is even more limited, supposedly 3.7 million are lost forever (of which 1 million belong to Satoshi Nakamoto). The last BTC will likely be mined by 2140.
And, how many satoshis are in a Bitcoin? Bitcoin can be broken down into eight decimal places. These units are named ‘satoshis’, after Bitcoin’s creator. The smallest amount of satoshi that can exist is 0.00000001 BTC.
Bitcoin’s key rivals include:
What’s The Point Of Bitcoin?
Bitcoin was the first move towards a decentralised financial system, one controlled by the people, not by governments, banks, and financiers. An immutable system that couldn’t be manipulated or changed and completely open so everyone could see what each other was doing (which is sometimes seen as a bit of a drawback).
The first Bitcoin was mined on the 3rd of January 2009, and it took a while for people to start seeing any value in it (even today many don’t understand how it has any value). There were even ‘Bitcoin faucets’ which used to give out Bitcoin for free in an attempt to get people to use it.
Early on, Bitcoin’s image was marred by people using it as a way to purchase drugs or other illegal products or services on platforms like Silk Road. This still troubled image still haunts Bitcoin in some circles, particularly around politicians and older people.
Today, as Bitcoin moves away from its awkward early beginnings, it has largely put its dodgy past behind it and is seen as more of a store of value than a way to commit crimes. When discussing Bitcoin, politicians are more likely to mention its volatile nature and its energy consumption.
Some of Bitcoin’s benefits include:
- Most popular and decentralised cryptocurrency in the world.
- Most secure cryptocurrency (because of its decentralisation).
- Tipped to replace gold as the top store of value and a hedge against inflation.
- Price movements impact the entire crypto market (Bitcoin dominates 41.7% of the crypto market).
- Cuts out third parties such as banks.
- Legal tender in El Salvador and most accepted crypto for payments by merchants.
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
Bitcoin: The Original Cryptocurrency
It could be argued that Bitcoin’s dominance more or less comes down to the fact that it was the first genuinely viable cryptocurrency to be developed. Despite its being somewhat dated when it comes to technical particulars, but the time the likes of Ethereum and Cardano arrived on the scene, BTC simply held too strong a position as the market leader.
Created by the mysterious Satoshi Nakamoto back in 2009, Bitcoin sought to revolutionise the world of finance by offering a secure, decentralised, peer-to-peer digital payment system that removed the need for a bank or financial institution to verify transactions.
Bitcoin was made possible thanks to its underlying blockchain technology. Whilst the concept had existed for several years before Nakamoto’s white paper, it was really Bitcoin that put the technology on the map. As the name suggests, blockchain consists of data blocks, which are verified and added by independent computers on the network.
This mechanism is powered by bitcoin miners - powerful computers that solve complex equations to complete transactions and in turn are rewarded with BTC. Bitcoin’s architecture is, however, much more limited than many that of some later cryptocurrencies and over the years many Bitcoin price predictions have expected BTC to eventually topple. However, at the time of writing that has never come close to being a reality.
Despite many cryptocurrencies appearing more advanced on paper, Bitcoin continues to be the standard against which all other tokens are measured. Anyone who has previously researched whether to invest in Bitcoin will probably already be aware that it is also a major indicator of investor sentiment for the wider market - if Bitcoin goes up, then it often has a knock-on effect for the top altcoins.
Who Created Bitcoin?
Bitcoin was created by Satoshi Nakamoto who disappeared in December 2010 (almost two years after the first BTC transaction). Many people have their suspicions about who he was, and others have come forward claiming to be him, but none have successfully been able to prove it.
For some context, in 2008 a financial crisis shook the world, and many were outraged that the people responsible for it got away — many of the top financial institutions that caused the crisis were even given bailouts to ensure they could continue working. As a result, a significant amount of trust in politicians and financial institutions evaporated.
Nakamoto wanted to create a new system detached from these financial institutions, a peer-to-peer system that would not require banks or other third parties to validate transactions.
Today, Bitcoin’s development is mostly handled through Bitcoin Core, a software client used by developers to perform a number of operations to maintain the Bitcoin network. No one entity controls Bitcoin.
Users can make ‘Bitcoin Improvement Proposals’ (BIPs) to suggest changes and improvements to Bitcoin. These are published on GitHub.
Disagreements over Bitcoin’s development led to the creation of Bitcoin Cash and Bitcoin SV. At both points, supporters from these communities wanted to return to Nakamoto’s original ideas.
Bitcoin’s latest update:
- Taproot — Bitcoin’s first major update since 2017, improves privacy, efficiency, and better enables Bitcoin to facilitate smart contracts.
You can check GitHub for other BIPs, though do note that many will likely be rejected or withdrawn.
What Can You Do With Bitcoin?
Bitcoin was the first cryptocurrency and with its creation came blockchain technology which has applications far beyond transacting value.
Bitcoin is a proof-of-work cryptocurrency and the first of its kind. At the time, this was the only consensus mechanism — proof-of-stake was yet to be invented.
Bitcoin mining has become a huge industry. Several companies have since created ‘mining pools’, which pool their resources together to mine Bitcoin and share the profits. When new blocks are validated, miners are rewarded with a fee plus newly minted BTC. As more people mine Bitcoin, the hash rate increases, and it becomes harder to mine BTC. The amount of Bitcoin minted also decreases every four years in what is known as a ‘Bitcoin halving’.
A public ledger can be used to track transactions. Though users are anonymous, you can track where BTC goes. Funnily enough, people not so educated with Bitcoin often claim that Bitcoin is for making illegal purchases, laundering money, or avoiding taxes, but because of the open ledger, it’s actually easier to trace transactions with Bitcoin than with the current financial system.
Though the idea of Bitcoin has largely remained the same since its launch, on a technological level, there have been some changes, such as the introduction of SegWit and the Lightning Network.
SegWit, short for ‘segregated witness’, was implemented to remove ‘signature’ information from blocks to make transactions smaller and therefore fit more per block, speeding up the number of transactions per block.
The Lightning Network, in short, creates channels between Bitcoin (and Litecoin) users where they can exchange BTC off the chain. This improvement lessens congestion on the Bitcoin network and allows transactions to move faster.
Who Owns Bitcoin?
46 million Americans own BTC out of 106 to 114 million people around the world. This makes Bitcoin the most popular cryptocurrency in terms of users.
Bitcoin is by far the most accepted cryptocurrency by merchants. Some of the largest companies that accept BTC include:
- Microsoft
- Burger King
- Virgin Galactic
- AMC
Many are tech companies, though there are also a wide variety of retailers and restaurants, and charitable organisations too. Some services also accept BTC for gift cards which can then be used to purchase products and services elsewhere.
It’s also worth noting that if Bitcoin is successful in El Salvador, it could increase the number of users by almost 6.5 million.
Does Bitcoin Still Have The Power To Grow?
One important and often overlooked consideration for any Bitcoin price prediction is the increasing attention being paid to the power consumption of cryptocurrencies. “Bitcoin uses more electricity per transaction than any other method known to mankind,” Bill Gates said. “It's not a great climate thing”, he added.
The mining required to maintain the Bitcoin network requires huge amounts of energy - more so than the world's major tech companies that provide entertainment services, including Netflix, Apple, Facebook, Microsoft and Google combined - all of which also require serious amounts of energy to run their platforms.
Many critics are now saying the power consumption from Bitcoin has hard to justify, given that many leading financial figures - including Warren Buffet - have deemed BTC to have no intrinsic value.
So what does this all mean for future Bitcoin price predictions? Anyone looking to invest in Bitcoin at this stage needs to be aware of its environmental impact. As big business, economies and infrastructure move to carbon-neutral operations, Bitcoin’s power consumption may well prove to be its Achilles heel - especially as other cryptos are already seeking to address this as a fundamental scalability issue.
Is Bitcoin A Good Investment?
With current Bitcoin price predictions suggesting that BTC will continue to rise for the foreseeable future, it would be pretty smart to buy now before it gets too expensive.
Considering that Bitcoin has risen from a value of zero to over $68k per coin, it is safe to say that it is a good investment. Bitcoin price predictions suggest the BTC will further appreciate in the coming years.
While Bitcoin has increased massively since its creation, that does not mean that it’s too late to buy. For starters, as a highly volatile asset, you can still profit from price fluctuations in the short-term, and in the long-term, experts strongly suspect that Bitcoin will continue to rise as it becomes more accepted.
An ROI (return on investment) of 31,106.39% is unmistakable evidence that Bitcoin is a profitable investment. Furthermore, price forecasters strongly believe that BTC will rise in the coming years.
The number of prominent Bitcoin supporters only seems to be increasing and with Wall Street financiers buying up more and more BTC, it seems likely that central banks across the globe will eventually greenlight Bitcoin.
Should You Invest in Bitcoin?
Most Bitcoin price predictions are still pointing to further growth over the next few years. There have always been concerns raised over the scalability of BTC, but to date, these have had no real impact on price and Bitcoin has never come close to losing its spot as the top cryptocurrency by value and market capitalisation.
Potentially. Bitcoin (BTC) has been pegged for continued growth - especially over the longer term - and there are few Bitcoin price predictions forecasting any major price dips on the horizon. Of course, you might want to wait it out and see if the price comes down before adding BTC to your portfolio, but then there’s every chance you will miss out on the next bull.
The bottom line is that interest from institutional investors and major corporations appears to be increasing and the majority of reliable Bitcoin price predictions believe this is enough to mitigate any shortcomings with the original cryptocurrency’s infrastructure or scalability issues.
Whether you decide to invest in Bitcoin or not depends on your individual investment goals, but most experts are now advising that portfolios should include at least a small crypto allocation.
If you do decide to invest in Bitcoin, we advise keeping an eye on certain developments - especially those related to power consumption. No one knows what the future may hold and, at the time of writing, Bitcoin seems a good long term investment. But issues like this could turn things around very quickly.
If you’re looking to invest in Bitcoin but are new to the cryptocurrency market, you might need some help in finding out where and how to actually acquire tokens. For the average investor, we believe that eToro has the answer to both questions.
The platform offers trading in all the leading cryptocurrencies and also contains a wealth of information, including how-tos, trading tips and market news. It also has a very accessible interface, meaning even novice users can quickly get to grips with things.
More importantly, eToro is also fully regulated by the FCA, meaning the platform adheres to certain safeguarding and security guidelines - which in turn means that you can trade on the exchange with confidence.
Conclusion — Bitcoin Price Prediction
We’ve covered Bitcoin price prediction in the most comprehensive manner. The essence is to help you understand how the price of the leading crypto asset can change in the coming years. Of course, this piece is aimed at helping you make better decisions.
We’re all pretty aware of Bitcoin’s failings, but its strengths far outweigh them, as our Bitcoin price prediction suggests. First and foremost, if Bitcoin can keep attracting new investors, these issues will become smaller and smaller. The adoption of Bitcoin is key to BTC prediction and forecasts more than anything else.
Bitcoin has proven not to be a bubble several times already. An asset in a bubble doesn’t inflate, pop and then keep growing. BTC is here for the long run.
We hope this article was helpful. Investing in crypto is fraught with risk so a well thought out risk management strategy is needed before you add BTC to your portfolio. Despite this, current trends suggest the value of Bitcoin will ultimately rise by around 2,808% by the year 2030.
In conclusion, it would appear that investors can get the most out of BTC in the long run with the charts suggesting it could be a smart investment for those who are happy to take long-term positions. as our Bitcoin price predictions suggests.
eToro – Best Place to Buy Bitcoin
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
Other Crypto Price Predictions
- MultiversX Price Prediction
- Mina Price Prediction
- Ethereum Price Prediction
- Shiba Inu Price Prediction
- Stellar (XLM) Price Prediction
- Litecoin Price Prediction
- Stacks Price Prediction
- BitDAO Price Prediction
- Aptos Price Prediction
- Ripple Price Prediction
- Toncoin Price Prediction
Here are some important questions investors should be asking themselves right now.
FAQs Bitcoin Price Forecast
Will Bitcoin Go Up?
Current Bitcoin price prediction data and market sentiment strongly imply that we will see an increase in the price of Bitcoin in both the short and long term. Aside from our optimistic Bitcoin price prediction which suggests that BTC will increase over the coming years, historically, Bitcoin’s lows have gotten higher, suggesting an underlying upwards trend.
What Price Could Bitcoin Reach?
According to the latest Bitcoin price prediction, the price of Bitcoin could reach $33,748 by the end of 2023, rising to $54,712 by the end of 2024 and $76,117 by the end of 2025. BTC will then rise to $161,118 in 2027, and $210,923 in 2030.
What is the Bitcoin Price Prediction In 2023?
The value of Bitcoin in 2023 will increase up to $30,700 at the very highest and end the year at $33,000, according to our Bitcoin price predictions. Bitcoin will likely not hit a new all-time high in 2023 (but it might get close).
What is Bitcoin Price Prediction In 2025?
We forecast that 2025 will be the year that Bitcoin smashes past the $70,000 and $75,000 price barriers. At the highest, our 2025 Bitcoin price prediction puts BTC at $75,533.
Will Bitcoin reach $100,000?
After smashing through the $50k and $60k barriers last year, most Bitcoin price predictions are now touting $100k as the next barrier. Several prominent experts, including Citibank analyst Tom Fitzpatrick, had put this forward as a very real possibility. However, analysts have been wrong in the past and it has been suggested that such an exponential rise could herald disaster for the markets in the longer term.
Will Bitcoin (BTC) Reach $1 million?
Bitcoin certainly can reach $1 million per coin, especially if it continues to grow in popularity. At the earliest, our BTC price prediction indicates that $1,000,000 per Bitcoin will happen by 2040.
What Will Bitcoin Be Worth In Five Years?
In the next five years, we have calculated that the price of Bitcoin can touch a high of $100,000. That’s a 373% increase from today price.
What Will Bitcoin Be Worth In 2030?
Most Bitcoin price predictions for 2030 are overwhelmingly bullish. Some experts, including Morgan Creek’s Anthony Pompliano, have gone as far to say that BTC could hit $1m over the next decade or so. Of course, such statements should be approached with some circumspect, but it could be wise to add Bitcoin as part of a diverse, long term strategy.
What Will Bitcoin Be Worth In 10 Years?
Analysts and forecasters have various views on Bitcoin's price in ten years. Some say that the price of Bitcoin may increase to $500,000, while others are much more hopeful predicting that Bitcoin (BTC) could cross the $1,000,000 mark price in ten years.
Is Bitcoin Safe To Buy?
Bitcoin is one of the safest cryptocurrencies to buy. Bitcoin’s blockchain has never been hacked and it has never had downtime. That said, remain cautious of scammers — you’re more likely to lose your BTC to a scammer than by any fault of your own.
Is now a good time to buy Bitcoin?
Bitcoin has been trading at record-prices for most of last year, prompting many investors to ponder holding back until prices come down. However, most Bitcoin price predictions are pointing to further growth - not only this year, but over the next 5, perhaps even 10 years. As such, if you do intend to invest in Bitcoin, now might be the time.
What Will Bitcoin Be Worth In 2040?
Crypto experts estimate that Bitcoin price will continue soaring to reach $1 million by the end of 2040.