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Home Blockchain

Bitcoin Price Prediction 2024, 2025 – 2030: Will BTC Price Hit $200,000?

by DigestWire member
December 21, 2024
in Blockchain, Crypto Market, Cryptocurrency
0
Bitcoin Price Prediction 2024, 2025 – 2030: Will BTC Price Hit $200,000?
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Bitcoin Price Prediction

The post Bitcoin Price Prediction 2024, 2025 – 2030: Will BTC Price Hit $200,000? appeared first on Coinpedia Fintech News

Story Highlights

  • The Bitcoin price today is  $ 99,158.52055537.
  • The BTC price hits $108,268.45, eyes to achieve the $110,000 mark this year.
  • Increased adoption could push the BTC price beyond $600k by 2030.

The U.S. FED has cut the rates by 25 basic points, resulting in the target range of 4.25 – 4.50. Following this, the cryptocurrency market has experienced a major pullback with top tokens recording a negative price action.

With this, the price of Bitcoin has plunged below its $100k mark with a drop of over 4% this week. Moreover, with a 24-hour trading volume of $95.656 billion, it is currently trading at a discount of 9.81% from its ATH of $108,268.45.

Amidst the volatility, questions like, “What’s next for Bitcoin price after 100k?”, “Will Bitcoin go back up?”, or “How high can BTC price go?” are surfacing yet again! This comprehensive Bitcoin Price Prediction solves such doubts.

Table of contents

  • Story Highlights
  • Overview
  • Bitcoin Price Prediction 2024
  • Michael Saylor’s Proposal For Bitcoin Framework
  • Bitcoin Price Prediction 2025
  • Bitcoin Crypto Price Prediction 2026 – 2030
    • Bitcoin Crypto Price Forecast 2026
    • BTC Price Prediction 2027
    • Bitcoin Predictions 2028
    • BTC Price 2029
    • Bitcoin Price Prediction 2030
  • Bitcoin Prediction: Analyst and Influencer’s BTC Price Target
  • CoinPedia’s Bitcoin (BTC) Price Prediction
  • Bitcoin Historic Price Sentiments
  • FAQs

Overview

Cryptocurrency Bitcoin
Token BTC
Price  $ 99,158.52055537 top gainer 1.54%
Market cap  $ 1,963,245,398,828.56
Circulating Supply  19,799,059.00
Trading Volume   $ 95,799,019,976.7720
All-time high $108,268.45 on 17th December 2024
All-time low $0.04865 on 15th July 2010

Bitcoin Price Prediction 2024

With a bull run for most of Q1, Q2, and Q3 of 2024, the buyers are confidently taking bullish positions in Bitcoin. As the uptrend peaks at $108,268.45 and sustains dominance above $95,000, the bull run could gain momentum.

Bitcoin Price Prediction 21st December 2024
TradingView: BTC/USDT

If the largest cryptocurrency by market cap experiences a strong bullish reversal, the BTC price could surpass its current all-time high and conclude the year with a high of $110,000. Conversely, a bearish setback could pull the price toward its low of $81,000.

Considering the present market sentiments, the average price of Bitcoin could settle at around the $95,500 mark.

Year Potential Low Potential Average Potential High
2024 $81,000 $95,500 $110,000

Also Read: What is Bitcoin? An In-Depth Guide To The King Of Digital Currencies

Bitcoin ETF Update

On 20th December 2024, BlackRock’s “IBIT” recorded a neutral flow for the second consecutive day. Notably, only 2 ETFs recorded a positive flow by adding a combined value of $12 million.

Conversely, Ark’s “ARKB” recorded the highest loss of $87 million, followed by Fidelity’s “FBTC” with $71.9 million. With this, the total Bitcoin ETF flow for 20th December was -204.3 million. With this, the largest cryptocurrency ETF has experienced a negative flow for the 2nd consecutive day.

Michael Saylor’s Proposal For Bitcoin Framework

Michael Saylor, in a recent interview with CNBC, has proposed a solution for the U.S. $36 Trillion national debt. He compared Bitcoin to the purchase of Manhattan, describing it as the “economic capital of the digital world.”

He believes Bitcoin can be 100x, making now the best time for the U.S. government to invest. To capitalize on Bitcoin’s growth, Saylor proposed to establish a strategic Bitcoin reserve.

By holding 20 – 25% of national reserves in Bitcoin, the U.S. dollar could strengthen and drive economic growth. He pointed to MicroStrategy as a proven model for success for the aggressive Bitcoin acquisition strategy.

Bitcoin Price Prediction 2025

As Donald Trump won the U.S. election in 2024, the adoption of this digital asset witnessed a meteoric rise during the last leg of 2024. Moreover, countries such as the U.S., China, the U.K., El Salvador, and Ukraine have a Bitcoin reserve of 470,283 BTCs worth billions of dollars.

Further, countries like Argentina, Singapore, Vietnam, and UAE are actively supporting this technology, the BTC price is expected to gain significant traction during the upcoming time.

Successively, on a positive note, BTC is expected to create a high of $169,046. If things go south, we can expect a low of $85,000. That being said, the average Bitcoin price projection for 2025 will potentially be $127,023.

Year Potential Low Potential Average Potential High
2025 85,000 127,023 169,046

Bitcoin Crypto Price Prediction 2026 – 2030

Year Potential Low ($) Potential Average ($) Potential High ($)
2026 111,156 152,031 192,907
2027 138,697 189,127 239,558
2028 174,662 261,222 347,782
2029 201,355 330,361 459,368
2030 238,152 424,399 610,646

Bitcoin Crypto Price Forecast 2026

The BTC price range in 2026 is expected to be between $111,156 and $192,907. Moreover, the average price is projected to be $152,031.

BTC Price Prediction 2027

Subsequently, the Bitcoin price range can be between $138,697 to $239,558 during the year 2027. Furthermore, the average price is expected to be $189,127, indicating a relatively stable bullish period for Bitcoin.

Bitcoin Predictions 2028

With the next Bitcoin halving, the Bitcoin price will see another bullish spark in 2028. Specifically, as per our Bitcoin Price Prediction, the potential BTC price range in 2028 is $174,662 to $347,782. The average price is also expected to be $261,222, demonstrating continued positive momentum.

BTC Price 2029

Thereafter, the BTC price for the year 2029 could range between $201,355 and $459,368. The average price is projected to be $330,361, indicating a significant rise in Bitcoin’s value.

Bitcoin Price Prediction 2030

Finally, in 2030, Bitcoin prices are predicted to maintain a positive trend. Indeed, the BTC price is expected to reach a new all-time high, ranging between $238,152 and $610,646. In conclusion, the average cost is expected to be $424,399.

Bitcoin Prediction: Analyst and Influencer’s BTC Price Target

Firm Name 2025 2026 2030
Wallet Investor $136,367 $166,793 –
DigitalCoinPrice $246,760 $379,975 $772,178
priceprediction.net $145,425 $217,543 $1,027,698
  • As per the Bitcoin forecast by Blockware Solutions, the price of 1 BTC could hit $400,000
  • Cathie Wood predicts the price of Bitcoin to achieve the $3.8 million mark by 2030.
  • Michael Saylor-led MicroStrategy expects Bitcoin to soar beyond $13 million by 2045.

CoinPedia’s Bitcoin (BTC) Price Prediction

Firstly, at CoinPedia, we feel optimistic about Bitcoin’s price increase. Hence we expect the BTC price to create a 2025 high of ~$170,000.

Year Potential Low Potential Average Potential High
2025 85,000 127,023 169,046

Bitcoin Historic Price Sentiments

Analyzing BTC’s historic price sentiment is suitable for rightly interpreting the indications we encounter while analyzing its future price sentiment. 

TradingView: BTC/USDT

In a nutshell, optimism and hope around Bitcoin have continued to grow ever since its launch. And now, with the institutions coming together, the outcome of the fourth Bitcoin halving is a crucial turning point.

Also read, Ethereum Price Prediction 2024 – 2030 for long-term price targets!

FAQs

What is Bitcoin’s price prediction today?

The BTC price may range between $92,000 and $100,000 for today.

What is the Bitcoin price prediction for tomorrow?

If the bullish sentiment sustains, the star crypto may continue gaining value tomorrow.

What is the Bitcoin price prediction for next week?

Considering the present market sentiments, the BTC token may retest its $110k, making it a jump of ~12% in valuation.

What is the Bitcoin price prediction for this month?

With a potential surge, the Bitcoin (BTC) price may close the month with a high of $110,000.

Why is Bitcoin Price up today?

Amid increased whale activity and adoption, the price of Bitcoin token has achieved a new ATH of $108,268.45 on 17th December 2024.

How much will 1 Bitcoin be worth in 2025?

As per Coinpedia’s BTC price prediction, 1 BTC could peak at $169,046.

How much will $1 Bitcoin be worth in 2030?

In 2030, the price of 1 Bitcoin could reach a height of $610,646.

What will Bitcoin be in 10 years?

Projecting a 10-year growth in a volatile asset like Bitcoin seems a far-stretched notion. The BTC price is expected to cross $600,000 by 2030. With global adoption, Bitcoin could be worth 1 million dollars.

How much is Bitcoin today?

At the time of writing, 1 Bitcoin value was $98,250.38.

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