Bitcoin Price Prediction 2024-2030: Will BTC Price Cross The $100K Milestone Post-Halving?

Bitcoin Price Prediction

The post Bitcoin Price Prediction 2024-2030: Will BTC Price Cross The $100K Milestone Post-Halving? appeared first on Coinpedia Fintech News

Story Highlights

  • Bitcoin price today is 69,884.0478
  • If Bitcoin sustains above $40K, the BTC price prediction for 2024 predicts it to reach $120,000.
  • The Bitcoin price forecast 2030 projects a meteoric recovery in BTC price to reach $347,783.

As the BTC price attempts a bullish comeback to surpass the psychological mark of $70,000, the crypto market prepares for a comeback. With Bitcoin making waves under $70,000, the underlying sentiments are taking a bullish shift.

With Bitcoin gradually gaining momentum after a bearish month despite the Halving event, the oldest crypto is under pressure. As Bitcoin is overcoming the pullback phase, expectations for $100K are resurfacing in the market.

With the markets filled with high hopes, questions arise, such as: “Is Bitcoin ready to reach the $100K mark?” or “Will Bitcoin ever go up?” or “Where will Bitcoin be in 5 years?”

We bring our comprehensive Bitcoin Price Prediction 2024-2030 to solve such doubts.

Overview

Cryptocurrency Bitcoin
Token BTC
Price  $ 69,884.04782289 green 1.51%
Market Cap  $ 1,377,017,711,081.5227
Trading Volume  $ 24,445,841,182.0778
Circulating Supply  19,704,321.0000
All-time High $68,789.63 Nov 10, 2021
All-time Low $0.04865 Jul 15, 2010
24 High  $ 63,429.0300
24 Low  $ 60,630.0000

Bitcoin Price Prediction June 2024

With the 3.16% crash as the FOMC meeting comes closer, the BTC price tests the 50D EMA and breaks below the $68,000 mark. Currently, the biggest crypto trades at $67,508 and reveals a fractured support trendline of the recovery rally.

Further, the BTC price action reveals the sellers undermining the inverted head and shoulder pattern in the daily chart. Even the MACD and signal line emerge in bearish alignment with the overnight fall in Bitcoin.

If the bullish dominance fails to bounce back the market price from the dynamic 50D EMA, the downfall might extend to test $60,760 this month. However, a bullish comeback can rechallenge the overhead resistance trendline and reclaim the $70,000 mark.

Bitcoin Price Prediction Potential Low Potential Average Potential High
Bitcoin Price Prediction June 2024 $60,000 $66,412 $71,613

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

Derivatives Analysis

In the past week, long position traders have dominated, with funding rates at 0.01493545.

Open interest has risen by 0.88% over the last seven days, indicating increased market activity and volatility, supporting the current price trend. Notably, $6.684 million in short positions were liquidated in the last 24 hours, compared to $5.857 million in long positions.

Bitcoin Price Prediction 2024

With a bull run for the most part of Q1 and Q2 of 2024, the buyers are confidently taking bullish positions in Bitcoin. As the uptrend makes a peak at $72,000 and sustains dominance above $60,000, the bull run could gain momentum.

With the rising hopes for interest rate cuts in the US market will bolster BTC’s price uptrend. Therefore, 2024 is highly anticipated to be a bullish year for Bitcoin, with a potential high of around $120,000 and a potential low of $35,000.

Bitcoin Price Prediction Potential Low Potential Average Potential High
Bitcoin Price Prediction 2024 $35,000 $77,500 $120,000

Bitcoin Price Prediction 2025-2030 

Bitcoin Price Prediction Potential Low ($) Average Price ($) Potential High ($)
2025 61,357 95,903 140,449
2026 82,522 115,569 155,284
2027 152,837 160,942 169,047
2028 174,063 183,485 192,908
2029 204,634 222,096 239,559
2030 277,751 312,767 347,783

Bitcoin Price Prediction 2025

With the launch of potentially more Bitcoin-related financial services and the global adoption spark of Bitcoin, BTC prices will maintain a bullish trend in 2025. The cryptocurrency is expected to create a high of $140,449 with a low of $61,357. Therefore, the average Bitcoin price prediction for 2025 will potentially be $95,903. 

Bitcoin Price Prediction 2026

Firstly, according to Bitcoin Price Prediction 2026, the BTC price range in 2026 is expected to be between $82,522 and $155,284. Moreover, the average price is projected to be $115,569.

BTC Price Prediction 2027

Subsequently, as per BTC Price Prediction for 2027, the Bitcoin price range can be between $152,837 to $169,047. Furthermore, the average price is expected to be $160,942, indicating a relatively stable bullish period for Bitcoin.

Bitcoin Price Prediction 2028

With the 5th Halving, the Bitcoin price will see another bullish spark in 2028. Specifically, as per Bitcoin Price Prediction 2028, the potential BTC price range in 2028 is $174,063 to $192,908. The average price is also expected to be $183,485, demonstrating continued positive momentum.

BTC Price Prediction 2029

Thereafter, as per BTC Price Prediction 2029, the BTC price will range between $204,634 and $239,559. The average price is projected to be $222,096, 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 $277,751 and $347,783. In conclusion, the average cost is expected to be $312,767.

Bitcoin Market Price Prediction: Analyst and Influencer’s BTC Price Prediction

Firm Name 2024 2025
Gov.Capital $91,245 $123,352
DigitalCoinPrice $78,717 $110,963
Trading Beasts $88, 632 $154,435
  • As per the speculations of Blockware Solutions, the price of 1 BTC could hit $400,000.
  • The author of Rich Dad, Poor Dad, Robert Kiyosaki, speculates the Bitcoin price will cross $100,000 this year.
  • Adam Back supports the bullish prediction of Bitcoin and expects an all-time high above $100,000.

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 2024 high of $120,000.  

Bitcoin Price Prediction Potential Low Potential Average Potential High
Bitcoin Price Prediction 2024 $35,000 $77,500 $120,000

ChatGPT Predicts Bitcoin Price To Cross $1 Million 

Furthermore, using the above Bitcoin Halving table, we asked ChatGPT to calculate the potential jump in Bitcoin after the 2024 halving. Using AP and GP, the AI estimates the Bitcoin price post-halving to jump 290% or 4,160% this year.

Rounding off the current Bitcoin price to $65,500, AI predicts Bitcoin will boom in 2024 after the fourth Bitcoin Halving. As per the arithmetic progression viewpoint, the price of BTC could hit $255,450. Optimistically, the Bitcoin price could scale to $2,790,464 per G.P.

Bitcoin Historic Price Sentiments 2008 – 2024

Analyzing the historic price sentiment of BTC is suitable for rightly interpreting the indications we come across while analyzing its future price sentiment.  

In a nutshell, the optimism and hope around Bitcoin have continued to grow ever since its launch. And now, with the institutions coming together with the 4th Bitcoin halving as a crucial turning point.

FAQs

How much is 1 Bitcoin worth?

At the time of publishing, the price of 1 BTC was $65,509.

Why is Bitcoin halving done?

Bitcoin halving ensures that the amount of mineable Bitcoin reduces over time, making BTC more scarce and increasing its worth.

Will the Bitcoin price go back up?

Bitcoin price will surge with the Bitcoin halving coming closer.

What is the projected price of Bitcoin in 2024?

The projected price of Bitcoin in 2024 will range between $35,000 and $120,000, with an average of $77,500.

What is the projected cost of Bitcoin in 2024?

For 2024, the BTC price will have a projected high of $120,000 and a potential low of $35,000.

How much will 1 Bitcoin be worth in 2025?

As per Coinpedia’s Bitcoin price prediction, the price of 1 BTC could peak at $140,449.

How much will $1 Bitcoin be worth in 2030?

In 2030, the price of 1 Bitcoin could reach a height of $347,783.

Will BTC rise again?

After the fourth Bitcoin Halving, the BTC price trend has slowly gained bullish momentum. As per the historical records, the BTC price is expected to rise again and hit the $100K mark.

What will Bitcoin be in 10 years?

Projecting a 10-year growth in a volatile asset like Bitcoin seems a far-stretched notion. However, the BTC price is expected to cross $300,000 by 2030. With global adoption, a single Bitcoin could be worth a million dollars.

If I had invested $100 in 2020 fall, what it be worth now?

The 2020 fall in Bitcoin found support at $3850 and started at $10,501. Considering you bought at the peak, your $100 investment would have increased by 1607%. In short, your investment would be worth $1,701.

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