Bitcoin Price Prediction 2024-2030: Expert Analysis and More
The crypto industry has experienced the effects of the shaky global economy, which has made Bitcoin hold the $58,000 support level. If the price of BTC fails to sustain above the $60,000 mark, the negative features on the daily chart indicate a further fall to $55,000.
Therefore, Starcoin's Q3 may be slower than expected. Moreover, a slowdown in the US tech giant could further fuel BTC's southern price run.
Amid uncertainty, like, is Bitcoin ready to hit the $100K mark, will the BTC price rebound, or where will it be in five years? They're showing up again! This comprehensive Bitcoin price prediction solves such doubts.
Overview
-2.77% Market Value $ 1,153,844,726,194.1155 Trading Volume $21,366,878,355.4736 Turnover Supply 19,742,090.0000 All Time High $68,789.63 Nov 210, 0-201 024 High $ 0.000024 Low $ 0.0000Bitcoin Price Prediction August 2024
After finishing the week on a positive note, the market leader, the price of BTC showed a strong bearish trend in the early Asian trading hours on Monday. This caused the price of Bitcoin to lose approximately 2% and retest the important $58,000 support.
If the bullish dominance continues at $60K, the Bitcoin market price may stabilize at the $66,726.25 mark by the end of this month. Conversely, $53,446.50 is the next critical support area.
Also read: What is Bitcoin? An in-depth guide to the digital currency king
BTC price target Q3 2024
In the current market situation, if the bulls keep the price above the $60K mark, the price of Bitcoin is set to test the resistance level above $66,000. Additionally, a breakout from the triangle pattern could rear its head towards an all-time high (ATH) of $73,750.07 by the end of Q3.
On the other hand, if the bear continues to dominate the crypto space, this star could cause the crypto to fall towards the lower support level of $46,146.75.
2024 Bitcoin price prediction
For most of the 2024 Q1 and Q2 bull run, buyers are confidently taking bullish positions in Bitcoin. As the bull run rises above $72,000 and continues to dominate above $58,000, the bull run may accelerate.
Increasing expectations of interest rate cuts in the US market will strengthen the BTC price increase. Therefore, 2024 is expected to be a high of around $120,000 and a low of $35,000 for Bitcoin.
2025 Bitcoin price prediction
With the launch of Bitcoin-related financial services and the spark of global adoption of Bitcoin, BTC prices expect a bullish trend in 2025.
The cryptocurrency is expected to make a high of $140,449 with a low of $61,357. Therefore, the average Bitcoin price forecast for 2025 could be $95,903.
Bitcoin Price Prediction 2026 – 2030
Bitcoin Crypto Price Prediction 2026
In 2026, the BTC price range is expected to be between $82,522 and $155,284. Moreover, the average price is estimated to be $115,569.
BTC Price Prediction 2027
Next, Bitcoin's price range is likely to be between $152,837 and $169,047 in 2027. Beyond that, the average price is expected to be $160,942, indicating a relatively stable bullish period for Bitcoin.
Bitcoin price target 2028
In the 5th half, the price of Bitcoin will see another flash in 2028. Specifically, according to our Bitcoin price forecast, the BTC price range in 2028 is $174,063 to $192,908. The average price is also expected to be $183,485, indicating continued positive movement.
BTC price 2029
After that, the price of BTC can reach between $204,634 and $239,559 in 2029. The average price is estimated to be $222,096, indicating a significant increase in the price of Bitcoin.
2030 Bitcoin price prediction
Finally, in 2030, Bitcoin prices are predicted to maintain a positive trend. In fact, the price of BTC is expected to reach a new high between $277,751 and $347,783. In summary, the average cost is expected to be $312,767.
Bitcoin Market Price Forecast: Analyst and Influencer BTC Price Target
According to estimates of Blockware Solutions, the price of 1 BTC can reach 400,000 dollars. The author of Rich Dad, Poor Dad, Robert Kiyosaki, estimates that the price of Bitcoin will exceed 100,000 dollars this year. Adam Back supports and expects Bitcoin forecast. All-time high over $100,000.
CoinPedia's Bitcoin (BTC) price forecast
First, at CoinPedia, we feel optimistic about Bitcoin's price increase.
Therefore, we expect the BTC price to form a 2024 high of $120,000.
Bitcoin Historical Price Sentiments:
Analyzing BTC's historical price sentiment is ideal for accurately interpreting the signals we encounter by analyzing its future price sentiment.
In short, the optimism and hope surrounding Bitcoin has continued to grow since its inception. And now, when the institutions come together, the fourth bitcoin halving is a critical turning point.
Questions to be asked
At the time of publication, 1 BTC was $58,462.63.
A bitcoin halving ensures that the amount of mined bitcoins will decrease over time, making BTC more scarce and increasing its value.
As Bitcoin halves, the price of Bitcoin rises.
The expected value of Bitcoin in 2024 ranges from $35,000 to $120,000, with an average of $77,500.
BTC price is expected to reach a high of $120,000 and a low of $35,000 in 2024.
According to Coinpedia's Bitcoin price forecast, 1 BTC could go up by $140,449.
In 2030, the price of 1 Bitcoin can reach a height of 347,783 dollars.
After the fourth Bitcoin Halving, the BTC price trend has gradually gained momentum. According to historical records, the price of BTC is expected to rise again and reach the $100K mark.
Projecting a 10-year boom in a volatile asset like Bitcoin seems like a far stretch. However, the price of BTC is expected to exceed $300,000 by 2030. With global adoption, a single bitcoin can cost a million dollars.
The fall of 2020 started with Bitcoin at $10,501 with support at $3850. Assuming you bought at the peak, your $100 investment will grow by 1,607%. In short, your investment will be worth $1,701.
