BTC Price Predictions
Featured prediction **Nov 1st**
- ALERT – Today, we revise upward our BTC price forecast for 2025. Bitcoin’s predictive research for 2025 suggests a higher than predicted trading range: $65,910 to $125,000. The average predicted price for 2025 is $95,455
BTC predictions from 7 top forecasters:
- A selection of 7 experts are unanimously bullish on Bitcoin: consensus BTC price predictions around $200,000 by 2025. While aggressive, these BTC forecasts for 2025 seem realistic given the bullish nature of the long term chart pattern.
InvestingHaven’s forecaster:
- InvestingHaven’s BTC forecast 2025 assumes its bullish cup and handle chart pattern to resolve higher because recent price drop respected the most bullish Fibonacci level $50,882. This leads to bullish BTC price targets for 2025 above $125,000.
Table of contents
- 27 Bitcoin Predictions on One Chart
- BTC Price Predictions by Top Forecasters
- BTC Price Forecasts by InvestingHaven
- BTC Price Predictions from Institutions
- BTC Price Predictions from Banks
- BTC Price Predictions Online
- BTC Price Predictions: Industry Study
- Bitcoin to $1 Million Prediction
- Bitcoin Price Drop Predictions
- Bitcoin Price Prediction Tomorrow
- Bitcoin Predictions day-by-day
- Bitcoin Historical Prices
- FAQs
Bitcoin price predictions overview
Year | BTC price prediction |
---|---|
2024 | $62,120 - $73,000 |
2025 | $65,910 - $125,000 |
2026 | $91,912 - $155,002 |
2027 | $210,000 |
2028 | $250,000 |
2029 | $300,000 |
2030 | $300,000 |
2040 | $550,000 |
Bitcoin’s chart pattern prediction: a giant bullish cup and handle chart pattern which has to resolve higher for BTC predictions to be validated. Invalidation: BTC falls + and stays < $29,217.
27 Bitcoin predictions summarized in one chart
Bitcoin predictions: bullish target areas for 2025
BTC predictions from top forecasters
Our selection of the most reliable and reputable Bitcoin forecasters – premium BTC forecasts
Bitcoin predictions for by a selection of premium Bitcoin forecasters are all bullish. The Bitcoin price prediction of this group of experts is unanimously bullish with Bitcoin targets up to $200,000 for 2025.
Our assessment – This is a group composed by highly reliable experts, selected based on our expertise. Their viewpoint is solid, often also unbiased because they communicate as individuals (not as an organization or institution).
Forecasters | Bitcoin price predictions |
---|---|
Mike Novogratz | Bitcoin prediction new all-time highs in 2024. |
Peter Brandt | BTC forecast for 2025 of $200,000. |
Gerber Kawasaki | Bitcoin prediction directionally bullish, no specific price target given. |
Taki Tsaklanos | Bitcoin prediction north of $120,000. |
Samson Mow | Bitcoin prediction directionally bullish, no specific price target given. |
Tone Vays | BTC forecast with lows of $39,000 enabling a bullish BTC forecast 2025 of $200,000. |
Larry Fink, BlackRock CEO | Bitcoin prediction directionally bullish, no specific price target given. |
InvestingHaven’s Bitcoin Price Forecast for 2024
InvestingHaven’s forecasting track record speaks for itself. The level of accuracy is unusual considering the highly contrarian nature of our market calls.
- In September 2023, when BTC was trading at $26k, when ‘nobody’ was interested nor talking about crypto, InvestingHaven wrote: “Our base forecast for BTC in 2024 is $45,600 with a bullish forecast $66,000. We expect Bitcoin to move to all-time highs in 2025.”
InvestingHaven’s BTC price forecast for 2024, chart provided below:
- InvestingHaven’s Bitcoin price forecast for 2024 is based on the cup and handle chart pattern. In 2024, BTC dropped to its most bullish Fibonacci level: $50,882. BTC price action in 2024 confirms a very bullish 2025.
InvestingHaven’s Bitcoin Price Forecast for 2025
Below is the long term Bitcoin chart. It suggests that a cup and handle chart formation is underway. If true, BTC is now working on the ‘handle’ which should be completed late 2024 / early 2025 which will be super bullish for BTC in 2025.
- InvestingHaven turns very bullish with its Bitcoin price prediction 2025: as the 25% Fibonacci retracement levels was respected, BTC will resolve much higher in 2025. Bitcoin’s long term bullish chart pattern suggests a minimum of $65,910 and maximum above $125,000. Stretched bullish target: $150,000 to $175,000.
November 1st – Our leading indicator BTC to Nasdaq ratio broke out this week. This happened on breakout above the falling trendline on the BTC chart. This favors a bullish BTC price prediction for 2025 with targets above $125,000 to be hit in the period 2025 to 2026.
Bitcoin price predictions for 2025:
Year | Price move | BTC price forecast |
---|---|---|
2025 | Lows to highs | $65,910 - $125,000 |
2025 | Stretched target | $150,000 - $175,000 |
2025 | Buy the dip | < $65,910 |
2025 | Invalidation | < $29,830 |
When Will Bitcoin (BTC) Rise To $100,000? Read our analysis here.
BTC predictions from institutions
Bitcoin predictions from financial institutions that are engaged in crypto markets – obviously very bullish
Crypto-focused financial institutions are unanimously bullish on Bitcoin predictions. Many of these institutions avoid specific targets but they predict significant upside potential in Bitcoin’s price. Those with Bitcoin targets see BTC rising well above $100,000 by 2025.
Our recommendation – We advise to be mindful of bias in predictions by institutions that are fully dependent for their revenue on the crypto market.
Specialized institutions | Bitcoin price predictions |
---|---|
Galaxy Digital | Bitcoin outlook directionally bullish. Bitcoin forecast up to $150,000. |
Fidelity | Bitcoin forecast directionally bullish, no specific price target given. |
VanEck | Bitcoin forecast directionally bullish, new all-time highs forecasted for BTC. |
Pantera Capital | Bitcoin price prediction up to $148,000. |
Grayscale | Bitcoin forecast directionally bullish, no specific price target given. |
Blackrock | Bitcoin forecast directionally bullish, no specific price target given. |
Matrixport | Bitcoin prediction suggests a drop to $45,000 enabling a bullish trend to $125,000. |
Bitwise | Bitcoin prediction 2024 up to $80,000. |
Bernstein | Bitcoin prediction 2025 up to $150,000. |
Microstrategy | Bitcoin prediction 2025 up to $125,000. |
Bitcoin price predictions from traditional banks
Bitcoin predictions from traditional investment banks – it depends their crypto affinity
Bitcoin predictions from traditional investment banks vary from very bearish to mildly bullish. Some important findings:
- What is striking is that several of them are actively exploring offering Bitcoin-related services, which indicates that there is a growing interest from that group to benefit from Bitcoin’s secular uptrend.
- Banks that are not actively looking to offer crypto services tend to be much less bullish to even outright bearish.
Our recommendation – We advise to be mindful of bias in predictions by investment banks.
Investment banks | Bitcoin price predictions |
---|---|
JP Morgan | Neutral to bearish with minimum Bitcoin forecast 2024 of $42,000 and Bitcoin target for 2025 of $45,000. |
Deutsche Bank | Outright bearish with a Bitcoin forecast 2024 of $20,000. |
Goldman Sachs | Directionally bullish BTC outlook because of institutional adoption. |
Morgan Stanley | Directionally bullish BTC outlook because of institutional adoption. |
Standard Chartered | Directionally bullish with a long term Bitcoin forecast of $100,000. |
BTC predictions from popular online outlets
Bitcoin predictions by popular online outlets using machine learning
The Bitcoin price prediction shared by popular online outlets typically use machine learning models:
- They don’t tend to predict a dip which is not realistic, markets don’t move in one straight line.
- Most often, it’s very hard to spot a turning point in those BTC predictions which is not convenient.
Our recommendation – We do know from experience that machine learning models have a capacity to accurately predict the short term but require a bias to predict the long term, be mindful of this also when assessing our own predictive model’s output.
Online popular outlets | Bitcoin predictions 2025 (updated Sept 2024) |
---|---|
CoinDCX | Minimum $80,000 - maximum $95,000 |
Coinpedia | Minimum $61,000 - maximum $135,000 |
Coincodex | Minimum $60,00 - maximum $177,000 |
30rates.com | Minimum $52,000 - maximum $133,000 |
Changelly | Minimum $59,000 - maximum $100,000 |
A cross-industry study of Bitcoin predictions
Industry participants | Bitcoin price predictions |
---|---|
Premium crypto forecasters | Unanimously bullish. BTC forecasted highs $80,000 to $100,000 for 2024, lows for not lower than $45,000. BTC targets 2025 up to $200,000. |
Financial institutions specialized in crypto | Unanimously bullish. BTC forecasted around $200,000. BTC lows for 2024: potentially $40,000. |
InvestingHaven's top forecaster | Very bullish long term with BTC target north of $150,000. Potential BTC lows for 2024 either $41,000 or slightly lower (worst case). |
Traditional banks | Very bearish to mildly bullish. Banks with Bitcoin offerings are more bullish than their peers. |
Popular online outlets | Potential BTC lows of 2024: $40,000. Potential BTC highs for 2024: from $78,000 to $120,000. |
Bitcoin price drop prediction
A drop in Bitcoin’s price, during the seasonally weak period Sept/Oct 2024, would be healthy provided key levels will be respected:
- A Bitcoin price drop will be ‘bullish‘ provided the 61.8% Fibonacci level of $41,979 will be respected
- A Bitcoin price drop will be ‘super bullish‘ if the 75% Fibonacci level $50,882 will act as a support.
BTC price drop | Fibonacci level & outcome | Predicted probability |
---|---|---|
$50,882 | 25% - very bullish | High |
$41,979 | 38.2% - bullish | High |
$35,347 | 50% - bullish | Medium |
$29,830 | 61.8% - bearish | Low |
$24,666 | 75% - bearish | Low |
TIP – One of the best kept secrets of whales is that they love to buy low. The general public tends to be afraid when prices drop. Remember, a Bitcoin price drop is not a bad thing as long as bullish Fibonacci levels are respected. Maximizing profits over time requires a ‘buy low, sell high‘ practice.
Bitcoin to $1 million predictions
Can Bitcoin ever hit $1,000,000?
Based on an in-depth analysis, the conclusion is that Bitcoin will not hit $1 million before 2030. It’s not realistic given the state of its blockchain (in terms of performance, speed, scalability), regulations, economic conditions, market dynamics. Moreover, the valuation of Bitcoin at $1 million is out of synch with valuation of global economies, companies, other asset classes.
Who is predicting Bitcoin to hit $1 million?
Be careful with Bitcoin to $1 million predictions. The people forecasting BTC to $1,000,000 either have no track record forecasting Bitcoin or use a thesis that is based on incorrect market dynamics. Obviously, there are forecasts made as click baits; they are not backed by a methodology nor rational framework.
Can BTC ever hit $1,00,000? Read InvestingHaven’s in-depth analysis.
Bearish Bitcoin predictions
Bearish Bitcoin price predictions
The most bearish Bitcoin prediction comes from Deutsche Bank: $20,000 this year. Other more serious analysts like Dan Dolev from Mizuho Securities predicts Bitcoin the $30,000 range. Peter Brandt rates this scenario a 25% probability but adds that a Bitcoin price drop might eventually have a very bullish outcome.
Bitcoin crash predictions
Perma-bears argue that Bitcoin will crash. They are saying so for 8 years while Bitcoin continued moving higher. Top Bitcoin crash predictions come from Nouriel Roubini, Bill Clinton’s former senior economist. Given his disastrous ‘track record’ forecasting Bitcoin, his Bitcoin crash prediction is a way to attract attention.
BTC prediction tomorrow
Bitcoin price prediction tomorrow:
Today, Bitcoin trades at 77215.97887005. Tomorrow, November 9, 2024, BTC is forecasted to move to 75568.27, a change of -2.13%.
Bitcoin predictions day-by-day
Over the next 30 days, Bitcoin is predicted to see the following price range:
BTC prediction | Minimum | Average | Maximum |
---|---|---|---|
November 9, 2024 | $69445.34 | $83100.19 | $83100.19 |
November 10, 2024 | $68265.96 | $81670.28 | $81670.28 |
November 11, 2024 | $67781.88 | $81087.84 | $81087.84 |
November 12, 2024 | $67682.75 | $80968.37 | $80968.37 |
November 13, 2024 | $67505.56 | $80755.69 | $80755.69 |
November 14, 2024 | $65704.18 | $78614.46 | $78614.46 |
November 15, 2024 | $64640.86 | $77323.9 | $77323.9 |
November 16, 2024 | $64400.09 | $77031.43 | $77031.43 |
November 17, 2024 | $64270.5 | $76874.52 | $76874.52 |
November 18, 2024 | $64027.24 | $76582.01 | $76582.01 |
November 19, 2024 | $62583.24 | $74873.7 | $74873.7 |
November 20, 2024 | $61887.27 | $74023.12 | $74023.12 |
November 21, 2024 | $61599.45 | $73673.76 | $73673.76 |
November 22, 2024 | $61603.15 | $73675.61 | $73675.61 |
November 23, 2024 | $61480.75 | $73527.17 | $73527.17 |
November 24, 2024 | $60309.86 | $72148.94 | $72148.94 |
November 25, 2024 | $59782.94 | $71501.05 | $71501.05 |
November 26, 2024 | $59463.65 | $71113.61 | $71113.61 |
November 27, 2024 | $59527.67 | $71187.13 | $71187.13 |
November 28, 2024 | $59287.7 | $70897.75 | $70897.75 |
November 29, 2024 | $58571.61 | $70065.61 | $70065.61 |
November 30, 2024 | $57958.59 | $69315.15 | $69315.15 |
December 1, 2024 | $57891.01 | $69228.46 | $69228.46 |
December 2, 2024 | $57854.78 | $69181.75 | $69181.75 |
December 3, 2024 | $57571.67 | $68840.51 | $68840.51 |
December 4, 2024 | $56987.42 | $68167.41 | $68167.41 |
December 5, 2024 | $56661.36 | $67760.54 | $67760.54 |
December 6, 2024 | $56392.9 | $67433.38 | $67433.38 |
December 7, 2024 | $56237.58 | $67244.01 | $67244.01 |
December 8, 2024 | $56206.43 | $67203.88 | $67203.88 |
Current Bitcoin price
Bitcoin price, trading, market cap (source):
Symbol: BTC |
Name: Bitcoin |
Price: $77215.97887005 |
Circulating supply: 19779568.00000000 |
Total supply: 19779568.00000000 |
Volume 24h: 57636980879.37700000 |
Percent change 1h: 0.442% |
Market cap: 999999999999.99999999 |
Bitcoin Historical Prices
2010: The Genesis Block
Bitcoin made its debut in 2010, with its first recorded price at just $0.003 per BTC. Trading was limited, and few recognized its potential. Despite the humble beginnings, Bitcoin laid the groundwork for a revolution in digital finance. The first block was actually mined in 2009, with the words “The Times 03/Jan/2009 on brink of second bailout for banks” inscribed.
2011: Early Adoption
As awareness of Bitcoin grew, so did its price. In 2011, BTC reached parity with the US dollar, trading at around $1 per coin. The coin gained traction among tech enthusiasts and libertarians, heralding the beginning of a new era in finance. At this stage, it was viewed much like a meme coin such as Doge, with no serious potential.
2012: Price Volatility
Despite its growing popularity, Bitcoin’s price remained highly volatile in 2012. Prices fluctuated between $5 and $13 per BTC, reflecting the speculative nature of the market. However, this volatility did not deter early adopters, who saw the long-term potential of digital currency. The mainstream media was mainly hyper-critical of the token and remained that way until 2024, when it became institutionally acceptable.
2013: The Bull Run Begins
In 2013, Bitcoin experienced its first major bull run, with prices soaring to over $1,000 per BTC by the end of the year. The meteoric rise captured the attention of mainstream media and investors worldwide, sparking a frenzy of buying and speculation. However, this rapid ascent also raised concerns about the sustainability of the rally.
2014: Mt. Gox Collapse
The optimism of 2013 was short-lived – the collapse of the Mt. Gox exchange sent shockwaves through the cryptocurrency community. Prices plummeted, falling from over $1,000 to below $400 per BTC. The incident highlighted the risks associated with centralized exchanges and the need for tighter security measures in the industry. Others stated that crypto was never meant to be kept in centralized exchanges in the first place.
2015: Market Recovery
Despite the fallout from the Mt. Gox debacle, Bitcoin began to recover in 2015. Prices stabilized around $200 to $300 per BTC, as investors regained confidence in the resilience of the cryptocurrency. The focus shifted towards building a more secure and sustainable ecosystem for digital assets.
2016: Halving Hype
The Bitcoin halving in 2016 generated renewed interest in the cryptocurrency, as supply dynamics came into focus. Prices started to climb, reaching over $700 per BTC by the end of the year. The event underscored Bitcoin’s deflationary nature and its appeal as a store of value in an uncertain economic landscape.
2017: The Year of the Bull
2017 was a watershed moment for Bitcoin, as prices surged to unprecedented heights. BTC reached an all-time high of nearly $20,000 per coin, driven by a perfect storm of institutional interest, retail FOMO, and mainstream adoption. However, the rapid ascent also led to concerns of a potential bubble and regulatory crackdown. The same day that futures were launched on major exchanges, BTC prices fell, leading some to cite insider trading and fraudulent activities..
2018: The Crypto Winter
The euphoria of 2017 was short-lived, as Bitcoin entered a prolonged bear market in 2018. Prices plummeted, falling below $4,000 per BTC, as regulatory uncertainty and investor fatigue took their toll. The ICO industry was also rife with hacks and scams, which scared away some of the more influential investors.
2019: Signs of Recovery
Despite the challenges of the previous year, Bitcoin showed signs of resilience in 2019. Prices gradually recovered, climbing back above $10,000 per BTC by mid-year. Institutional interest also began to grow, with major corporations and financial institutions exploring the potential of digital assets. The stage was set for a new chapter in Bitcoin’s evolution.
2020: The Halving Effect
The Bitcoin halving in May 2020 once again captured the attention of the market, as supply issuance was cut in half. Prices surged, surpassing $20,000 per BTC by the end of the year, fueled by a combination of institutional adoption and macroeconomic uncertainty. With COVID-19 well underway, the value of BTC as a hedge against inflation was a contributor to its growth.
2021: Institutional Adoption
In 2021, Bitcoin cemented its status as a mainstream asset class, as institutional adoption reached new heights. Prices surged to over $60,000 per BTC, driven by corporate treasuries, investment funds, and billionaire investors. It also prompted other coins to rise in value, as this was the best-performing year for the wider crypto industry. However, regulatory scrutiny and environmental concerns also emerged as key challenges for the cryptocurrency industry. One study in particular about BTC using more electricity than most countries did a lot of reputational damage.
2022: Market Correction
After the euphoria of 2021, Bitcoin faced a market correction in 2022, as prices retreated from their all-time highs. Prices fluctuated between $30,000 and $50,000 per BTC, reflecting a more cautious sentiment among investors. The pullback was seen as a healthy consolidation after the rapid gains of the previous year, providing opportunities for long-term investors to accumulate. As we have always stated at IH, market corrections are wonderful buying opportunities – assets are not going to rise in a straight line forever.
2023: Resilience and Adaptation
Despite the challenges of the previous year, Bitcoin continued to demonstrate resilience in 2023. Prices stabilized around $40,000 to $60,000 per BTC, as the cryptocurrency found support from institutional investors and retail traders alike. The focus shifted towards addressing scalability and sustainability concerns, laying the groundwork for future growth and adoption. The narrative that Bitcoin was a fringe asset had finally died off, and even TradFi investors like Jamie Dimon and Warren Buffet had to reevaluate their assessments.
Bitcoin 2024 FAQs
Is Bitcoin a good investment in 2024?
Bitcoin’s dominance is superior in 2024: it beats most other cryptocurrencies in terms of performance in 2024. Given the long term price appreciation over time, Bitcoin can be considered a good investment opportunity in 2024. Given Bitcoin’s volatility, it is wise to invest in Bitcoin when it hits key support.
How much will Bitcoin be worth in 2024?
We derive Bitcoin’s predicted value for 2024 by calculating its average predicted price for 2024: $69921.988. We adjust the value every week in order to account for the volatile nature of Bitcoin.
Will Bitcoin rise in 2024?
Bitcoin is expected to hit support levels in 2024, coming down from its 2024 highs. When considering the average predicted price for Bitcoin in 2024 which is $69921.988 the expectation is that Bitcoin eventually will rise. It might need to come down first, though, below its average predicted price.
What price may Bitcoin reach in 2024?
According to predictive research, Bitcoin is expected to hit a maximum price point in 2024 of $82296.04. Note that BTC might have already peaked for 2024; it’s a real possibility that Bitcoin’s all–time high price of $75,830 on March 14, 2024 will mark the highs for 2024.
Bitcoin Long Term FAQs
Will Bitcoin go up or down?
BTC is expected to drop in October 2024 after which it is forecasted to move higher in 2025 and 2026. This prediction is derived from several respected forecasters and industry analysts, combined with the fundamental case of Bitcoin which came into existence to fix money.
What will Bitcoin be worth in 2030?
The right question is not ‘what will Bitcoin be worth in 2030′ but rather ‘by 2030.’ Predictive BTC research suggests that Bitcoin may continue to rise, and reach levels up to $200,000 before 2030. In the most bullish outcome, Bitcoin may rise to or above $250,000 somewhere before 2030.
Will Bitcoin ever hit $1 million?
Not this decade, definitely not! Bitcoin might hit $1 million after 2030, potentially. If BTC would trade at $1,000,000 its market cap would be nearly $15 trillion which is simply impossible to happen unless extraordinary market conditions would occur. Investors better don’t count on a Bitcoin price prediction of $1 million.
Disclaimer: The information presented in this article is for informational purposes only and does not constitute financial or investment advice. All opinions are those of the author and should not be interpreted as specific trading or investment recommendations. We do not guarantee the completeness, accuracy, or reliability of this content. Cryptocurrency markets are highly volatile and can experience unpredictable fluctuations. Readers are encouraged to conduct their own research, consider multiple perspectives, and understand local regulations before making any investment decisions.