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Market Cap
$ 1,324,017,011,953
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Total Volume
$ 21,537,797,473
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24 Hour
-1.42%
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7 Day
-3.53%
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Bitcoin Price Prediction: 2024, 2025, 2030

Bitcoin price prediction, BTC’s price has dumped by -1.42% in the last 24 hours.
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Bitcoin
Price Prediction
Bitcoin, BTC could hit $171052.75 in 2024
Bitcoin’s price prediction for the most bearish scenario will value BTC at $53849.60 in 2024.
Bitcoin’s previous All Time High was on 14 March 2024 where BTC was priced at $73,738.

Bitcoin’s price at the same time last week was $70189.84. It has moved by -3.53 % in the past week and is currently at $67,312. Infact, in the past 24 hours, BTC has dumped by -1.42 %. There is a slight bearish sentiment in the crypto market. The long term sentiment, however, remains bullish and BTC could hit $360443.14 in 2025.

The total circulating supply of Bitcoin as of writing this article was $19,705,153 and the marketcap of BTC remains at $1,324,017,011,953

Disclaimer

For some coins with little to no data points and inexistent historical data the model by default will show a positive price prediction. There is no way for our AI bot to decipher whitepaper, tokenomics and team integrity. The coin's price that you are about to see below can fall drastically depending on many factors, so please invest wisely after checking the team and project's whitepaper. This current price prediction is done by a machine crunching numbers and the model is still in the early beta stages. It should strictly not be taken as an investment advice. Although the best engineers are currently tweaking and updating the algorithm, no human has verified the price predicted below, so please use your discretion and make a decision wisely.

BTC price prediction: Key highlights

 

1. Primary support and resistance levels

  • An analysis of the weekly time frame revealed $40,000 to be the lowest probable support for BTC in 2024.
  • As the king coin ascends, it can face its highest resistance at around $70,000 to $75,000.

2. Market sentiment

  • In May 2024, the BTC market remains bullish.

3. Predictive forecasts

  • Our AI/ML predictive algorithms forecast that Bitcoin can likely average over $2 million in 2028 and over $11 million in 2030.

Stay informed on BTC’s future trajectory through a comprehensive weekly technical analysis, followed by coming days of the month, upcoming months, and yearly forecast tables derived from our AI/ML-based predictive models:

 

BTC technical analysis: Halving fails to take king coin to the moon


 

In 2023, BTC demonstrated a remarkable recovery from its lows in 2022, showcasing a year of significant volatility and growth. This year, the king coin started out experiencing a massive bull run. Yet, the recent downturn has posed many challenges. Many analysts anticipate the Bitcoin price prediction for 2024 will be monumental as the price can achieve record-breaking levels.
 

The period under review started with the price descending, which caused a retraction to $25,000 in June. A mid-month test to claim $30,000 led to subsequent declines. Thus, the price eventually fell back to $25,000 by mid-August.

 

It wasn't until the end of October that BTC finally broke through the upper level. Continuing this rally, the price successfully claimed $40,000 as support by December. After this, the price consolidated between this support and the resistance at $45,000.
 

In February, BTC experienced a significant bullish breakout that saw the cryptocurrency surge through the $45,000 barrier for the first time since April 2022. This growth was attributed to the launch of the BTC spot exchange-traded funds (ETFs). As the month progressed, bullish momentum intensified propelling Bitcoin's market capitalization over the $1 trillion mark, as per CoinMarketCap.
 

The uptrend carried into March, and Bitcoin hit $73,777 on Binance, surpassing its previous all-time high (ATH). However, a retracement occurred, with prices dropping as low as $60,000 the following week. 
 

Despite this pullback, BTC managed to retest the high chart resistance at $71,000 towards the end of the month. What followed was a broader market crash that pushed the coin below $65,000 by mid-April. Yet, the $60,000 support was held on the higher time frame. 
 

The highly anticipated halving event did not trigger a massive surge in the price or lead to a sell-off. While the altcoins experienced bull rallies, BTC remained relatively stagnant. Moreover, April marked the first time since BTC ended the month with a negative price return. As May progressed the price remained close to its current support. By the end of the analysis period, BTC was valued at $61,489.
 

AMBCrypto reported that despite BTC's stagnant price, the crypto Fear and Greed Index indicated a different sentiment. It suggested that the majority of the market was inclined to buy BTC and was generally bullish. This could imply a significant potential surge in BTC’s price, possibly reaching the $65,000 level. Additionally, data from Coinglass revealed that long positions on BTC had increased.
 

A number of experts are forecasting significantly higher valuations for Bitcoin. These predictions suggest that BTC could escalate to monumental price points of $100,000 to $150,000. This optimistic outlook hinges on its ability to push past a critical threshold of $70,000 to $75,000. Sustained momentum above these levels can likely put $90,000 on the cards.

 

Nevertheless, the potential for a downtick is scrutinized amidst the market uncertainty. AMBCrypto looked at Lookonchain’s data to uncover that two BTC wallets that had been dormant for nearly 11 years became active. These wallets liquidated their holdings of 500 BTC each. 

 

Furthermore, Bitcoin saw substantial drops in daily active addresses, transaction volume, and whale transactions. These metrics peaked in February but have since declined significantly and were nearing historic lows.

 

Thus, AMBCrypto’s bearish predictions suggest a drop to the $56,000 mark and potentially lower. The $55,500 might be revisited before a bottom is established. A decisive bearish breakdown could see Bitcoin's value dropping to between $45,000 and $40,000. Such a scenario would likely be temporary, paving the way for BTC to rebound and attain new heights.
 

Based on the future predictions from our predictive models, BTC is forecasted to experience a significant increase in value. Within four years, the coin is anticipated to trade at an average price exceeding $2 million. Looking ahead, the projections become even more striking.

 

Our models predict that Bitcoin's average price will exceed $11 million by 2030. This long-term forecast highlights Bitcoin's expected continued growth and adoption as a major digital asset in the financial landscape.

 

BTC's 2024 roadmap: Key indicators to watch and trade

  • The Relative Strength Index (RSI) generally remained bullish, albeit with a brief dip below 50 coinciding with the price’s fall to its lowest support. By the end of October, it moved into the overbought region. However, a minor price drop in January caused the indicator to move below this region and remain there for most of the month. 
  • In February, the RSI resumed its upward trajectory, reaching a high value of 88.36 in March. By the end of the analysis, it registered at 62.56. This indicated either a cooling off of the upward momentum or a stabilization without a sharp reversal.
  • The Chaikin Money Flow (CMF) followed a comparable pattern. Its peak value was recorded at 0.41 in mid-July. Between August and mid-October, the indicator dipped into negative territory before reversing its trajectory.
  • Since then, it has mostly been trending higher, with a press time value of 0.25. This value reflected a slight dip yet highlighted the strong buying pressure and accumulation.
  • The trading volume mirrored the price movements. The bullish rallies saw the volume recover significantly, indicating that they were backed by substantial investor interest.
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Bitcoin Price Prediction

Bitcoin has had an eventful 2023. To simplify the latest BTC price prediction, we have divided up the prediction by short term Bitcoin price prediction and long term Bitcoin price prediction. As of writing this article, BTC had a trading volume of 21,537,797,473. Bitcoin has gone up by 7.08% in the past 30 days.

According to our analysis in the short term, Bitcoin price prediction for July 2024 shows the average price of BTC at 105094.98 and the highest possible price for July 2024 would be $112451.63.

Further, according to our analysis in the long term, Bitcoin price prediction for November 2024 shows the average price of BTC at 130060.97 and the highest possible price for November 2024 would be $139165.23.

Bitcoin's Short Term Price Prediction

DateAvg PriceLowest PriceHighest Price
30 May 2024$66856.37$62176.42$71536.31
31 May 2024$66424.19$61774.49$71073.88
1 June 2024$66230.06$61593.96$70866.17
2 June 2024$66563.02$61903.60$71222.43
7 June 2024$65163.34$60601.91$69724.78
12 June 2024$64156.33$59665.39$68647.27
22 June 2024$62546.31$58168.07$66924.55
July 2024$105094.98$97738.33$112451.63
August 2024$111336.48$103542.92$119130.03
September 2024$117577.97$109347.51$125808.43
October 2024$123819.47$115152.11$132486.83
November 2024$130060.97$120956.70$139165.23
December 2024$136302.46$126761.29$145843.64

Bitcoin price prediction 30 May 2024: Bitcoin's price for 30 May 2024 according to our analysis should range between $62176.42 to $71536.31 and the average price of BTC should be around $66856.37.

Bitcoin price prediction 31 May 2024: Bitcoin's price for 31 May 2024 according to our analysis should range between $61774.49 to $71073.88 and the average price of BTC should be around $66424.19.

Bitcoin price prediction 1 June 2024: Bitcoin's price for 1 June 2024 according to our analysis should range between $61593.96 to $70866.17 and the average price of BTC should be around $66230.06.

Bitcoin price prediction 2 June 2024: Bitcoin's price for 2 June 2024 according to our analysis should range between $61903.60 to $71222.43 and the average price of BTC should be around $66563.02.

Bitcoin price prediction 7 June 2024: Bitcoin's price for 7 June 2024 according to our analysis should range between $60601.91 to $69724.78 and the average price of BTC should be around $65163.34.

Bitcoin price prediction 12 June 2024: Bitcoin's price for 12 June 2024 according to our analysis should range between $59665.39 to $68647.27 and the average price of BTC should be around $64156.33.

Bitcoin price prediction 22 June 2024: Bitcoin's price for 22 June 2024 according to our analysis should range between $58168.07 to $66924.55 and the average price of BTC should be around $62546.31.

Bitcoin price prediction July 2024: Bitcoin's price for July 2024 according to our analysis should range between $97738.33 to $112451.63 and the average price of BTC should be around $105094.98.

Bitcoin price prediction August 2024: Bitcoin's price for August 2024 according to our analysis should range between $103542.92 to $119130.03 and the average price of BTC should be around $111336.48.

Bitcoin price prediction September 2024: Bitcoin's price for September 2024 according to our analysis should range between $109347.51 to $125808.43 and the average price of BTC should be around $117577.97.

Bitcoin price prediction October 2024: Bitcoin's price for October 2024 according to our analysis should range between $115152.11 to $132486.83 and the average price of BTC should be around $123819.47.

Bitcoin price prediction November 2024: Bitcoin's price for November 2024 according to our analysis should range between $120956.70 to $139165.23 and the average price of BTC should be around $130060.97.

Bitcoin price prediction December 2024: Bitcoin's price for December 2024 according to our analysis should range between $126761.29 to $145843.64 and the average price of BTC should be around $136302.46.

Bitcoin's Long Term Price Prediction

Bitcoin’s long term Price Prediction below is a look at BTC’s future prospect with regards to price. Bitcoin was last seen at $67,312, with a market cap of $1,324,017,011,953 and trading volumes of $21,537,797,473. BTC’s price prediction is possible by analyzing historical price action, current developments and social sentiment from the community.

YearsAvg PriceLowest PriceHighest Price
2024$142543.96$114035.17$171052.75
2025$300369.28$240295.42$360443.14
2026$632939.52$506351.61$759527.42
2027$1333733.03$1066986.42$1600479.64
2028$2810448.31$2248358.65$3372537.98
2029$5922189.49$4737751.59$7106627.38
2030$12479264.66$9983411.73$14975117.59
2031$26296363.32$21037090.66$31555635.98
2032$55411816.55$44329453.24$66494179.86
2033$116764032.21$93411225.76$140116838.65
2035$518468620.58$414774896.46$622162344.70

Bitcoin price prediction 2024: Bitcoin's price for 2024 according to our analysis should range between $114035.17 to $171052.75 and the average price of BTC should be around $142543.96.

Bitcoin price prediction 2025: Bitcoin's price for 2025 according to our analysis should range between $240295.42 to $360443.14 and the average price of BTC should be around $300369.28.

Bitcoin price prediction 2026: Bitcoin's price for 2026 according to our analysis should range between $506351.61 to $759527.42 and the average price of BTC should be around $632939.52.

Bitcoin price prediction 2027: Bitcoin's price for 2027 according to our analysis should range between $1066986.42 to $1600479.64 and the average price of BTC should be around $1333733.03.

Bitcoin price prediction 2028: Bitcoin's price for 2028 according to our analysis should range between $2248358.65 to $3372537.98 and the average price of BTC should be around $2810448.31.

Bitcoin price prediction 2029: Bitcoin's price for 2029 according to our analysis should range between $4737751.59 to $7106627.38 and the average price of BTC should be around $5922189.49.

Bitcoin price prediction 2030: Bitcoin's price for 2030 according to our analysis should range between $9983411.73 to $14975117.59 and the average price of BTC should be around $12479264.66.

Bitcoin price prediction 2031: Bitcoin's price for 2031 according to our analysis should range between $21037090.66 to $31555635.98 and the average price of BTC should be around $26296363.32.

Bitcoin price prediction 2032: Bitcoin's price for 2032 according to our analysis should range between $44329453.24 to $66494179.86 and the average price of BTC should be around $55411816.55.

Bitcoin price prediction 2033: Bitcoin's price for 2033 according to our analysis should range between $93411225.76 to $140116838.65 and the average price of BTC should be around $116764032.21.

Bitcoin price prediction 2035: Bitcoin's price for 2035 according to our analysis should range between $414774896.46 to $622162344.70 and the average price of BTC should be around $518468620.58.

Similar Long Term Price Predictions

A Historical look at Bitcoin, BTC’s price

BTC/USD Pair

BTC
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USD
29 May 2021
35710.22
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BTC
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USD
29 May 2022
29088.24
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81.46
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BTC
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USD
29 May 2023
28110.31
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96.64
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BTC
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USD
29 May 2024
67,312
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239.46
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BTC/Euro Pair

BTC
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EUR
29 May 2021
29288.67
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BTC
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EUR
29 May 2022
27103.84
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92.54
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BTC
compare-icon
EUR
29 May 2023
26214.05
signal-icon
96.72
trend-icon
BTC
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EUR
29 May 2024
62,317
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237.72
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FAQs about Bitcoin

What is the price of Bitcoin as of today 29 May 2024?

Bitcoin’s current price is $67,312 and witnessed a -1.42% decrease in the past 24 hours. BTC/BTC pair saw a 0% increase in the past 24 hours

Is BTC a good investment?

Investing in Bitcoin, BTC will purely depend on your personal risk appetite. As you can see over the past 24 hours Bitcoin’s price has witnessed a -1.42% decrease and over the past 30 days Bitcoin has increase by 7.08%. So it all depends on if this investment will hit your trading goals.

How high can Bitcoin’s price go this year in 2024?

According to our latest Bitcoin Price prediction for 2024, BTC should vary between $171052.75 and $114035.17. Please keep in mind that the crypto market is very volatile and this Bitcoin price prediction does not account for extreme wild swings in price.

How much will the Bitcoin be worth in 2024 ?

As per the Bitcoin price prediction 2024 model above, BTC’s price for May 2024 should range between $114035.17 to $171052.75 with the average price for May being $142543.96

How much will Bitcoin be worth in 2025?

According to the Bitcoin Price Prediction model above, BTC’s price in 2025 would be $300369.28. This price would however would range from $360443.14 and $240295.42.

How much will Bitcoin be worth in 2026?

According to the Bitcoin Price Prediction model above, BTC’s price in 2026 would be $632939.52. This price would however would range from $759527.42 and $506351.61.

How much will Bitcoin be worth in 2027?

According to the Bitcoin Price Prediction model above, BTC’s price in 2027 would be $1333733.03. This price would however would range from $1600479.64 and $1066986.42.

How much will Bitcoin be worth in 2028?

According to the Bitcoin Price Prediction model above, BTC’s price in 2028 would be $2810448.31. This price would however would range from $3372537.98 and $2248358.65.

How much will Bitcoin be worth in 2029?

According to the Bitcoin Price Prediction model above, BTC’s price in 2029 would be $5922189.49. This price would however would range from $7106627.38 and $4737751.59.

How much will Bitcoin be worth in 2030?

According to the Bitcoin Price Prediction model above, BTC’s price in 2030 would be $12479264.66. This price would however would range from $14975117.59 and $9983411.73.

How much will Bitcoin be worth in 2031?

According to the Bitcoin Price Prediction model above, BTC’s price in 2031 would be $26296363.32. This price would however would range from $31555635.98 and $21037090.66.

How much will Bitcoin be worth in 2032?

According to the Bitcoin Price Prediction model above, BTC’s price in 2032 would be $55411816.55. This price would however would range from $66494179.86 and $44329453.24.

How much will Bitcoin be worth in 2033?

According to the Bitcoin Price Prediction model above, BTC’s price in 2033 would be $116764032.21. This price would however would range from $140116838.65 and $93411225.76.

How much will Bitcoin be worth in 2035?

According to the Bitcoin Price Prediction model above, BTC’s price in 2035 would be $518468620.58. This price would however would range from $622162344.70 and $414774896.46.

What was the highest price of Bitcoin?

The highest price for Bitcoin was recorded in 14 March 2024 during which BTC hit an All Time High of $73,738

What is the price of 1 Bitcoin?

The price of 1 Bitcoin according to current market rate is $67,312