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Market Cap
$ 1,316,829,371,114
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Total Volume
$ 17,967,722,444
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24 Hour
0.47%
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7 Day
11.22%
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Bitcoin Price Prediction: 2024, 2025, 2030

Bitcoin price prediction, BTC’s price has pumped by 0.47% in the last 24 hours.
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Bitcoin
Price Prediction
Bitcoin, BTC could hit $79480.01 in 2024
Bitcoin’s price prediction for the most bearish scenario will value BTC at $53473.60 in 2024.
Bitcoin’s price prediction for the most bullish scenario will value BTC at $79480.01 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 $57899.29. It has moved by 11.22 % in the past week and is currently at $66,842. Infact, in the past 24 hours, BTC has pumped by 0.47 %. There is a slight bullish sentiment in the crypto market. The long term sentiment, however, remains bullish and BTC could hit $90973.60 in 2025.

The total circulating supply of Bitcoin as of writing this article was $19,728,662 and the marketcap of BTC remains at $1,316,829,371,114. Bitcoin price in the longer term is expected to reach a high of $1698100.32 in 2035.

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 as 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 July 2024, the BTC market is slightly bearish.

3. Predictive forecasts

  • Our AI/ML predictive algorithms forecast that Bitcoin's value will likely average close to $2 million in 2028 and over $16 million in 2031.

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: Is a bear market returning?

 

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 coin facing rejection at $30,000, leading to subsequent declines. Thus, the price fell back to the lowest yearly support at $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 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 $45,000 for the first time since April 2022. This growth was attributed to the launch of BTC spot exchange-traded funds (ETFs). 

 

As the month progressed, bullish momentum intensified, with $52,000 converted into a support level by the end of February, highlighting the rally's strength. Concurrently, Bitcoin's market capitalization reclaimed 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. A broader market crash followed, pushing the coin to $60,000 again.

 

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. 

 

By mid-May, optimism started to rebuild as the price pumped to retest the yearly high resistance. Yet, it retracted once more. AMBCrypto credited this drop to the May U.S. jobs report. As a result of this decline, the market capitalization also suffered.

 

The market continuously bled throughout June, compromising the four-month held support at $60,000 by July. AMBCrypto reported a notable influx of over $1 billion worth of BTC sent to exchanges in the first week of July. Additionally, Mt. Gox conducted a test transaction of over 1,000 BTC to prepare for planned payouts to creditors, moving $2.7 billion worth of Bitcoin to a new address. These transactions triggered widespread panic, raising fears of massive sell-offs in the community.

 

The king coin slightly recovered to exchange hands at $57,333 by the end of the analysis period. This uptick was triggered by whales buying the dip. AMBCrypto’s recent analysis revealed that although the coin lacked the bullish sentiment and demand necessary for a swift rally, traders should not overlook the possibility of a breakout above $60,000.

 

Several 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 $80,000 on the cards.

 

Nevertheless, the potential for further downtick is scrutinized amidst the market uncertainty. Thus, bearish predictions suggest a drop to the $52,000 mark and potentially lower. A decisive downtrend 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 of around $2 million. Looking ahead, the projections become even more striking.
 

Our models predict that Bitcoin's average price will exceed $16 million by 2031. 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) mainly exhibited bullish behavior, with a notable dip below 50 as prices fell to their lowest support. It entered the overbought territory by October's end, only to recede in January.
  • In February, the RSI climbed above 70 again, peaked in March, and dropped below. This downtrend intensified in June, pushing the indicator below the 50 line by July. It ended the period at 48.03, indicating a slight uptick in a bearish bias.
  • The Chaikin Money Flow (CMF) exhibited a similar pattern, peaking in mid-July before declining below the zero line from mid-August to mid-October. Subsequently, the indicator predominantly trended upwards, with a press time value of 0.22. This marked a decrease from earlier highs, indicating a resurgence of selling pressure.
  • The trading volume mirrored the price movements. The bullish rallies saw the volume recover significantly, indicating that they were backed by substantial investor interest. In addition, the latest downturn was also reflected in the volume, highlighting withdrawal.
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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 17,967,722,444. Bitcoin has gone up by 4.16% in the past 30 days.

According to our analysis in the short term, Bitcoin price prediction for September 2024 shows the average price of BTC at 61424.41 and the highest possible price for September 2024 would be $65724.12.

Further, according to our analysis in the long term, Bitcoin price prediction for January 2025 shows the average price of BTC at 75811.33 and the highest possible price for January 2025 would be $81118.12.

Bitcoin's Short Term Price Prediction

DateAvg PriceLowest PriceHighest Price
22 July 2024$63946.54$59470.28$68422.79
23 July 2024$63641.87$59186.94$68096.80
24 July 2024$63931.48$59456.28$68406.68
25 July 2024$64492.32$59977.85$69006.78
30 July 2024$62830.23$58432.12$67228.35
4 August 2024$61932.93$57597.63$66268.24
14 August 2024$60695.61$56446.92$64944.31
September 2024$61424.41$57124.70$65724.12
October 2024$63027.39$58615.47$67439.31
November 2024$64630.37$60106.24$69154.49
December 2024$66233.34$61597.01$70869.67

Bitcoin price prediction 22 July 2024: Bitcoin's price for 22 July 2024 according to our analysis should range between $59470.28 to $68422.79 and the average price of BTC should be around $63946.54.

Bitcoin price prediction 23 July 2024: Bitcoin's price for 23 July 2024 according to our analysis should range between $59186.94 to $68096.80 and the average price of BTC should be around $63641.87.

Bitcoin price prediction 24 July 2024: Bitcoin's price for 24 July 2024 according to our analysis should range between $59456.28 to $68406.68 and the average price of BTC should be around $63931.48.

Bitcoin price prediction 25 July 2024: Bitcoin's price for 25 July 2024 according to our analysis should range between $59977.85 to $69006.78 and the average price of BTC should be around $64492.32.

Bitcoin price prediction 30 July 2024: Bitcoin's price for 30 July 2024 according to our analysis should range between $58432.12 to $67228.35 and the average price of BTC should be around $62830.23.

Bitcoin price prediction 4 August 2024: Bitcoin's price for 4 August 2024 according to our analysis should range between $57597.63 to $66268.24 and the average price of BTC should be around $61932.93.

Bitcoin price prediction 14 August 2024: Bitcoin's price for 14 August 2024 according to our analysis should range between $56446.92 to $64944.31 and the average price of BTC should be around $60695.61.

Bitcoin price prediction September 2024: Bitcoin's price for September 2024 according to our analysis should range between $57124.70 to $65724.12 and the average price of BTC should be around $61424.41.

Bitcoin price prediction October 2024: Bitcoin's price for October 2024 according to our analysis should range between $58615.47 to $67439.31 and the average price of BTC should be around $63027.39.

Bitcoin price prediction November 2024: Bitcoin's price for November 2024 according to our analysis should range between $60106.24 to $69154.49 and the average price of BTC should be around $64630.37.

Bitcoin price prediction December 2024: Bitcoin's price for December 2024 according to our analysis should range between $61597.01 to $70869.67 and the average price of BTC should be around $66233.34.

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 $66,842, with a market cap of $1,316,829,371,114 and trading volumes of $17,967,722,444. BTC’s price prediction is possible by analyzing historical price action, current developments and social sentiment from the community.

YearsAvg PriceLowest PriceHighest Price
2024$66233.34$52986.67$79480.01
2025$75811.33$60649.06$90973.60
2026$101587.18$81269.75$121904.62
2027$136126.82$108901.46$163352.19
2028$182409.94$145927.96$218891.93
2029$244429.32$195543.46$293315.19
2030$327535.30$262028.24$393042.35
2031$438897.30$351117.84$526676.75
2032$588122.38$470497.90$705746.85
2033$788083.98$630467.19$945700.78
2034$1056032.54$844826.03$1267239.05
2035$1415083.60$1132066.88$1698100.32

Bitcoin price prediction 2024: Bitcoin's price for 2024 according to our analysis should range between $52986.67 to $79480.01 and the average price of BTC should be around $66233.34.

Bitcoin price prediction 2025: Bitcoin's price for 2025 according to our analysis should range between $60649.06 to $90973.60 and the average price of BTC should be around $75811.33.

Bitcoin price prediction 2026: Bitcoin's price for 2026 according to our analysis should range between $81269.75 to $121904.62 and the average price of BTC should be around $101587.18.

Bitcoin price prediction 2027: Bitcoin's price for 2027 according to our analysis should range between $108901.46 to $163352.19 and the average price of BTC should be around $136126.82.

Bitcoin price prediction 2028: Bitcoin's price for 2028 according to our analysis should range between $145927.96 to $218891.93 and the average price of BTC should be around $182409.94.

Bitcoin price prediction 2029: Bitcoin's price for 2029 according to our analysis should range between $195543.46 to $293315.19 and the average price of BTC should be around $244429.32.

Bitcoin price prediction 2030: Bitcoin's price for 2030 according to our analysis should range between $262028.24 to $393042.35 and the average price of BTC should be around $327535.30.

Bitcoin price prediction 2031: Bitcoin's price for 2031 according to our analysis should range between $351117.84 to $526676.75 and the average price of BTC should be around $438897.30.

Bitcoin price prediction 2032: Bitcoin's price for 2032 according to our analysis should range between $470497.90 to $705746.85 and the average price of BTC should be around $588122.38.

Bitcoin price prediction 2033: Bitcoin's price for 2033 according to our analysis should range between $630467.19 to $945700.78 and the average price of BTC should be around $788083.98.

Bitcoin price prediction 2034: Bitcoin's price for 2034 according to our analysis should range between $844826.03 to $1267239.05 and the average price of BTC should be around $1056032.54.

Bitcoin price prediction 2035: Bitcoin's price for 2035 according to our analysis should range between $1132066.88 to $1698100.32 and the average price of BTC should be around $1415083.60.

Similar Long Term Price Predictions

A Historical look at Bitcoin, BTC’s price

BTC/USD Pair

BTC
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USD
20 July 2021
30928.21
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BTC
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USD
20 July 2022
23366.91
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75.55
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BTC
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USD
20 July 2023
29919.87
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128.04
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BTC
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USD
21 July 2024
66,842
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223.4
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BTC/Euro Pair

BTC
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EUR
20 July 2021
26226.57
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BTC
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EUR
20 July 2022
22840.10
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87.09
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BTC
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EUR
20 July 2023
26702.95
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116.91
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BTC
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EUR
21 July 2024
61,394
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229.91
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FAQs about Bitcoin

What is the price of Bitcoin as of today 21 July 2024?

Bitcoin’s current price is $66,842 and witnessed a 0.47% increase 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 0.47% increase and over the past 30 days Bitcoin has increase by 4.16%. 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 $79480.01 and $52986.67. 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 July 2024 should range between $52986.67 to $79480.01 with the average price for July being $66233.34

How much will Bitcoin be worth in 2025?

According to the Bitcoin Price Prediction model above, BTC’s price in 2025 would be $75811.33. This price would however would range from $90973.60 and $60649.06.

How much will Bitcoin be worth in 2026?

According to the Bitcoin Price Prediction model above, BTC’s price in 2026 would be $101587.18. This price would however would range from $121904.62 and $81269.75.

How much will Bitcoin be worth in 2027?

According to the Bitcoin Price Prediction model above, BTC’s price in 2027 would be $136126.82. This price would however would range from $163352.19 and $108901.46.

How much will Bitcoin be worth in 2028?

According to the Bitcoin Price Prediction model above, BTC’s price in 2028 would be $182409.94. This price would however would range from $218891.93 and $145927.96.

How much will Bitcoin be worth in 2029?

According to the Bitcoin Price Prediction model above, BTC’s price in 2029 would be $244429.32. This price would however would range from $293315.19 and $195543.46.

How much will Bitcoin be worth in 2030?

According to the Bitcoin Price Prediction model above, BTC’s price in 2030 would be $327535.30. This price would however would range from $393042.35 and $262028.24.

How much will Bitcoin be worth in 2031?

According to the Bitcoin Price Prediction model above, BTC’s price in 2031 would be $438897.30. This price would however would range from $526676.75 and $351117.84.

How much will Bitcoin be worth in 2032?

According to the Bitcoin Price Prediction model above, BTC’s price in 2032 would be $588122.38. This price would however would range from $705746.85 and $470497.90.

How much will Bitcoin be worth in 2033?

According to the Bitcoin Price Prediction model above, BTC’s price in 2033 would be $788083.98. This price would however would range from $945700.78 and $630467.19.

How much will Bitcoin be worth in 2034?

According to the Bitcoin Price Prediction model above, BTC’s price in 2034 would be $1056032.54. This price would however would range from $1267239.05 and $844826.03.

How much will Bitcoin be worth in 2035?

According to the Bitcoin Price Prediction model above, BTC’s price in 2035 would be $1415083.60. This price would however would range from $1698100.32 and $1132066.88.

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 $66,842