Bitcoin Price Prediction, will BTC’s price hit $68422.59?
Bitcoin’s price at the same time last week was $37802.24. It has moved by 14.12 % in the past week and is currently at $42,984. Infact, in the past 24 hours, BTC has dumped by -1.98 %. There is a slight bearish sentiment in the crypto market. The long term sentiment, however, remains bullish and BTC could hit $68422.59 in 2024.
The total circulating supply of Bitcoin as of writing this article was $19,563,293 and the marketcap of BTC remains at $846,474,669,025
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.
Bitcoin Price Prediction
Bitcoin has had an eventful 2021. 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 27,478,868,678. Bitcoin has gone up by 23.11% in the past 30 days.
According to our analysis in the short term, Bitcoin price prediction for February 2024 shows the average price of BTC at 50697.05 and the highest possible price for February 2024 would be $54245.85.
Further, according to our analysis in the long term, Bitcoin price prediction for June 2024 shows the average price of BTC at 52995.88 and the highest possible price for June 2024 would be $56705.59.
Bitcoin's Short Term Price Prediction
| Date | Avg Price | Lowest Price | Highest Price |
| 8 December 2023 | $41064.23 | $38189.73 | $43938.73 |
| 9 December 2023 | $42100.36 | $39153.34 | $45047.39 |
| 10 December 2023 | $43213.68 | $40188.72 | $46238.64 |
| 11 December 2023 | $43658.77 | $40602.65 | $46714.88 |
| 16 December 2023 | $43631.46 | $40577.26 | $46685.67 |
| 21 December 2023 | $43970.21 | $40892.29 | $47048.12 |
| 31 December 2023 | $45062.73 | $41908.34 | $48217.12 |
Bitcoin price prediction 8 December 2023: Bitcoin's price for 8 December 2023 according to our analysis should range between $38189.73 to $43938.73 and the average price of BTC should be around $41064.23.
Bitcoin price prediction 9 December 2023: Bitcoin's price for 9 December 2023 according to our analysis should range between $39153.34 to $45047.39 and the average price of BTC should be around $42100.36.
Bitcoin price prediction 10 December 2023: Bitcoin's price for 10 December 2023 according to our analysis should range between $40188.72 to $46238.64 and the average price of BTC should be around $43213.68.
Bitcoin price prediction 11 December 2023: Bitcoin's price for 11 December 2023 according to our analysis should range between $40602.65 to $46714.88 and the average price of BTC should be around $43658.77.
Bitcoin price prediction 16 December 2023: Bitcoin's price for 16 December 2023 according to our analysis should range between $40577.26 to $46685.67 and the average price of BTC should be around $43631.46.
Bitcoin price prediction 21 December 2023: Bitcoin's price for 21 December 2023 according to our analysis should range between $40892.29 to $47048.12 and the average price of BTC should be around $43970.21.
Bitcoin price prediction 31 December 2023: Bitcoin's price for 31 December 2023 according to our analysis should range between $41908.34 to $48217.12 and the average price of BTC should be around $45062.73.
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 $42,984, with a market cap of $846,474,669,025 and trading volumes of $27,478,868,678. BTC’s price prediction is possible by analyzing historical price action, current developments and social sentiment from the community.
| Years | Avg Price | Lowest Price | Highest Price |
| 2024 | $57018.83 | $45615.06 | $68422.59 |
| 2025 | $64864.22 | $51891.37 | $77837.06 |
| 2026 | $73789.08 | $59031.26 | $88546.90 |
| 2027 | $83941.94 | $67153.55 | $100730.33 |
| 2028 | $95491.76 | $76393.41 | $114590.11 |
| 2029 | $108630.75 | $86904.60 | $130356.90 |
| 2030 | $123577.58 | $98862.06 | $148293.10 |
| 2031 | $140580.99 | $112464.79 | $168697.18 |
| 2032 | $159923.94 | $127939.15 | $191908.73 |
| 2033 | $181928.35 | $145542.68 | $218314.02 |
Bitcoin price prediction 2024: Bitcoin's price for 2024 according to our analysis should range between $45615.06 to $68422.59 and the average price of BTC should be around $57018.83.
Bitcoin price prediction 2025: Bitcoin's price for 2025 according to our analysis should range between $51891.37 to $77837.06 and the average price of BTC should be around $64864.22.
Bitcoin price prediction 2026: Bitcoin's price for 2026 according to our analysis should range between $59031.26 to $88546.90 and the average price of BTC should be around $73789.08.
Bitcoin price prediction 2027: Bitcoin's price for 2027 according to our analysis should range between $67153.55 to $100730.33 and the average price of BTC should be around $83941.94.
Bitcoin price prediction 2028: Bitcoin's price for 2028 according to our analysis should range between $76393.41 to $114590.11 and the average price of BTC should be around $95491.76.
Bitcoin price prediction 2029: Bitcoin's price for 2029 according to our analysis should range between $86904.60 to $130356.90 and the average price of BTC should be around $108630.75.
Bitcoin price prediction 2030: Bitcoin's price for 2030 according to our analysis should range between $98862.06 to $148293.10 and the average price of BTC should be around $123577.58.
Bitcoin price prediction 2031: Bitcoin's price for 2031 according to our analysis should range between $112464.79 to $168697.18 and the average price of BTC should be around $140580.99.
Bitcoin price prediction 2032: Bitcoin's price for 2032 according to our analysis should range between $127939.15 to $191908.73 and the average price of BTC should be around $159923.94.
Bitcoin price prediction 2033: Bitcoin's price for 2033 according to our analysis should range between $145542.68 to $218314.02 and the average price of BTC should be around $181928.35.
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FAQs about Bitcoin
Bitcoin’s current price is $42,984 and witnessed a -1.98% decrease in the past 24 hours. BTC/BTC pair saw a 0% increase in the past 24 hours
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 -1.98% decrease and over the past 30 days Bitcoin has increase by 23.11%. So it all depends on if this investment will hit your trading goals.
According to our latest Bitcoin Price prediction for 2023, BTC should vary between $60146.82 and $40097.88. 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.
As per the Bitcoin price prediction 2023 model above, BTC’s price for December 2023 should range between $40097.88 to $60146.82 with the average price for December being $50122.35
According to the Bitcoin Price Prediction model above, BTC’s price in 2024 would be $57018.83. This price would however would range from $68422.59 and $45615.06.
According to the Bitcoin Price Prediction model above, BTC’s price in 2025 would be $64864.22. This price would however would range from $77837.06 and $51891.37.
According to the Bitcoin Price Prediction model above, BTC’s price in 2026 would be $73789.08. This price would however would range from $88546.90 and $59031.26.
According to the Bitcoin Price Prediction model above, BTC’s price in 2027 would be $83941.94. This price would however would range from $100730.33 and $67153.55.
According to the Bitcoin Price Prediction model above, BTC’s price in 2028 would be $95491.76. This price would however would range from $114590.11 and $76393.41.
According to the Bitcoin Price Prediction model above, BTC’s price in 2029 would be $108630.75. This price would however would range from $130356.90 and $86904.60.
According to the Bitcoin Price Prediction model above, BTC’s price in 2030 would be $123577.58. This price would however would range from $148293.10 and $98862.06.
According to the Bitcoin Price Prediction model above, BTC’s price in 2031 would be $140580.99. This price would however would range from $168697.18 and $112464.79.
According to the Bitcoin Price Prediction model above, BTC’s price in 2032 would be $159923.94. This price would however would range from $191908.73 and $127939.15.
According to the Bitcoin Price Prediction model above, BTC’s price in 2033 would be $181928.35. This price would however would range from $218314.02 and $145542.68.
The highest price for Bitcoin was recorded in 10 November 2021 during which BTC hit an All Time High of $69,045
The price of 1 Bitcoin according to current market rate is $42,984
