Bitcoin price prediction 2024/2025 - 2030

How much will Bitcoin be worth? The talk of the town when the price is on the rise. In this article, we'll walk you through the predictions of various analysts. Just a quick disclaimer: no one has a crystal ball, and there's no guarantee that these predictions will come true. Only invest what you can afford to lose.

Bitcoin price prediction for the short-term

Updated on: October 27, 2024

Those who bought Bitcoin over the past three months are likely pleased with the rise in their portfolio, as the coin has gained 30% in that period. Many analysts believe this may be just the beginning.

Current BTC Status

We start this analysis with the daily chart, where each candle represents 24 hours. This view provides a broader look at price history, highlighting critical levels shown as red zones and a green line. The red zones tend to act as support during price drops, while the green line offers resistance on the upside. Since BTC is nearing these levels, it’s likely to find support at the red zones on a potential pullback or resistance at the green level if it continues upward.

The green line, derived from a previous high, typically presents resistance, and BTC appears to be moving toward it due to its current uptrend. This trend shows progressively higher highs and lows, indicating that BTC might continue its upward momentum as long as this trend remains unbroken.

Short-Term Outlook

To gain further insights into the short-term, we switch to the 4-hour chart, where each candle represents 4 hours. Here, we observe green and purple curves, suggesting that the upward trend could continue from this point. The recent peak is higher than the previous one, and ideally, we would now see a new higher low (marked by the purple curves). However, this low isn’t clearly visible on the daily chart, which might mean a slight dip is needed to form a stronger higher low.

While BTC could head to $70,000 soon, it’s wise to keep a close eye on the chart for further signals.

Bitcoin price prediction for the long-term

What will the Bitcoin price do in the coming years? Opinions on this vary significantly. Various analysts have different views. In the overview below, we rely on the forecast from Coinpriceforecast.

What are the expectations for Bitcoin in 2024?

While 2024 was a celebration due to the price surge, it is expected to taper off in 2024. Analysts anticipate a price of €158,396.59 by the end of 2025.

What are the predictions for Bitcoin in 2025?

Predictions remain positive in 2025 as well. Analysts anticipate a price of €185,696.80 in December.

How much will Bitcoin be worth in 2026?

Starting from 2025, Bitcoin is expected to accelerate significantly, according to analysts. They anticipate a Bitcoin value in 2026 heading towards €263,752.00 and €331,608.50 in 2027.

What are the predictions for Bitcoin in 2030?

Bitcoin remains on a positive trajectory, but analysts anticipate that the price will fluctuate between €704,386.11 and €757,785.66 thereafter.

PlanB: Bitcoin to 1 million in 2025

But what if it happens even faster? Analyst PlanB is not short on optimism. Anonymity is more common in the world of Bitcoin. The only thing we know about PlanB? He is Dutch and has developed a unique price model for Bitcoin.

He calls this the stock-to-flow model of Bitcoin. The essence? Bitcoin is scarce, and that scarcity makes Bitcoin valuable. If you want the detailed explanation, you can read it below. But beware, we're delving deep into the world of Bitcoin!

So, Bitcoin is scarce. There will only be 21 million coins in the future. A fixed number of BTC enters the market every ten minutes. And that influx is roughly halved every four years. This is known as the Bitcoin halving.

Now, your economics lesson from the past comes back. What happens when demand remains the same but supply decreases? Prices rise. The stock-to-flow model is built on this principle.

Below, you can see PlanB's model along with the Bitcoin price. The dark blue band represents one standard deviation, and the light blue band represents two standard deviations. As you can see, the price has been moving within the model's range for years.

Will it continue like this? Then Bitcoin could reach 1 million euros in 2025. This may seem like an unthinkable scenario for some. But imagine this: ten years ago, no one expected Bitcoin to ever be worth 50,000 euros.

Need more explanation? Watch this video about the stock-to-flow model:

Our advice: only invest an amount you're willing to lose

We recommend that you invest only an amount in Bitcoin that you are willing to lose. The Bitcoin price is highly volatile, which means you can make a lot of money but also lose it. At the same time, we believe that Bitcoin is one of the most interesting investments you can make.

If you want to buy Bitcoin, do your own research. Read news articles. Look at technical analyses. Learn how Bitcoin works. Who knows, you might even help your friends and family get into Bitcoin!

Download BLOX to start with Bitcoin

You now have all the information about the Bitcoin price. Is it time to get in? This is your sign! Download the app, and you can get started right away. And if you have questions or doubts, we're always here to help.