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 10, 2024

Bitcoin showed strength when it reached $64,000, but this proved to be short-lived. The cryptocurrency has been on a downward trajectory over the past three days, approaching its previous low. Let’s take a closer look at the charts.

How is Bitcoin performing?
To get a clear picture of the price action and key levels, we’ll first examine the daily chart. Each candle here represents 24 hours, allowing us to see a significant portion of Bitcoin's price history.
The red zones in the chart highlight the strongest price levels at the moment. Bitcoin often reverses direction when it approaches these areas, making it important to keep these levels in mind. If the price revisits these zones, we might see a bounce back.

We can also see a long-term downward trend. Since March of this year, Bitcoin has been making lower highs and lower lows. However, recently it spiked to $66,500, marking a potential turning point.
As indicated by the green arcs, Bitcoin made a higher high for the first time in a while, followed by a higher low, which is a positive development.

Short-term outlook
Next, let’s examine the 4-hour chart for a closer look at short-term price movements. Each candle here represents 4 hours, giving us a better view of the recent action.
As mentioned earlier, Bitcoin is still making higher highs and higher lows, suggesting that it might be aiming for the next target of $70,000. However, the price needs to remain strong to keep this momentum.
Currently, the price is nearing its previous low of $59,800, which could signal trouble. If this level is breached, Bitcoin could drop to the red zone at $58,000. On the other hand, if it rises, we may see new highs. Keep a close watch on the chart and trends.

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 €137,653.10 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 €161,378.09 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 €229,211.24 and €288,181.31 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 €612,140.26 and €658,546.65 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.