Bitcoin price prediction 2024/2025 - 2030
Axel is a crypto analyst and is deeply involved in the world of crypto and blockchain
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: November 14, 2024
This week, Bitcoin has broken its all-time high multiple times. Over this period, the cryptocurrency has risen by 20%, with no significant corrections along the way. Does this mean a pullback is imminent? Let’s take a closer look at the charts.
How is BTC Performing?
We begin this analysis with Bitcoin’s weekly chart. Each candle here represents seven days, giving us a comprehensive view of its price history. The chart reveals how the coin has evolved over recent years.
Two years ago, Bitcoin was priced at around $16,000. Since then, it has experienced consistent growth and is currently trading at approximately $91,000—a 450% increase from $16,000.
The trend remains bullish, with higher highs and higher lows, signaling a potential continuation of the upward movement. However, given the prolonged lack of a meaningful correction, it seems increasingly likely that one may occur soon.
Is a Pullback Coming?
To delve deeper, we’ll examine Bitcoin’s daily chart, where each candle represents 24 hours. This allows us to focus on key price levels, represented by green and red zones on the chart.
These zones mark areas that have historically acted as support or resistance. They are likely to remain influential if the price retraces. Keeping these levels visible on the chart is essential.
While Bitcoin’s current momentum remains strong, sustained upward trends often see corrections along the way. Since breaking through the $73,000 resistance level, Bitcoin has not faced significant downward pressure. If the bullish trend weakens, a pullback to this level is a plausible scenario.
For now, we can only wait and monitor the market’s movements. With Bitcoin trading near its all-time high, historical price points offer little guidance. Stay vigilant and watch the charts closely to track the trend.
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 €212,697.43 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 €249,356.57 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 €354,170.31 and €445,289.09 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 €945,860.70 and €1,017,566.46 thereafter.
Year | June | December | % compared to current price |
---|---|---|---|
2024 | €87,205.59 | €212,697.43 | 130.62% |
2025 | €208,631.16 | €249,356.57 | 170.36% |
2026 | €285,963.11 | €354,170.31 | 284.01% |
2027 | €373,236.86 | €445,289.09 | 382.8% |
2028 | €373,236.86 | €445,289.09 | 382.8% |
2029 | €460,523.95 | €525,918.65 | 470.22% |
2030 | €654,986.76 | €726,241.54 | 687.42% |
2031 | €945,860.70 | €1,017,566.46 | 1,003.29% |
2032 | €1,332,900.45 | €1,395,579.89 | 1,413.14% |
2033 | €1,819,521.43 | €1,889,883.68 | 1,949.09% |
This information is sourced from DigitalCoinPrice and was updated on November 21, 2024. Please be aware that the value of cryptocurrencies can fluctuate significantly. Only invest money you can afford to lose, and conduct your own research before deciding to invest.
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:
Predictions of other coins
Bitcoin price in the last 24 hours
View the key statistics from the past 24 hours here.
€89,487.00
€90,172.00
€86,494.00
Market information Bitcoin
Use these figures to get a better understanding of the Bitcoin market.
€77.1 billion
€1,770.3 billion
19.8 million
€90,172.00
BTC Return on Investment
See for yourself how much Bitcoin has risen or fallen over the years.
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.