Bitcoin Price Prediction 2024-2030: Will BTC Price Cross The $100K Milestone Post-Halving?

With the markets filled with high hopes, questions arise, such as: “Is Bitcoin ready to reach the $100K mark?” or “Will Bitcoin ever go up?” or “Where will Bitcoin be in 5 years?”

We bring our comprehensive Bitcoin Price Prediction 2024-2030 to solve such doubts.

Overview

Cryptocurrency	Bitcoin
Token	BTC
Price	$ 61,586.24859261 -2.04%
Market Cap	$ 1,212,989,264,891.6160
Trading Volume	$ 25,221,418,683.3947
Circulating Supply	19,695,781.0000
All-time High	$68,789.63 Nov 10, 2021
All-time Low	$0.04865 Jul 15, 2010
24 High	$ 62,919.0500
24 Low	$ 60,888.0000

Bitcoin Price Prediction May 2024

With $95 million in long liquidations, Bitcoin’s price has struggled to rebound from the $60,000 support level. A 5% drop last night resulted in a significant bearish candle that breached this support zone. Consequently, the bullish flag pattern failed to sustain, indicating a potential downside reversal. Increased FUD sentiments further suggest that Bitcoin’s price may decline further.

Technical indicators, including the MACD and RSI, hint at a growing bearish momentum. The MACD is trending negatively, and the daily RSI is approaching the oversold territory, which could signal an impending drop.

Currently, Bitcoin is trading at $57,094, with an intraday drop of 5.93%, indicating a quick rise in the sell-off. The downfall could approach the 200D EMA at $51,952 before taking a bullish reversal to the $68,283.

Also Read: What is Bitcoin? An In-Depth Guide To The King Of Digital Currencies

Bitcoin Price Prediction 2024

The high spirits around the Bitcoin Spot ETF approvals kick in for the BTC price to spark a bull run. The uptrend continues the streak of 5 monthly bullish candles and is ready to challenge the overhead resistance at $50K. Moreover, the halving year has always been bullish in Bitcoin history, leading to a bull run in the next year. 

Rising hopes for interest rate cuts in the US market will bolster BTC’s price uptrend. Therefore, 2024 is highly anticipated to be a bullish year for Bitcoin, with a potential high of around $120,000 and a potential low of $35,000.

Bitcoin Price Prediction 2025-2030 

Bitcoin Price Prediction 2025

With the launch of potentially more Bitcoin-related financial services and the global adoption spark of Bitcoin, BTC prices will maintain a bullish trend in 2025. The cryptocurrency is expected to create a high of $140,449 with a low of $61,357. Therefore, the average Bitcoin price prediction for 2025 will potentially be $95,903. 

Bitcoin Price Prediction 2026

Firstly, according to Bitcoin Price Prediction 2026, the BTC price range in 2026 is expected to be between $82,522 and $155,284. Moreover, the average price is projected to be $115,569.

BTC Price Prediction 2027

Subsequently, as per BTC Price Prediction for 2027, the Bitcoin price range can be between $152,837 to $169,047. Furthermore, the average price is expected to be $160,942, indicating a relatively stable bullish period for Bitcoin.

Bitcoin Price Prediction 2028

With the 5th Halving, the Bitcoin price will see another bullish spark in 2028. Specifically, as per Bitcoin Price Prediction 2028, the potential BTC price range in 2028 is $174,063 to $192,908. The average price is also expected to be $183,485, demonstrating continued positive momentum.

BTC Price Prediction 2029

Thereafter, as per BTC Price Prediction 2029, the BTC price will range between $204,634 and $239,559. The average price is projected to be $222,096, indicating a significant rise in Bitcoin’s value.

Bitcoin Price Prediction 2030

Finally, in 2030, Bitcoin prices are predicted to maintain a positive trend. Indeed, the BTC price is expected to reach a new all-time high, ranging between $277,751 and $347,783. In conclusion, the average cost is expected to be $312,767.

Bitcoin Market Price Prediction: Analyst and Influencer’s BTC Price Prediction

• Blockware Solutions Predict Bitcoin Post-Halving Price To Reach $400,000.
• Tommy Lee, Head of Research at Fundstrat, predicts Bitcoin to surge between $250,000 to $500,000.
• Robert Kiyosaki predicts the Bitcoin price to reach $120,000 in 2024.
• Blockstream CEO Adam Back predicts Bitcoin to hit an all-time high of over $100,000 in 2024.

Also Check Out : Bitcoin ETF Approved: Exploring the Next Big Catalyst For Crypto Bull Run 2024

CoinPedia’s Bitcoin (BTC) Price Prediction

Firstly, at CoinPedia, we feel optimistic about Bitcoin’s price increase.

Hence, We expect the BTC price to create a 2024 high of $120,000.  

ChatGPT Predicts Bitcoin Price To Cross $1 Million 

Furthermore, using the above Bitcoin Halving table, we asked ChatGPT to calculate the potential jump in Bitcoin after the 2024 halving. Utilizing Arithmetic and Geometric Progression, respectively, ChatGPT calculates the Bitcoin price prediction for 2024 post-halving to be a 290% and 4,160% jump.

Rounding off the current Bitcoin price to $26,000, firstly, the calculations display the post-halving Bitcoin to skyrocket drastically. Specifically, reaching $101,400 by A.P. and $1,107,808 by G.P., Bitcoin is set to create a new high in 2024.

Many influencers and Bitcoin maximalists are predicting the BTC price to reach $1M, but the chances of them using G.P. are less, but not zero. 

Bitcoin Historic Price Sentiments 2008 – 2024

Analyzing the historic price sentiment of BTC is suitable for rightly interpreting the indications we come across while analyzing its future price sentiment.  

In a nutshell, the optimism and hope around Bitcoin have continued to grow ever since its launch. And now, with the institutions coming together with the 4th Bitcoin halving around the corner marks a crucial turning point. The upcoming years for BTC are marked in green as Bitcoin adoption grows like wildfire in a fiat world.

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