The post Bitcoin Price Prediction 2024 – 2030: Can BTC Price Still Hit $100K This Year? appeared first on Coinpedia Fintech News
Story Highlights
- The live price of the Bitcoin token is $ 61,696.79879834
- If Bitcoin successfully retests its ATH, its price may reach $100k.
- BTC price is expected to make a meteoric rise toward $347,782 by 2030.
Amid rising global tensions such as the Israel-Iran war, the crypto market has suffered a significant hit. As a result, Bitcoin price has fallen to its $61,000 level, after brushing the $60k mark. BTC also saw over $500 million worth of liquidations and ~$242 M of BTC ETFs being sold. This has historically been the worst start to a bullish month for Bitcoin.
Amidst uncertainty, questions like, “Can Bitcoin still hit the $100K mark?”, “Will Bitcoin go back up?”, or “Where it could be in five years?” are surfacing yet again! This comprehensive Bitcoin Price Prediction solves such doubts.
Table of contents
- Story Highlights
- Overview
- Bitcoin Price Prediction October 2024
- Bitcoin Price Prediction 2024
- Bitcoin Price Prediction 2025
- Bitcoin Price Prediction 2026 – 2030
- Bitcoin Market Price Prediction: Analyst and Influencer’s BTC Price Target
- CoinPedia’s Bitcoin (BTC) Price Prediction
- Bitcoin Historic Price Sentiments:
- FAQs
Overview
| Cryptocurrency | Bitcoin |
| Token | BTC |
| Price | $ 61,696.79879834  -3.62% |
| Market Cap | $ 1,219,236,466,865.99 |
| Trading Volume | $ 50,306,200,142.9810 |
| Circulating Supply | 19,761,746.00 |
| All-time High | $68,789.63 Nov 10, 2021 |
| All-time Low | $0.04865 Jul 15, 2010 |
| 24 High | Coming soon |
| 24 Low | Coming Soon |
Bitcoin Price Prediction October 2024
The price of bitcoin is presently trading below the 9-day SMA of $63,945, in a declining channel, at $61,557.19. At 48.50, the RSI indicates neutral momentum but has a negative slant. Given that it coincides with the lower trendline support, $55,000 could be the potential low target for October 2024.
The average price of Bitcoin may remain around $60,000 if it is unable to overcome resistance at $63,945. On the other hand, $67,000 represents a possible high target if a breakout happens above the channel and represents a retest of significant psychological resistance levels.
| Month | Potential Low | Potential Average | Potential High |
| October | $55,000 | $60,000 | $67,646 |
Also Read: What is Bitcoin? An In-Depth Guide To The King Of Digital Currencies
Bitcoin Price Prediction 2024
With a bull run for most of Q1, Q2, and Q3 of 2024, the buyers are confidently taking bullish positions in Bitcoin. As the uptrend peaks at $72,000 and sustains dominance above $62,000, the bull run could gain momentum.
Rising hopes for interest rate cuts in the US market will push BTC’s price uptrend. Therefore, 2024 is highly anticipated to be a bullish year for Bitcoin, with a potential high of around $100,000 and a potential low of $46,146.75.
| Year | Potential Low | Potential Average | Potential High |
| 2024 | $46,146.75 | $73,073.37 | $100,000 |
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 $135,449 with a low of $61,357. Therefore, the average Bitcoin price projection for 2025 will potentially be $95,903.
| Year | Potential Low | Potential Average | Potential High |
| 2025 | $61,357 | $95,903 | $135,449 |
Bitcoin Price Prediction 2026 – 2030
| Year | Potential Low ($) | Average Price ($) | Potential High ($) |
| 2026 | 82,522 | 115,569 | 155,283 |
| 2027 | 152,837 | 160,942 | 169,046 |
| 2028 | 174,063 | 183,485 | 192,907 |
| 2029 | 204,634 | 222,096 | 239,558 |
| 2030 | 277,751 | 312,767 | 347,782 |
Bitcoin Crypto Price Forecast 2026
The BTC price range in 2026 is expected to be between $82,522 and $155,283. Moreover, the average price is projected to be $115,569.
BTC Price Prediction 2027
Subsequently, the Bitcoin price prediction could range between $152,837 to $169,046 during the year 2027. Furthermore, the average value of Bitcoin is expected to be $160,942, indicating a relatively stable bullish period for Bitcoin.
Bitcoin Price Target 2028
With the next Bitcoin halving, the BTC price will see another bullish spark in 2028. Specifically, as per our Bitcoin Price Prediction, the potential BTC price range in 2028 is $174,063 to $192,907. The average price is also expected to be $183,485, demonstrating continued positive momentum.
BTC Price 2029
Thereafter, the Bitcoin prediction for the year 2029 could range between $204,634 and $239,558. 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 $347,782. In conclusion, the average cost is expected to be $312,767.
Bitcoin Market Price Prediction: Analyst and Influencer’s BTC Price Target
| Firm Name | 2024 | 2025 |
| Gov.Capital | $91,245 | $123,352 |
| DigitalCoinPrice | $78,717 | $110,963 |
| Trading Beasts | $88, 632 | $154,435 |
- As per the Bitcoin forecast by Blockware Solutions, the price of 1 BTC could hit $400,000.
- The author of Rich Dad, Poor Dad, Robert Kiyosaki’s Bitcoin prediction speculates that the price will cross $100,000 this year.
- Adam Back supports the bullish prediction of Bitcoin and expects an all-time high above $100,000.
*The above Bitcoin predictions by analysts are from press time.
CoinPedia’s Bitcoin (BTC) Price Prediction
Firstly, at CoinPedia, we feel optimistic about Bitcoin’s price increase. We expect the BTC price to create a 2024 high of $100,000.
| Year | Potential Low | Potential Average | Potential High |
| 2024 | $46,146.75 | $73,073.37 | $100,000 |
Bitcoin Historic Price Sentiments:
Analyzing BTC’s historic price sentiment is suitable for rightly interpreting the indications we encounter while analyzing its future price sentiment.
In a nutshell, optimism and hope around Bitcoin have continued to grow ever since its launch. And now, with the institutions coming together, the outcome of the fourth Bitcoin halving is a crucial turning point.
Also read, Ethereum Price Prediction 2024 – 2030 for long-term price targets
FAQs
At the time of publishing, 1 Bitcoin value was $65,875.57
Bitcoin halving ensures that the amount of mineable Bitcoin reduces over time, making BTC more scarce and increasing its worth.
Bitcoin price will surge with the Bitcoin halving coming closer.
As per our Bitcoin Price Prediction 2024, it is expected to range between $46,146.75 and $100,000, with an average of $73,073.37.
As per Coinpedia’s BTC price prediction, 1 BTC could peak at $135,449.
In 2030, the BTC price target could reach a high of $347,783.
After the fourth Bitcoin Halving, the BTC price trend has slowly gained bullish momentum. As per the historical records, the BTC price is expected to rise again and hit the $100K mark.
Projecting a 10-year growth in a volatile asset like Bitcoin seems a far-stretched notion. However, the BTC price is expected to cross $300,000 by 2030. With global adoption, a single Bitcoin could be worth a million dollars.
The 2020 fall in Bitcoin found support at $3850 and started at $10,501. Considering you bought at the peak, your $100 investment would have increased by 437%. In short, your investment would be worth $437.
Amid increased whale activity and adoption, the price of BTC token has reclaimed the $66k level during the early Asian trading hours.
