Bitcoin Price Prediction: 2024, 2025, 2030 – AMBCrypto News
Bitcoin’s price at the same time last week was $51958.23. It has moved by -1.76 % in the past week and is currently at $51,049. Infact, in the past 24 hours, BTC has pumped by 0.27 %. There is a slight bullish sentiment in the crypto market. The long term sentiment, however, remains bullish and BTC could hit $88278.23 in 2025.
The total circulating supply of Bitcoin as of writing this article was $19,636,193 and the marketcap of BTC remains at $1,002,672,112,238
For some coins with little to no data points and inexistent historical data the model by default will show a positive price prediction. There is no way for our AI bot to decipher whitepaper, tokenomics and team integrity. The coin's price that you are about to see below can fall drastically depending on many factors, so please invest wisely after checking the team and project's whitepaper. This current price prediction is done by a machine crunching numbers and the model is still in the early beta stages. It should strictly not be taken as an investment advice. Although the best engineers are currently tweaking and updating the algorithm, no human has verified the price predicted below, so please use your discretion and make a decision wisely.
Given below is a comprehensive weekly technical analysis of BTC, followed by coming days of the month, upcoming months, and yearly forecast tables derived from our AI/ML-based predictive models:
In 2023, BTC demonstrated a remarkable recovery from its lows in 2022, showcasing a year of significant volatility and growth. The Bitcoin price prediction for 2024 presents an optimistic perspective.
In February, BTC was standing at a low point of around $21,000, marking a crucial support level. By mid-March, a notable price surge allowed the cryptocurrency to surpass the resistance level at $25,000, subsequently claiming it as a new support. This upward momentum continued, with the price reaching the resistance at $30,000 in April. However, this led to a slight rejection, and the price retracted to its support.
This pattern repeated in mid-June when the coin’s retest of the resistance led to subsequent declines. By mid-July, the price started to drop, eventually falling back to $25,000 by mid-August.
It wasn’t until the end of October that BTC finally broke through this resistance, surpassing the critical threshold of $38,000 by the end of November. December saw the price inching closer to the next major resistance at $45,000, crossing it slightly in January but failing to maintain momentum, leading to a minor dip.
Since December, BTC’s price has remained between this resistance and the support level at $40,000. At the time of writing, the coin exchanged hands at $42,964.
As the bulls push the price to the $45,000 mark again, it may encounter resistance, especially considering the previous increase in liquidations near this price point. Overcoming this could see potential rejections of around $48,000. However, the forthcoming halving event in April 2024 presents a bullish outlook, with healthy speculation that Bitcoin could reach $50,000.
Between the halving events of 2016 and 2020, Bitcoin experienced a surge of 1,263%. Prior to this, during the 2012-2016 phase, it witnessed an impressive increase of 5,187%. So, the next halving might repeat a similar pattern.
Some industry experts are even more optimistic, predicting that Bitcoin could surpass its all-time high (ATH) and reach between $80,000 and $100,000. This would require the coin to cross its highest resistance at $52,000. However, our prediction models suggest that such milestones are more likely in the following year, with a six-digit valuation possibly occurring by 2026.
Meanwhile, the broader cryptocurrency market experienced a general uptrend last year, driven by anticipations of the U.S. Securities and Exchange Commission (SEC) approving spot Bitcoin exchange-traded funds (ETFs). Yet, the actual approval led to a retraction of some gains due to a sell-off trend, which speculative trading actions have not sufficiently countered.
January 2024 saw Bitcoin’s value dip below $40,000, a significant downturn from its nearly $49,000 high on January 11, 2024. Amid these discussions, the Grayscale Bitcoin Trust (GBTC) has been highlighted due to significant outflows. However, the likelihood of a continued downtrend remains questionable. If a downturn were to occur, BTC might find support again at $38,000. Further declines could see the coin drop to as low as $30,000.
Bitcoin has had an eventful 2021. To simplify the latest BTC price prediction, we have divided up the prediction by short term Bitcoin price prediction and long term Bitcoin price prediction. As of writing this article, BTC had a trading volume of 20,593,940,436. Bitcoin has gone up by 27.53% in the past 30 days.
According to our analysis in the short term, Bitcoin price prediction for April 2024 shows the average price of BTC at 31927.39 and the highest possible price for April 2024 would be $34162.31.
Further, according to our analysis in the long term, Bitcoin price prediction for August 2024 shows the average price of BTC at 37872.06 and the highest possible price for August 2024 would be $40523.10.
Bitcoin price prediction 25 February 2024: Bitcoin's price for 25 February 2024 according to our analysis should range between $46550.05 to $53557.58 and the average price of BTC should be around $50053.82.
Bitcoin price prediction 26 February 2024: Bitcoin's price for 26 February 2024 according to our analysis should range between $46426.72 to $53415.68 and the average price of BTC should be around $49921.20.
Bitcoin price prediction 27 February 2024: Bitcoin's price for 27 February 2024 according to our analysis should range between $45875.33 to $52781.29 and the average price of BTC should be around $49328.31.
Bitcoin price prediction 28 February 2024: Bitcoin's price for 28 February 2024 according to our analysis should range between $45356.05 to $52183.84 and the average price of BTC should be around $48769.94.
Bitcoin price prediction 4 March 2024: Bitcoin's price for 4 March 2024 according to our analysis should range between $42625.55 to $49042.30 and the average price of BTC should be around $45833.92.
Bitcoin price prediction 9 March 2024: Bitcoin's price for 9 March 2024 according to our analysis should range between $39395.78 to $45326.33 and the average price of BTC should be around $42361.06.
Bitcoin price prediction 19 March 2024: Bitcoin's price for 19 March 2024 according to our analysis should range between $32273.94 to $37132.38 and the average price of BTC should be around $34703.16.
Bitcoin price prediction April 2024: Bitcoin's price for April 2024 according to our analysis should range between $29692.48 to $34162.31 and the average price of BTC should be around $31927.39.
Bitcoin price prediction May 2024: Bitcoin's price for May 2024 according to our analysis should range between $31074.61 to $35752.51 and the average price of BTC should be around $33413.56.
Bitcoin price prediction June 2024: Bitcoin's price for June 2024 according to our analysis should range between $32456.74 to $37342.71 and the average price of BTC should be around $34899.73.
Bitcoin price prediction July 2024: Bitcoin's price for July 2024 according to our analysis should range between $33838.88 to $38932.90 and the average price of BTC should be around $36385.89.
Bitcoin price prediction August 2024: Bitcoin's price for August 2024 according to our analysis should range between $35221.01 to $40523.10 and the average price of BTC should be around $37872.06.
Bitcoin price prediction September 2024: Bitcoin's price for September 2024 according to our analysis should range between $36603.15 to $42113.30 and the average price of BTC should be around $39358.22.
Bitcoin price prediction October 2024: Bitcoin's price for October 2024 according to our analysis should range between $37985.28 to $43703.49 and the average price of BTC should be around $40844.39.
Bitcoin price prediction November 2024: Bitcoin's price for November 2024 according to our analysis should range between $39367.41 to $45293.69 and the average price of BTC should be around $42330.55.
Bitcoin price prediction December 2024: Bitcoin's price for December 2024 according to our analysis should range between $40749.55 to $46883.89 and the average price of BTC should be around $43816.72.
Bitcoin’s long term Price Prediction below is a look at BTC’s future prospect with regards to price. Bitcoin was last seen at $51,049, with a market cap of $1,002,672,112,238 and trading volumes of $20,593,940,436. BTC’s price prediction is possible by analyzing historical price action, current developments and social sentiment from the community.
Bitcoin price prediction 2024: Bitcoin's price for 2024 according to our analysis should range between $35053.37 to $52580.06 and the average price of BTC should be around $43816.72.
Bitcoin price prediction 2025: Bitcoin's price for 2025 according to our analysis should range between $58852.15 to $88278.23 and the average price of BTC should be around $73565.19.
Bitcoin price prediction 2026: Bitcoin's price for 2026 according to our analysis should range between $77684.84 to $116527.27 and the average price of BTC should be around $97106.06.
Bitcoin price prediction 2027: Bitcoin's price for 2027 according to our analysis should range between $102543.99 to $153815.99 and the average price of BTC should be around $128179.99.
Bitcoin price prediction 2028: Bitcoin's price for 2028 according to our analysis should range between $135358.07 to $203037.11 and the average price of BTC should be around $169197.59.
Bitcoin price prediction 2029: Bitcoin's price for 2029 according to our analysis should range between $178672.66 to $268008.98 and the average price of BTC should be around $223340.82.
Bitcoin price prediction 2030: Bitcoin's price for 2030 according to our analysis should range between $235847.91 to $353771.86 and the average price of BTC should be around $294809.88.
Bitcoin price prediction 2031: Bitcoin's price for 2031 according to our analysis should range between $311319.24 to $466978.85 and the average price of BTC should be around $389149.04.
Bitcoin price prediction 2032: Bitcoin's price for 2032 according to our analysis should range between $410941.39 to $616412.09 and the average price of BTC should be around $513676.74.
Bitcoin price prediction 2033: Bitcoin's price for 2033 according to our analysis should range between $542442.64 to $813663.95 and the average price of BTC should be around $678053.29.
Bitcoin price prediction 2035: Bitcoin's price for 2035 according to our analysis should range between $945152.05 to $1417728.07 and the average price of BTC should be around $1181440.06.
Bitcoin’s current price is $51,049 and witnessed a 0.27% increase in the past 24 hours. BTC/BTC pair saw a 0% increase in the past 24 hours
Investing in Bitcoin, BTC will purely depend on your personal risk appetite. As you can see over the past 24 hours Bitcoin’s price has witnessed a 0.27% increase and over the past 30 days Bitcoin has increase by 27.53%. So it all depends on if this investment will hit your trading goals.
According to our latest Bitcoin Price prediction for 2024, BTC should vary between $52580.06 and $35053.37. Please keep in mind that the crypto market is very volatile and this Bitcoin price prediction does not account for extreme wild swings in price.
As per the Bitcoin price prediction 2024 model above, BTC’s price for February 2024 should range between $35053.37 to $52580.06 with the average price for February being $43816.72
According to the Bitcoin Price Prediction model above, BTC’s price in 2025 would be $73565.19. This price would however would range from $88278.23 and $58852.15.
According to the Bitcoin Price Prediction model above, BTC’s price in 2026 would be $97106.06. This price would however would range from $116527.27 and $77684.84.
According to the Bitcoin Price Prediction model above, BTC’s price in 2027 would be $128179.99. This price would however would range from $153815.99 and $102543.99.
According to the Bitcoin Price Prediction model above, BTC’s price in 2028 would be $169197.59. This price would however would range from $203037.11 and $135358.07.
According to the Bitcoin Price Prediction model above, BTC’s price in 2029 would be $223340.82. This price would however would range from $268008.98 and $178672.66.
According to the Bitcoin Price Prediction model above, BTC’s price in 2030 would be $294809.88. This price would however would range from $353771.86 and $235847.91.
According to the Bitcoin Price Prediction model above, BTC’s price in 2031 would be $389149.04. This price would however would range from $466978.85 and $311319.24.
According to the Bitcoin Price Prediction model above, BTC’s price in 2032 would be $513676.74. This price would however would range from $616412.09 and $410941.39.
According to the Bitcoin Price Prediction model above, BTC’s price in 2033 would be $678053.29. This price would however would range from $813663.95 and $542442.64.
According to the Bitcoin Price Prediction model above, BTC’s price in 2035 would be $1181440.06. This price would however would range from $1417728.07 and $945152.05.
The highest price for Bitcoin was recorded in 10 November 2021 during which BTC hit an All Time High of $69,045
The price of 1 Bitcoin according to current market rate is $51,049
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AMBCrypto's content is meant to be informational in nature and should not be interpreted as investment advice. Trading, buying or selling cryptocurrencies should be considered a high-risk investment and every reader is advised to do their own research before making any decisions.