The market leader Bitcoin has had a tough sail since the start of 2022. The cryptocurrency, after brushing its multi-year lows, is currently being traded between $16,500 – $17,000 in the foreign exchange market. Successively, occurrences such as FED’s interest rate hikes, Russian Invasion, Europe’s vote on PoW chains. An insolvency crisis of Celsius and 3AC, have collectively collared the bitcoin price prediction. Supply chains are evolving with Bitcoin and Blockchain.
With the recent spike in liquidations, coming in light of longs and the equity market’s turmoils. Investors and traders hold cynicism around the short term prospects of Bitcoin price and ethereum price. Are you one of the many, who are keen on Bitcoin’s Price Prediction? Fasten your seatbelts, as this write-up decodes the possible Bitcoin price prediction 2023 – 2025 and beyond.
Market Top Gainer XRP $ 0.343
OverviewCryptocurrencyBitcoinTokenBTCPrice$ 16,742.6400Market cap$ 0.0000Circulating Supply 0.0000Trading Volume $ 0.0000All-time high$ 0.0000 Jan 1, 1970All-time low$ 0.0000 Jan 1, 1970Bitcoin (BTC) Price PredictionBitcoin was the first decentralized digital currency to be introduced in the market. Many cryptocurrency work on this Blockchain technology. Bitcoin price has always been a highlight in the industry, its price effect the market valuation in a large volume. Bitcoin price predictions has always been a concern to many individuals including investors. This crypto is also considered to be the spine of crypto verse.
Bitcoin Price Prediction December 2022Source: Santiment.The current situation of the market is not certain, as experts suggest another crypto winter is on the way. The market may take time to recover from this bearish trend. Not much can be expected from it because the market’s volatility is at its peak.
If the bulls manage to take over the power from the bears, BTC’s price could go as high as $18,954.37. On the flip side, if bears weigh more than bulls, the price could settle at $13,857.28. That said, usual buying and selling pressures could settle the average selling price of $15,405.825.
Price PredictionPotential Low ($)Average Price ($)Potential High ($)December 202213,857.2815,405.82518,954.37Bitcoin Price Prediction 2023Bitcoin is Peer-to-Peer (P2P) electronic cash system, that is valuable over other methods of payment because of the monetary autonomy it brings to its users through decentralization. BTC uses the SHA-256 hash algorithm. It generates verifiably random numbers in a certain way and combinations that requires a predictable amount of computer processing power. With having a sole mission to create a more economic freedom in the world, Bitcoin has been making progress each day.
Bitcoin has many unique properties and working system, which allows its user to make transfers globally and with low processing fees. This new payment system has excited many users and continues to establish itself deeper into the system. According to Glassnode, the total supply held by holders has reached a new ATH of 13.62 million BTC.
A steady rise in volumes could push the bitcoin price to $43,959.19. In contrast, the price of the star crypto could sink to a low of $23,218.00. Successively, a balance in trade activities could settle the price at $34,412.75.
Price PredictionPotential Low ($)Average Price ($)Potential High ($)202323,218.0034,412.7543,959.19Bitcoin Price Prediction 2024 The next Bitcoin Halving event is expected to take place in 2024, with cutting the Bitcoin miners reward to 3.125 BTC per block. After the fourth halving 96.875% of the Bitcoins will be mined. The last BTC halving which took place in the year 2020 which sky rocked its price by more than 550% within a year’s time. Top analysts suggest the price to cross the mark of over $100,000 after the next event. This brings the Bitcoin Halving 2024 into spotlight and BTC price prediction into major concern.
Post event is expected to cause some disruption and instabilities in the market. Bitcoin halving is done to maintain the demand of BTC, by reducing the supply in circulation a scarcity is created which increases the demand of the coin thus, increasing its value. This gives more opportunity to investors and traders as there could be a huge surge in the crypto market.
Wherefore, the price could surge to a maximum of $74,967.47 by the end of 2024 taking the current market pattern into consideration. In contrast, factors like a prolonged bear run could knock the minimum price down to $39,453.57. That being said, the regular price of BTC could land at $57,743.23.
Price PredictionPotential Low ($)Average Price ($)Potential High ($)202439,453.5757,743.2374,967.47Bitcoin Price Prediction 2025If Bitcoin manages to diversify and empower its liquidity over the next three years. It holds the possibility to attract more investors, which would result in global recognition. That said, the chances of investments fueled by FOMO would be on the higher side. Prevailing, the bitcoin price could skyrocket to $124,867.54 by the end of 2025.
On the flip side, if the star crypto falls prey to the bears. Owing to criticism coming from the concerns of mining, energy consumption, and regulation, amongst others. The possibility of the BTC price ending the yearly trade at $65,556.29 cannot be ruled out. Consecutively, factoring in the bullish and bearish targets the average price might land at $95,298.65.
Price PredictionPotential Low ($)Average Price ($)Potential High ($)202565,556.2995,298.65124,867.54Bitcoin Price Prediction 2026 – 2030Price PredictionPotential Low ($)Average Price ($)Potential High ($)202680,732.85105,327.82130,632.712027114,837.52137,372.09163,792.432028152,262.78174.987.56196,794.322029225,873.49245,832.87300,362.852030270,235.36308,832.73347,783.36CoinPedia’s BTC Price PredictionAccording to the formulated price prediction by CoinPedia. Seeking impetus from institutional investments and acceptance. Bitcoin price prediction could propel to a maximum of $18,954.37 by the end of 2022. In contrast, if concerns around PoW chains and energy consumption worsen. We can expect the Bitcoin price to settle at levels around $15,405.825.
Factoring in Bitcoin’s price projections in the past, we can make the assumption that BTC price could probably move sideways for the next two years until 2023. And then initiate a bull run in 2024, which also marks the halving event.
Market AnalysisFirm Name2022202320242025Wallet Investor$21,565.84$25,333.67$28,606.59$32,098.54Digital Coin Price$21,484.18$34,212.48$44,359.71$54,179.07Gov. Capital$22,049.62$55,909.87$93,993.09$138,715*The aforementioned targets are the average targets set by the respective firms.
What Is Bitcoin?Bitcoin is a digital currency that aims to emerge as an alternative to FIAT across nations. And empower individuals with its decentralized nature and peer-to-peer technology for instant payments. Unlike the traditional financial system, Bitcoin is not controlled by any government or organization, or by individuals. The price of Bitcoin solely depends on its demand and supply.
Since its inception in the year 2008 by an anonymous creator or creators known to the world as Satoshi nakamoto. Bitcoin has taken the digital age by a storm, it also enjoys the title of being the oldest and largest cryptocurrency. Bitcoin’s working relies on a completely decentralized system, making use of its open-source protocol. Which pushes it head-on against the flaws of FIAT.
Bitcoin Organization is organizing bitcoin conferences and events. Bitcoin is an open-source sponsorship-resistant peer-to-peer fixed network. Bitcoin organization is not Bitcoin’s official website. Bitcoin has controlled all Bitcoin users around the world. The mission of bitcoin is to give an accurate description of Bitcoin’s properties, potential uses, and limitations and improve Bitcoin’s worldwide accessibility with internationalization. Bitcoin organization is established by Satoshi Nakamoto and Martti Malmi in the year 2011. The company is placed in San Jose, California.
Bitcoin is the easiest way to transact at a very low cost. The transaction is available in Mobile payments, Security works everywhere, anytime, protecting identity. Its design is public, nobody owns or controls Bitcoin. Bitcoin uses technology to operate with no central authority or banks, They manage transactions and the issuing of bitcoins is carried out by the network. The advantages of Bitcoin org are Peer to peer transactions, World wide transactions, and Low processing fees.
Bitcoin Historic Price Sentiments 2008 – 2022The proposal of introducing Bitcoin was implemented in 2008 by a pseudonymous person/group of persons called Satoshi Nakamoto. Bitcoin was launched on the 3rd of January 2009, when a block named genesis got mined. Later the transaction took place after a week. BTC was officially launched on the exchange Bitcoinmarket.com at a price of $0.003.The price drastically surged to $32 by early June 2011, but further fell to $10. With certain variations.With certain variations, BTC managed to trade around $5.27 and $12.57 throughout the year 2012.Interestingly, the bitcoin price hit $1,124.71 by the end of November 2013. And closed the annual trade at $755.16.BTC entered 2014 with a price of around $818.76 but did encounter fluctuations further on. Bitcoin was seen trading between $321.05 and $839.01 throughout 2014.The coin hovered between $229.75 and $416.82 for the year 2015.Bitcoin commenced its trade for 2016 with a price tag of $433.67. BTC’s price hit $753.35 by mid-June as the community announced the news about its second halving event.The price soared dramatically to $2,164.46 by the end of May, and to $2,968.00 by Mid June 2017. The release of hard fork Bitcoin Cash (BCH) in early August by the community. Made way to a progressive price surge to $3,223.95. BTC’s price recorded its ATH of $18,474.11 on the 18th of December 2017. The price was seen further declining to $14,839.59 towards year-end.Bitcoin was seen commencing 2018 on a bearish note, with a price tag of $13,877.46. The proposal of Bitcoin’s ban by Korean authorities, led to a massive price crash to $8,270.10 by mid-February.The eternal-like control of bear market led Bitcoin to commence January at $3,692.53. Bitcoin had made its way to the second quarter with a price tag of $5,300, the star crypto touched the $11,300 mark. The year was terminated on a bearish note at $7,379.96.The announcement of Bitcoin third halving event helped the price surge progressively to $8,900 by the end of May 2020. Surprisingly, the altcoin was trading at $21,352.13 by mid-December and managed to end the annual trade at $29,388.94.Pursuing its bullish trend, BTC price smashed a new ATH of $64,863 on the 14th of April, 2021. However, the BTC price took a steep plunge from $64k to $29.8k, following the market crash. September 7th was a historic day for Bitcoin, as it became a legal tender in El-Salvador, which pushed the price to $53k. The price of Bitcoin took a move to a New ATH of $69,045 on the 11th of November.Bitcoin seems to have parted ways with Wall Street. While the stocks faced south, the BTC price rallied and reached $21,428.46. The CZ (BNB) – SBF (FTT) dispute has caused the entire market to crash.FAQsHow often does Bitcoin halving take place?
The Bitcoin halving takes place once every four years or once every 210,000 blocks. The next BTC halving is expected to take place in 2024.
What will the maximum Bitcoin price prediction by the end of 2022?
The price of the star crypto could possibly surge as high as $18,954.37 by the end of 2022.
How high can Bitcoin price go by the end of 2030?
According to our Bitcoin price prediction, the BTC price could possibly reach as high as $74,632.83 by the end of 2025. BTC is predicted to reach a high of $250,000 by the end of 2030.
Why Bitcoin halving is done?
Bitcoin halving ensures that the amount of bitcoin that can be mined with each block decreases, making bitcoin more scarce ultimately more valuable.
What happens to lost Bitcoin?
If you lose your Bitcoin, you will never retrieve it back.