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The post Bitcoin Price Prediction 2024 – 2030: Can BTC Price Still Hit $100K This Year? appeared first on Coinpedia Fintech News
With the crypto market regaining momentum, the Bitcoin price has surpassed the $60,000 level again. Moreover, with the ongoing series of events, the star crypto displays a high possibility of testing its psychological level of $62k.
Furthermore, with the upcoming FED meeting and the second assassination attempt on the U.S. Presidential candidate Donald Trump, the crypto market has experienced increased price action.
Amidst uncertainty, questions like, “Is Bitcoin ready to 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.
| Cryptocurrency | Bitcoin |
| Token | BTC |
| Price | $ 60,174.40282222  2.29% |
| Market Cap | $ 1,188,784,441,114.88 |
| Trading Volume | $ 39,165,564,166.3843 |
| Circulating Supply | 19,755,650.00 |
| All-time High | $68,789.63 Nov 10, 2021 |
| All-time Low | $0.04865 Jul 15, 2010 |
| 24 High | $ N/A |
| 24 Low | $ N/A |
The BTC price has recorded a strong bullish reversal. This has resulted in the price of Bitcoin adding ~5% in valuation in the past day. Furthermore, the price has successfully reclaimed the $60k level, indicating increased positive sentiments.
If the bulls reclaim the $62k mark, the Bitcoin market price will prepare to test its upper resistance level of $66,726.25 by the end of September. Conversely, $55,000 is the next crucial area of support.
| Month | Potential Low | Potential Average | Potential High |
| September | $55,000 | $60,863.125 | $66,726.25 |
Also Read: What is Bitcoin? An In-Depth Guide To The King Of Digital Currencies
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 |
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 | $135,449 |
| Year | Potential Low ($) | 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 |
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.
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.
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.
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.
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.
| Firm Name | 2024 | 2025 |
| Gov.Capital | $91,245 | $123,352 |
| DigitalCoinPrice | $78,717 | $110,963 |
| Trading Beasts | $88, 632 | $154,435 |
Firstly, at CoinPedia, we feel optimistic about Bitcoin’s price increase.
Hence, 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 |
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
At the time of writing, 1 Bitcoin value was $60,540.61
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 $61k level during the early Asian trading hours.
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