The Bitcoin bull market is back, fueled this time by ETF approvals and the 2024 halving event, with the price reaching over $100,000 per BTC. Technical and fundamental analysis suggests a potential trajectory reaching up to $679,000 by 2035. These cycles are primarily driven by halving events and increasing institutional adoption of cryptocurrency.
Key factors influencing BTC's price include miner activity, exchange volume peaks, and geopolitical regulations, all reinforcing its long-term growth potential.
Long-Term Bitcoin Price Forecast by Year
Here is a table presenting our projected annual high and low price forecasts for Bitcoin up to 2035.
| Year | Projected Maximum BTC Price | Projected Minimum BTC Price |
|---|---|---|
| 2024 | $77,021 | $31,810 |
| 2025 | $189,313 | $59,537 |
| 2026 | $147,664 | $51,466 |
| 2027 | $124,692 | $62,346 |
| 2028 | $177,063 | $109,779 |
| 2029 | $398,391 | $199,196 |
| 2030 | $420,248 | $235,815 |
| 2031 | $530,584 | $265,291 |
| 2032 | $384,671 | $192,336 |
| 2033 | $432,756 | $268,309 |
| 2034 | $603,695 | $301,847 |
| 2035 | $679,156 | $339,578 |
These price estimates may vary based on network growth, whale account activity, market criticism, mixing service usage, anonymous purchases, and trading trends like short-selling pressure.
Bitcoin (BTC) Prediction and Technical Analysis
Before exploring broader technical analysis, it's important to first consider the short-term perspective. Let's examine the daily BTC/USDT chart in detail.
Short-Term BTC Analysis
The chart from December 2024 presents several possibilities. The price of BTC appears to be moving within an ascending channel pattern. A breakout above the upper trend line could ultimately push the price higher.
According to Fibonacci levels, once the $103,000 level is definitively broken with high volume, BTC could then surpass $112,000 and even reach $120,000 fairly quickly.
Another encouraging signal is the MACD indicator, which has not yet issued a buy signal. Even so, reaching $147,000 in the medium term should not present a major problem.
Weekly Bitcoin Price Data Chart Analysis
For the sake of analysis and impartiality, we have based our historical price analysis on data starting from 2023.
Looking at the Bitstamp BTC/USD trading pair with a broader view reveals an interesting trend. Historical analysis suggests a pattern from A to F for BTC, where A is the first peak, C is a lower peak, and E is a higher peak. Potential higher lows are found at points B, D, and F.
A closer examination shows a similar pattern forming with points A1-B1-C1 already in place. The next series of points would then be D1, E1, and F1, which could indicate Bitcoin's future potential price.
The key question is how we can be sure that C1 is a fixed point and that there will be an E1 point. The answer lies in the RSI.
Notice that the RSI began to peak at C, the first lower high on the chart. After that, the index peaked, much like the price did after the 2020 halving. At C1, the RSI is now at a similar level, and with the halving event expected in less than three months, a surge in BTC's price seems imminent.
Calculating Key Levels for Bitcoin Predictions
Now that we have located the points, it's time to find the price increases and decreases between them. This will allow us to identify average price movements.
Key levels for the first A-F pattern:
| Movement | Change |
|---|---|
| A to B | -84.40% in 371 days |
| B to C | 342.06% in 189 days |
| C to D | -71.92% in 259 days |
| D to E | 1542% in 399 days |
| E to F | -56.03% in 70 days |
| F to A1 | 142.25% in 140 days |
Key levels for the second pattern:
| Movement | Change |
|---|---|
| A1 to B1 | -77.68% in 378 days |
| B1 to C1 | 217.90% in 413 days |
Now that we have all the crucial levels for BTC's price, here are our conclusions:
- Average price percentage – from high to low: -72.51% in 270 days (most pessimistic scenario during bear markets)
- Average price percentage – from low to high: 561.05% in 285 days (best-case scenario during bull cycles)
We will now use this data to determine Bitcoin's future price.
👉 Explore more market analysis strategies
Detailed Year-by-Year Bitcoin Forecast
Bitcoin Forecast for 2024
- Perspective: Bullish (Achieved)
We initially used the previous charts to make our 2024 Bitcoin forecast. Here are the findings:
We had the last peak, or C1. Using previous data points, we assumed the lowest percentage drop could be 72.51% from this level, suggesting the BTC price could find support near $31,810. This was our forecast for Bitcoin's minimum price in 2024.
From that level, we expected a rise of 142.25% (the lowest price increase percentage from the table above) in 140 days, which also accounts for positive halving sentiment.
Therefore, according to our initial Bitcoin forecast, the maximum price would be $77,021. It's important to note this was a conservative estimate, and BTC is currently trading above $100,000, which also aligns with our broader expectations.
Bitcoin Prediction for 2025
- Perspective: Bullish
Assuming BTC's price reached $77,021 in 2024, the next low or minimum price for Bitcoin in 2025 could find support near **$59,537**. This forecast holds even with Bitcoin's price currently above $100,000.
Although we targeted the average price percentage for a drop at 72.51%, declines are typically not as sharp at least six to 18 months after a halving event.
However, the low could manifest quickly, probably in early 2025. After this trough, BTC is expected to reach new highs. This is what happened 18 months after its 2020 halving. Although a 561.05% increase is not out of the question, the launch of the ETF and subsequent frequent sales by asset managers suggest a more conservative increase percentage of 217.90% – the second-lowest percentage movement from a low to a high.
With this in mind, BTC could peak at $189,313 in 2025. Note that the timing may differ, and this level could be reached in early 2026.
- Expected ROI from current level: 89.31%
Bitcoin Forecast for 2026
- Perspective: Bullish
When BTC reaches a level near $200,000 around 2025-26, it could then undergo a correction in anticipation of the next halving cycle expected in 2028. Miners taking profits may wish to sell their holdings, followed by ETF holders. This could lead to a deeper correction in 2026, potentially continuing into early 2027. A 72.51% drop in Bitcoin's price could be considered at that time.
This low could bring BTC to a minimum level of $51,466** by the end of 2026 or early 2027. From there, the upside may be limited, as is typical for BTC before any halving cycle. **Consequently, the 2027 peak could be around $124,692. Furthermore, we expect BTC to rise to a maximum peak of $147,664 in 2026.
- Expected ROI from current level: 47.66%
Bitcoin Forecast for 2027
- Perspective: Moderately Bullish
Bitcoin's price performance in 2027 is expected to mirror its past pre-halving patterns, emphasizing price consolidation. The post-2026 downward momentum could extend into early 2027, with a potential drop near $51,466 as miners and ETF holders sell their assets to cash in profits. This drop represents the projected 72.51% retracement from the 2026 high.
By mid-2027, the market could see a recovery, driven by prospects of the 2028 halving event. However, historical Bitcoin price data suggests more measured growth compared to previous bull cycles, with a peak of $124,692 expected by year-end. This growth aligns with the moderate upward trend often seen in the years leading up to the halving.
- Expected ROI from current level: 24.69%
Bitcoin Forecast for 2028
- Perspective: Bullish
2028 will be a pivotal year for Bitcoin, with the halving event acting as a bullish catalyst for BTC's price. Historically, halving years have triggered significant price surges due to the reduced issuance of bitcoins and a more positive market sentiment.
The predicted minimum price in this Bitcoin forecast, $109,779**, represents a solid support level, reflecting investor confidence in BTC's long-term value. Post-halving, an aggressive upward trajectory is expected, pushing the price to a maximum of **$177,063 by the end of the year. This aligns with the 217.90% growth trajectory observed in similar periods for Bitcoin's price.
- Expected ROI from current level: 77.06%
Bitcoin Forecast for 2029
- Perspective: Bullish
The year 2029 is expected to be the peak of Bitcoin's bull cycle, with new all-time highs in sight. The momentum of BTC's price, fueled by the 2028 halving, could reach its climax this year. Historical analysis and Fibonacci extensions suggest a maximum price of $398,391 for Bitcoin, driven by intensified buying from both retail and institutions.
However, the market could also experience volatility, with corrections pulling the price back to $199,196, a level consistent with average retracements after a peak. This duality reflects both the price highs reached due to euphoria and the subsequent profit-taking.
- Expected ROI from current level: 298.39%
Bitcoin Forecast for 2030
- Perspective: Bullish
Now that we know the Bitcoin forecasts for 2029, as well as the 2026-27 lows and the 2027 high, we can chart an extrapolated version of these forecasts, keeping the 2028 halving in mind.
**According to our calculations, we can forecast Bitcoin at $420,248 by the end of 2030.** The minimum price of BTC in 2030 could be $235,815, which currently coincides with our 0.5 Fib retracement level.
- Expected ROI from current level: 320.25%
Fundamental Analysis of Bitcoin
Before you buy BTC, whether on exchanges or via P2P channels, it's good to take a closer look at fundamental parameters. While technical analysis can help with price action, cryptocurrency fundamentals can help you zoom in on the details.
The first and one of the most important fundamental measures is the stock-to-flow model, or S2F. Bitcoin's S2F ratio appears to be increasing, with the price approaching the fair value proposed by the model. This indicates the asset's price could move sideways for some time, following the S2F ratio, before heading towards $100,000 territory.
Another bullish indication is found in the rising market capitalization, which aligns with BTC's trading volumes.
Active Addresses and Traders
Examining the graph of active addresses on the Bitcoin network reveals an interesting trend. From 2024 onward, the number of active addresses seems to be decreasing. This could signify a holding pattern.
This may not be the most immediately bullish signal. However, if accompanied by growing exchange volume, we can expect fireworks after the halving, as users hold their assets and do not sell immediately. Indeed, BTC that moves is primarily led by traders.
To complement this hypothesis, consider the BTC holding pattern as reported by CoinMarketCap. As you can see, holders represent more than 69% of addresses, which explains both the dip and the bullish prospects for the asset.
Other Indicators
The Bitcoin halving is very near: how, then, can we not talk about miners? In mid-January 2024, BTC miners actively sold their coins, which could indicate the need to prepare for this halving event.
These rapid sales keep the asset's price under control, so it is not an alarming sign in the medium or long term.
It is important to note that the MPI (Miner's Position Index) is a more reliable indicator, as it takes the total miner outflows and creates a ratio with the 365-day average, providing more precise results.
Furthermore, if you are concerned about Bitcoin miners dumping their assets, consider this perspective on miner revenues and network NFTs from Will Clemente, co-founder of Reflexivity Research.
Despite the rise in BTC's price in recent months, it should be noted that Bitcoin's dominance is leaning slightly in favor of altcoins. This may be why Ethereum, which holds the second position, gained momentum on crypto exchanges in January.
Besides the mentioned parameters, you can also examine Bitcoin futures and options for a more detailed view related to the price. For example, if BTC futures prices are trading higher than spot prices, an upward trend is emerging. This is called "Contango," and the downward trend, or rather the opposite version, is called "Backwardation."
In the options market, a high put-to-call ratio can indicate bearish sentiment, with put options being those that bet on a decrease in BTC's price.
Additionally, the presence of Bitcoin on other ecosystems as "wrapped tokens" and comparison with other Proof-of-Work (PoW) assets like Litecoin can also contribute to the future price action of Bitcoin.
👉 Get advanced market analysis tools
Is It a Good Idea to Invest in Bitcoin Currently?
If you plan to hold your BTC for the long term, you can simply go to an exchange and buy the asset without worrying about its all-time highs or the possibility of a drop. However, if you are more of a "market timing" investor, you can follow this Bitcoin price prediction, wait for some of the possible corrections mentioned, and then try to best synchronize your BTC purchase with the market.
Disclaimer: This article is for informational and educational purposes only and should not be considered financial advice. All cryptocurrency investments are high-risk. Always do your own research and never invest more than you can comfortably afford to lose.
Frequently Asked Questions
What will Bitcoin be worth in 2025?
Based on our BTC price forecast model and the current state of the crypto market, Bitcoin could reach $189,313 in 2025. To reach this price, however, BTC will need to break through several of its previous all-time highs. The lowest price in 2025 could be $59,537.
How do you trade Bitcoin?
You can easily trade Bitcoin on centralized crypto exchanges. Once you have created an account, you can start buying BTC using the technical tools built into the exchange. You can then sell the asset based on the trading pair you choose.
What will Bitcoin be worth in 2030?
Although it is very difficult to predict the price of a cryptocurrency, especially as far out as 2030, our BTC price prediction model places its 2030 peak at $420,248. However, the final price depends on Bitcoin's market capitalization, the current state of the crypto market, and other parameters.
Why is BTC rising?
Several reasons explain the current rise in BTC. The first reason is the enthusiasm surrounding spot BTC ETFs. The second reason is its upcoming "halving" event. Furthermore, halving events are historically known to give a positive impulse to the price of this cryptocurrency.