The price movement of Bitcoin is a rollercoaster of surprises, from the bull run of 2017 to the great crypto crash. But 2021 is among the most instrumental to the digital token since its inception in 2019. The crypto started the year with a bull run and eventually hit an all-time high of $64,000 in May. The bearish move has seen it dip to $36,000.
So will Bitcoin will tumble further, or will it hit the $100,000 mark? This article explores expert prediction of Bitcoin prices for 2025. But before that, letâs take a step back and briefly see how bitcoin has fared in the past.
Bitcoin and its Growth
Created by anonymous developers, Bitcoin was designed for daily transactions and circumvent cross-border payments. It has experienced wide adoption, gaining traction as a store of value and a hedge against inflation.
Since it has no real utility, the initial price fluctuation stems from sentimental value. This means retail trades and investorsâ forecasts on future value drive its prices. While Bitcoin remains highly volatile, it has entered the mainstream economy thanks to its adoption by institutional investors. The regulatory institutions working hard to craft rules regulating the market have also affected the crypto prices.
Bitcoin â Price History Lesson
Bitcoin was an alien idea soon after its creation. Not many people understood what it was or represented. By April 2011, it was selling at $1 and rose to $29, representing 2900% in three months. However, a recession came, followed by an uneventful 2012. Growth resumed with its value reaching $200 at the beginning of 2013 and spiking to over $1,200 in December.
Then the bull run came in 2017, and the price skyrocketed from $900 at the end of 2016 to $19,000 in December 2017. The price of bitcoin entered a ranging market for the next two years. In 2020, the pandemic hit, and the price of Bitcoin opened the year at $6,000. It, however, grew gradually to close the year at $29000.
In 2021, it took a month for bitcoin to smash previous price records. The virtual currency hit a market cap of $1 billion in February. By April, the price hit a new high of $63,000. It, however, shed over 50% of its value by July, falling to $29,000. The ups and downs continued and reached an all-time high of $67000 in November. However, it has dipped due to concerns of Omicron variants and is now trading at $36,000.
Bitcoin Price Forecasts for 2025
As the first expert predictions, we will use data from CryptoPredictions.com. This site uses mathematical computing to predict the price of cryptocurrencies. These predictions are updated every 5 minutes so they might differ at the time of your reading.
While many experts predict the price of Bitcoin will be upwards of $100,000, the site has more conservative predictions.
Q1 Predictions
CryptoPredictions platform forecasts that Bitcoin would open the year 2025 trading between $42,020.849 and $61,795.366. In February, the price of Bitcoin is expected to average $50,661.630. In March, the site forecasts price to range between $43,978.946 and $64,674.921.
Q2 Forecasts
In the second quarter, the price of Bitcoin is expected to trade between $44, 967.078 and $68,884.958. The price is expected to average $54000 in May and $55,107.967 in June.
Q3 Predictions
Bitcoin is predicted to average $56,154.063 in July, while the maximum price could cross $70,000. The uptrend is expected to continue in August, averaging $48,628 between $71,512. In the last month of the third quarter, the siteâs algorithm predicts Bitcoin to range between $49,505 and $72,802.41.
Fourth Quarter Forecasts
In the last quarter of the year, CryptoPredictions.com forecasts show the pioneer digital token could eventually surpass $50,000. The site expects Bitcoin to average $60,207 and $62,143 in November and December, respectively. In the fourth quarter, the highest expected price of Bitcoin is $76,429. Bitcoin is forecasted to close the year at an average price of $61,143.351.
Expert Predictions
Various crypto investors and analysts have voiced their predictions for Bitcoin. Below are some of the projections worth taking note of.
Finder Panel Predictions
A panel consisting of 33 fintech experts and cryptoanalysts predict Bitcoin will be worth $192800 by 2025. The expert further predicts that the price will climb to $406,400 by 2030. This is not the first time they are making these predictions. Last year, they made a similar forecast but have revised their projection following the Bitcoin dip. In June last year, they had predicted the pioneer digital coin to reach $265,000 and increase about three folds to sell at $706,321 in 2030.
Half of the analysts believe the current dip provides an excellent opportunity to buy, while ten percent see a perfect opportunity to go short. 29% of the panelists would rather not buy or sell at the moment.
The panel consist of industry experts, including asset managers and crypto analysts including;
Bilal Hammoud â the CEO of NDAX
Daniel Polotsky â the founder of CoinFlip
Desmond Marshall â the managing director of Rogue International and Rouge Venture
Elvira Sojili â an associate professor at the University of New South Wales
Fred Kompella â founder of Finder
(Video) Bitcoin Price Prediction For 2025 - How High can it go?Chloe White â the managing director of Genesis Block Pty Limited
Other panel members include John Hawkins, Jeremy Cheah, John Stefanidis, David Klinger, and Ganesh Kompella.
Pavel Shtikin Bitcoin Forecast
The CEO of Nominex exchange, Pavel Shtikin, believes Bitcoin will replace gold and experience a massive bullish market to hit $500,000 by 2025. He states that adoption by leading corporations worldwide will support this price growth.
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Justin Chuh
Justin Chuh, a senior trader at Wave Financial, argues that Bitcoin is a tried-and-tested digital assets haven. The halving and inflation will see the price surge to sell at $210,000 by 2025.
Max Keiser
Keiser Report host Max Keiser has quite a conservative forecast and is expecting the price of bitcoin to reach $100,000 in 2025.
Fundamental Analysis
At the fundamental level, the future price of bitcoin will depend primarily on the perceived value. This means traders and investors will pay a specific amount if they believe it is worth the amount. Demand and supply will also play a significant role in the future of crypto like any other asset class. Bitcoin is designed to have a maximum supply of 21 million coins. If the popularity of bitcoin continues to grow, the supply will not be able to meet the demand. However, supply may outpace demand if the popularity wanes.
Bitcoin halving, which occurs every four years, will make bitcoin even more scarce. The next halving is expected to happen in 2024, reducing the mining reward to 3.125. The halving is usually followed by massive price proliferation. After this event, a bull market could follow and spill over to 2025.
Remember, Bitcoin is used as a store of value and to generate returns on investment. Investors and brokers have even created derivatives to influence the price of bitcoin further. In October, the first future-based bitcoin ETF (BITO) went live on the New York stock exchange. The futures ETF tracks contracts that speculate Bitcoinâs future price rather than spot or current price. Therefore, the price of Bitcoin and ETF do not necessarily match.
Perhaps one aspect that could have a massive impact on the price of Bitcoin is whether countries will adopt Bitcoin as a legal tender. In June 2021, El Salvador became the first country to adopt bitcoin as legal tender. This means that the citizens can use Bitcoin to pay taxes and payments for goods and services. If the other countries join, the Bitcoin price might proliferate massively.
In addition, bitcoin underwent the first upgrade in November 2021, since its inception. Remember, bitcoin had no real use in the past, which made other cryptos more appealing and have more potential. The Taproot upgrade makes bitcoin less expensive, efficient, and private. It also enables Bitcoin to run smart contracts.
One of the things that could push the price of Bitcoin is if it becomes an accepted form of payment. In 2021, the value increased when Tesla CEO announced that the electric vehicle manufacturer would accept bitcoin payment. However, the company has currently halted accepting bitcoin payments.
Some big companies started accepting bitcoin back in 2014. Below are some companies that have integrated Bitcoin into their payments system.
Overstock was the first retailer to accept bitcoin payments.
Microsoft started accepting Bitcoin payments in 2014
Amazon-owned whole foods also started accepting Bitcoin payments by instantly converting Bitcoin to dollars
Since 2020, Starbucks allows customers to pay using Bitcoin on the Starbuck app.
Newegg accepts Bitcoin payments for electronics
(Video) Bitcoin Fair Valuation at 2024 HalvingTwitch accepts crypto payments, including Bitcoin
Online travel company Travala.com accepts Bitcoins and other cryptos for hotel stays
Paypal also integrated crypto to enable users to send and receive Bitcoin payments
Other Factors that Will Affect the Price of Bitcoin
Bitcoin price will also depend on how other cryptocurrencies behave. If the consumer believes other cryptocurrencies will be more valuable than Bitcoin, it could negatively affect the demand, leading to a dip in value. If regulators address the crypto concerns and institutions adopt the crypto as a form of payment, the price could surge significantly. The price of Bitcoin could be affected by media hype, speculation, investorsâ panic, and FOMO.
Final Words on Bitcoin Predictions for 2025
Bitcoin is the most popular and valuable cryptocurrency. While other cryptocurrencies have grown significantly, they are still a long way behind bitcoin. Ethereum, the second-largest cryptocurrency, is less than half as valuable as Bitcoin. While Bitcoin lacks real use cases like Ethereum, it is widely accepted as means of payment and cross-border transactions.
In addition, massive adoption by giant tech companies like Microstrategy makes it appealing to investors. Bitcoin is also expected to upgrade its ecosystem, giving some utility. If you add acceptance as a means of payment and institutional adoption, we could see Bitcoin hit new highs in 2025, as predicted by experts above in the article.
This article was originally posted on FX Empire
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FAQs
What will Bitcoin be worth in the year 2025? âș
The upcoming years are also expected to be quite bullish, with the price rising above the narrow consolidation. As a result, the Bitcoin price prediction for 2025 may be around $75,000, while the prediction for 2030 may be higher than $100,000.
What price will Bitcoin reach in 2030? âșIncorporating the estimated 413% increase between May 2028 and May 2029, BTC would be on target to hit $2.08 million by May 2029, giving BTC a January 2030 value of $2.11 million.
What will the value of Bitcoin be in 10 years? âșAccording to the latest BTC price prediction and projection update, the currency's value might reach $750,000 by the end of 2030 and $950,000 by the end of 2031.
What will the Bitcoin be in 2024? âșBTC maximum trade value would be around US$ 85,000 in 2024.
What will Shiba in 2050 be worth? âșA prediction of Shiba Inu made by a crypto-research firm- Telegaon that employs AI has caught sight of the community. The firm expects SHIB to hit a maximum of US$9.61 by the year 2050. Learning from the detailed analysis, SHIB is expected to hit a new ATH by 2025, following the halving of Bitcoin.
How much is a Bitcoin worth in 2026? âșThe stock-to-flow model predicts a price of more than $1 million per BTC by the year 2026. The high will arrive after the current bull market has finished, and Bitcoin has found a bottom once again. When the cycle begins again post-halving, the path will be to more than $1 million per coin.
How much does a Shiba Inu 2030 cost? âșBack in April, Finder surveyed a panel of 26 experts who predicted a rather gloomy picture for the future of Shiba Inu coin. They predicted that the average price of SHIB in 2030 will be as low as $0.000000325.
Is bitcoin good for long term investment? âșBitcoin is extremely volatile and high risk. It's certainly not a good idea to invest all of your savings in cryptocurrency. If you are willing to take the risk, first make sure you understand what you are investing in and have a crypto investment strategy.
How much is ethereum worth in 2025? âșEthereum Price Prediction 2025
It is assumed that in 2025, the minimum ETH price might drop to $5,357.39, while its maximum can reach $6,627.10. On average, the trading cost will be around $5,548.32.
Key Points. Bitcoin was once worth less than a penny per coin, but its value is now measured in tens of thousands of dollars. Many insiders expect the rocky ride to continue upward in the long run, eventually reaching the million-dollar mark around the year 2030.
Which cryptocurrency will rise till 2025? âș
Ethereum is an open-sourced and decentralized network that has driven the lion's share of expansion in smart contracts. The platform dominates the decentralized finance (DeFi) and non-fungible tokens (NFTs) markets and will continue to grow immensely in value in these markets in the future.
Will Bitcoin hit 100k? âș...
Bitcoin's Price Prediction Highs and Lows.
| Year | Potential High | Potential Low |
|---|---|---|
| 2022 | $38,000 | $10,000 |
| 2023 | $50,000 | $38,000 |
| 2025 | $100,000 | $50,000 |
| 2030 | $12.5 million | $150,000 |
Ethereum Price Prediction 2025
It is assumed that in 2025, the minimum ETH price might drop to $5,357.39, while its maximum can reach $6,627.10. On average, the trading cost will be around $5,548.32.