Key takeaways : Bitcoin price faces buying demand toward $95K. Our Bitcoin price prediction expects BTC’s price to reach $160K by the end of 2025 due to the bullish sentiment following the halving event. By 2031, BTC might touch $350,548 following increased institutional adoption. Since the beginning of 2024, Bitcoin’s price has doubled, but it has seen a notable 45% increase in just the two weeks following the presidential election. This boost has solidified Bitcoin’s role in the so-called “Trump trade,” with the president-elect’s positive stance on the cryptocurrency industry fueling investor optimism about this emerging asset class. As Bitcoin’s on-chain activities surge, questions arise, such as: “Does Bitcoin have the potential to hold above the $100K mark?” or “Will Bitcoin go up?” or “Where will Bitcoin be in 5 years?” Let’s answer them using our Bitcoin price prediction. Overview Cryptocurrency Bitcoin Ticker BTC Price $93,650 Market cap $1,538,914,422,643 Trading volume $55,318,495,561 Circulating supply 19,849,062 All-time high $108,268, December 17, 2024 All-time low $0.04865, Jul 15, 2010 24-hour high $94,121 24-hour low $93,154 Bitcoin price prediction: Technical analysis Metric Value Current Price $93,650 Price Prediction $ 116,112 (38.22%) Fear & Greed Index 26 (Fear) Sentiment Bearish Volatility 2.97% Green Days 15/30 (50%) 50-Day SMA $ 89,357 200-Day SMA $ 84,704 14-Day RSI 45.26 Bitcoin price analysis TL;DR Breakdown: BTC price analysis shows that Bitcoin triggered a bullish rally toward $95K Resistance for BTC is at $95,650 Support for BTC/USD is at $91,461 The BTC price analysis for 29 April confirms that BTC faces a surge in volatility as it triggers bullish rally toward $95K. Currently, buyers are aiming for a rally above immediate resistance lines. BTC price analysis 1-day chart: Bitcoin price faces buying demand toward $95K Analyzing the daily Bitcoin price chart, we see that BTC faced a buying demand toward the high of $95K. Currently, buyers are aiming for a hold above EMA trend lines to strengthen the buying domination. The 24-hour volume has surged to $1.95 billion, showing a rise in trading interest today. BTC is trading at $93,650, surging by over 0.8% in the last 24 hours. Bitcoin shows volatility The RSI-14 trend line has surged from its previous level and trades around the buying region at 67, hinting that bullish pressure is on the edge. The SMA-14 level suggests volatility in the next few hours. BTC/USD 4-hour price chart: Bulls aim for an immediate correction The 4-hour Bitcoin price chart suggests that bears are strengthening their position to hold the price below the EMA trend lines. However, bulls maintain buying confidence as the BTC price holds above EMA20 trend line. Bitcoin aims for immediate correction The BoP indicator trades in a bearish region at 0.28, showing that short-term sellers are taking a chance to accelerate a downward trend. Additionally, the MACD trend line has formed red candles below the signal line, and the indicator aims for negative momentum, strengthening short-position holders’ confidence. Bitcoin technical indicators: Levels and action Daily simple moving average (SMA) Period Value Action SMA 3 $ 86,770 SELL SMA 5 $ 87,160 SELL SMA 10 $ 92,711 SELL SMA 21 $ 94,681 SELL SMA 50 $ 98,051 SELL SMA 100 $ 97,213 SELL SMA 200 $ 82,082 BUY Daily exponential moving average (EMA) Period Value Action EMA 3 $ 94,772 SELL EMA 5 $ 95,901 SELL EMA 10 $ 96,446 SELL EMA 21 $ 96,635 SELL EMA 50 $ 94,992 SELL EMA 100 $ 88,764 SELL EMA 200 $ 79,419 BUY What to expect from BTC price analysis next? The hourly price chart confirms that Bitcoin is attempting to drop below the immediate support line; however, bulls are eyeing a recovery rally in the coming hours. If BTC’s price holds momentum above $95,650, it will fuel a bullish rally to $100,299. BTC/USDT Chart If bulls fail to initiate a surge, the BTC price may drop below the immediate support line at $91,461, beginning a bearish trend to $88,960. Is Bitcoin a good investment? The rising institutional demand for Bitcoin makes it a good investment option. However, Bitcoin has a short investment history filled with very volatile prices. Whether it is a good investment depends on your financial profile, investment portfolio, risk tolerance, and investment goals. Why is Bitcoin up today? Bulls gained control and rebounded the price strongly above $90K. The overall market sentiment turned bullish, creating a recovery rally for Bitcoin toward $95K due to the weakening US-China tariff war. Will the BTC price reach $100K? Bitcoin price recently broke its much-anticipated mark of $100K, forming a new ATH. The price currently aims to maintain its buying demand above $100K. Will BTC reach $1 million? $1 million is a significant milestone for the BTC price. However, it is achievable if Bitcoin continues to attract institutional interest in the coming years. Is Bitcoin a good long-term investment? As several institutions continue to accumulate BTC and Bitcoin faces a rise in global recognition, Bitcoin has a solid long-term future. Recent news/opinions on BTC Eric Trump and Donald Trump Jr. are set to expand the Trump family’s cryptocurrency business portfolio by investing in Bitcoin mining-focused Hut 8. Hut 8, based in Miami, announced the launch of its majority-owned subsidiary, American Bitcoin, dedicated to Bitcoin mining and strategic reserve development. Bitcoin price prediction April 2025 Bitcoin’s Q1 2025 performance is notably weak, with a 12.5% loss, as per CoinGlass data, marking the worst first quarter since 2018. Will the BTC price recover in April 2025? Bitcoin’s price might attempt to maintain an average price of $89,000 and be pushed further, at least $95,000 if strong downward pressures are not seen. However, we might see a rejection on the bearish side, leading to a consolidation at around $72,000. Bitcoin Price Prediction Potential Low Potential Average Potential High Bitcoin Price Prediction April 2025 $72,000 $89,000 $95,000 Bitcoin price prediction 2025 Historically, Bitcoin has been a significant crypto coin in the year following a halving, and it is expected to push up its price. Bitcoin miners might play a crucial role in holding bullish sentiment for future price movements. Bitcoin spot ETFs are projected to be a key driver of Bitcoin prices and the broader cryptocurrency market in 2025. Furthermore, there is an increasing bullish sentiment that the base interest rates could be cut in the US, and thus, help to further the upward movement of Bitcoin . An outcome of which the 2025 year could be positive for Bitcoin, with its crypto-price perhaps touching $160,000 at the highest and the low could be around $68,000. Bitcoin Price Prediction Potential Low Potential Average Potential High Bitcoin Price Prediction 2025 $68,000 $120,000 $160,000 Bitcoin Price Predictions 2026-2031 Year Minimum Price Average Price Maximum Price 2026 $115,000 $130,000 $185,000 2027 $140,491 $170,100 $216,738 2028 $164,063 $185,068 $244,142 2029 $195,629 $200,312 $255,321 2030 $225,903 $248,568 $270,593 2031 $285,058 $303,555 $350,548 Bitcoin price prediction 2026 Bitcoin might witness slow growth after 2025’s halving surge, resulting in a surge in selling pressure. However, more financial products including a surge in ETF demand might hold BTC prices within a bullish region. We might see a maximum price of $185,000, with a minimum price of $115,000 and average price of $130,000. However, BitMEX Ceo Arthur Hayes predicted the BTC price to touch $700K in 2026. Bitcoin price prediction 2027 Based on a detailed technical analysis of past Bitcoin price data, it is projected that in 2027, Bitcoin could see a minimum price of $140,491. The potential maximum price is estimated to be $216,738, with an average value of $170,100. Bitcoin price prediction 2028 By 2028, Bitcoin’s price is expected to reach a low of $164,063. Maximum price projections are as high as $244,142, averaging about $185,068 for the year. Bitcoin price forecast 2029 Projections for 2029 suggest that Bitcoin could be valued at a minimum of $195,629. The price may peak at as much as $255,321, with an average throughout the year expected to be around $200,312. Bitcoin (BTC) price prediction 2030 The forecast for 2030 suggests that Bitcoin’s price could start at a minimum of $225,903 and potentially rise to a maximum of $270,593. The average price is anticipated to stabilize at about $248,568 throughout the year. Bitcoin price prediction 2031 The forecast for 2030 suggests that Bitcoin’s price could start at a minimum of $285,058 and potentially rise to a maximum of $350,548. The average price is anticipated to stabilize at about $303,555 throughout the year. Bitcoin aims for immediate correction Bitcoin Market Price Prediction: Analysts’ BTC Price Forecast Firm Name 2025 2026 Gov.Capital $118,300 $161,352 DigitalCoinPrice $135,487 $155,444 TradingBeasts $107,544 $154,235 CoinCodex predicts Bitcoin’s price could reach $158,827 by 2025, using the Bitcoin Rainbow Chart based on past volatility and the cyclical nature of Bitcoin Halving events. Cathie Wood of Ark Invest forecasts Bitcoin may hit $600,000 by 2030, with a potential rise to $1.5 million in her bull case scenario after Bitcoin ETF approval. Cryptopolitan’s Bitcoin (BTC) Price Prediction At Cryptopolitan, we are bullish on Bitcoin’s future price as the historical market sentiment is extremely impressive. By the end of 2025, Bitcoin might record a maximum of $160,000, with a minimum price of $95,000 and an average price of $120,000. However, Bitcoin’s future market potential entirely depends on its buying demand, regulation, and investor sentiment regarding long-term holdings. We expect Bitcoin price to reach a high of $216,000 by the end of 2027. Bitcoin historic price sentiment BTC price history | Coinmarketcap Satoshi Nakamoto created Bitcoin in 2009, marking the first use of blockchain technology. Bitcoin was initially of little value, gaining significant traction and hitting over $15,000 during the 2017 boom, with further highs reached in 2019 and 2021. In 2021, Bitcoin peaked at $68,789.63 but dropped to $15,760 by December 2022 amid economic pressures, including inflation and geopolitical conflicts. By April 10, 2023, Bitcoin’s price surged 83%, breaking the $30,000 resistance level. Throughout mid-2023, Bitcoin’s value hovered around $30,000, nearly reaching $32,000 due to positive market sentiments and potential ETF approvals. Bitcoin experienced a significant price drop in mid-August 2023, falling to $25,000. However, its prices remained volatile, fluctuating between $26,000 and $29,500 in October. Bitcoin closed 2023 above $42,000, a 155% increase from the year’s start. In early 2024, Bitcoin rose above $45,000 on ETF anticipation but briefly dipped below $40,000 after approvals. It broke its 2021 all-time high in March, reaching $73,750.07 on March 14, before dropping below $60,000 in April. May saw another surge above $70,000, while June and July brought heavy fluctuations between $70K and $55K. Bitcoin rallied to $66K in September after a Fed rate cut, climbed to $70K in October’s Uptober rally, and surged toward $108K following Donald Trump’s victory in the November US elections. BTC ended 2024 consolidating below $95K. At the start of January 2025, BTC was trading between $92,788.13 and $95,824.39. However, it formed an ATH at $109,114 on January 20. In the weeks of February, the price of BTC dropped heavily as it dropped toward the $78K low. In March, the price of Bitcoin declined heavily and dropped toward a low of $76.6K.
