BTC price prediction: 2021, 2030
4 min readTable of Contents
Launched over ten years ago in 2009, BTC is a virtual currency powered by blockchain technology. The coin was created by Satoshi Nakamoto to overcome the shortcomings of government-issued currencies without requiring a controlling authority. It acts as a store of value and a payment method for any transaction process in the markets.
It has since then grown in popularity and demand, often being compared to gold. Therefore, in this article, we will cover the BTC price prediction from 2021 to 2030.
BTC price prediction 2021 -2030
As mentioned before, BTC price predictions for 2021 vary. Several predictions estimate BTC to be worth at least $1 million soon due to the adoption of BTC transactions and increased investment compared to gold investors.
However, some price predictions predict the opposite – BTC will move below $20,000 and never recover.
The BTC price predictions are usually made by people seeking to manipulate the price of the currency in their favor using a certain process. This is why people like Jackson Palmer, the co-creator of Dogecoin, claim that the crypto industry is corrupt and manipulated.
Let`s take a look at the BTC price prediction 2021 and what price BTC could reach based on the current price.
What to expect from BTC by the end of 2021?
The first half of 2021
This year, BTC saw strong bullish momentum at the end of January when support was found at $30,000.
What followed was a very strong rally towards $58,000 for the first time during most of February, which set a clear high and indicated that the overall long-term momentum is very bullish.
Thereafter, the onset of the bullish trend changed everything, and now, BTC fell from its all-time high to half of its ATH. The price prediction BTC will use the current price for analysis.
The second half of 2021
The biggest question is the value of the coin by the end of 2021. It has been considered that BTC/USD is not following the Wyckoff Distribution pattern anymore and now has reclaimed the support at $45,676 but lost at $48k. It might fall further, but what follows is a huge bullish momentum by the end of 2021.
According to our predictions, BTC might reach $100,000 by the end of 2021 because of plenty of big whales accumulating BTC in recent times, and a huge upswing is possible in the future.
Also, with the global adoption of BTC, we can say that the pros outweigh the cons. Also, as of now, the biggest GBTC Unlock is over, and there are chances that the price of BTC sees a strong reversal soon.
According to Wallet Investor, the price of BTC will increase to around $77,496 by the end of 2021. On the other hand, Digital Coin has predicted a value of $74,226.16 by the end of 2021. They are as optimistic as Wallet Investor for the 2021 BTC price.
Forecast 2022
It is hard to predict what the BTC price will be in 2022. Therefore, this BTC price prediction 2022 is quite an estimate and not absolute. Considering the previous cycle from 2015 to the end of 2017, when BTC peaked just under $20,000, resulted in a gain of over 10,000 percent, we can make a basic estimate.
From the current lowest point at the end of month December 2019, when the BTC price traded at $3,100, an equal gain of 10,000 percent would mean that the price target for the end of this cycle is $310,000.
According to Longforecast, BTC will be trading in the range of $109814-$128556 by the end of 2022. At the same time, Digital Coin predicts that by the end of 2022, BTC will reach $85,744.87 by the end of 2022.
Forecasts 2023-2025
According to Ballet wallet CEO Bobby Lee, BTC`s price should exceed a minimum of $500k by the end of 2028 and have a capitalization that exceeds gold, which is currently estimated between $10 and $11 trillion.
Recently, BTC passed the $1 trillion mark, indicating that much of the work has already been done as BTC is valued at more than 10 percent of what gold does.
But after the fall in the coin price, the market cap has now reduced to billions. It is estimated that by the end of 2021, BTC will resume its status of trillion-dollar dominance.
BTC price prediction 2025 should easily exceed the $10 trillion capitalization mark.
Digital Coin predicts that BTC will reach $220,153.99 in 2028. It can be expected that by the end of 2026, the maximum price that BTC will reach is a maximum of $1,87,336, as said by Wallet Investor.
Market cap of over $10 trillion?
Considering how fast the capitalization of BTC has grown over the last years, we can assume that another 1000 percent gain in price prediction for BTC is more than possible over the next five years.
Therefore, the BTC price prediction for the year 2025 should easily exceed the $10 trillion capitalization mark, which would mean a $550,000 price mark reached.
