Bitcoin

Angle

Resistance

Status

Time

<ul> 
 <li><strong>Bullish BTC price prediction for 2024 is $81,013.11 to $102,153.86.</strong></li> 
 <li><strong>Bitcoin (BTC) price might reach $90,070 soon.</strong></li> 
 <li><strong>Bearish (BTC) price prediction for 2024 is $50382.72.</strong></li> 
</ul> 
<p>In this Bitcoin (BTC) <a href="https://thenewscrypto.com/markets/price-prediction/" target="_blank" rel="noreferrer noopener">price prediction</a> for 2024, 2025, and 2030, we will analyze the price patterns of BTC by using accurate trader-friendly technical analysis indicators and predict the future movement of the <a href="https://thenewscrypto.com/tag/cryptocurrency/" target="_blank" rel="noreferrer noopener">cryptocurrency</a>.&nbsp;</p> 
<figure class="wp-block-table aligncenter">
 <table>
  <tbody>
   <tr>
    <td><strong>
      <div align="center">
       TABLE OF CONTENTS
      </div></strong></td>
   </tr>
   <tr>
    <td>
     <div align="center">
      INTRODUCTION
     </div></td>
   </tr>
   <tr>
    <td>
     <ul>
      <li>Bitcoin (BTC) Current Market Status</li>
      <li>What is Bitcoin (BTC)?</li>
      <li>Bitcoin (BTC) 24H Technicals</li>
     </ul></td>
   </tr>
   <tr>
    <td>
     <div align="center">
      BITCOIN (BTC) PRICE PREDICTION 2024
     </div></td>
   </tr>
   <tr>
    <td>
     <ul>
      <li>Bitcoin (BTC) Support and Resistance Levels</li>
      <li>Bitcoin (BTC) Price Prediction 2024 — RVOL, MA, and RSI</li>
      <li>Bitcoin (BTC) Price Prediction 2024 — ADX, RVI</li>
      <li>Comparison of BTC with ETH</li>
     </ul></td>
   </tr>
   <tr>
    <td>BITCOIN (BTC) PRICE PREDICTION 2025, 2026-2030</td>
   </tr>
   <tr>
    <td>CONCLUSION</td>
   </tr>
   <tr>
    <td>FAQ</td>
   </tr>
  </tbody>
 </table>
</figure> 
<h2 class="wp-block-heading" id="h-bitcoin-btc-current-market-status">Bitcoin (BTC) Current Market Status</h2> 
<figure class="wp-block-table is-style-regular"> 
 <table> 
  <tbody style="box-shadow: 0px 2px 4px rgb(3 4 28 / 50%);"> 
   <tr style="background-color: rgb(2 86 121 / 40%);"> 
    <td style="border: 1px solid #01557b;">Current Price</td> 
    <td style="border: 1px solid #01557b;">$64,128.46</td> 
   </tr> 
   <tr>
    <td style="border: 1px solid #01557b;">24 – Hour Price Change</td> 
    <td style="border: 1px solid #01557b;">2.31% Up</td> 
   </tr> 
   <tr style="background-color: rgb(2 86 121 / 40%);"> 
    <td style="border: 1px solid #01557b;">24 – Hour Trading Volume</td> 
    <td style="border: 1px solid #01557b;">$62,068,366,535</td> 
   </tr> 
   <tr> 
    <td style="border: 1px solid #01557b;">Market Cap</td> 
    <td style="border: 1px solid #01557b;">$1,261,517,361,731</td> 
   </tr> 
   <tr style="background-color: rgb(2 86 121 / 40%);"> 
    <td style="border: 1px solid #01557b;">Circulating Supply</td> 
    <td style="border: 1px solid #01557b;">19,659,650 BTC</td> 
   </tr> 
   <tr>
    <td style="border: 1px solid #01557b;">All – Time High</td> 
    <td style="border: 1px solid #01557b;">$73,750.07(On March 14, 2024)&nbsp;</td> 
   </tr> 
   <tr style="background-color: rgb(2 86 121 / 40%);"> 
    <td style="border: 1px solid #01557b;">All – Time Low</td> 
    <td style="border: 1px solid #01557b;">$0.04865 (On Jul 14, 2010) &nbsp;</td> 
   </tr> 
  </tbody> 
 </table> <em>
  <figcaption class="wp-element-caption" style="text-align: center;">
   BTC Current Market Status (Source: <a href="https://coinmarketcap.com/currencies/bitcoin/" target="_blank" rel="noreferrer noopener nofollow">CoinMarketCap</a>)
  </figcaption></em> 
</figure> 
<h2 class="wp-block-heading" id="h-what-is-bitcoin-btc">What is Bitcoin (BTC)?</h2> 
<figure class="wp-block-table is-style-stripes">
 <table>
  <tbody>
   <tr>
    <td><strong>TICKER</strong></td>
    <td>BTC</td>
   </tr>
   <tr>
    <td><strong>BLOCKCHAIN</strong></td>
    <td>Bitcoin</td>
   </tr>
   <tr>
    <td><strong>CATEGORY</strong></td>
    <td>Bitcoin</td>
   </tr>
   <tr>
    <td><strong>LAUNCHED ON</strong></td>
    <td>January 2009</td>
   </tr>
   <tr>
    <td><strong>UTILITIES</strong></td>
    <td>A store of value</td>
   </tr>
  </tbody>
 </table>
</figure> 
<p>Bitcoin (BTC) is the original decentralized digital currency created by the pseudonymous founder(s) Satoshi Nakamoto in 2009, introducing the concept of blockchain technology. BTC utilizes a peer-to-peer network and operates on a <a href="https://thenewscrypto.com/tag/pow/" target="_blank" rel="noreferrer noopener">proof-of-work</a> (PoW) consensus, where validators secure transactions through energy-intensive “mining.” The cryptocurrency has a fixed supply cap of 21 million BTC, with less than 1.35 million BTC remaining to be mined as of February 2024.</p> 
<p><a href="https://thenewscrypto.com/bitcoin-soars-above-68500-will-it-reach-all-time-high-this-week/">Bitcoin</a> has shown a significant transformative journey since its inception. From being the first cryptocurrency to gaining widespread recognition, it has become a dominant force in the global financial landscape. Bitcoin holds the title of the “largest cryptocurrency” by market capitalization, and its adoption has expanded into various sectors, from retail to education and the introduction of real-world Bitcoin ATMs.&nbsp;</p> 
<p>Currently, the approval of spot Bitcoin exchange-traded fund (ETF) gained widespread attention from both individuals and institutional investors, which would further propel the adoption of BTC. Furthermore, the upcoming Bitcoin halving, scheduled for April 2024, will see a 50% decrease in mining rewards.</p> 
<h2 class="wp-block-heading" id="bitcoin-24h-technicals">Bitcoin 24H Technicals</h2> 
<div class="wp-block-image"> 
 <figure class="aligncenter size-large">
  <img decoding="async" width="1024" height="378" src="https://thenewscrypto.com/wp-content/uploads/2024/03/image-147-1024x378.png" alt="" class="wp-image-94236" srcset="https://thenewscrypto.com/wp-content/uploads/2024/03/image-147-1024x378.png 1024w, https://thenewscrypto.com/wp-content/uploads/2024/03/image-147-300x111.png 300w, https://thenewscrypto.com/wp-content/uploads/2024/03/image-147-768x284.png 768w, https://thenewscrypto.com/wp-content/uploads/2024/03/image-147-1536x568.png 1536w, https://thenewscrypto.com/wp-content/uploads/2024/03/image-147.png 1813w" sizes="(max-width: 1024px) 100vw, 1024px">
 </figure>
</div> 
<p class="has-text-align-center"><em>(Source: <a href="https://www.tradingview.com/symbols/BTCUSDT/?exchange=BINANCE">TradingView</a>)</em></p> 
<h2 class="wp-block-heading" id="h-bitcoin-btc-price-prediction-2024">Bitcoin (BTC) Price Prediction 2024</h2> 
<p>Bitcoin (BTC) ranks 1st on CoinMarketCap in terms of its market capitalization. The overview of the Bitcoin price prediction for 2024 is explained below with a daily time frame.</p> 
<div class="wp-block-image"> 
 <figure class="aligncenter size-large is-resized">
  <img decoding="async" src="https://www.tradingview.com/x/Da0TqpTy/" alt="" style="width: 100%;height:auto">
  <figcaption class="wp-element-caption">
   <em>BTC/USDT Ascending Channel</em> <em>Pattern (Source: </em><a href="https://www.tradingview.com/symbols/BTCUSDT/?exchange=BINANCE" target="_blank" rel="noreferrer noopener nofollow"><em>TradingView</em></a><em>)</em>
  </figcaption>
 </figure>
</div> 
<p>In the above chart, Bitcoin (BTC) laid out an ascending channel pattern, also known as the rising channel. It is a bullish technical formation identified by upper and lower trend lines connecting higher highs and higher lows, respectively, within an upward slope. This pattern suggests a sustained uptrend, with traders typically seeking entry near the lower trend line and aiming to sell near the upper trend line.&nbsp;</p> 
<p>At the time of analysis, the price of Bitcoin (BTC) was recorded at $64,128.46. If the pattern trend continues, then the price of BTC might reach the resistance levels of $68,852 and $77,222. If the trend reverses, then the price of BTC may fall to the support of $62,244.19 and $51,077.09.</p> 
<h2 class="wp-block-heading" id="bitcoin-btc-resistance-and-support-levels">Bitcoin (BTC) Resistance and Support Levels</h2> 
<p>The chart given below elucidates the possible resistance and support levels of Bitcoin (BTC) in 2024.</p> 
<div class="wp-block-image"> 
 <figure class="aligncenter size-large">
  <img decoding="async" src="https://www.tradingview.com/x/E7K2TvKM/" alt="">
  <figcaption class="wp-element-caption">
   <em>BTC/USDT Resistance and Support Levels (Source: </em><a href="https://www.tradingview.com/symbols/BTCUSDT/?exchange=BINANCE" target="_blank" rel="noreferrer noopener nofollow"><em>TradingView</em></a><em>)</em>
  </figcaption>
 </figure>
</div> 
<p>From the above chart, we can analyze and identify the following as resistance and support levels of Bitcoin (BTC) for 2024.</p> 
<figure class="wp-block-table is-style-stripes">
 <table>
  <tbody>
   <tr>
    <td>Resistance Level 1</td>
    <td>$81,013.11</td>
   </tr>
   <tr>
    <td>Resistance Level 2</td>
    <td>$102,153.86</td>
   </tr>
   <tr>
    <td>Support Level 1</td>
    <td>$64,135.73&nbsp;</td>
   </tr>
   <tr>
    <td>Support Level 2</td>
    <td>$50382.72</td>
   </tr>
  </tbody>
 </table>
 <figcaption class="wp-element-caption">
  <em>BTC Resistance &amp; Support Levels</em>
 </figcaption>
</figure> 
<h2 class="wp-block-heading" id="h-bitcoin-btc-price-prediction-2024-rvol-ma-and-rsi">Bitcoin (BTC) Price Prediction 2024 — RVOL, MA, and RSI</h2> 
<p>The technical analysis indicators such as Relative Volume (RVOL), Moving Average (MA), and Relative Strength Index (RSI) of Bitcoin (BTC) are shown in the chart below.</p> 
<div class="wp-block-image"> 
 <figure class="aligncenter size-large">
  <img decoding="async" src="https://www.tradingview.com/x/CAdJ6xse/" alt="">
  <figcaption class="wp-element-caption">
   <em>BTC/USDT RVOL, MA, RSI (Source: </em><a href="https://www.tradingview.com/symbols/BTCUSDT/?exchange=BINANCE" target="_blank" rel="noreferrer noopener nofollow"><em>TradingView</em></a><em>)</em>
  </figcaption>
 </figure>
</div> 
<p>From the readings on the chart above, we can make the following inferences regarding the current Bitcoin (BTC) market in 2024.</p> 
<figure class="wp-block-table is-style-stripes">
 <table>
  <tbody>
   <tr>
    <td><strong>INDICATOR</strong></td>
    <td><strong>PURPOSE</strong></td>
    <td><strong>READING</strong></td>
    <td><strong>INFERENCE</strong></td>
   </tr>
   <tr>
    <td>50-Day Moving Average&nbsp;(50MA)</td>
    <td>Nature of the current trend by comparing the average price over 50 days</td>
    <td>50 MA = $48,596.08Price = $67,713.29<br><em>(50MA &lt; Price)</em></td>
    <td>Bullish/Uptrend</td>
   </tr>
   <tr>
    <td>Relative Strength Index&nbsp;(RSI)</td>
    <td>Asset’s trading volume with its recent average volumes</td>
    <td>83.27<br><em>&lt;30 = Oversold</em><em><br></em><em>50-70 = Neutral</em><em>&gt;70 = Overbought</em></td>
    <td>Overbought</td>
   </tr>
   <tr>
    <td>Relative Volume (RVOL)</td>
    <td>Asset’s trading volume in relation to its recent average volumes</td>
    <td>Below cutoff line</td>
    <td>Weak Volume</td>
   </tr>
  </tbody>
 </table>
</figure> 
<h2 class="wp-block-heading" id="h-bitcoin-btc-price-prediction-2024-adx-rvi">Bitcoin (BTC) Price Prediction 2024 — ADX, RVI</h2> 
<p>In the below chart, we analyze the strength and volatility of Bitcoin (BTC) using the following technical analysis indicators — Average Directional Index (ADX) and Relative Volatility Index (RVI).</p> 
<div class="wp-block-image"> 
 <figure class="aligncenter size-large">
  <img decoding="async" src="https://www.tradingview.com/x/HZILm8MH/" alt="">
  <figcaption class="wp-element-caption">
   <em>BTC/USDT ADX, RVI (Source: </em><a href="https://www.tradingview.com/symbols/BTCUSDT/?exchange=BINANCE" target="_blank" rel="noreferrer noopener nofollow"><em>TradingView</em></a><em>)</em>
  </figcaption>
 </figure>
</div> 
<p>From the readings on the chart above, we can make the following inferences regarding the price momentum of Bitcoin (BTC).</p> 
<figure class="wp-block-table is-style-stripes">
 <table>
  <tbody>
   <tr>
    <td><strong>INDICATOR</strong></td>
    <td><strong>PURPOSE</strong></td>
    <td><strong>READING</strong></td>
    <td><strong>INFERENCE</strong></td>
   </tr>
   <tr>
    <td>Average Directional Index (ADX)</td>
    <td>Strength of the trend momentum</td>
    <td>58.69</td>
    <td>Strong Trend</td>
   </tr>
   <tr>
    <td>Relative Volatility Index (RVI)</td>
    <td>Volatility over a specific period</td>
    <td>57.31<br><br><em>&lt;50 = Low<br>&gt;50 = High</em></td>
    <td>High Volatility</td>
   </tr>
  </tbody>
 </table>
</figure> 
<h2 class="wp-block-heading" id="comparison-of-btc-with-eth">Comparison of BTC with ETH</h2> 
<p>Let us now compare the price movements of Bitcoin (BTC) with that of Ethereum (ETH).</p> 
<div class="wp-block-image"> 
 <figure class="aligncenter size-large">
  <img decoding="async" src="https://www.tradingview.com/x/ghdaQs4u/" alt="">
  <figcaption class="wp-element-caption">
   <em>BTC Vs ETH Price Comparison (Source: </em><a href="https://www.tradingview.com/symbols/BTCUSDT/?exchange=BINANCE" target="_blank" rel="noreferrer noopener nofollow"><em>TradingView</em></a><em>)</em>
  </figcaption>
 </figure>
</div> 
<p>From the above chart, we can interpret that the price action of both Bitcoin (BTC) and Ether (ETH) appear to exhibit similar movements. However, there are slight differences in their movements.</p> 
<h2 class="wp-block-heading" id="h-bitcoin-btc-price-prediction-2025-2026-2030">Bitcoin (BTC) Price Prediction 2025, 2026 – 2030</h2> 
<p>With the help of the aforementioned technical analysis indicators and trend patterns, let us predict the price of Bitcoin (BTC) between 2025, 2026, 2027, 2028, 2029, and 2030.</p> 
<figure class="wp-block-table is-style-stripes">
 <table>
  <tbody>
   <tr>
    <td><strong>Year&nbsp;</strong></td>
    <td><strong>Bullish Price&nbsp;</strong></td>
    <td><strong>Bearish Price</strong></td>
   </tr>
   <tr>
    <td>Bitcoin (BTC) Price Prediction 2025</td>
    <td>$104,023</td>
    <td>$46,987</td>
   </tr>
   <tr>
    <td>Bitcoin (BTC) Price Prediction 2026</td>
    <td>$135,100</td>
    <td>$50,050</td>
   </tr>
   <tr>
    <td>Bitcoin (BTC) Price Prediction 2027</td>
    <td>$158,500&nbsp;</td>
    <td>$53,960</td>
   </tr>
   <tr>
    <td>Bitcoin (BTC) Price Prediction 2028</td>
    <td>$180,170&nbsp;</td>
    <td>$58,350</td>
   </tr>
   <tr>
    <td>Bitcoin (BTC) Price Prediction 2029</td>
    <td>$200,000</td>
    <td>$82,700</td>
   </tr>
   <tr>
    <td>Bitcoin (BTC) Price Prediction 2030</td>
    <td>$230,600&nbsp;</td>
    <td>$111,000</td>
   </tr>
  </tbody>
 </table>
</figure> 
<h2 class="wp-block-heading" id="conclusion">Conclusion</h2> 
<p>In conclusion, the bullish Bitcoin (BTC) price prediction for 2024 is $81,013.11.<strong> </strong>Comparatively, if unfavorable sentiment is triggered, the bearish Bitcoin (BTC) price prediction for 2024 is $50382.72.&nbsp;</p> 
<p>If the market momentum and investors’ sentiment positively elevate, then Bitcoin (BTC) might hit $90,070. Furthermore, with future upgrades and advancements in the Bitcoin ecosystem, BTC might surpass its current all-time high (ATH) of $73,750.07 and mark its new ATH.</p> 
<h2 class="wp-block-heading" id="faq">FAQ</h2> 
<h4 class="wp-block-heading">1. What is Bitcoin (BTC)?</h4> 
<p>BTC is the world’s largest cryptocurrency built on the peer-to-peer blockchain network Bitcoin. It was launched in 2009.</p> 
<h4 class="wp-block-heading">2. Where can you buy Bitcoin (BTC)?</h4> 
<p>Traders can trade Bitcoin (BTC) on almost all crypto exchanges or virtual asset trading platforms.</p> 
<h4 class="wp-block-heading">3. Will Bitcoin (BTC) record a new ATH soon?</h4> 
<p>With the ongoing upgrades within the Bitcoin ecosystem and positive regulatory moves, Bitcoin (BTC) has a high possibility of marking its new ATH soon.</p> 
<h4 class="wp-block-heading">4. What is the current all-time high (ATH) of Bitcoin (BTC)?</h4> 
<p>Bitcoin (BTC) hit its current all-time high (ATH) of $73,750.07 on Mar 14, 2024.</p> 
<h4 class="wp-block-heading">5. What is the lowest price of Bitcoin (BTC)?</h4> 
<p>According to CoinMarketCap, BTC hit its all-time low (ATL) of $0.04865&nbsp;on Jul 15, 2010.</p> 
<h4 class="wp-block-heading" id="h-6-will-bitcoin-btc-hit-90-070">6. Will Bitcoin (BTC) hit $90,070?</h4> 
<p>If Bitcoin (BTC) becomes one of the active cryptocurrencies that majorly maintain a bullish trend, it might rally to hit $90,070 soon.</p> 
<h4 class="wp-block-heading">7. What will be the Bitcoin (BTC) price by 2025?</h4> 
<p>Bitcoin (BTC) price might reach $104,023 by 2025.</p> 
<h4 class="wp-block-heading">8. What will be the Bitcoin (BTC) price by 2026?</h4> 
<p>Bitcoin (BTC) price might reach $135,100 by 2026.</p> 
<h4 class="wp-block-heading">9. What will be the Bitcoin (BTC) price by 2027?</h4> 
<p>Bitcoin (BTC) price might reach $158,500 by 2027.</p> 
<h4 class="wp-block-heading" id="h-10-what-will-be-the-bitcoin-btc-price-by-2028">10. What will be the Bitcoin (BTC) price by 2028?</h4> 
<p>Bitcoin (BTC) price might reach $180,170 by 2028.</p> 
<p><br><strong>Top Crypto Predictions</strong></p> 
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<p><strong>&nbsp;<em>Disclaimer:</em></strong><em> The opinion expressed in this chart is solely the author’s. It does not represent any investment advice. TheNewsCrypto team encourages all to do their own research before investing.</em></p>

Bitcoin (BTC) Price Prediction 2024, 2025, 2026-2030

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