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Bitcoin Price Prediction: Can BTC Hit $1,000,000 by 2025?

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How much will Bitcoin be worth? Investors, speculators, daily traders, non GamStop casino players, and even casual followers have become preoccupied with the Bitcoin price. The talk of the day when the course is going fast. In this article, we take you into the expectations of various analysts.

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A quick disclaimer: no one has a crystal ball, and there is no guarantee that these predictions will come true. Only invest what you can lose.

Bitcoin Short-Term Forecast

On average, Bitcoin does not perform well in June. Since 2013, the Bitcoin price has fallen by an average of 1.8% in this month. In general, the summer months are not a favourable time for most traders, but there are some nuances.

At the moment, the value of Bitcoin is down 0.93% compared to yesterday. This is not a positive start to the month, with a current value of $27,146. At the moment there are 19,389,643 BTC in circulation, with a market value of 487.3 billion dollars. A year ago, Bitcoin had a value of 29,347 dollars.

However, what happened next can be considered something special. In May, Terra Luna was hit, leading to the bankruptcy of several crypto companies and funds that bet on the wrong investment. Even respected names were involved, companies widely believed to be safe.

Last year it turned out that nothing and no one was safe, and this was also reflected in the Bitcoin price. The value of the major cryptocurrency acts as a measure of confidence in the crypto market. In June 2022, Bitcoin was down about 38.5%.

Going back to what was mentioned at the beginning of this article, Bitcoin is down an average of 1.8% in June. But this rate is largely affected by a disastrous 2022. Excluding last year, June shows an average growth of 2.27%.

We are curious about Bitcoin’s performance this month. Will it be a party or should we have listened to the traditional saying “sell in May and go away”?

Bitcoin Long-Term Expectations

What will the Bitcoin price do in the coming years? Opinions differ widely on this. Different analysts give different views. In the overview below we assume the prediction of the coin price forecast.

What Are the Expectations for Bitcoin in 2023?

Where 2022 was a party due to the price increase, it is expected to drop in 2023. Analysts expect a price of $ 37,235.79 at the end of 2023.

What Are the Expectations for Bitcoin in 2024?

Expectations are also positive in 2024. Analysts expect a price of $ 58,100.45 in December 2024

How Much Will Bitcoin Be Worth in 2025?

From 2025, Bitcoin will hit the accelerator, according to analysts. They expect a Bitcoin value in 2025 that will move towards $ 86,363.33 and $ 125,448.08 in 2026.

What Are the Expectations for Bitcoin in 2030?

Bitcoin remains on track, but analysts expect the price to fluctuate between $125,448.08 and $542,330.48 after that.

Year June December % Compared to mid-2022
2023 $32,896.92 $37,235.79 48.58%
2024 $49,367.18 $58,100.45 131.84%
2025 $72,409.14 $86,363.33 244.62%
2026 $106,571.19 $125,448.08 400.58%
2027 $153,189.14 $185,999.26 642.19%
2028 $222,688.66 $265,745.89 960.41%
2029 $319,404.19 $377,912.98 1,407.99%
2030 $478,454.20 $542,330.48 2,064.07%
2031 $687,645.17 $826,962.87 3,199.84%
2032 $999,355.42 $1,211,827.24 4,735.56%

 

Be aware that the cryptocurrency market is very volatile. Never invest more than you are willing to lose. We recommend that you do your own research – Good luck!

Plan B: Bitcoin to 1 Million by 2025

But what if it goes even faster? Bitcoin is scarce, and that scarcity makes Bitcoin valuable. If you want a long explanation, you can read it below. But beware, we are diving deep into the world of Bitcoin!

So Bitcoin is scarce. There will only be 21 million coins in the future. A fixed number of BTC flows into the market every ten minutes. And that influx is roughly halved every four years. This is also called the Bitcoin halving.

Now your economics lesson from before comes back. What happens if demand stays the same, but supply decreases? Then the price rises. The stock-to-flow model is built on that principle.

Below you can see the PlanB model together with the Bitcoin price. The dark blue band indicates one standard deviation. The light blue band indicates two standard deviations. As you can see, the price has been moving within the bandwidth of the model for years.

Will it stay that way? Then, Bitcoin can reach 1 million dollars in 2025. This may seem like an unthinkable scenario to some. But imagine: ten years ago, no one expected that Bitcoin would ever be worth 50,000 dollars.

Our Tip: Only Invest an Amount That You Are Willing to Lose

We recommend that you only invest an amount in Bitcoin that you are willing to lose. The price of Bitcoin is very volatile. You can make a lot of money, but you can also lose it. At the same time, we believe that Bitcoin is one of the most interesting investments you can make.

If you want to buy Bitcoin, do your own research. Read news articles. View technical analyses. Find out how Bitcoin works. Who knows, you might also help your friends and family with Bitcoin!

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