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Bitcoin remains the world’s largest cryptocurrency, used by millions of people globally as a way to make payments or as an investment vehicle. Although Bitcoin has had a challenging time of late, its first-mover status means it’ll likely stay at the top of the pile for years to come.
This article presents our in-depth Bitcoin price prediction, diving into the coin’s price history and making several forecasts for the future. We’ll also explore where investors can buy Bitcoin today before highlighting an alternative project that could rival BTC in the coming years.
Bitcoin Price Prediction Summary
Throughout this article, we’ll explore our BTC price prediction in detail, highlighting our price estimates for the coin over the coming years. For now though, presented below is a brief overview of these estimates:
- End of 2022: Bitcoin remains one of the top cryptos to watch, even after its dramatic fall from grace throughout 2022. With BTC now looking likely to rebound from the nearby support level at the time of writing, our Bitcoin price prediction 2022 sees the coin return to the $28,000 level by the end of the year.
- End of 2023: For BTC to experience sustained price increases, we’d need to see some positive moves in the broader economy – most notably, the reduction of interest rates. If this occurs, our Bitcoin price prediction sees the coin reach a valuation of $47,000 by the end of 2023.
- End of 2025: Looking further ahead, our analysis estimates that the BTC price could return to the $65,000 level by the end of 2025. This would represent a 244% increase from today’s price.
Check Out Our Recommended Crypto for 2022
History of the Price of Bitcoin
More people than ever are considering whether to buy Bitcoin in the hope of generating a solid return, which is becoming hard to do in today’s harsh economic environment. However, like most crypto-assets, Bitcoin has been negatively affected by rising interest rates and the prevailing ‘risk-off’ nature, leading many investors to liquidate their holdings in search of ‘safer’ assets.
To explain the coin’s current situation, it’s best to look back at the Bitcoin price history. For those unaware, Bitcoin was created as a result of a paper authored by the mysterious Satoshi Nakamoto. This paper, titled ‘Bitcoin: A Peer-to-Peer Electronic Cash System’, was published in October 2008, with BTC’s source code released a few months later.
The first BTC transaction occurred in January 2009, and in the years that followed, Bitcoin became increasingly popular amongst internet users that wished to remain anonymous. This anonymity was made possible through Bitcoin’s innovative use of blockchain technology, which allowed network users to send and receive BTC without providing personal information.
The Bitcoin crypto price had its first ‘bull run’ in late 2013, increasing by over 1,000% in just a few months. The next upwards surge didn’t occur until mid-2017 when the price of Bitcoin rocketed by 1,694% in under 11 months. By December 2017, Bitcoin was trading around the $20,000 level.
After a few more years of peaks and troughs, Bitcoin really entered the limelight, as the coin’s price went on a huge bull run between March 2020 and April 2021. After a temporary fall, BTC’s price recovered and surged to an all-time high of $68,789 in November 2021, as reported by CoinMarketCap.
However, the Bitcoin stock price couldn’t sustain these remarkable highs and immediately plummeted, entering a sustained bear phase which saw the coin lose 50% of its value. After a brief hiatus, the second leg of this bear phase commenced, causing BTC’s price to drop to the $18,000 region.
The current Bitcoin price at the time of writing is $18,750 – a 72% decrease from 2021’s all-time highs. However, it’s important to note that this steep price decline has more to do with macroeconomic factors than Bitcoin itself, as most (if not all) major altcoins and tokens have also experienced value decreases.
Before moving on to our Bitcoin price prediction for the years ahead, let’s briefly recap the key points to bear in mind:
- Bitcoin (BTC) was conceptualized in late 2008 and officially ‘launched’ in early 2009
- BTC’s first bull run occurred in 2013 when the coin’s price rose by 1,000%
- BTC’s second major bull run was in 2017, when the coin’s value rose by 1,694% in just under 11 months
- Bitcoin showed sustained bullish momentum in 2020 and 2021, reaching an all-time high of $68,789 on November 10, 2021
- Immediately after hitting this all-time high, BTC’s price sank by 72% between November 2021 and September 2022
Bitcoin Price Prediction 2022
Despite its price decline over the past year, Bitcoin remains one of the most searched crypto projects, mainly due to its widespread appeal and ‘first-mover’ status. BTC is now accepted by merchants worldwide, adding valuable utility for holders. It’s this factor which leads many to believe that Bitcoin’s value decreases could prove to be temporary.
To put this into perspective, a report by Zippia found that more than 15,100 businesses worldwide now accept BTC, with over 260,000 Bitcoin transactions occurring in the US every day. These figures highlight that Bitcoin is still an in-demand currency, even after its price decline.
Another factor playing into Bitcoin’s favour is its popularity with financial institutions. A recent article by Bloomberg highlighted that the finance sector is inching closer to launching a spot BTC ETF, which has been mooted for years. The SEC has declined every application to establish one of these ETFs thus far, yet their stance may change since similar securities are now being offered.
The combination of wide use by the masses and adoption by the ‘traditional’ financial markets is ultimately great news for BTC’s price. As we know from the laws of supply and demand, whenever demand for an asset increases, the price also rises – assuming supply remains fixed (or decreases).
Thus, we expect demand for BTC to ramp up again once inflation has been quelled since more investors will be prepared to add ‘risky’ assets to their portfolios. Due to this, our Bitcoin price prediction estimates the coin could reach the $28,000 level by the end of 2022.
Crypto assets are highly volatile investment products. Your capital is at risk.
Bitcoin Price Prediction 2023
A glance at the Bitcoin price chart will show that every time there has been an extended ‘bear market’, the coin’s price has rebounded and surpassed the previous highs. This fact adds optimism that BTC can still be regarded as a crypto with the most upside, with many eager to get involved once the bullish momentum begins picking up once more.
One likely catalyst for this momentum will be the Federal Reserve opting to halt interest rate increases – or even cut rates. Rate increases have occurred throughout 2022 as a way to battle record-high inflation levels, yet these increases have a hugely negative effect on risky assets like crypto. As a result, most altcoins have experienced significant price drops.
However, even though the Bitcoin price today is well below November 2021’s all-time highs, many investors are actually viewing this as an opportunity to acquire BTC at a discount. Once interest rate increases are halted or even reversed, investors’ appetite for high-risk/high-return assets will likely increase. As a result, more capital will flow into the crypto market, helping raise the Bitcoin crypto price.
As Bitcoin remains one of the best proof-of-work coins, along with DOGE and LTC, we’ll likely see some pushback in the coming years due to its vast energy requirements. However, it’s implausible that BTC would fall entirely by the wayside, as the coin is too firmly ingrained in the crypto culture. This adds further belief that Bitcoin’s price could experience another bull run.
Given these factors, our Bitcoin price prediction 2023 estimates the coin’s value could reach $47,000. This would represent a 151% increase from today’s price.
Bitcoin Price Prediction 2025-2030
Finally, how does our Bitcoin forecast look over the longer term? As with all assets, it’s challenging to make accurate assumptions many years into the future. However, there are certain factors at play that hint at where BTC’s price could head in the coming years.
The first of these factors is the growth of the crypto market as a whole. Institutional interest has spurred this growth, with Forbes reporting that BlackRock has launched its own platform, called ‘Aladdin’, which allows investors to gain exposure to major cryptocurrencies. If more financial institutions follow suit, it’ll dramatically increase demand for coins like BTC.
Bitcoin also remains one of the best long-term crypto projects due to its appeal amongst retail investors and those with limited market knowledge. Whenever newcomers wish to get involved with crypto, they naturally gravitate towards BTC, as it is viewed as the ‘safest’ option due to its size. Again, this is another factor that will play a role in sustaining demand.
In addition to all of this, our Bitcoin price prediction remains optimistic due to how well-placed the coin is to weather any storm. Bitcoin is now firmly ingrained in countries worldwide – with El Salvador even being the first to classify it as legal tender. There are also more than 38,000 Bitcoin ATMs worldwide, highlighting that the coin isn’t going away anytime soon.
All of these elements combine to add confluence to the idea that, although Bitcoin’s exponential price increases may be a thing of the past, the coin still has investment potential. As such, our Bitcoin price prediction 2025 estimates the coin’s price could reach the $65,000 level. Moreover, our Bitcoin price prediction 2030 forecasts that the price could exceed this level – thereby leading to a new all-time high.
Crypto assets are highly volatile investment products. Your capital is at risk.
Bitcoin Price Potential Highs & Lows
Bitcoin will likely remain one of the market’s top trending cryptos for years, providing a solid platform for the price to rebound. With that in mind, the table below presents an overview of our price forecasts for the coming years, ensuring investors know which levels could act as support or resistance.
| Year | Potential High | Potential Low |
| 2022 | $28,000 | $17,000 |
| 2023 | $47,000 | $30,000 |
| 2025 | $65,000 | $51,000 |
Where to Buy Bitcoin
Although Bitcoin may no longer be the fastest-growing cryptocurrency on the market, it is still in high demand from investors worldwide. Due to this demand, most leading brokers and exchanges now offer BTC trading, making the coin accessible to the masses. However, this can also mean that deciding which platform to trade with can be daunting.
To help simplify this process, we’ve completed the necessary research and testing, concluding that eToro is one of the best platforms to buy Bitcoin. eToro is one of the world’s largest online trading platforms, serving over 28 million clients in more than 140 countries.
The platform’s stellar reputation is driven by its high level of safety, thanks to regulation from tier-one entities such as the FCA, ASIC, CySEC, FinCEN, and FINRA. eToro also offers two-factor authentication (2FA) and guards clients’ information using SSL encryption.
Regarding the trading process, eToro offers 78 different coins to trade (including Bitcoin), all from as little as $10 per position. Moreover, eToro employs a transparent fee structure which sees a simple 1% commission charged on all crypto trades, plus the bid/ask spread. Clients can place trades using eToro’s web-based platform or mobile app, available on iOS and Android devices.
eToro allows deposits from as little as $10 and has full support for credit/debit cards, bank transfers, and various e-wallets – including PayPal. Moreover, clients can receive some of the best crypto tips by using eToro’s built-in newsfeed or may even wish to use the innovative ‘Copy Trader’ feature to automate their investing. Finally, eToro even has a free demo account, allowing beginners to practice before live trading.
Pros:
- Regulated by some of the world’s leading organizations
- Clients can buy Bitcoin from as little as $10
- Supports PayPal deposits
- Free demo account feature
- Free crypto wallet app
- ‘eToro Academy’ offers a vast selection of free educational resources
Cons:
- Minor inactivity fee charged
- Non-USD deposits accompanied by a conversion fee
Crypto assets are highly volatile investment products. Your capital is at risk.
Is Bitcoin the Best Crypto to Invest in Today?
Before rounding off our Bitcoin price prediction, it’s important to discuss whether BTC is the best crypto to invest in right now, given the ongoing macroeconomic situation. From our perspective, although Bitcoin will likely rebound in the future, there may be better alternatives out there for investors seeking outsized returns.
One alternative that has generated tremendous hype in recent weeks is Tamadoge. Tamadoge is a groundbreaking ‘meme-coin’ project that combines a user-friendly design with real-world utility. Furthermore, Tamadoge’s ecosystem employs exciting play-to-earn (P2E) mechanics that offer users the chance to generate recurring income.
Tamadoge has just wrapped up one of the best crypto presales of the year, raising a remarkable 19m USDT in funding. Many investors opted to buy TAMA tokens ahead of the release of ‘Tamadoge Pets’, which form the foundation of the ecosystem’s battle mechanic. Thanks to this mechanic, players can earn TAMA tokens through skilled gameplay.
These TAMA tokens can be used to make purchases on the in-game marketplace or even held to benefit from price increases. These price increases seem likely given the Tamadoge team’s future plans, which include arcade games, metaverse integration, and even an augmented-reality (AR) app.
Excitingly, Tamadoge has just become a new coin listing on OKX – one of the world’s top 20 largest crypto exchanges. This means investors can now easily trade the TAMA/USDT pair, providing a simple way to gain exposure to the token’s price movements.
Those that cannot create an OKX account for regulatory reasons can still buy Tamadoge through OKX’s decentralized exchange (DEX). Either way, given the massive potential that the project has, now could be an excellent time for investors to consider adding TAMA to their portfolios.
Bitcoin Price Prediction – Conclusion
To conclude, this Bitcoin price prediction has taken an in-depth look at the coin’s prospects, diving into the factors that could play a role in its resurgence. Although Bitcoin has undoubtedly had a challenging year, its first-mover status and strong reputation should ensure it remains a market stalwart for years to come.
However, investors looking to attain market-beating returns may wish to consider Tamadoge. This meme-coin project raised a staggering 19m USDT through its presale and is now available on OKX – one of the world’s leading exchanges. With the hype around this project showing no signs of subsiding, TAMA’s prospects look exceedingly bright.
FAQs
What will Bitcoin be worth in 2023?
Our Bitcoin price prediction for 2023 estimates that the coin could return to the $47,000 level. This would represent an increase of 151% from the BTC price at the time of writing.
What will BTC be worth in 2025?
Based on our research and analysis, we estimate that BTC could be worth $65,000 by 2025. This is the same valuation the coin had in November 2021 and would represent a 244% increase from today’s price.
What will Bitcoin be worth in 2030?
It’s challenging to make an accurate forecast that far into the future; however, we estimate that BTC could be valued at over $100,000 by this point. This would be based on factors such as institutional adoption and greater accessibility to the masses.
What was the starting price of Bitcoin?
According to various reports, Bitcoin’s starting price was $0.09 back in July 2010. Price remained around this level throughout 2010 before surging to $1 in February 2011.
What was Bitcoin’s highest price?
Bitcoin’s highest price was $68,789.63, which occurred on November 10, 2021. At the time of writing, the BTC price is 72% lower than this high.
Is Bitcoin a good investment?
Bitcoin has proved to be a good investment in the past for investors with a high risk tolerance level, yet the coin’s price has suffered throughout 2022. Having said that, BTC could still be a good investment for those who believe the coin is trading at a discount since its price hasn’t been at this level since late 2020.
