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Bitcoin Gold Price Prediction 2024-2033: Is BTG a Good Investment?

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Bitcoin Gold Price Prediction 2024-2033

Bitcoin Gold (BTG) aims to revolutionize the mining process by introducing a new Proof-of-Work algorithm that combats the scalability issues Bitcoin struggles with. This Bitcoin Gold price prediction will track the BTG network through its price movements

Bitcoin Gold is one of the first hard forks of Bitcoin, which has attracted institutional and enterprise investors’ attention. Due to the turn of events, miners and developers on the Bitcoin network determined that a shift of power was necessary. That decision eventually resulted in Bitcoin Gold (BTG), as we know it today. BTG is available on a wide variety of exchanges, as well as swap services and wallets.

In this Bitcoin Gold price prediction, we’ll examine the price history of the digital asset, technical analysis, and BTG/USD predictions for from 2024 to 2033.

How much is BTG worth?

Today’s Bitcoin Gold price is $21.49 with a 24-hour trading volume of $9 million. Bitcoin Gold is down 3.61% in the last 24 hours. The current CoinMarketCap ranking is #126, with a live market cap of $$376,364,033. It has a circulating supply of 17,513,923.59 BTG coins and a max. supply of 21,000,000 BTG coins.

Bitcoin Gold price analysis: BTG to break $23 barrier and trend upwards?

TL;DR Breakdown

  • BTG/USD pair consolidating at $20
  • The short-term sentiment for BTG appears bearish
  • Failure to break resistance at $23.645 may lead to a drop to $16.854

BTG price analysis 1-day price chart: Bears to take BTG to $16.854?

On the daily price chart, Bitcoin Gold appears to be in a falling channel in the long term, meaning that BTG has been experiencing a prolonged period of declining prices and has not been able to sustain significant upward movements. If BTG fails to surge past its resistance at $23.645, the bears could drag the price downwards to $16.854. The MACD also corroborates the current market trend with a negative crossover.

BTG price analysis 4-hour price chart: Bitcoin Gold on a downward trend, $17 next?

Based on the 4-hour price chart analysis, Bitcoin Gold is currently exhibiting a downtrend, experiencing a decline of 18.48% in the past week. The re-entry of the bulls into the market could take BTG past its resistance levels at $23.64 and $25.40. In the advent of a sustained bearish market, BTG could fall back to its support levels at $19.16 and $17.02. An RVI value of 39.3, which is below the midpoint of 50, suggests that the current trend is weak and may indicate bearish sentiment in the market.

Bitcoin Gold Price Prediction 2024-2033

Price Prediction by Cryptopolitan

YearMinimum Price ($)Average Price ($)Maximum Price ($)
202432.3833.3139.61
202548.0149.3556.49
202670.6473.1181.58
2027106.43109.35124.55
2028152.96157.34187.12
2029226.81233.10270.04
2030327.02338.67397.50
2031478.56492.10586.91
2032688.35708.03827.57
20331,020.551,048.871,205.41

Bitcoin Gold Price Prediction 2024

According to our Bitcoin Gold price prediction for 2024, BTG will have a maximum price of $39.61 and a minimum price of $32.38. Investors could also anticipate an average market price of $33.31.

Bitcoin Gold Price Prediction 2025

By 2025, we expect that Bitcoin Gold will attain a peak price of $56.49 and a minimum market value of $48.01. Our Bitcoin Gold price prediction for 2025 also indicates the coin will trade around an average price of $49.35, representing a significant profit on the current market price.

Bitcoin Gold Price Prediction 2026

Our Bitcoin Gold price forecast for 2026 anticipates a continued uptrend in the market price of BTG, leading to the coin trading at a maximum value of $81.58. The BTG crypto is also expected to have an average price of $73.11 and a minimum price of $70.64.

Bitcoin Gold Price Prediction 2027

According to our Bitcoin Gold price prediction for 2027, we expect BTG to reach a maximum trading price of $124.55, a minimum price of $106.43, and an average price of $109.35. If Bitcoin Gold continues to pursue interoperability, the network might see an increase in developers and investors, which would drive prices to the projected levels.

Bitcoin Gold Price Prediction 2028

For this year, our Bitcoin Gold price prediction 2028 indicates that BTG will record some more gains, resulting in a maximum trading price of $187.12 and an average market value of $157.34. The minimum price expected for the coin is $152.96.

Bitcoin Gold Price Prediction 2029

According to our Bitcoin Gold price prediction for 2029, BTG will trade at a maximum price of $270.04 and an average price of $233.10. We also expect Bitcoin Gold to have a minimum price of $226.81.

Bitcoin Gold Price Prediction 2030

Based on our Bitcoin Gold price prediction for 2030, BTG will have a maximum market value of $397.50 and a minimum price of $327.02. Investors could also expect an average price of $338.67.

Bitcoin Gold Price Prediction 2031

Our Bitcoin Gold price forecast for 2031 anticipates a continued uptrend in the market price of BTG, leading to the coin trading at a maximum value of $586.91. The BTG crypto is also expected to have an average price of $492.10 and a minimum price of $478.56.

Bitcoin Gold Price Prediction 2032

According to our Bitcoin Gold price prediction for 2032, BTG will be trading at a maximum price of $827.57, a minimum price of $688.35, and an average market value of $708.03.

Bitcoin Gold Price Prediction 2033

Our Bitcoin Gold price prediction for 2033 indicates that the coin might reach a maximum trading price of $1,205.41, a minimum market price of $1,020.55, and an average price of $1,048.87.

Bitcoin Gold Price Prediction by Wallet Investor

According to the analysis conducted by Wallet Investor, Bitcoin Gold is forecasted to be an unattractive option for long-term investment. The analysis suggests that the value of Bitcoin Gold is expected to decrease significantly, with a projected decline of over 72.67% throughout 2025. This prediction indicates a substantial devaluation of the token, which may not align with the investment goals and objectives of individuals seeking stable and profitable long-term investments.

Technewsleader Bitcoin Gold Price Prediction

According to the Bitcoin Gold forecast provided by Technewsleader, they anticipate a positive trajectory for the cryptocurrency’s value. Their projections suggest that in 2024, the value of BTG could potentially reach as high as $37.07. By 2028, the price of Bitcoin Gold could climb to approximately $166.65. Furthermore, their long-term forecast envisions significant growth, with BTG trading at $1,114 by 2033.

Bitcoin Gold Price Prediction by Digitalcoinprice 

Digitalcoinprice’s analysis suggests that Bitcoin Gold (BTG) is poised for a significant recovery in the coming years. The projected prices indicate that BTG could potentially reach a maximum price of $47.17 in 2024, $77.43 in 2026, and $97.90 in 2028. The average price projection for 2029 is $112.31, with a peak price of $117.54. By 2030, BTG is expected to experience a substantial increase in value, with a maximum market price of $160.89 and a minimum price of $144.82. Looking further ahead to 2033, Digitalcoinprice’s forecast predicts Bitcoin Gold could surpass $400, potentially reaching a maximum price of $416.07.

Bitcoin Gold Overview

Popularity#126Market Cap$376,364,033
Price Change (24 hours)-4.05%Trading Volume (24 hours)$13,135,192
Price Change (7 days)-17.22%Circulating Supply17,513,924 BTG
All-time low (Nov, 2020)$2.54All-time high (Oct, 2017)$539.72
Price from ATL+803.34%Price from ATH-95.75%

Bitcoin Gold Price History

From historical data, Bitcoin Gold (BTG) coin price was initially valued at over $500, and it hit an all-time high (ATH) of $539.72 on 23 October 2017. However, the price fell rapidly below $200 in a short period but hit another high of $509 on 11 November 2017. Bitcoin Gold spent the remainder of 2017 trying to retrace the $500 mark. The price retracement continued in the first few days of 2018, but the market eventually lost its momentum at around $158 at the end of January 2018.

In March 2018, BTG’s value fell below the $100 mark, and the bearish movement spanned the whole of the year 2019. On 3 January 2020, Bitcoin Gold plummeted to a new minimum price of $5.02 and attained an all-time low of $4.25 in March 2020.

The significant price dips experienced between 2018 to 2020 could be attributed to repeated malware attacks on the coin’s ecosystem. At the start of the year 2021, the price of Bitcoin Gold (BTG) hovered around the $8 mark. In the middle of February, the dynamics favored Bitcoin Gold, and its price showed signs of massive recovery by rising to $168.19 in May and closing the year at about $40.

BTG reached $44 in March 2022 but soon spiraled downward to about $12 by December 2022. Bitcoin Gold kicked off in 2023 with a bear market, jumped to about $20 in February, dipped to about $14 in July, and finished 2023 at $21.5. At the time of writing, BTG is trading at $21.49, having touched $32 in mid-January 2024.

More on the Bitcoin Gold (BTG) Ecosystem

What is Bitcoin Gold (BTG)?

Bitcoin Gold (BTG) was launched in 2017 as a user-friendly Bitcoin alternative by co-founders Hang Yin, Martin Kuvandzhiev, and Franco Niebles. The blockchain-based platform is an open-source digital currency with Bitcoin (BTC) fundamentals, aimed at mitigating the scalability concerns of BTC and decentralizing the mining sector.

The introduction of Bitcoin (BTC) in January 2009 came with the proposition that mining the coin would be available to all and sundry, and this appeared to be the status quo for some time. However, as the value of Bitcoin steadily climbed up the charts, its mining appeal began to skyrocket, and competition soon increased. Two products of this competition include Bitcoin Gold and Bitcoin Cash.

In effect, BTG is a hard fork (spin-off) of existing blocks of the BTC blockchain. The Bitcoin Gold blockchain is driven by a Proof of Work (POW) algorithm known as Equihash or Zhash.

Bitcoin Gold has fulfilled some of its aims by offering complete anonymity and significantly improving processing times compared to what we have with Bitcoin. Bitcoin Gold (BTG) can be mined on regular GPUs rather than the expensive and sophisticated ASICs with the hard fork.

The coin’s development team kicked off with six members in 2017 and now boasts a mix of 20+ international members with varied skills and backgrounds. Also, the administration and development of the BTG blockchain are conferred on the board and members of the community. Bitcoin Gold (BTG) functions independently of centralized monetary policies or restrictions by banks, federal reserves, or other financial bodies as a digital asset.

What are some BTG use cases?

BTG can have several applications, including the following

  • Settlement for trades – buy, sell, swaps, etc.
  • An instrument of investment in crypto marketplaces
  • An independent payment enabler like other digital assets
  • Computing technology
  • Open-source bridges
  • Smart contracts
  • Payment methods

The various use cases of this digital asset across multiple platforms have led to a steady increase in Bitcoin Gold’s (BTG) value.

How to buy and sell Bitcoin Gold (BTG)?

Like Bitcoin, Bitcoin SV, and other coins, Bitcoin Gold (BTG) can be purchased or sold on cryptocurrency platforms that support the ecosystem. You can also swap/sell BTC for BTG on a Bitcoin exchange.

Here’s how to buy Bitcoin Gold:

  • Look for a secure cryptocurrency exchange.
  • Set up an account.
  • Provide identification and payment details where necessary.
  • Fulfill KYC requirements.
  • Determine the amount of coin you want to buy, confirm the exchange rates, and buy Bitcoin Gold.
  • If you prefer hardware wallets over digital wallets, that option is available too.

Here’s how to sell Bitcoin Gold:

  • Ensure that you already have your Bitcoin Gold coin in your wallet.
  • Visit any secure crypto platform with support for BTG, and type in your sell amount.
  • If the rates work for you, sell your Bitcoin Gold.
  • If you’re selling for another digital asset, ensure that the receiving address is secure.

Conclusion

Bitcoin Gold (BTG) is not the most popular coin for massive price jumps. However, its fundamentals and innovative features are pretty solid – meaning that it can still be a profitable investment over time. 

BTG is quite famous for its intriguing network capabilities, which continue to interest many crypto enthusiasts and developers worldwide. We anticipate a steady rise in the token’s price in 2024 and the years beyond if the market stays in the green.

However, these predictions are not financial advice, and all investors should conduct further research before making any investment decision.

FAQs

Is BTG a good investment?

According to the predictions, the price of Bitcoin Gold will grow steadily in the coming years, making it worthy of your portfolio.

Where can I buy Bitcoin Gold?

Bitcoin Gold BTG can be purchased on several exchanges, including Binance, Gate.io, Huobi Global, Upbit, and Bithumb.

Is BTG a good long-term investment?

According to the predictions, the price of Bitcoin Gold will grow steadily in the coming years, making it worthy of your portfolio.

Is BTG price forecast always accurate?

There is no 100% guarantee that the actual price dynamics of BTG will follow a forecast or any particular approach. However, a price forecast provides extensive market insight into a coin of interest.

Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.

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Micah Abiodun

Micah is a crypto enthusiast with a strong understanding of the crypto industry and its potential for shaping the future. A result-driven Chemical Engineer (with a specialization in the field of process engineering and piping design), Micah visualizes and articulates the intricate details of blockchain ecosystems. In his free time, he explores various interests, including sports and music.

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