Bitcoin Price Prediction 2022-2031: Will Bitcoin Bulls Rally?

bitcoin price

BTC Price Predictions 2022-2031

BTC Price Prediction 2022 – up to $23,365.53
BTC Price Prediction 2025 – up to $81,350.60
BTC Price Prediction 2028 – up to $130,303.41
BTC Price Prediction 2031 – up to $364,434.13

Experts say that with no end to the cryptocurrency price seesaw, the war, inflation, and shifting monetary policy in the U.S. will likely continue to drive more volatility in the coming weeks and months. With LUNA crashing some months back, speculations were ripe on Bitcoin soon being banned in places where it had already gained some form of acceptance. This Bitcoin Price Prediction intends to shed a light into the long tunnel of crypto winter.

Launched over ten years ago in 2009, Bitcoin is a virtual currency powered by blockchain technology. Satoshi Nakamoto created the coin to overcome the shortcomings of government-issued currencies without requiring a controlling authority. Bitcoin acts as a store of value and a payment method for any transaction process in the markets.

The price of Bitcoin has fallen by over 12% in the past week and 28.60% over the past three (3) months, pulling the coin’s value to as low as $18,763. In the short term, Bitcoin has broken through the floor of a rising trend channel. This indicates a slower rising rate at first or the start of more horizontal development. The currency is testing resistance at $21,300. This could give an adverse reaction, but an upward breakthrough of $21,300 means a positive signal. Volume tops and volume bottoms correspond well with tops and bottoms in the price. The currency is overall assessed as technically neutral for the short term.

According to expectations, BTC prices could rise long-term and hit hundreds of thousands. This rise could happen eventually, as, only in November 2021, the price change of one BTC increased significantly, leading to its all-time high of $68,789.63.

Today’s Bitcoin price is $19,088.68 with a 24-hour trading volume of $41,123,905,313. Bitcoin is up 0.47% in the last 24 hours. The current CoinMarketCap ranking is #1, with a live market cap of $365,762,333,692. It has a circulating supply of 19,161,218 BTC coins and a max. supply of 21,000,000 BTC coins.

Also Read:
• Best Bitcoin Wallets In 2022
• The use of bitcoin goes beyond an investment asset
• Analysts predict Bitcoin price to remain bullish after returning to $11000
• Bitcoin Futures: All You Need To Know

ITB Widget Example

What is Bitcoin?

Launched in 2009, Bitcoin is a decentralized digital currency powered by blockchain technology. Satoshi Nakamoto created the coin to overcome the shortcomings of government-issued currencies without requiring a controlling authority.

Bitcoin (BTC) was created out of the need for a cryptography-based e-payment system rather than the conventional trust-based system. The cryptocurrency acts as a store of value and a payment method for any transaction process in the crypto space. It is often dubbed “digital gold.”

Bitcoin’s current cryptography is based on an impenetrable algorithm (SHA-256) designed by the United States National Security Agency (NSA) in 2016, after the collapse of the SHA-1 algorithm. This algorithm makes it impossible to crack the Bitcoin network.

Since the launch of Bitcoin in 2009, its value has risen dramatically, from less than 0.01 USD in May 2010 to over 67,000 USD in November 2021. Bitcoin is expected to attain newer feats in the coming years as more institutional investors and traders continue to turn to cryptocurrency.

What Influences Bitcoin’s Price?

Several factors are responsible for the price movement of cryptocurrencies. These price-determining factors include demand and supply, investor sentiments, availability, economic cycles, adoption rate, functionality, governance & forks, regulations, news, etc. Although Bitcoin is a mainstream digital currency, its price movement is also subject to these factors, as with other currencies.

For instance, the 24 February 2022 sell-off was sparked by Russia’s invasion of Ukraine, which also saw global stocks fall sharply. Bitcoin has been correlated with other risk assets like stocks for several months. More institutional investors get involved, and short-term investors who trade bitcoin like other risk equities have entered the market.

Recently, Bitcoin bottomed at $17,708 (its 52-week low) on June 18, 2022, due to the news about several exchanges, lending pools, and other cryptocurrency companies battling liquidity problems. 

Celsius, a DeFi platform and top crypto lender was the source of negative market sentiments in the middle of June 2022. The platform announced that it had paused swaps, withdrawals, and transfers between accounts due to the extreme crypto market conditions – this has been the status quo since June 13. 

Three arrows capital (3AC) is another firm that was plunged into bankruptcy because of the meltdown of TerraUSD/LUNA and liquidations by Voyager, Celsius, and BlockFi. Consequently, Bitcoin dipped by about 68% from its current all-time high, affirming the effect of investor sentiments, news, demand, supply, etc.

Bitcoin Challenges

Despite its success, Bitcoin has faced several criticisms, especially its energy-hungry mining system. According to an energy consumption tracker developed by the University of Cambridge, Bitcoin mining was estimated to consume 100 TWh per year, about one-third of the UK’s total energy consumption in 2016.

In addition, BTC’s criminality potential has positioned it for more scrutiny, as it has facilitated numerous dark web dealings, such as acquiring illegal weapons, money laundering, etc.

The most significant and long-standing challenge of Bitcoin is scalability. Bitcoin’s underlying technology limits its performance in terms of transaction completion timeframe, with an insufficient capacity of 3-7 TPS. As more transactions are initiated on the network, processing delays will surface. Several proposals have been put forward to nip this concern in the bud, but a favorable long-term fix remains unclear.

Bitcoin Price Overview

Bitcoin has had a sustained bearish run in the past few months, with its value dipping to as low as $17,708. With the current series of events in the market, especially the collapse of LUNA/TerraUST and the liquidity issues befalling lending pools and crypto companies, traders and investors alike have been forced to dump their positions.

Bitcoin Price Prediction 2022-2031: Will Bitcoin Bulls Rally? 1

At the time of writing, Bitcoin is trading at $21,472.12, a loss in value of about 68% from its current ATH of $68,789.63. The 24-hour trading range of Bitcoin is $20.95k to $21.64k. The leading crypto has been fluctuating near the $22,000 mark over the past week as many financial markets and the crypto space struggle to regain upward momentum.

Will Bitcoin survive the current onslaught? Have we seen the bottom already, or there’s more to come below $17K? It remains to be seen where the market goes from here and if this is the right time to invest in Bitcoin long–term or sell short for profits. 

Bitcoin Technical Analysis

Bitcoin Price Prediction 2022-2031: Will Bitcoin Bulls Rally? 2

Bitcoin shows weak development in a falling trend channel in the short term. Falling trends indicate that the currency experiences negative development and falling buy interest among investors. The currency is between support at $18,700 and resistance at $19,400. A definitive breakthrough of one of these levels predicts a new direction. The RSI curve shows a falling trend, which supports the negative trend. The short-term assessment of Bitcoin is technically slightly negative.

Bitcoin Price Prediction 2022-2031: Will Bitcoin Bulls Rally? 3

Bitcoin is in a falling trend channel in the long term. This shows that investors over time have sold at lower prices to get out of the coin and indicates negative price development. BTC gave a negative signal from the head and shoulders formation by the breakdown through the support at $31,687. A further fall to $17,599 or lower is signaled. In addition, BTC has support at $10,000 and resistance at $29,000. Volume tops and volume bottoms correspond badly with tops and bottoms in the price, which confirms the trend. Bitcoin is overall assessed as technically negative for the long term.

Bitcoin Price Predictions by Cryptopolitan

Bitcoin Price Prediction 2022-2031: Will Bitcoin Bulls Rally? 4
YearMinimum Price ($)Average Price ($)Maximum Price ($)

BTC Price Prediction 2022

According to our BTC price prediction 2022, Bitcoin has the potential to trade as high as $23,365.53 by the end of the year. Investors can expect an average price of $19.740.92, while negative market forces could pull the price down to $16,340.46.

BTC Price Prediction 2023

Our BTC price prediction 2023 indicates the premier crypto will attain a maximum price of $45.448.34. We also anticipate a significant increase in the price support level leading to a minimum price of $40,468.48 and an average market price of $43,131.94.

BTC Price Prediction 2024

Bitcoin will trade between $55,706.42 to $63,390.94 based on our BTC price prediction 2024. Following these values, the expected average price is $59,408.02. These high price levels could result from increased demand for Bitcoin due to the Bitcoin Halving slated for 2024.

BTC Price Prediction 2025

According to our BTC price prediction 2025, Bitcoin investors will record huge profits, as the cryptocurrency could reach a peak price of $81,350.60. Throughout the year, Bitcoin is expected to maintain an average price of $76,850.71 and a minimum price of $72,854.79. If more prominent companies, in addition to Microsoft, PayPal, Amazon, etc., adopt bitcoin as a payment method, it could contribute to BTC attaining these price levels.

BTC Price Prediction 2026

Our BTC price prediction 2026 expects an overall bearish market, leading to a fall in the maximum price to $68,635.43 and a minimum price of $63,348.38, respectively. The expected average price is $65.684.56.  A fall in BTC prices could result from several reasons, including renewed criticisms of its high mining costs and energy consumption levels.

BTC Price Prediction 2027

According to our BTC price predictions 2027, Bitcoin will trade at a maximum price of $97,637.02, indicating a plausible 409.16% gain on the current market price. Bitcoin is also expected to have a minimum price of $89,940.24 and an average price of $94,453.31.

BTC Price Prediction 2028

Our BTC price prediction 2028 indicates that Bitcoin will have a price range of $127,866.53 to $138,303.41, with an average price of $132,805.29. If the Bitcoin network is integrated with more blockchains, investors will have easy accessibility to Bitcoin, increasing the token’s adoption and BTC price rise.

BTC Price Prediction 2029

Our BTC price prediction 2029 expects a massive price surge leading to a maximum BTC price of $194,638.35, with its lowest possible price set at $184,978.84. The projected average price is $189,715.40.

BTC Price Prediction 2030

According to our BTC price prediction 2030, Bitcoin will attain a maximum price of $270,549.35, while maintaining an average price of $264,854.91. We also anticipate the coin not to trade lower than $261,164.20. With a higher adoption of blockchain-based applications in the future, various cryptocurrencies, including BTC, could see a massive price increase.

BTC Price Prediction 2031

Our BTC price prediction 2031 expects Bitcoin to be trading at about 19x its current price, with a maximum price of $364,434.13, provided the crypto market continues to grow at a great pace. Investors should also anticipate minimum and average prices of $356,336.93 and $361,370.93, respectively.

Wallet Investor Bitcoin Price Prediction

According to Wallet Investor, Bitcoin will trade at $33,668.92 in 2023 and 79,969.28 in 2027. Therefore, the digital coin is touted as an awesome long-term investment. However, Wallet Investor expects Bitcoin to record some losses in the coming days, falling to a price of $18,588.01 in two weeks.

TradingBeasts Bitcoin Price Prediction

TradingBeasts predicts Bitcoin to close its annual trade for 2022 with a minimum price of $16,390.208, a maximum price of $24,103.248, and an average price of $19,282.598. Next year, they anticipate Bitcoin to experience slight price drops leading to an average price of $18,741.959 by December 2023, with its minimum price expected to fall to $15,930.665.

At the start of 2024, TradingBeasts Bitcoin forecast projects a bearish run, trading as low as $16,125.175 in April. The following month, BTC is expected to embark on an uptrend till the year’s end, attaining an average price of $20,339.287 and a maximum price of $25,424.108.

According to TradingBeasts, the financial asset will have an overall bullish market in 2025. By the end of the year, the digital coin is projected to trade at a minimum price of $20,612.918, an average price of $24,250.491, and a maximum market price of $30,313.114.

Longforecast Bitcoin Price Prediction

Longforecast predicts Bitcoin to end 2022 with a minimum price of $16,379, a maximum price of $20,330, and a closing market price of $19,000. In 2023, they anticipate that BTC will experience severe market losses, leading to the coin closing its annual trade at $12,678.

According to Longforecast Bitcoin Price Prediction for 2024, they expect the price of Bitcoin to rebound, trading as high as $27,438 in December and closing the year at $25,643. In 2025, they predict the token will start the year with a strong bull run, trading at a maximum value of $33,661 by March. However, a couple of gains and losses could follow, leading to the BTC market closing the year at a market price of $19,127.

Going into 2026, Longforecast expects Bitcoin market to begin the year on an upward trajectory, hitting a peak price of $32,990 by April. Thereafter, they predict a bearish run will occur, resulting in a price range of $16,881-$19,982 by October with a closing market price of $18,152.

Bitcoin Price Prediction by Market Experts

With the current downturn in several fiat currencies around the world, especially with the GBP reaching a record low against the US Dollar, Bitcoin Billionaires could be set to return to center stage.

The notion that #bitcoin isn’t good for anybody is unbelievable,” MicroStrategy’s Chairman said. Most public policy creates stagflation and there is little that you can do to change this. What you can do is buy #bitcoin and work hard to generate income so that you can #hodl [hold] until the rest of the world realizes that BTC is the best global store of value asset.

Billionaire Michael Saylor – bitcoin cryptocurrency evangelist

According to experts at The Times Money Mentor, “Bitcoin’s price is mostly speculative, and predicting its future worth exactly is almost impossible. Invariably, the price action of the asset will be driven by sentiments. However, if bitcoin price history is anything to go by, there are chances of a full recovery in the future. Bitcoin plummeted by 83% in 2018 before blazing to record highs in 2020 and 2021.”

They added that “there are no guarantees of the coin reaching $69,000 as seen in late 2021. Anyone currently invested in bitcoin might want to hold on to their hats for the time being. And for those awaiting a BTC quick bounce back, you might need to be very patient.”

According to a tweet from Kevin Svenson, a crypto market analyst, he exuded caution on a swift rebound in the market price of BTC. He went on to refer to the market downturn of 2018. Apparently, Bitcoin’s recovery to its ATHs in the short term could be an unrealistic ask.

@MoreCryptoOnline, a YouTube crypto analyst, provides an in-depth analysis of Bitcoin’s price movement and Bitcoin price forecast. The analysis examines BTC’s prospects in 10+ years and juxtaposes the coin’s performance with its long-term log chart.


In the coming years, Bitcoin investors are likely to record massive profits as the world begins to recognize the potential of cryptocurrency as a financial tool. For example, the Russian Federation recently introduced a policy that officially authorizes the use of cryptocurrency for cross-border payments. At the same time, Colorado became the first state in the U.S to start accepting cryptocurrency as a tax payment.

The effects of policies such as these could increase the demand and value of Bitcoin – among other coins – as it is the world’s most popular cryptocurrency. However, these Bitcoin price predictions are not investment advice, nor guaranteed as the cryptocurrency market remains subject to several forces. All investors are advised to consult with financial experts before executing any market action.

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.


Is Bitcoin a Good Investment?

According to analysts, it is good to buy Bitcoin before it’s too late and the entire world starts to accept Bitcoin, and it turns into a global currency. Fiat currencies won’t hold much value in the future as the crypto market surges to new heights despite the bearish market we see now. Our analysis shows that blockchain technology adoption will surge, and more investors will acquire digital assets, making Bitcoin a good investment.

How many Bitcoins are left to be mined?

There are a total of 21 million Bitcoin to be ever created. 19.13 have already come out of the mining farms that perform hashing algorithms that help Bitcoins blockchain network and related companies to do their work. Therefore, most Bitcoin has already come into existence (around 90 percent), and one would think about what would need to change to get more Bitcoin after the total maximum is exceeded. The answer is – you will have to acquire them through crypto exchanges.

How high can Bitcoin price rise?

Favorable market conditions will push BTC to a high price of $364,434.13.

What's causing Bitcoin prices to drop?

Some factors leading to the fall of Bitcoin’s price include rising interest rates, growing inflation, potential recession, and of course, the persistent war in Ukraine.

Where to buy Bitcoin?

Bitcoin is the largest cryptocurrency in the market and is available on virtually all exchanges. You can buy bitcoin from Binance, FTX, Coinbase Exchange, KuCoin, Gate.io, and many others.

Shawn Du'Mmett

Shawn Du'Mmett

Former IT development and consultant, remote team and collaboration expert, PM, CCO, writer, dreamer, idealist looking to collaborate with global teams on a global teal/turquoise organisation. Shawn's dream is working together openly, to get what writers need and want, and to solve biggest global problems. He is building a collaboration system from the start that everyone can own and define, allowing them to work together, to decide how it works and to their highest ideals.

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