Key takeaways:
- Bitcoin price faces intense volatility around $105K.
- Our Bitcoin price prediction expects BTC’s price to reach $160K by the end of 2025 due to the bullish sentiment following the halving event.
- By 2031, BTC might touch $350,548 following increased institutional adoption.
Bitcoin is trying hard to hold its momentum above $100K. This surge in value is partly attributed to the broader market response to Donald Trump’s election.
Since the beginning of 2024, Bitcoin’s price has doubled, but it has seen a notable 45% increase in just the two weeks following the presidential election. This boost has solidified Bitcoin’s role in the so-called “Trump trade,” with the president-elect’s positive stance on the cryptocurrency industry fueling investor optimism about this emerging asset class.
As Bitcoin on-chain activities surge, questions arise, such as: “Does Bitcoin have the potential of holding above the $100K mark?” or “Will Bitcoin go up?” or “Where will Bitcoin be in 5 years?” Let’s answer them using our Bitcoin price prediction.
Overview
| Cryptocurrency | Bitcoin |
| Ticker | BTC |
| Price | $103,712 |
| Market Cap | $1,238,914,422,643 |
| Trading Volume | $22,318,495,561 |
| Circulating Supply | 19,719,062 |
| All-time High | $108,268, December 17, 2024 |
| All-time Low | $0.04865, Jul 15, 2010 |
| 24-hour high | $101,997 |
| 24-hour low | $99,196 |
Bitcoin price prediction: Technical analysis
| Metric | Value |
| Current Price | $103,712 |
| Price Prediction | $ 112,463 (19.91%) |
| Fear & Greed Index | 66 (Greed) |
| Sentiment | Neutral |
| Volatility | 3.39% |
| Green Days | 14/30 (47%) |
| 50-Day SMA | $ 95,668 |
| 200-Day SMA | $ 71,732 |
| 14-Day RSI | 44.14 |
Bitcoin price analysis
TL;DR Breakdown
- BTC price analysis struggles around $105K.
- Resistance for BTC is at $109,015.
- Support for BTC/USD is at $99,838.
The BTC price analysis for 21 January confirms that Bitcoin faces an increased battle between buyers and sellers. Currently, the BTC price aims for move above the immediate resistance channel of $105K.
BTC price analysis 1-day chart: Bitcoin price struggles to hold above resistance
Analyzing the daily Bitcoin price chart, we see that BTC faces buying pressure as it aims for a move above $105K. In recent hours, the price of BTC faced multiple rejections and is struggling at around $103,000. The 24-hour volume has surged to $6.7 billion, raising interest in trading today. BTC is trading at $103,712, dropping by over 2.8% in the last 24 hours.
The RSI-14 trend line has surged from its previous level and trades above the buying region at 60, hinting that a bullish pressure is on the edge. The SMA-14 level suggests volatility in the next few hours.
BTC/USD 4-hour price chart: Bulls aim for an immediate correction
The 4-hour Bitcoin price chart suggests that bulls are strengthening their position to hold the price above the EMA trend lines. Bulls are maintaining buying confidence as the BTC price aims for a retest of resistance.
The BoP indicator trades in a bearish region at 0.05, showing that short-term sellers are taking a chance to accelerate a downward trend.
Additionally, the MACD trend line has formed red candles below the signal line and the indicator aims for a negative momentum, strengthening short-position holders’ confidence.
Bitcoin technical indicators: Levels and action
Daily simple moving average (SMA)
| Period | Value | Action |
| SMA 3 | $ 100,504 | SELL |
| SMA 5 | $ 97,602 | SELL |
| SMA 10 | $ 95,727 | SELL |
| SMA 21 | $ 98,437 | SELL |
| SMA 50 | $ 95,668 | SELL |
| SMA 100 | $ 81,400 | BUY |
| SMA 200 | $ 71,732 | BUY |
Daily exponential moving average (EMA)
| Period | Value | Action |
| EMA 3 | $ 98,770 | SELL |
| EMA 5 | $ 100,139 | SELL |
| EMA 10 | $ 100,705 | SELL |
| EMA 21 | $ 99,159 | SELL |
| EMA 50 | $ 92,060 | BUY |
| EMA 100 | $ 82,968 | BUY |
| EMA 200 | $ 73,866 | BUY |
What to expect from BTC price analysis next?
The hourly price chart confirms that Bitcoin is attempting to drop below the immediate support line; however, bulls are eyeing a recovery rally in the coming hours. If BTC’s price holds momentum above $109,015, it will fuel a bullish rally to $111,368.
If bulls fail to initiate a surge, the BTC price may drop below the immediate support line at $99,838, beginning a bearish trend to $97,015.
Is Bitcoin a good investment?
The rising institutional demand for Bitcoin makes it a good investment option. However, Bitcoin has a short investment history filled with very volatile prices. Whether it is a good investment depends on your financial profile, investment portfolio, risk tolerance, and investment goals.
Why is Bitcoin down today?
As Donald Trump didn’t mention a word regarding crypto during his inauguration speech, it triggered massive selling pressure in the crypto market. This resulted in a steep decline in the BTC price chart.
Will BTC price reach $100K?
Bitcoin price recently broke its much-anticipated mark of $100K, forming a new ATH. The price is currently aiming to maintain its buying demand above $100K.
Will BTC reach $1 million?
$1 Million is a significant milestone for the BTC price. However, it is achievable if Bitcoin continues to attract institutional interest in the coming years.
Is Bitcoin a good long-term investment?
As several institutions continue to accumulate BTC and Bitcoin faces a rise in global recognition, Bitcoin has a solid long-term future.
Recent news/opinions on BTC
SoSoValue data shows Bitcoin ETFs netted $5.32 million on Jan. 1, led by Fidelity’s Wise Origin Bitcoin Fund with $37 million in inflows. FBTC’s total assets stand at $18.9 billion, edging closer to the $20 billion mark.
Bitcoin price prediction January 2025
December was a bullish month for Bitcoin, characterized by significant upswings. Will BTC price establish a new ATH in January 2025?
Bitcoin’s price might attempt to surge toward $100,000 from its recent low and be pushed further, at least $108,000 if strong downward pressures are not seen. However, we might see a rejection on the bearish side, leading to a consolidation around $91K.
| Bitcoin Price Prediction | Potential Low | Potential Average | Potential High |
| Bitcoin Price Prediction January 2025 | $91,000 | $100,000 | $108,000 |
Bitcoin price prediction 2025
Historically, Bitcoin has been a significant crypto coin in the year following a halving, and it is expected to push up its price. Bitcoin miners might play a crucial role in holding bullish sentiment for future price movements.
Bitcoin spot ETFs are projected to be a key driver of Bitcoin prices and the broader cryptocurrency market in 2025.
Furthermore, there is an increasing bullish sentiment that the base interest rates could be cut in the US, and thus, help to further the upward movement of Bitcoin. An outcome of which the 2025 year could be positive for Bitcoin, with its crypto-price perhaps touching $160,000 in the highest and the low could be around $95,000.
| Bitcoin Price Prediction | Potential Low | Potential Average | Potential High |
| Bitcoin Price Prediction 2025 | $95,000 | $120,000 | $160,000 |
Bitcoin Price Predictions 2026-2031
| Year | Minimum Price | Average Price | Maximum Price |
| 2026 | $115,000 | $130,000 | $185,000 |
| 2027 | $140,491 | $170,100 | $216,738 |
| 2028 | $164,063 | $185,068 | $244,142 |
| 2029 | $195,629 | $200,312 | $255,321 |
| 2030 | $225,903 | $248,568 | $270,593 |
| 2031 | $285,058 | $303,555 | $350,548 |
Bitcoin Price Prediction 2026
Bitcoin might witness slow growth after 2025’s halving surge, resulting in a surge in selling pressure. However, more financial products including a surge in ETF demand might hold BTC prices within a bullish region. We might see a maximum price of $185,000, with a minimum price of $115,000 and average price of $130,000. However, BitMEX Ceo Arthur Hayes predicted the BTC price to touch $700K in 2026.
Bitcoin Price Prediction 2027
Based on a detailed technical analysis of past Bitcoin price data, it is projected that in 2027, Bitcoin could see a minimum price of $140,491. The potential maximum price is estimated to be $216,738, with an average value of $170,100.
Bitcoin Price Prediction 2028
By 2028, Bitcoin’s price is expected to reach a low of $164,063. Maximum price projections are as high as $244,142, averaging about $185,068 for the year.
Bitcoin Price Forecast 2029
Projections for 2029 suggest that Bitcoin could be valued at a minimum of $195,629. The price may peak at as much as $255,321, with an average throughout the year expected to be around $200,312.
Bitcoin (BTC) Price Prediction 2030
The forecast for 2030 suggests that Bitcoin’s price could start at a minimum of $225,903 and potentially rise to a maximum of $270,593. The average price is anticipated to stabilize at about $248,568 throughout the year.
Bitcoin Price Prediction 2031
The forecast for 2030 suggests that Bitcoin’s price could start at a minimum of $285,058 and potentially rise to a maximum of $350,548. The average price is anticipated to stabilize at about $303,555 throughout the year.
Bitcoin Market Price Prediction: Analysts’ BTC Price Forecast
| Firm Name | 2025 | 2026 |
| Gov.Capital | $118,300 | $161,352 |
| DigitalCoinPrice | $135,487 | $155,444 |
| TradingBeasts | $107,544 | $154,235 |
- CoinCodex predicts Bitcoin’s price could reach $158,827 by 2025, using the Bitcoin Rainbow Chart based on past volatility and the cyclical nature of Bitcoin Halving events.
- Cathie Wood of Ark Invest forecasts Bitcoin may hit $600,000 by 2030, with a potential rise to $1.5 million in her bull case scenario after Bitcoin ETFs approval.
Cryptopolitan’s Bitcoin (BTC) Price Prediction
At Cryptopolitan, we are bullish on Bitcoin’s future price as the historical market sentiment is extremely impressive. By the end of 2025, Bitcoin might record a maximum price of $160,000, with a minimum price of $95,000 and an average price of $120,000.
However, the future market potential for Bitcoin entirely depends on its buying demand, regulation and investor sentiment in long-term holding.
We expect Bitcoin price to create a high of $216,000 by the end of 2027.
Bitcoin historic price sentiment
- Satoshi Nakamoto created Bitcoin in 2009, marking the first use of blockchain technology.
- Bitcoin was initially of little value, gaining significant traction and hitting over $15,000 during the 2017 boom, with further highs reached in 2019 and 2021.
- In 2021, Bitcoin peaked at $68,789.63 but dropped to $15,760 by December 2022 amid economic pressures, including inflation and geopolitical conflicts.
- By April 10, 2023, Bitcoin’s price surged 83%, breaking the $30,000 resistance level.
- Throughout mid-2023, Bitcoin’s value hovered around $30,000, nearly reaching $32,000 due to positive market sentiments and potential ETF approvals.
- Bitcoin experienced a significant price drop in mid-August 2023, falling to $25,000. However, its prices remained volatile, fluctuating between $26,000 and $29,500 in October.
- Bitcoin closed 2023 above $42,000, a 155% increase from the year’s start.
- In early 2024, Bitcoin rose above $45,000 on ETF anticipation but briefly dipped below $40,000 after approvals. It broke its 2021 all-time high in March, reaching $73,750.07 on March 14, before dropping below $60,000 in April. May saw another surge above $70,000, while June and July brought heavy fluctuations between $70K and $55K.
- Bitcoin rallied to $66K in September after a Fed rate cut, climbed to $70K in October’s Uptober rally, and surged toward $108K following Donald Trump’s victory in the November US elections. BTC ended 2024 consolidating below $95K.
- At the start of January 2025, BTC is trading between $92,788.13 and $95,824.39.
In 2024, Bitcoin casino emerged as a modern and innovative platform for gaming enthusiasts, offering the benefits of anonymity, security, and fast transactions.
