Key takeaways:
- Bitcoin price faces volatility around $120K.
- 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.
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’s on-chain activities surge, questions arise, such as: “Does Bitcoin have the potential to hold 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 | $119,000 (+4%) |
| Market cap | $2.11 Trillion |
| Trading volume (24-hour) | $42.13 Billion (+18.9%) |
| Circulating supply | 19.87 Million BTC |
| All-time high | $111,970; May 22, 2025 |
| All-time low | $0.04865; Jul 15, 2010 |
| 24-hour high | $119,376 |
| 24-hour low | $117,000 |
Bitcoin price prediction: Technical analysis
| Metric | Value |
| Current Price | $119,000 |
| Price Prediction | $ 128,009 (10.76%) |
| Fear & Greed Index | 64 (Greed) |
| Sentiment | Bullish |
| Volatility | 1.77% |
| Green Days | 17/30 (57%) |
| 50-Day SMA | $ 106,055 |
| 200-Day SMA | $ 87,760 |
| 14-Day RSI | 54.56 |
Bitcoin price analysis
TL;DR Breakdown:
- BTC price analysis shows that Bitcoin triggered bullish pressure toward $120K.
- Resistance for BTC is at $119,842
- Support for BTC/USD is at $116,412
The BTC price analysis for 13 July confirms that BTC faces a surge in volatility as the price surged toward $120K. The price is now making a strong comeback above EMA trend lines.
BTC price analysis 1-day chart: Bitcoin faces bullish volatility above $118K
Analyzing the daily Bitcoin price chart, we see that Bitcoin faced strong bullish pressure as it surged above $118K. Currently, buyers are triggering significant domination, resulting in a surge above immediate Fib levels toward $120K. The 24-hour volume has dropped to $978 million, showing a decline in trading interest today. BTC is trading at $119,000, surging by over 4% in the last 24 hours.
The RSI-14 trend line has surged from its previous level and trades around the overbought region at 74, hinting that a bearish correction is on the edge. The SMA-14 level suggests volatility in the next few hours.
BTC/USD 4-hour price chart: Bearish domination rises around EMA trend lines
The 4-hour Bitcoin price chart suggests that bulls are strengthening their position to hold the price above the EMA trend lines. However, sellers are aiming for a trend continuation below $118K.
The BoP indicator trades in a positive region at 0.47, showing that short-term buyers are taking a chance to accelerate an upward trend.
However, the MACD trend line has formed red candles below the signal line, and the indicator aims for negative momentum, strengthening short-position holders’ confidence.
Bitcoin technical indicators: Levels and action
Daily simple moving average (SMA)
| Period | Value | Action |
| SMA 3 | $ 98,932 | BUY |
| SMA 5 | $ 103,614 | BUY |
| SMA 10 | $ 103,974 | BUY |
| SMA 21 | $ 105,042 | BUY |
| SMA 50 | $ 106,055 | BUY |
| SMA 100 | $ 97,560 | BUY |
| SMA 200 | $ 87,760 | BUY |
Daily exponential moving average (EMA)
| Period | Value | Action |
| EMA 3 | $ 105,503 | BUY |
| EMA 5 | $ 103,787 | BUY |
| EMA 10 | $ 98,961 | BUY |
| EMA 21 | $ 93,313 | BUY |
| EMA 50 | $ 90,453 | BUY |
| EMA 100 | $ 90,298 | BUY |
| EMA 200 | $ 86,428 | 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 $119,842, it will fuel a bullish rally to $122,349.
If bulls fail to initiate a surge, the BTC price may drop below the immediate support line at $116,412, beginning a bearish trend to $112,323.
Is Bitcoin a good investment?
The rising institutional demand for Bitcoin etfs makes it a good investment option in the crypto market. However, Bitcoin has a short investment history filled with very volatile market value. Whether it is a good investment depends on your financial profile, investment portfolio, risk tolerance, and investment goals. It is suggested to conduct investment advice of the financial markets and understand the financial system risks.
Why is Bitcoin up today?
Bitcoin faced a surge in bullish pressure as buyers accumulated heavily around recent lows. This pushed the BTC price toward $120K.
Will the BTC price reach $100K?
Bitcoin price broke its much-anticipated mark of $100K, aiming for a new ATH. The price currently prepares to maintain its buying demand above $110K.
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
Bitcoin ETF volume is on a rising trend, recording $102.14 million in daily total net inflows on June 30, marking day 15 of a gigantic inflow streak that now totals $4.73 billion. It also marks the third consecutive month of total net inflows totaling $12.8 billion since April.
Bitcoin price prediction July 2025
Bitcoin’s price jumped to $109,000, making Q2 its best quarter since 2020. In the second quarter of 2025 alone, it went up by 31%, showing strong market activity and growing investor trust. This rise is partly because, in the past, Bitcoin has often grown a lot after its “halving” events. Analysts think the current market is following the same pattern, which could mean we’ll see a peak around September 2025.
Bitcoin’s price might attempt to maintain an average price of $105,000 and be pushed further, at least $113,000 if strong downward pressures are not seen. However, we might see a rejection on the bearish side, leading to a consolidation at around $101,000.
| Bitcoin Price Prediction | Potential Low | Potential Average | Potential High |
| Bitcoin Price Prediction July 2025 | $101,000 | $105,000 | $113,000 |
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.
Spot Bitcoin ETFs are projected to be a key driver of Bitcoin prices and the broader cryptocurrency market in 2025. As a result, Bitcoin’s trajectory might follow a bullish trend ahead with rising treasury term premium.
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 at the highest and the low could be around $68,000.
| Bitcoin Price Prediction | Potential Low | Potential Average | Potential High |
| Bitcoin Price Prediction 2025 | $68,000 | $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 flows might hold BTC prices within a bullish region. The digital assets market sentiment shows bullish signals for Bitcoin hit new highs. As the overall sentiment gives a bullish outlook, one should research more about Bitcoin before investing.
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 ETF approval (Bitcoin exchange traded funds).
Cryptopolitan’s Bitcoin (BTC) Price Prediction
A surge in bitcoin adoption and the expansion of the Bitcoin ecosystem might end the controversy of “Bitcoin bubble” in future. This might boost the Bitcoin cost and strengthen the Bitcoin network. 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 of $160,000, with a minimum price of $68,000 and an average price of $120,000.
However, Bitcoin’s future market potential entirely depends on its buying demand, regulation, and investor sentiment regarding long-term holdings. Crypto analysts provide a positive sentiment as macroeconomic trends turn promising.
We expect Bitcoin price to surpass 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 was trading between $92,788.13 and $95,824.39. However, it formed an ATH at $109,114 on January 20.
- In the weeks of February, the price of BTC dropped heavily as it dropped toward the $78K low.
- In March, the price of Bitcoin declined heavily and dropped toward a low of $76.6K. In April, the price of Bitcoin started recovering. By the end of April, it neared the critical $95K zone.
- In May, Bitcoin price skyrocketed and it formed a new ATH at $111,970. However, the price declined later, toward $104K.
- By the end of June, BTC price reclaimed the $108K level.
