btc price prediction
Name of the ProjectBitcoin
Total Supply19,231,587
LaunchedJanuary 2009
All Time High$68,789.63
Market dominance38.69%
Market rank1

In order to make a valid Bitcoin forecast (BTC), we have examined Bitcoin facts and figures in this article. In 2022, there were over 180 million bitcoin wallets and the number of daily transactions has surpassed 400,000 in Jan 2021. Over 18,000 businesses take cryptocurrency as payment.

In November 2021, Bitcoin reached an all-time high of $68,000. Bitcoin is currently worth around $20,300. This represents a significant decrease. It is not uncommon for the price of a cryptocurrency to plummet after reaching an all-time high, only to rise again and surpass the previous all-time high. This occurred in December 2017, when bitcoin reached an all-time high of above $19000. Then it crashed, ushering in the crypto winter. When strong bull markets are followed by a long bear market, this is what happens in crypto markets.

Current Bitcoin Sentiment in September 2023

The current sentiment towards Bitcoin on Twitter and around the internet appears to be leaning towards fear, but it’s not extreme. According to the Bitcoin Fear and Greed Index, the sentiment value is 46, up from 45 the day before​1​. This index indicates that sentiment is moving away from extreme fear towards neutrality, a change from last week and last month when the sentiment was neutral with values of 53 and 50 respectively​1​​2​.

Please note that sentiment can change rapidly, especially in the world of cryptocurrency. Therefore, these values should be considered as a snapshot of the current moment and not as a prediction of future sentiment.

Current Bitcoin Forecast

The current price of Bitcoin is approximately $26,135.10 USD​1​. In terms of price movement in 2023, the 24-hour low was $25,720.31, and the 24-hour high was $26,405.91. The price was at $26,165.41 at the beginning of the 24-hour period, and the change over this period was -$249.85. Over the past 52 weeks, the low was $15,480, and the high was $31,019.77. The all-time high was $68,990.90. The year-to-date return for 2023 so far has been 56.84%​2​.

Top Recommended Platforms







Cryptocurrency assets are volatile in nature. Buy and trade at your own risk.







73% of retail investor accounts lose money trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.







Trading with financial instruments carries high level of risks that is not suitable for all investors. Before making any investment decisions, you should seek advice from independent financial advisor to ensure you understand the risks involved.







Trading with financial instruments carries high level of risks that is not suitable for all investors. Before making any investment decisions, you should seek advice from independent financial advisor to ensure you understand the risks involved.

Bitcoin crashed to USD 20,000 after the Luna crash and the liquidity issues of Three Arrow Capitel, and BlockFi. The Fed’s interest-rate policy is causing the global market to tremble once more. Bitcoin has since dropped further to the current price of $16,993.34 since the collapse of the major cryptocurrency exchange FTX.

The future movement of bitcoin prices is difficult to forecast. There are too many divergent opinions or forecasts from experts and market participants.

In our Bitcoin forecast, we show you how Bitcoin prices may change in the future.

Current Bitcoin Price Development and Market Dynamics

The current price of Bitcoin is approximately $26,135 USD, and it has fluctuated between $25,720.31 and $26,405.91 in the last 24 hours​1​​2​.

Bitcoin prices have been affected by various factors in recent months. Regulatory pressures have intensified globally, and in the US, there have been crackdowns from the Securities and Exchange Commission (SEC) and the Department of Justice (DOJ). This has led to some volatility, with Bitcoin prices falling below $28,000 in May, stabilizing later in the month, and finishing above $27,040​3​.

In terms of market sentiment, the Bitcoin Fear and Greed Index (BFGI), which reflects investor sentiment, has recently returned to ‘neutral’ after being in ‘fear’ territory since mid-May. As of July 30, the index stood at 53, which was double the average of the previous week​4​. As of now, the BFGI is at 46, suggesting that the market is still in a state of ‘fear’, albeit less so than in recent weeks​5​.

This information presents a broad picture of the current Bitcoin market dynamics. However, please note that the landscape can change quickly due to many factors, including regulatory decisions, macroeconomic events, and shifts in investor sentiment. It’s also worth mentioning that my training data only goes up until September 2021, so I recommend consulting with a financial advisor or doing additional research to fully understand the current situation.

What are the factors that influence the Bitcoin price prediction?

Many internal factors influence the Bitcoin (BTC) price, but also external ones.

There are many market factors that can cause BTC’s value to rise or fall, in addition to internal factors like announcements about updates, halving, and network security.

External changes can be regulations or bans. This was most evident recently with China’s imposing severe restrictions on cryptocurrency.

The supply/demand ratio is also affected by public acceptance and sentiment. Bitcoin’s value will increase if more people and companies believe in it.

Our BTC forecast also includes the growing competition on the most well-known and oldest cryptocurrency. Other cryptos like Polkadot, Solana, and Ethereum can be used in many other areas, but this can also change the investment ratio for altcoins.

Bitcoin price forecast to the end of 2023

We will use data from various services to provide you with a range possible bitcoin prices by the end 2023.

Walletinvestor: The bitcoin price is predicted to be between $12,301.29 and $22,655.31 by the end of 2023

CoinPriceForecast: It is estimated that the Bitcoin Price at the end of 2023 will be $18,353.

Gov.Capital: It is estimated that the average price BTC at the end 2022 will be approximately $28,059.

It seems that there is consensus that bitcoin’s price will increase again next year. Prediction algorithms range from $18000 to $28,000.

Medium-term Bitcoin forecast – 2025

We believe that Bitcoin (BTC), will continue to mature and increase in value, usability, and security over the next few decades.

Experts worldwide have estimated that the average BTC price will be between $50,000 and $100,000 by 2025. We consider this a valid estimate. The next Bitcoin halving will take place in 2024. This could lead to a shortage of bitcoin and therefore cause an increase in the price.

This value is not fixed and may change depending on market conditions worldwide.

Bitcoin Forecast 2025

Long-term Bitcoin forecast – 2030

It is likely that Bitcoin (BTC), will become a market-place digital currency. The Taproot upgrade, and the second layer Lightning network may also be technological developments that could help Bitcoin scale.

Additionally, NFTs and play-to-earn are seeing strong growth. Bitcoin will continue to grow in virtual spaces such as the Metaverse.

Ark Invest recently calculated a BTC value in USD 1m for 2030. Experts even believe it to be over USD 5m.

This assessment is a bit optimistic for our Bitcoin forecast. However, we would love to see it rise by 2030.

Additional Bitcoin price predictions for 2030

What Famous People Say about Bitcoin Price:

Steve Wozniak – Apple cofounder Steve Wozniak has said he expects the bitcoin price to eventually hit $100,000, calling the interest in crypto “so high.” “I think bitcoin is going to go to $100,000,” Wozniak said while speaking on the Wild Ride with Steve-O.

In march 2022 Elon Musk said ““I still own & won’t sell my Bitcoin, Ethereum or Doge fwiw.” This is after the prices of crypto were plummeting. Having bought $1.5billion worth of crypto in 2021. In July Tesla offloaded 75% of its bitcoin. Tesla is a public company so all the decisions are not just up to Elon Musk, unlike normal retail investors they may not be able to HODL and risk losing large sums of money.

Some people were upset Elon Musk went against his word and may have influenced people to buy crypto, his response was “I have never said that people should invest in crypto. In the case of Tesla, SpaceX, myself, we all did buy some Bitcoin, but it’s a small percentage of our total cash assets.”

“I really like Bitcoin. I own Bitcoins. It’s a store of value, a distributed ledger. It’s a great place to put assets, especially in places like Argentina with 40 percent inflation, where $1 today is worth 60 cents in a year, and a government’s currency does not hold value. It’s also a good investment vehicle if you have an appetite for risk. But it won’t be a currency until volatility slows down.” – David Marcus (Former President of Paypal)

How to invest in Bitcoin

First of all to invest or buy Bitcoin you need to find a reputable cryptocurrency exchange, open an account, fund the account with fiat currency then purchase bitcoin.

Here are 3 of our recommended platforms to buy bitcoin:

BinanceBinance has a global presence and supports over 80 cryptocurrencies. They also support margin and futures trading. With the inception of DeFi, Binance now supports staking in addition to charging lower fees.
CoinbaseCoinbase supports over 50 cryptocurrencies you can start trading right away. They have also launched DeFi services and now offer staking to their users. They are licensed to operate in the U.S., making them an obvious choice for traders in this location.
eToroWhen it comes to supported cryptocurrencies, eToro trails the likes of Binance and Coinbase as they only support a handful of digital assets. The best thing about eToro is that it is not only a trusted crypto exchange but its an investment platform where you can trade stocks, CFDs and ETFs.

Open a Binance account now and start investing in cryptocurrencies as well as other assets classes.

Trading Bitcoin Using bots:

Don’t miss out on great buying and selling opportunities while you sleep. With the help of crypto bots, you can trade without emotion and make profitable trades 24/7.

Crypto Bots integrate via APIs to your chosen exchange and change on your behalf using the trading strategies that you choose or set up.

Top 3 Bitcoin trading bots on the crypto market:

3Commas – Connects to 13 of the top exchanges including Binance, Kraken and Kucoin. Has a free plan so you can test it out before trading with larger amounts of money.

Coinrule – Allows you to create custom rules or use templates. Supports 10 plus exchanges including Binance and Coinbase Pro.

Cryptohero – Can manage multiple accounts. Supports all the major Bitcoin exchanges such as Binace, Kucoin and Coinbase Pro. Can run up to 30 bots on the pro plan.

Here’s a quick overview of Bitcoin – When was it created and why?

In January 2009, Bitcoin (BTC) launched its Genesis Block. The open-source project was founded by Satoshi Nakamoto, an unknown group or individual.

The goal of Bitcoin is to allow users to store and transfer money to other people without relying on centralized third parties such as financial institutions or governments. Individuals should be in complete control of their assets.

Bitcoin, which debuted in 2009, has gotten a lot of attention. Its ability to compete with VISA and other global payment options has been lauded.

The first setback occurred after bitcoin’s value had risen almost continuously for the previous five years. The network’s limited capacity gradually became apparent as a problem.

Since then, scalability has been a hot topic. During the bull run, transaction fees skyrocketed, making Bitcoin less appealing. Fees as high as $40 USD made smaller transactions unprofitable, particularly in micropayments.

Bitcoin solved the Segregated Witness problem (SegWit). The SegWit network upgrade went into effect on August 23, 2017. This upgrade significantly increased the capacity of the Bitcoin blockchain and elevated it above other high-throughput blockchain technologies.

In addition, Bitcoin was the first blockchain to employ the Lightning network for second-level scaling. The Lightning network is frequently regarded as the second half of the solution to Bitcoin’s scaling issues, which were first addressed by SegWit.

Bitcoin fundamental development and other factors that impact the price

We want to assess which fundamental factors positively affect the Bitcoin price before we get into current Bitcoin forecasts.

These qualitative factors cannot be quantified in numbers. These factors are also distinct from chart-technical variables, which are more relevant to short-term periods.

Instead of being used to forecast the bitcoin price in the medium to long term, our qualitative factors should be understood.


The most important factor in Bitcoin’s success is its adaptation as an underlying asset, as well as BTC itself – primarily as a store of value.

Bitcoin has had many successes over the years that have had an impact on the overall situation. Particularly, the Bitcoin network has seen tremendous growth in recent years.

Metcalfe’s Law, which is used for valuing networks, states that the squared user base is the measure of network value.

The example of Bitcoin illustrates the network effect

A strong growing network leads to a significant increase in value which favors existing network participants.

While there is an increase in Bitcoin investors, it’s mainly the companies that drive infrastructural developments that play a part. Here are the best crypto exchanges such as Coinbase and companies that create their own products using the network.

We want to highlight the importance of companies like Square and PayPal, which accept Bitcoin as a payment method. You can also buy Bitcoins using PayPal. The positive adaptation of the technology was also made possible by Tesla, which accepted Bitcoin to pay for vehicles and services. This option is currently suspended by the electric car manufacturer.

Institutional and private market demand

The demand for Bitcoin is another factor that directly impacts adaptation. Bitcoin is a rare resource. There can only be 21 million BTC. In other words, rising prices are inevitable when there is a greater demand for this scarce resource.

The private demand has significantly influenced the Bitcoin price since its inception in 2009. But, there is a paradigm shift. Bitcoin is being bought by more institutional investors. Some examples include Grayscale, MicroStrategy and Square, as well as MassMutal.

Institutional analysts are now accepting Bitcoin as an investment vehicle. As a result, there will be more scarcity. This is due to the fact that these investments are made at the corporate level with a long-term outlook.


Regulation is also a significant contributor to the creation of value. This fact is often exaggerated because large networks such as Bitcoin make regulation difficult due to their decentralised nature. A complete ban is also possible.

However, unanticipatedly strict regulation could also have a negative effect on the bitcoin price growth.

Here is the recent example from Turkey, which wanted to ban Bitcoin in order to maintain stability of its Turkish lira. Investors will find it harder to invest in an asset if it is banned. This is a chance for other countries to be more open.

However, there has been a lot of progress in regulation over the past few years. The legal position for Bitcoin investors in Germany, for example, is very clear. Clear case law is also available in important countries, such as the USA.

Bitcoin Price FAQ

Bitcoin Price Forecast: Conclusion

From November 2021 to December 2022, the bitcoin price dropped from $68,000 to around $16,993.34. This is however the normal cycle in crypto markets. Bull markets that drive the first crypto to new heights, followed by bear markets that wipe out up to 80% of the currencies value. We know from history that Bitcoin rises after bear markets. This is why we shouldn’t be surprised. Experts believe that bitcoin will continue to grow and recover. Many experts believe that bitcoin will recover and grow to a value of over $100,000. By 2030, some even predict that the first cryptocurrency could be worth more than $200,000. Bear markets are a great time to be in on the action, while there’s still blood on the streets. This could be an opportunity to earn 3X or more in returns. Even if bitcoin prices increase to their previous highs, you can still get 3X your investment. The history of crypto shows that the first cryptocurrency Bitcoin always recovers and surpasses its all-time high after a major drop in price during a bear market.

Other Price Predictions

Bitcoin forecastEthereum forecastChainlink forecastUniswap forecast
Dogecoin forecastAave forecastAlgorand forecastPolygon forcast
Cardano forecastDecentraland forecastShiba Inu forecastEnjin Coin forecast
Maker forecastDash forecastLitecoin forecastSolana forecast
Monero forecastPolkadot forecastArbitrum forecastFilecoin forecast