For years naysayers have been predicting the crash of cryptocurrency, but, the industry is still going strong. Although some of the top coins have fallen from their all-time highs, the industry, in general, has generous gains to boast about. If you are looking towards dipping your toes in the crypto market, take a look at our 10-year predictions before you get started.
What is Bitcoin
Bitcoin is a form of digital currency that is generally used online. It is the original cryptocurrency that exists only online and is powered by blockchain technology. This decentralized digital currency is exchanged and verified through the Bitcoin network. It is completely secure and anonymous.
Bitcoin Recent Updates and Price Changes
Bitcoin remains the top ranked crypto in the market. The currency dropped by 22% in the last three months, but has since begun to rally. Although there was a small dip, a single Bitcoin is still sitting at just under $17k. While dips and surges are normal, the percentage is so minute as to be negligible.
Bitcoin Price Prediction for 2023- 2026
Winter in the crypto industry is always hard, but Bitcoin is soldering on. For 2023 the expected minimum is $36,453.19 as the market starts to rebound. Going into 2024, Bitcoin will start to ease its way back up topping off at a max price of just under $62,964.59. Don’t let the previous year discourage you because 2025 is set to offer impressive growth thanks to the widespread acceptance of crypto payments in the retail sector. The middle range of pricing for Bitcoin in 2025 will average out to $74,563.34. Going into 2026 the market will keep growing with the maximum price of Bitcoin hitting $96,103.86, or it may settle at the low of $86,162.08 if the market turns bullish.
Bitcoin Price Prediction for 2027- 2029
Regulation is on the horizon and is set to come into effect in 2027. Cryptocurrency is here for good and Bitcoin prices will reflect that. Minimum prices will start at $102,731.71 while prices in 2028 will have a max of $129,243.12. 2028 is predicted to be a bull year which will lead to a rally of Bitcoin prices in 2029. An average price of $140,841.86can generously be expected. However, if the market falters, the minimum may sink as low as $135,870.97 in 2029.
Bitcoin Price Prediction for 2030- 2033
At the turn of the decade, the crypto market will be in a better place than ever. What that means for Bitcoin is that it will have reached a milestone ATH. Starting at the turn of the decade the predicted minimum price will be $152,440.60. As is typical at the turn of a decade, 2031 will see a slight slowdown with the minimum price placed at $162,382.38, but it will bounce back to an average of $186.452 in 2032. Now that we have come to the 10-year point in 2033, expect generous gains with a maximum of close to $203,183.
Can You Still Make Money With Bitcoin?
Entering the market as a new Bitcoin investor is going to be rather difficult if your only goal is massive gains. With the general age of the coin and the current market price, mainly established investors will be woo’d. If you have existing ETH or a lot of extra money to invest, a moderate buy is recommended.
Disclaimer: The crypto-currency market suffers from high volatility and occasional arbitrary movements. The information listed here is not financial or investing advice. Readers should research various viewpoints and check local regulations before committing to an investment. Nothing written above is to be considered as trading or investment recommendations.