The opinion of respected crypto experts and technical-based analysis combined predict that the long-term forecast of Bitcoin has the potential to reach anywhere between $126,000 to over $146,000 between now and the year 2025. To avoid missing out on potential upcoming price surges in the cryptocurrency market, check out our easy-to-follow article on how to buy Bitcoin.


– Hal Finney

News about Bitcoin

Whether you’re a newcomer to crypto or a seasoned investor, the chances are that you’ve certainly heard of Bitcoin in the market news. The original digital currency that paved the way for thousands of altcoins and has developed into a powerhouse that has taken the world by storm and saw previously unseen returns on investment for early investors who decided to buy Bitcoin and held on long enough.

When compared to the traditional investment industry, there are very few who can even come close to the incredible gains Bitcoin has made for investors who were patient enough to hold on and ride the wave. This led to many becoming curious about BTC leading to demand an accurate Bitcoin price prediction.

Demand for a Bitcoin forecast only increased when BTC surged to an all-time high of $65,000 on the markets this year, these prices left many wondering if they had missed the boat and whether investing now was a good idea. I was one of those people until the point I began to use a range of factors to research the future price of BTC such as the following:

  • How the price history of BTC can help us find a fairly accurate Bitcoin prediction.
  • Prediction strategies through expert analysis and technical indicators.
  • How the latest legislation, new investors, and financial institutions can affect the average price of the world’s largest cryptocurrency.

By analyzing all of these factors, I was able to find out that there’s never a bad time to invest in Bitcoin. The finite supply of this innovative cryptocurrency is shrinking rapidly, so it’s important to get on board whilst you still can at the current prices. For example, statistics from the leading trading platform of eToro tell us that sales of Bitcoin have skyrocketed in the past few months. 

But what does the future hold for Bitcoin traders who get on board early enough? Will it be good news and will Bitcoin rally strongly once again? Our BTC price prediction aims to answer all. But first, let’s start with just what Bitcoin actually is and how it works before you make any investment decisions.

What is Bitcoin?

What is Bitcoin?

In the aftermath of the 2008 economic crisis, came Bitcoin. It was created by a mysterious and unidentified person or persons named Satoshi Nakamoto. The aim of Bitcoin was to break the long-established system of control over the flow of money that is held by central governments and the banking system. Bitcoin provided a chance to put financial control into the hands of its users.

Bitcoin was able to achieve this due to its characteristic decentralized nature. As a peer-to-peer network, no capital banking system, governments, or other third parties were required when it came to confirming or monitoring transactions. But who does?

Instead of conventional monitors in the forms of central governments and banks, Bitcoin payments are confirmed by miners who verify blocks and add them to the blockchain. As an incentive and to keep the Bitcoin network expanding, these miners are rewarded with Bitcoin for each transaction they verify. 

Bitcoin has been labeled as digital gold over the years. This is due to its finite supply that’s capped at 21 million, making it a scarce asset similar to gold. Another contributing factor to the scarcity of Bitcoin is known as halving which takes place every four years.

The halving process sees the BTC reward issued to miners halved. As the years go on, these miners receive a reduced reward for each successfully verified transaction. Combined with the finite supply of Bitcoin, halving contributes to the scarcity of BTC and makes it a store of value and safe haven even during an economic crisis.

From its revolutionary financial abilities to its immensely limited scarcity, the Bitcoin price potential is expected to be significantly large over the coming years. Particularly after the next Bitcoin halving that will take place in 2024. 

Pros and cons of Bitcoin

Like any cryptocurrency, Bitcoin has its fair share of incredible pros and limiting cons. We always aim for transparency in our articles. So in this section, we’re going to cover some of the most important pros and cons of BTC before we get into the Bitcoin price prediction.

✔️ The BTC price has the potential to provide enormous returns on investment.❌ It’s unregulated and unbacked.
✔️ The ability to carry out international transactions anywhere in the world.
✔️ High levels of diversification and liquidity

Bitcoin FAQ

Do you still have questions about Bitcoin? Rest assured, before we get into the price prediction, next we’ll cover some frequently asked questions about BTC to give you a better understanding of the original digital asset and its price potential.

What is Bitcoin used for?

Just like conventional fiat currency, Bitcoin is used for buying, selling, and a wide range of purposes. However, unlike fiat currency, Bitcoin can be used as a means of accepting payments and facilitating commerce that is out of the reach of central governments or banking systems. In addition, it provides a great store of wealth that is highly difficult to confiscate.

How does Bitcoin gain value?

Like all cryptocurrencies that came after it, the value of Bitcoin is largely driven by speculation in its current state. As more people discover the wide range of its uses, its value grows. Due to its numerous advantages over fiat currency and precious metals, support for Bitcoin is only expected to grow as cryptocurrencies become a more widely accepted alternative to fiat currencies. When it does, the value of Bitcoin will likely grow in sync.

Can Bitcoin reach $1,000,000?

Since its initial development, Bitcoin has grown to manage millions of transactions a month and has expanded its number of investors enormously, demonstrating the ability to scale as a digital asset. In recent years, the price surges of Bitcoin have continued to amaze This has led many to seek an accurate Bitcoin price prediction to find out whether this digital currency can ever reach $1,000,000 per BTC.

Overall, due to its scarcity and the impending halving process alone, there are many experts who have provided a Bitcoin price prediction that strongly believes the Bitcoin price has the potential to reach $1,000,000 per coin. Whilst impossible to guarantee, the price history of Bitcoin has shown us that anything is possible but a range of factors, like the recent China ban on crypto, can negatively affect the price.

Where do people buy, sell, and trade Bitcoin?

You can buy, sell, and trade Bitcoin and other asset classes with an account on various crypto broker platforms or crypto exchanges. If you are a new investor, then we suggest using eToro. It’s safe, regulated, and beginner-friendly. The eToro interface is very simple to use, and it has an array of trading tools to allow you to trade safely.

Bitcoin Price History

Bitcoin Price History

In our various cryptocurrency price predictions, we’ve covered the price data of everything from Ethereum to various altcoins. Price data is vital to gaining an insight into the price and capital risk involved. But it is worth to note that when it comes to Bitcoin, there is no coin that comes close to the wild ride of the original digital asset’s price history. 

In 2008, the Bitcoin Core client code was released to the world. At the time, this digital asset was worth less than one cent. Five years later in 2013, it started rising past $1,000. Whilst devastating on a psychological level for people who had chosen the sell-off their Bitcoins prior, like the guy who bought two pizzas for 10,000 BTC in 2010, Bitcoin had now begun its journey to becoming a serious financial asset with long-term potential.

Bitcoin’s price journey was just getting started. Whilst still undiscovered by large sections of mainstream society and portrayed in a negative light by the press, it would soon be impossible to ignore. In 2017, BTC surged to $20,000. Spurred on by gains previously unseen by any asset, major investors around the world began buying into BTC. 


– Jesse Powell, the leader of crypto exchange Kraken.

But in 2018, the price volatility of Bitcoin was laid bare when the price plummeted by 80% to a bottom of $3,000. Many assumed the ride was over and sold out. But those who were smart either began to HODL or opened long positions on Bitcoin whilst it sat at the bottom of a bear market.

Bitcoin began to break out of the bear market in early 2019. The price of BTC began to rally to between $10,000 and $14,000 before dropping back down to $6,500 the next month. In early 2020, Bitcoin was hit by the effect of the Black Thursday crash and dropped down to $4,000. However, the devastating impact of the Covid-19 pandemic resulted in a positive impact on Bitcoin.

The subsequent lockdowns saw many people stuck at home with equal numbers out of work. With an incentive to make smart investments, many began looking at cryptocurrency. The introduction of stimulus cheques in the United States and similar schemes by other western countries inflated fiat currency and gave many people surplus cash to invest.

As a result, 2021 saw the digital asset rally to its highest price ever with Bitcoin crossing the $65,000 mark. This made people rich beyond their wildest dreams, particularly the early investors who held on for long enough. Combined with the announcement of the support of institutional investors like Elon Musk, the price history of Bitcoin is a wild ride that demonstrates just how volatile this digital currency is.

Curious about how high or low the price of Bitcoin can go in the next few years? Me too! Let’s look at what the experts have to say.

Expert analysis of the Bitcoin price potential

Expert analysis of the Bitcoin price potential

One of the best tools we can use to try and determine the potential price of Bitcoin is to analyze the opinions of various crypto experts. Let’s delve into four estimated growth outlooks for various industry experts and analysts.


Coinpedia is bullish on BTC. In the short term, it believes that the original digital asset has the potential to hit $64,339 by the end of 2021 and skyrocket to $200,086 by 2025. This figure is based on BTC maintaining the same number of growing investors it currently has. However, they also believe that energy-efficient controversies could affect this figure and result in BTC ending 2025 at $124,763 instead.


The analysts at WalletInvestor use an algorithm-based forecast in an attempt to predict the price of cryptocurrencies. When it comes to Bitcoin, they are overwhelmingly bullish. WalletInvestor predicts that the price of BTC could rise to $69,759.00 by the end of 2021, and see a potential return on investments as high as +376.89% sometime within the next five years.


DigitalCoinPrice has another bullish outlook for Bitcoin, albeit slightly less so than WalletInvestor. DigitalCoinPrice predicts BTC to reach $62,261.42 by the end of 2021, $80,743.53 by the end of 2023, and finally, a figure of $122,025.96 by 2025.


Another bullish expert prediction on Bitcoin is LongForecast. They predict a high of $63,887 for BTC in 2021. In the following three years, they expect the price of Bitcoin to rise to a high of $146,708 by the year 2025.

So from $65,000 over the short term to up to $146,000 over the long term, the overall Bitcoin forecast predictions on the BTC price is overwhelmingly bullish. Provided BTC grows its position in the world of finance and expands its range of partners, analysts believe it could see serious ROI. But what does the technical forecast tell us about the BTC price potential?

Technical analysis of the Bitcoin price prediction

Technical analysis of the Bitcoin price prediction

Now we move onto a technical forecast to try and predict the future price of Bitcoin. This section will utilize powerful tools like the Japanese candlestick, chart patterns, and trading indicators. As well as giving traders the upper hand in day trading, they can enable us to discover long-term price predictions based on pure technicals when we assess longer time frames.

Bitcoin Price Prediction 2021 – 2022

Since the beginning of 2021, the price of Bitcoin skyrocketed by 123% from $29,048 to $65,000 before dropping. Currently, the price of Bitcoin is sitting around $40,300. It’s predicted that the BTC price will rise by 36% in the second half of 2021 and it’s then expected to close the year at $55,027, which is a year-to-year change of +89%.

Bitcoin Price Prediction 2022 – 2023

It’s predicted that the price of Bitcoin will rise to $71,535 per coin in the first half of 2022, it’s then expected to gain over $16,000 and close the year at $87,630, which is a +117% gain on the current price.

Bitcoin Price Prediction 2023 – 2024

After starting 2023 at $87,630, BTC is predicted to rise past the 100k mark at $103,153 halfway through the year before ending at $118,626 at an overall annual increase of 194% from the current price.

Bitcoin Price Prediction 2024 – 2025

After starting 2024 at $118,626, Bitcoin is predicted to rise to $125,459 halfway through the year. The second half of 2024 is thought to be slower than previous years and see the price of BTC end the year at a higher price than the first half of 2024 at $126,516. That’s an overall annual increase of 213% on the current price.

The digital currency of bitcoin price prediction conclusion

In conclusion, Bitcoin is the leader of all cryptocurrencies. Its scarce nature and regular halving have led to it being deemed as digital gold. Whilst many people who have witnessed the price surges from the sidelines may feel that they have missed out, the price history of Bitcoin has shown us that it’s never too late to invest in BTC.

Every year brings highs and lows for the original digital coin, but the highs have a lasting effect and all contribute to future bull runs. Bitcoin is increasingly being adopted by major industries, companies, and, in the recent case of El Salvador, countries themselves.

There is also a level of risk involved with BTC, like all cryptocurrencies. The price can move drastically due to various external factors ranging from a simple television interview to a crypto ban as we saw in China recently.

For those investors who hold on to Bitcoin for the long term, the rewards have the potential to prove very fruitful indeed. But where is the best place to get on board the Bitcoin train and start investing? The answer lies in a reputable and well-established trading exchange with access to vital trading tools.

Where is the best place to buy Bitcoin?

Bitcoin is available to buy and trade on eToro alongside 18 other cryptocurrencies. This is one of the most well-established, highly regulated, and secure crypto brokers that have the potential to revolutionize your crypto trading. 

What’s more, is that eToro allows you to access their incredible array of trading tools such as the Stop Loss, Take Profit, and built-in charting software that all let you maximize your potential profits whilst ensuring safe trading practices that protect your hard-earned funds.

As well as a range of payment options from Paypal to debit cards, eToro offers Leverage Trading on Bitcoin. This allows you to multiply small amounts that you can afford to become large powerful positions that drive massive profits.

Overall, the financial situation, risk tolerance, and trading strategy of each person vary. One must note that Bitcoin is inherently volatile and the price can rise or drop at a moment’s notice, this brings advantages as it does risks. Both of which are important to understand and weigh against your own investment goals and needs. Only put in money you can afford to lose and balance out the risky nature of crypto investment by building a diversified portfolio.

Related price prediction articles

Disclaimer – It’s important to note that this article is for informational purposes only and is not investment advice. The trading of Bitcoin and other alternative cryptocurrencies has potential rewards, and it also has potential risks involved. Price predictions are not guaranteed to come true and trading may not be suitable for all people. Anyone wishing to start trading should do their own research and seek his or her own independent financial or professional advice and only invest the amount of capital that they can afford to lose on the crypto markets.

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