How do bitcoin cycles work?
The most well-known of these cycles is the four-year cycle, which is believed to be driven by a combination of supply and demand factors, as well as market sentiment. The four-year cycle of Bitcoin refers to the pattern of the cryptocurrency's price movements over a period of approximately four years.
This would mean the end of crypto's typical four year bull/bear cycle, seemingly tied to the bitcoin halving, and instead suggest a trajectory of relatively stable upward growth, with ETF inflows emerging as the primary catalyst for crypto adoption.
The Bitcoin Halving is when Bitcoin's mining reward is split in half. It takes the blockchain network about four years to open 210,000 more blocks, a standard set by the blockchain's creators to continuously reduce the rate at which the cryptocurrency is introduced. The first reward was 50 bitcoin.
From halving to all-time high it's been about 535 days (525 and 548).
Bitcoin (BTC) is expected to reach a new record of $88,000 (€82,000) throughout the year, before it settles around $77,000 at the end of 2024, according to a new report. The cryptocurrency's current price sits at around $43,000.
Fidelity Predicts: $1B per 1 BTC by 2038 — 2040
Jurrien Timmer, the Director of Global Macro at Fidelity Investments, thinks the value of a single Bitcoin could reach $1 billion by the year 2038 — very close to our Bitcoin price prediction 2040 target date. Timmer's demand model is rooted in Metcalfe's Law.
Roughly every four years, the total number of bitcoin that miners can potentially win is halved (miners also earn transaction fees when building bitcoin blocks). This is intentional.
| Year | Minimum Price | Average Price |
|---|---|---|
| 2024 | $82,552.74 | $85,745.42 |
| 2025 | $118,743.12 | $122,172.78 |
| 2026 | $174,358.56 | $179,244.07 |
| 2027 | $248,270.17 | $255,439.45 |
Since there will ever only be 21 million bitcoins, the halving serves to create more scarcity. In the past, halving has preceded massive rises in bitcoin prices to new all-time highs.
The next Bitcoin halving is set for ~April 19, 2024, bringing opportunities and uncertainties for the Bitcoin community. This event, built into Bitcoin's foundational code, changes the rewards for miners and could significantly influence Bitcoin's value and role within the broader ecosystem.
How much will $1 Bitcoin be worth in 2025?
| Bitcoin Price Prediction | Potential Low ($) | Average Price ($) |
|---|---|---|
| 2025 | 61,357 | 95,903 |
| 2026 | 82,522 | 115,569 |
| 2027 | 152,837 | 160,942 |
| 2028 | 174,063 | 183,485 |
10 Years of Decentralizing the Future. Bernstein recommends buying bitcoin miners Riot Platforms and CleanSpark ahead of the halving. Bitcoin's bullish trajectory to resume after the reward halving, Bernstein said. The broker maintained its cycle high forecast of $150,000 by 2025.
Data shows that we are at the start of a crypto bull run. If you are a crypto investor or a newbie to crypto, you can benefit from this bull run if you do your research well.
If Wood is correct and Bitcoin reaches $3.8 million, if you invested $1,000 in Bitcoin now, it would be worth $54,280 in 2030. This would result in a compounded annual growth rate (CAGR) of nearly 95%.
Bitcoin (BTC) Price Prediction 2040
By 2040, the maximum price of the BTC Coin is projected to be around $5,69,240.60. Our average price forecast for Bitcoin is $5,57,632.74 in 2040. Conversely, if the market turns bearish, the minimum price level of BTC Coin could fall down to $5,42,838.40 by 2040.
Based on our analysis, Bitcoin's price could fall to a low of $38,000 or reach a high of $85,000 by the end of 2024. By the end of 2025, we expect BTC to have hit a new all-time high (ATH) around $102,000, then drop close to $65,000 by the end of the year—which will become positive support for the crypto's price.
If Bitcoin hits the $1 million price target by Wood in 2030, the $100 investment would turn into $6,070. This represents a gain of 5,970% from now until 2030.
However, some estimates can be made based on blockchain data and surveys of Bitcoin holders. According to data from Bitinfocharts, as of March 2023, there are approximately 827,000 addresses that hold 1 bitcoin or more, representing around 4.5% of all addresses on the Bitcoin network.
Bitcoin One Year From Now
“Were that projection to come to fruition, a $1,000 investment today could be worth approximately $1,333 in twelve months, though it could also become $750 if prices fall. Investors should only speculate with risk capital that they can afford to lose,” he added.
Satoshi Nakamoto, the pseudonymous creator of Bitcoin, is believed to own the most bitcoins, with estimates suggesting over 1 million BTC mined in the early days of the network.
How many BTC can ever exist?
Bitcoin's capped supply ensures there will only ever be a maximum of 21 million bitcoins in existence. This predictability and limited supply are intended to hedge against inflation and currency devaluation.
What Could Bitcoin Be Worth in 10 Years? Predictions about prices vary by analyst, with some claiming that prices could rise into the millions. However, it is just as likely that it will be worthless.
Ethereum (ETH) Price Prediction 2030
According to your price prediction input for Ethereum, the value of ETH may increase by +5% and reach $ 4,070.20 by 2030.
Bitcoin remains the most highly valued cryptocurrency. Bitcoin has seen greater acceptance by traditional finance, evidenced by the approval of spot Bitcoin ETFs in 2024. Ethereum can support smart contracts, software programs that execute automatically when certain conditions are met.
| Year | Minimum Price | Maximum Price |
|---|---|---|
| 2025 | $6,267.37 | $7,526.25 |
| 2026 | $9,194.08 | $10,810.92 |
| 2027 | $13,585.64 | $16,114.39 |
| 2028 | $19,147.09 | $22,943.71 |
