Bitcoin is the world’s first and most popular cryptocurrency. The token dominates the cryptocurrency market, shaping the entire digital asset industry. Its decentralized nature and limited supply of 21 million coins make it unique, ensuring long-term demand among traders and investors.
This article analyzes the current fundamental factors that have influenced Bitcoin’s growth, the history of its creation, and reviews expert forecasts and in-depth technical analysis.
The article covers the following subjects:
Major Takeaways
The current BTC price is $108 633.91 as of 17.06.2025.The BTC price reached its all-time high of $111868.01 on 22.05.2025. The cryptocurrency hit its all-time low of $4.2 on 18.02.2012.In 2025, the BTC price is predicted to range from $85,753 to $210,125.45. The expected increase is driven by growing institutional investments and technological innovations in the Bitcoin ecosystem.In 2026, BTC will likely trade between $177,309 and $291,914.38, supported by continued institutional capital inflows and improving global economic conditions.In 2027, experts predict the price to soar to $258,245-$375,318.49, fuelled by the successful global adoption of cryptocurrencies, including growing use in international markets and increasing interest among investors.Short-term outlook. According to technical analysis, a temporary decline towards $78,500 is expected. One may consider short-term selling during this correction, setting a take-profit order at $79,000.BTCUSD: according to the Elliott wave analysis, the BTCUSD pair is expected to correct this week. Consider selling BTC at the current level, setting a take-profit order at the low of 100,408.73.
BTC Real-Time Market Status
The BTC crypto is trading at $108 633.91 as of 17.06.2025.
The following are key indicators and metrics that are crucial for tracking the BTC market:
Market capitalization. This indicator reflects the total value of all issued coins in the market and allows you to assess the BTC share in the crypto industry.Trading volume over the last 24 hours. High trading volume signals growing investor interest, leading to increased liquidity and volatility of the asset.Price change over the last 12 months. This is important for assessing the volatility of the asset and understanding its long-term performance.Volume to market cap ratio. It is used to assess the liquidity of the market. A high ratio can signal the strong interest of traders and the presence of strong movements in the market.Circulating supply. It helps gain an insight into how many coins are available in the market and how this affects the asset’s value.The maximum supply is 21 million BTC. This limit creates conditions for further growth in the asset’s price.
Indicator
Value
Market cap
$1.86 trillion
Trading volume over the last 24 hours
$22.48 billion
Volume/Market cap ratio
0.0117
All-time high
$111868.01
Price change over the last 12 months
52.06%
Circulating supply
19.86 million tokens
Maximum supply
21 million tokens
Weekly Elliott Wave Bitcoin Analysis as of 16.06.2025
The BTCUSD continues to form a global impulse [1]-[2]-[3]-[4]-[5]. On the most recent part of the price chart, the asset is forming the last wave [5] as an impulse (1)-(2)-(3)-(4)-(5). The final sub-wave (5) is currently underway. Let’s take a closer look at it on the 4-hour time frame.
A corrective wave 4 is unfolding as a flat pattern [A]-[B]-[C] within the final sub-wave (5). The pattern requires the last sub-wave [C] to complete. The price is expected to decline to the previous low of 100,408.73 within this sub-wave. At this level, wave [A] ended as a triple zigzag.
Weekly BTCUSD Trading Plan:
Sell 105,287.67, TP 100,408.73
BTC/USD Elliott wave analysis is presented by an independent analyst, Roman Onegin.
BTC Price Forecast for 2025 Based on Technical Analysis
The daily chart (D1) shows that a bearish trend began after the price hit a high in early 2025. At the end of April, a correction started. The EMA and SMA have crossed, signaling a possible downward reversal. The RSI is around 64.7455, near the overbought zone.
MACD indicates a weakening momentum, with the signal line below zero. Trading volumes (5.97K) show moderate activity, signaling potential consolidation. The trend line on the chart shows a decline from $108,260 to $95,415.37. The support level is at $78,500, with resistance around $108,260. It is advisable to exercise caution when trading, as volatility remains high.
The table below shows the BTCUSD price projections until the end of 2025.
Month
Minimum, $
Maximum, $
May
78,500
90,000
June
85,000
98,000
July
92,000
105,000
August
100,000
112,000
September
108,000
120,000
October
115,000
127,000
November
122,000
130,000
December
125,000
132,000
Long-Term Trading Plan for BTCUSD for 2025
Let’s create a trading plan based on the technical analysis of the BTCUSD pair.
Consider long trades at the support of $78,500 if a reversal is confirmed by the RSI value below 60 and a bullish MACD crossover. The profit target is the resistance of $108,260. A stop-loss order can be set at $75,000.
An alternative scenario suggests opening long trades at $95,000 in June if the price breaks above the EMA 20. The asset may rise to $120,000 by September. At this level, you can set a take-profit order. A stop-loss order can be placed at $90,000. If the price consolidates above the resistance of $108,260 on high trading volumes, long trades can be initiated with a target of $132,000 and a stop-loss order at $100,000.
It is crucial to monitor indicators. The RSI above 70 signals to lock in profits, while the MACD below zero indicates it may be time to close trades.
Analysts’ BTC Price Projections for 2025
Most experts predict Bitcoin to appreciate in 2025, taking into account market trends, macroeconomic factors, and technological improvements to the network.
Bitcoin Wisdom
Price range: $166,808.22–$208,510.27 (as of 4.05.2025).
Bitcoin Wisdom expects BTC to gain value, bolstered by capital inflows and increased market demand. Analysts believe that the highest price will reach $208,510.27.
Year
Minimum, $
Average, $
Maximum, $
2025
166,808.22
183,489.04
208,510.27
Price Prediction
Price range: $119,165–$140,095 (as of 4.05.2025).
Price Prediction anticipates BTC to advance. The average rate is expected to be $123,013 in 2025. The primary growth factors will be the development of blockchain technology and the increase in cryptocurrency users.
Year
Minimum, $
Average, $
Maximum, $
2025
119,165
123,013
140,095
DigitalCoinPrice
Price range: $85,753–$210,125.45 (as of 4.05.2025).
DigitalCoinPrice estimates that the average BTC price will reach $198,167.48 in 2025. The forecast is based on an analysis of historical data and current market conditions. Although high volatility is expected, the overall trend is predicted to be bullish.
Year
Minimum, $
Average, $
Maximum, $
2025
85,753
198,167.48
210,125.45
Analysts’ BTC Price Projections for 2026
Experts predict that Bitcoin will continue to surge in 2026, supported by its widespread adoption and improvements in blockchain technology. Analysts consider potential regulatory changes and economic factors.
Bitcoin Wisdom
Price range: $250,212.32–$291,914.38 (as of 4.05.2025).
Bitcoin Wisdom predicts that the average BTC price will climb to $266,893.15 in 2026, buoyed by increased institutional investment and the development of the blockchain ecosystem.
Year
Minimum, $
Average, $
Maximum, $
2026
250,212.32
266,893.15
291,914.38
Price Prediction
Price range: $177,309–$205,227 (as of 4.05.2025).
Price Prediction expects the average BTC price to hit $182,230. Analysts predict steady gains, fuelled by infrastructure improvements and wider BTC adoption. Although the outlook factors in possible corrections, the overall trend is expected to remain bullish.
Year
Minimum, $
Average, $
Maximum, $
2026
177,309
182,230
205,227
DigitalCoinPrice
Price range: $205,514.46–$247,998.74 (as of 4.05.2025).
DigitalCoinPrice forecasts that Bitcoin will see an average price of $226,952.71. This prediction is based on a thorough analysis of market cycles. Experts believe that BTC will strengthen its position in the market, driven by increasing institutional interest and technological advancements.
Year
Minimum, $
Average, $
Maximum, $
2026
205,514.46
226,952.71
247,998.74
Analysts’ BTC Price Projections for 2027
Forecasts for 2027 indicate that Bitcoin will continue to strengthen. Experts take into account potential regulatory risks and technological innovations that could affect the market.
Bitcoin Wisdom
Price range: $333,616.43–$375,318.49 (as of 4.05.2025).
Bitcoin Wisdom predicts that the average BTC price will be around $350,297.25 in 2027. The forecast relies on an analysis of long-term trends and the token’s increasing appeal. Experts anticipate that BTC will continue to establish itself as a safe-haven asset amid economic uncertainty.
Year
Minimum, $
Average, $
Maximum, $
2027
333,616.43
350,297.25
375,318.49
Price Prediction
Price range: $258,245–$300,828 (as of 4.05.2025).
Price Prediction foresees BTC to climb to $300,828 in 2027 amid improvements in blockchain infrastructure and mounting interest from retail investors. Analysts anticipate a steady uptrend with moderate volatility.
Year
Minimum, $
Average, $
Maximum, $
2027
258,245
267,357
300,828
DigitalCoinPrice
Price range: $281,452.35–$344,925.26 (as of 4.05.2025).
DigitalCoinPrice expects BTC to hit a high of $344,925.26 in 2027. This prediction is based on market data analysis and institutional demand. Analysts anticipate that the BTC price will remain a key asset thanks to strong investor demand.
Year
Minimum, $
Average, $
Maximum, $
2027
281,452.35
320,033.55
344,925.26
Analysts’ BTC Price Projections for 2028
In 2028, Bitcoin will likely strengthen its position, thanks to technological improvements and institutional adoption. Analysts consider possible macroeconomic changes that may affect volatility but anticipate a strong uptrend.
Bitcoin Wisdom
Price range: $417,020.54–$458,722.59 (as of 4.05.2025).
Bitcoin Wisdom predicts that the BTC price may jump to $458,722.59 in 2028, spurred by institutional investments and improved network scalability.
Year
Minimum, $
Average, $
Maximum, $
2028
417,020.54
433,701.36
458,722.59
Price Prediction
Price range: $363,941–$453,243 (as of 4.05.2025).
According to Price Prediction, the average price of BTC will be $377,309 in 2028. Analysts predict solid gains stemming from ecosystem expansion and increased liquidity. The forecast accounts for possible corrections, with the overall trend remaining bullish.
Year
Minimum, $
Average, $
Maximum, $
2028
363,941
377,309
453,243
DigitalCoinPrice
Price range: $367,415.81–$436,236.32 (as of 4.05.2025).
DigitalCoinPrice believes that the BTC price may increase to $436,236.32. The forecast is based on an analysis of market trends and demand growth.
Year
Minimum, $
Average, $
Maximum, $
2028
367,415.81
426,210.76
436,236.32
Analysts’ BTC Price Projections for 2029
Analysts are optimistic about Bitcoin’s long-term performance. Their forecasts incorporate the coin’s global adoption, technological innovations, and macroeconomic factors.
Bitcoin Wisdom
Price range: $500,424.65–$542,126.70 (as of 4.05.2025).
Bitcoin Wisdom forecasts that the average BTC price will soar to $517,105.47. Experts anticipate that the token’s price will continue to strengthen in the long term.
Year
Minimum, $
Average, $
Maximum, $
2029
500,424.65
517,105.47
542,126.70
Price Prediction
Price range: $554,807–$639,619 (as of 4.05.2025).
Price Prediction estimates that the BTC price may reach $639,619 by the end of 2029. Analysts predict significant gains due to the coin’s global adoption and infrastructure enhancements.
Year
Minimum, $
Average, $
Maximum, $
2029
554,807
569,899
639,619
DigitalCoinPrice
Price range: 367,415.81–$436,236.32 (as of 4.05.2025).
DigitalCoinPrice predicts more moderate growth, with BTC reaching a high of $436,236.32 in 2029. The forecast is derived from current market conditions and historical data.
Year
Minimum, $
Average, $
Maximum, $
2029
367,415.81
426,210.76
436,236.32
Analysts’ BTC Price Projections for 2030
By 2030, Bitcoin may become a key element of the global financial system. Experts predict significant appreciation, considering macroeconomic factors and regulatory changes.
Bitcoin Wisdom
Price range: $583,828.76–$625,530.81 (as of 4.05.2025).
Bitcoin Wisdom predicts an increase to a high of $625,530.81. The forecast reflects confidence in BTC’s long-term potential.
Year
Minimum, $
Average, $
Maximum, $
2030
583,828.76
600,509.58
625,530.81
Price Prediction
Price range: $824,103–$952,614 (as of 4.05.2025).
Price Prediction anticipates BTC to surge to $952,614. Analysts predict that the price will advance in an exponential way, driven by the global adoption of the coin and improvements in blockchain infrastructure.
Year
Minimum, $
Average, $
Maximum, $
2030
824,103
852,598
952,614
DigitalCoinPrice
Price range: $454,364.60–$521,176.17 (as of 4.05.2025).
DigitalCoinPrice suggests that BTC will trade at $454,364.60–$521,176.17 in 2030. The outlook is based on an analysis of market trends and interest from institutional investors. Experts anticipate that BTC will remain a key asset amid economic instability.
Year
Minimum, $
Average, $
Maximum, $
2030
454,364.60
492,103.96
521,176.17
Analysts’ BTC Price Projections until 2050
According to experts, the Bitcoin price may exceed $1 million by 2050, attracting the attention of investors worldwide. Analysts consider the coin’s global adoption, technological advances, and economic factors. However, market risks are still present.
Price Prediction estimates that Bitcoin will range between $6,924,187 and $7,706,581 in 2050, with an average price of $7,198,025.
Changelly also expects BTC to appreciate, with an average price of $6,118,809 in 2050. The forecast takes into account regulatory risks and market fluctuations.
Year
Price Prediction, $
Changelly, $
2030
852,598
786,025.39
2040
5,985,314
3,568,496.11
2050
7,198,025
4,725,845.37
The forecasts until 2050 reflect confidence in Bitcoin’s growth. Analysts emphasize the role of institutional adoption and limited supply. At the same time, experts believe that regulatory risks and volatility may negatively affect the BTC price.
Market Sentiment for BTC (Bitcoin) on Social Media
Media sentiment plays a key role in shaping market expectations for Bitcoin and influences investor opinions on social media. Positive assessments stimulate purchases, while negative ones may cause sell-offs.
For example, DragonFly (@FlywithDF) predicts that a correction in the BTC price is a good opportunity to buy the asset at an attractive price.
In contrast, Follis (in Dubai) sarcastically comments on the price drop and expects BTC to continue falling.
Sentiment on social media is mixed: some users expect an increase, while others anticipate a slump in the exchange rate. Such ambiguous assessments may lead to high volatility, which can be used for short-term trading.
BTC Price History
Bitcoin (BTC) reached its all-time high of $111868.01 on 22.05.2025.
The lowest price of Bitcoin (BTC) was recorded on 18.02.2012 when the coin declined to $4.2.
Below is the chart of the BTCUSD pair. It is crucial to evaluate historical data to make our forecasts as accurate as possible.
Bitcoin is a decentralized cryptocurrency, and its protocol was launched on January 3, 2009. Nevertheless, for an extended period, the coin was not widely regarded as a viable means of payment.
The first Bitcoin halving occurred in 2012 and had a relatively limited impact on the exchange rate. In 2013, the value of BTC surpassed $22, marking a pivotal point in its meteoric rise in popularity.
The value of Bitcoin suffered significantly in 2014 due to the closure of the largest crypto exchange at the time, Mt. Gox. Furthermore, numerous prominent investors began to voice criticism of digital currencies, including Warren Buffett, who labeled BTC a “mirage” and a “bubble.” However, eight years later, the situation began to change.
2017 was a pivotal year in Bitcoin’s history:
In April, the Japanese government enacted regulations that permit the use of cryptocurrencies for transactions.In August, a Bitcoin fork, Bitcoin Cash, was established.In December, the Chicago Mercantile Exchange officially launched Bitcoin futures. These developments contributed to a notable increase in the exchange rate, which reached $20,600 by December.
In 2018, the first crypto winter began. The cryptocurrency market saw a notable decline. In response to concerns about market stability, regulators took action to restrict the activities of crypto exchanges and prohibit initial coin offerings (ICOs). Against these crackdowns, the value of Bitcoin (BTC) plunged below $3,700.
In 2020, the third halving of Bitcoin occurred on May 11, which resulted in a modest uptick in the asset’s price. In August, MicroStrategy made a significant investment in BTC. In December, Ripple’s controversial proceedings against the SEC had an overall negative impact on the market. The DeFi sector boomed by the end of the year. However, the market saw a significant decline due to the pandemic.
In 2021, BTC benefited from three significant developments.
Tesla announced a $1.5 billion investment in Bitcoin, which boosted the BTC exchange rate.In September, El Salvador adopted Bitcoin as an official means of payment.On November 10, the price of BTC reached a record high of $68,789, and the crypto market capitalization exceeded $3 trillion for the first time.
The year 2022 brought a new crypto winter. The BTC rate fell to $15,000 for a number of reasons, including the Terra blockchain crash, Tesla selling 75% of its BTCs, and the bankruptcy of crypto exchange FTX. Moreover, the SEC continued to crack down on cryptocurrencies.
In 2023, the crypto market started to recover. The crypto market cap more than doubled from $830 billion to $1.735 trillion. Bitcoin also managed to recover thanks to factors such as the bankruptcy of Silicon Valley Bank (SVB) and the partial resolution of Ripple’s litigation against the SEC.
2024 proved to be a milestone year for Bitcoin. The price soared past the $80,000 mark, triggered by the approval of Bitcoin ETFs in the US. This move drew in significant investments, bolstering both liquidity and confidence in cryptocurrencies. Amid economic uncertainty and rising inflation, Bitcoin emerged as a safe-haven asset, gaining support from major companies like Tesla. Following Donald Trump’s victory in the presidential election, Bitcoin’s value surged above $93,000, fueled by his pledges to back the crypto industry. However, the exchange rate later experienced a decline once again.
BTC Fundamental Analysis
Bitcoin is the world’s leading cryptocurrency, exerting a significant influence on the digital asset market. A fundamental analysis of BTC provides insight into the key factors that determine its price and attractiveness among investors.
What Factors Affect the BTC Price?
1. Supply and demand
The limited number of coins (21 million BTC) and halvings that reduce the reward for BTC mining lead to a lower supply. Demand for BTC is driven by interest among investors and various institutional investors.
2. Macroeconomic factors
Economic conditions in developed countries, inflation rates, and central bank monetary policies can influence the price of Bitcoin. Many investors view BTC as a hedge against inflation, especially during periods of economic instability. However, this strategy comes with high risks.
3. Regulatory changes
The value of Bitcoin is significantly influenced by the regulatory environment surrounding cryptocurrencies. The adoption or prohibition of cryptocurrencies in various countries can lead to fluctuations in the exchange rate.
4. Technological development
Updates to blockchain technology and improvements to network infrastructure are key factors. For instance, the deployment of scaling technologies, such as the Lightning Network, has the potential to drive greater adoption of Bitcoin, which could boost its exchange rate.
5. Institutional investment
The interest of major firms and institutional investors is a significant factor influencing the price of Bitcoin. Investments from companies such as Tesla and MicroStrategy increase confidence in BTC and attract new investors to the market.
6. Security issues
Any news about cyberattacks on cryptocurrency platforms or blockchain vulnerabilities can push the price of BTC lower. Investors value Bitcoin’s resilience to hacking attacks and its decentralized nature.
7. Social media sentiment
Social media sentiment, influencer mentions, and news events can rapidly shift investor perceptions and impact the BTC price. For instance, Elon Musk’s statements have frequently triggered significant crypto market shifts.
More Facts About BTC
Bitcoin (BTC) is the world’s first decentralized cryptocurrency, created in 2009 by an individual or group of people operating under the alias Satoshi Nakamoto. It employs blockchain technology, which enables transparent and secure record-keeping of transactions. The increase in the value of Bitcoin is linked to its limited issuance. The maximum supply of BTC is 21 million coins. The gradual decrease in the reward for mining, known as halving, also contributes to a decrease in supply, which increases scarcity and stimulates price growth.
Traders choose Bitcoin due to its significant volatility, allowing them to generate profits on price swings. In addition, BTC acts as an alternative to traditional assets during economic downturns. Its accessibility, high liquidity, and the ability to store on cold wallets attract both institutional investors and retail traders.
Bitcoin has become a symbol of freedom from the traditional banking system, appealing to users who value financial independence and decentralization.
Advantages and Disadvantages of Investing in BTC
Investing in Bitcoin comes with both benefits and risks.
Advantages:
High growth potential. Since its inception, Bitcoin has demonstrated remarkable growth.Decentralization and independence. Bitcoin is a decentralized currency, which means that it is not controlled by the government or financial institutions. This makes it an attractive option for investors seeking independence from traditional banking systems.High liquidity. Bitcoin is one of the most liquid crypto assets, meaning it can be quickly and easily exchanged for fiat currencies or other cryptocurrencies without significant loss in value.Transparency and security. Blockchain technology, the backbone of Bitcoin, offers a high level of transparency and security, reducing fraud risks and attracting new investors.
Disadvantages:
High volatility. The price of Bitcoin is subject to significant fluctuations, which can result in substantial gains or substantial losses. For those seeking a conservative investment option, Bitcoin is not a suitable choice.Regulatory risks. Cryptocurrencies, including Bitcoin, must comply with the standards set forth by financial regulators. The introduction of new legislation or restrictions by governments in different countries may affect the price and availability of the asset.Limited adoption. Despite the growing popularity of Bitcoin, it has yet to gain global acceptance as a means of payment. The majority of companies do not accept BTC, which limits its potential economic value.Technological risks. The security of Bitcoin depends on the stability of the blockchain. While the technology is highly secure, investors could suffer significant losses in the event of a cyberattack or vulnerability in the technology.Energy consumption. Bitcoin mining requires exorbitant electricity consumption, which has led to criticism from environmentalists and could potentially affect public perception of the cryptocurrency. Against this backdrop, the value of BTC may decline.
How We Make Forecasts
In order to ensure the most accurate forecasts, we employ a comprehensive methodology that encompasses both technical and fundamental analysis.
Short-term forecasts. Our analysis includes an evaluation of current market sentiment and technical indicators such as the RSI, MACD, moving averages, and trading volume. In addition, we consider volatility and key support and resistance levels.Medium-term forecast. We consider fundamental factors such as blockchain network updates, regulatory changes, and major events in the cryptocurrency industry, as well as historical data, to identify chart patterns and trends.Long-term forecasts are based on an analysis of global economic trends and developments in blockchain technology. Furthermore, we leverage insights from top analysts to assess the potential for infrastructure and significant partnerships within the industry.
Conclusion: Is BTC a Good Investment?
Bitcoin holds substantial growth potential. According to expert forecasts, the price may reach $6.1–$7.2 million by 2050. Factors such as institutional investments and limited supply positively influence the BTC value. However, high volatility and regulatory risks may lead to a decrease in the coin’s price.
Bitcoin may become a solid long-term investment for those prepared to take risks. However, trading BTC requires careful analysis. Moreover, it is crucial to diversify your portfolio to minimize potential losses.
BTC Price Prediction FAQs
Price chart of BTCUSD in real time mode
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