Important takeouts:
- Bitcoin prices face around $114,000 in volatility.
- Bitcoin’s price forecast predicts that BTC will reach $160,000 by the end of 2025 due to bullish sentiment after the Halving event.
- By 2031, BTC could touch $350,548 following an increase in facility adoption.
Bitcoin prices have doubled since the beginning of 2024, but a noticeable 45% increase was seen in the two weeks following the presidential election. The boost solidified Bitcoin’s role in the so-called “Trump Trade” and cemented with President-elect’s positive attitude towards the cryptocurrency industry, which promotes investor optimism about this emerging asset class.
As Bitcoin’s on-chain activity surges, questions like, “Can Bitcoin exceed $100,000?” Or answer using “Is Bitcoin going up?” or “Where will Bitcoin be in five years?”.
overview
| Cryptocurrency | Bitcoin |
| Ticker | BTC |
| price | $113,975 (-0.2%) |
| Market capitalization | 2.11 trillion dollars |
| Trading volume (24 hours) | 42.13 billion dollars (+18.9%) |
| Circulating supply | 19.87 million BTC |
| The best ever | $111,970. May 22, 2025 |
| The worst ever | 0.04865 dollars; July 15, 2010 |
| 24 hours tall | $115,093 |
| 24 hours low | $112,701 |
Bitcoin Price Prediction: Technical Analysis
| metric | value |
| Price forecast | $133,640 (17.66%) |
| Fear and greedy index | 65 (Greedy) |
| Feelings | neutral |
| Volatility | 3.54% |
| Green Day | 16/30 (53%) |
| 50 Day SMA | $111,818 |
| 200 Day SMA | $91,276 |
| 14 Days of RSI | 42.21 |
Bitcoin price analysis
TL;DR Breakdown:
- According to BTC price analysis, Bitcoin shows integrations above $114K.
- BTC resistance is $115,924
- BTC/USD support is $111,655
A BTC price analysis on August 6 confirms that BTC is facing a decline in volatility as prices consolidate around $114,000. Prices are currently aiming to integrate within the bear channel.
BTC Price Analysis One Day Chart: Bitcoin Faces Consolidation Over $114K
Analyzing the daily Bitcoin price charts shows that when Bitcoin exceeds $114K, we are facing consolidation. Currently, buyers are triggering minor recovery rallies, resulting in immediate FIB levels being retested. The 24-hour volume has skyrocketed to $1.32 billion, with trading interest rising today. BTC is trading at $114,113, down more than 0.24% over the past 24 hours.
The RSI-14 trendline has skyrocketed from previous levels and is trading at 46, suggesting a bullish fix is on the edge. The SMA-14 level suggests volatility in the coming hours.
BTC/USD 4-hour price chart: Bearish domination rises around EMA trendline
The four-hour Bitcoin price chart suggests that the Bulls are stepping up their position above the EMA trendline price. However, sellers are aiming to continue the trend below $114,000.
The BOP indicator is trading in a positive region of 0.54, indicating that short-term buyers have an opportunity to accelerate the upward trend.
Additionally, the MACD trend line forms a green candle above the signal line, and the indicator aims for positive momentum and strengthens the trust of the advantage holder.
Bitcoin Technical Indicators: Levels and Actions
Daily Simple Moving Average (SMA)
| period | value | action |
| SMA 3 | $104,740 | buy |
| SMA 5 | $111,429 | buy |
| SMA 10 | $114,548 | sell |
| SMA 21 | $116,818 | sell |
| SMA 50 | $111,818 | buy |
| SMA 100 | $107,343 | buy |
| SMA 200 | $91,276 | buy |
Daily Exponential Moving Average (EMA)
| period | value | action |
| EMA 3 | $105,503 | buy |
| EMA 5 | $103,787 | buy |
| EMA 10 | $98,961 | buy |
| EMA 21 | $93,313 | buy |
| EMA 50 | $90,453 | buy |
| EMA 100 | $90,298 | buy |
| EMA 200 | $86,428 | buy |
What do you expect from BTC price analysis next?
The hourly price chart confirms that Bitcoin is about to fall under the immediate support line. However, the bull is keeping an eye on recovery rallies in the coming hours. If BTC prices hold momentum above $115,924, it will promote bullish gatherings to $119,623.
If the Bulls are unable to start a surge, the BTC price could lower the immediate support line at $111,655, starting a trend that weakens to $106,818.
Is Bitcoin a good investment?
The growing institutional demand for Bitcoin ETFs makes them a great investment option in the crypto market. However, Bitcoin has a short investment history filled with extremely volatile market values. Whether it’s a good investment depends on your financial profile, investment portfolio, risk tolerance, and investment goals. It is proposed to provide financial market investment advice and understand the risks of the financial system.
Why is Bitcoin down today?
Bitcoin faced a surge in bear pressure as sellers caused strong domination of around $114,000. Recent highs have sparked sales demand among holders.
Will BTC price be worth $10,000?
Bitcoin Price has broken the expected $10 mark with its aim for a new ATH. Prices are currently preparing to maintain purchase demand above $120,000.
Will BTC reach $1 million?
$1 million is an important milestone for BTC prices. However, it is achievable if Bitcoin continues to attract institutional interest over the next few years.
Is Bitcoin a good long-term investment?
As several institutions continue to accumulate BTC and Bitcoin faces an increase in global recognition, Bitcoin has a strong long-term future.
Recent News/Opinions on BTC
The SEC has increased the number of option contracts allowed to “All ETFs” from 25,000 to 25,000 to 250,000 “All ETFs” including the iShares Bitcoin Trust ETFs (IBIT) but not the faithful and wise Origin Bitcoin Fund (FBTC).
Bitcoin price forecast August 2025
Bitcoin prices jumped to $123,000, making it the best month in July in 2025. This rise is because Bitcoin has often grown considerably in the past after the “half” event. Analysts believe that the current market follows the same pattern. This could mean that a peak will be seen around September 2025.
Bitcoin’s price will push at least $118,000 more if they attempt to maintain an average price of $105,000 and do not see any stronger downward pressure. However, there could be a bearish denial, leading to a consolidation of around $101,000.
| Bitcoin price forecast | Potentially low | Potential average | Potential high |
| Bitcoin price forecast August 2025 | $101,000 | $105,000 | $118,000 |
Bitcoin Price Prediction 2025
Historically, Bitcoin is a key crypto coin in half a year, and is expected to boost prices. Bitcoin miners could play an important role in retaining bullish sentiment for future price movements.
Spot Bitcoin ETFs are projected to be a key driver for Bitcoin prices and the broader cryptocurrency market in 2025. As a result, Bitcoin’s trajectory may follow bullish trends due to rising Treasury period premiums.
Additionally, there is an increasing bullish sentiment that base rates can be reduced in the US, which will help to drive upward movements Bitcoin. The 2025 result could be positive for Bitcoin, with its crypto price likely reaching a maximum of $160,000 and a low of around $68,000.
| Bitcoin price forecast | Potentially low | Potential average | Potential high |
| Bitcoin Price Prediction 2025 | $68,000 | $120,000 | $160,000 |
Bitcoin Price Prediction 2026-2031
| year | Lowest price | Average price | Maximum price |
| 2026 | $115,000 | $130,000 | $185,000 |
| 2027 | $140,491 | $170,100 | $216,738 |
| 2028 | $164,063 | $185,068 | $244,142 |
| 2029 | $195,629 | $200,312 | $255,321 |
| 2030 | $225,903 | $248,568 | $270,593 |
| 2031 | $285,058 | $303,555 | $350,548 |
Bitcoin Price Prediction 2026
Bitcoin could slow growth after a half-surge in 2025, with sales pressures likely to skyrocket. However, more financial instruments, including surges in ETF flows, could hold BTC prices within bullish regions. Sentiment in the digital asset market shows a bullish signal for Bitcoin. As the overall sentiment gives you a bullish outlook, you need to do more research on Bitcoin before investing.
The lowest price is $185,000, the lowest price is $115,000, and the average price is $130,000. However, Bitmex CEO Arthur Hayes predicted that BTC prices would be at $700,000 in 2026.
Bitcoin Price Prediction 2027
Based on a detailed technical analysis of past Bitcoin price data, it is predicted that in 2027 Bitcoin will be able to see a lowest price of $140,491. The maximum potential price is estimated at $216,738, with an average of $170,100.
Bitcoin Price Prediction 2028
By 2028, Bitcoin prices are expected to reach a minimum of $164,063. The maximum price forecast is $244,142, averageing about $185,068 per year.
Bitcoin Price Prediction 2029
The 2029 forecast suggests that Bitcoin could be valued at a minimum of $195,629. Prices could peak at up to $255,321, with an average of around $200,312 throughout the year.
Bitcoin (BTC) Price Prediction 2030
The 2030 forecast suggests that Bitcoin prices could start at a minimum of $225,903 and rise to a maximum of $270,593. The average price is expected to remain stable at around $248,568 throughout the year.
Bitcoin Price Prediction 2031
The 2030 forecast suggests that Bitcoin prices could start at a minimum of $285,058 and rise to a maximum of $350,548. The average price is expected to remain stable at around $303,555 throughout the year.
Bitcoin Market Price Forecast: Analysts’ BTC Price Forecast
| Trade name | 2025 | 2026 |
| Gov.Capital | $118,300 | $161,352 |
| DigitalCoinprice | $135,487 | $155,444 |
| Tradingbeasts | $107,544 | $154,235 |
- Cincodex predicts that Bitcoin prices could reach $158,827 by 2025, using Bitcoin Rainbow Chart based on past volatility and the cyclical nature of Bitcoin Harving events.
- Kathy Wood of Ark Invest Bitcoin could reach $600,000 by 2030, and could rise to $1.5 million in bull case scenario after Bitcoin ETF approval (Bitcoin Exchange Traded Funds).
Cryptopolitan Bitcoin (BTC) Price Prediction
The adoption of Bitcoin and the surge in the expansion of the Bitcoin ecosystem could end the future “Bitcoin bubble” controversy. This could increase Bitcoin costs and strengthen the Bitcoin network. In Cryptopolitan, the sentiment of the historic market is so impressive that it is bullish about the future price of Bitcoin. By the end of 2025, Bitcoin could potentially hit $160,000, with the lowest price of $68,000 and the average price of $120,000.
However, the future market potential for Bitcoin is entirely dependent on the demand for purchases, regulations and investor sentiment regarding long-term holdings. Crypto analysts provide positive sentiment as macroeconomic trends become promising.
Bitcoin prices are expected to surpass the $216,000 high by the end of 2027.
Bitcoin’s historical price sentiment
- Nakamoto At created Bitcoin in 2009, marking its first use of blockchain technology.
- Bitcoin was initially worth little and gained great traction during the 2017 boom, earning over $15,000, reaching even higher in 2019 and 2021.
- In 2021, Bitcoin peaked at $68,789.63, but fell to $15,760 by December 2022 amid economic pressures, including inflation and geopolitical conflict.
- By April 10, 2023, Bitcoin price had risen 83%, breaking the $30,000 resistance level.
- Throughout mid-2023, Bitcoin valued at around $30,000, reaching nearly $32,000 thanks to positive market sentiment and potential ETF approvals.
- Bitcoin experienced a significant price drop in mid-August 2023, falling to $25,000. However, its prices remained volatile, fluctuating between $26,000 and $29,500 in October.
- Bitcoin closed in 2023 at over $42,000, up 155% since its launch this year.
- In early 2024, Bitcoin rose above $45,000 on ETF’s forecast, but shortly below $40,000 after approval. It beat its 2021 record high in March, reaching $73,750.07 on March 14th before falling below $60,000 in April. May spiked further than $70,000, with June and July bringing significant fluctuations between $70,000 and $55,000.
- Bitcoin was promoted to $66K in September after a Fed rate cut, rising to $70,000 in Upber Rally in October, and surged to $108,000 following Donald Trump’s victory in the US election in November. BTC ended in 2024 and fell below $95,000.
- At the beginning of January 2025, BTC was trading between $92,788.13 and $95,824.39. However, it formed the ATH on January 20th for $109,114.
- Over the weeks of February, BTC prices fell sharply as they fell to a low of $78,000.
- Bitcoin prices fell sharply in March, dropping to a low of $76.6K. In April, Bitcoin prices began to recover. By the end of April, we were close to the important $95K zone.
- In May, Bitcoin prices surged, forming a new ATH at $111,970. However, the price later fell to $104,000.
- By the end of June, BTC prices had regained the $100,000 level.
- In July, BTC prices skyrocketed towards $123,000. However, it later faced strong sales pressure.
