Bullish BTC price prediction for 2024 is $81,013.11 to $102,153.86.. Bitcoin (BTC) price might reach $90,070 soon.. Bearish (BTC) price prediction for 2024 is $50382.72.. In this Bitcoin (BTC) price prediction for 2024, 2025, and 2030, we will analyze the price patterns of BTC by using accurate trader-friendly technical analysis indicators and predict the future movement of the cryptocurrency.. TABLE OF CONTENTS. INTRODUCTION. Bitcoin (BTC) Current Market Status. What is Bitcoin (BTC)?. Bitcoin (BTC) 24H Technicals. BITCOIN (BTC) PRICE PREDICTION 2024. Bitcoin (BTC) Support and Resistance Levels. Bitcoin (BTC) Price Prediction 2024 — RVOL, MA, and RSI. Bitcoin (BTC) Price Prediction 2024 — ADX, RVI. Comparison of BTC with ETH. BITCOIN (BTC) PRICE PREDICTION 2025, 2026-2030. CONCLUSION. FAQ. Current Price $66,972.57. 24 – Hour Trading Volume $75,942,168,927. Market Cap $1,315,642,818,506. Circulating Supply 19,645,312 BTC. All – Time Low $0.04865 (On Jul 14, 2010). BTC Current Market Status (Source: CoinMarketCap). TICKERBTC. BLOCKCHAINBitcoin. CATEGORYBitcoin. LAUNCHED ONJanuary 2009. UTILITIESA store of value. Bitcoin (BTC) is the original decentralized digital currency created by the pseudonymous founder(s) Satoshi Nakamoto in 2009, introducing the concept of blockchain technology. BTC utilizes a peer-to-peer network and operates on a proof-of-work (PoW) consensus, where validators secure transactions through energy-intensive “mining.” The cryptocurrency has a fixed supply cap of 21 million BTC, with less than 1.35 million BTC remaining to be mined as of February 2024.. Bitcoin has shown a significant transformative journey since its inception. From being the first cryptocurrency to gaining widespread recognition, it has become a dominant force in the global financial landscape. Bitcoin holds the title of the “largest cryptocurrency” by market capitalization, and its adoption has expanded into various sectors, from retail to education and the introduction of real-world Bitcoin ATMs.. Currently, the approval of spot Bitcoin exchange-traded fund (ETF) gained widespread attention from both individuals and institutional investors, which would further propel the adoption of BTC. Furthermore, the upcoming Bitcoin halving, scheduled for April 2024, will see a 50% decrease in mining rewards.. (Source: TradingView). Bitcoin (BTC) ranks 1st on CoinMarketCap in terms of its market capitalization. The overview of the Bitcoin price prediction for 2024 is explained below with a daily time frame.. BTC/USDT Ascending Channel Pattern (Source: TradingView). In the above chart, Bitcoin (BTC) laid out an ascending channel pattern, also known as the rising channel. It is a bullish technical formation identified by upper and lower trend lines connecting higher highs and higher lows, respectively, within an upward slope. This pattern suggests a sustained uptrend, with traders typically seeking entry near the lower trend line and aiming to sell near the upper trend line.. At the time of analysis, the price of Bitcoin (BTC) was recorded at $67,183. If the pattern trend continues, then the price of BTC might reach the resistance levels of $68,852 and $77,222. If the trend reverses, then the price of BTC may fall to the support of $62,244.19 and $51,077.09.. The chart given below elucidates the possible resistance and support levels of Bitcoin (BTC) in 2024.. BTC/USDT Resistance and Support Levels (Source: TradingView). From the above chart, we can analyze and identify the following as resistance and support levels of Bitcoin (BTC) for 2024.. Resistance Level 1$81,013.11. Resistance Level 2$102,153.86. Support Level 1$64,135.73. Support Level 2$50382.72. BTC Resistance & Support Levels. The technical analysis indicators such as Relative Volume (RVOL), Moving Average (MA), and Relative Strength Index (RSI) of Bitcoin (BTC) are shown in the chart below.. BTC/USDT RVOL, MA, RSI (Source: TradingView). From the readings on the chart above, we can make the following inferences regarding the current Bitcoin (BTC) market in 2024.. INDICATORPURPOSEREADINGINFERENCE. 50-Day Moving Average (50MA)Nature of the current trend by comparing the average price over 50 days50 MA = $48,596.08Price = $67,713.29(50MA < Price)Bullish/Uptrend. Relative Strength Index (RSI)Asset’s trading volume with its recent average volumes83.2770 = OverboughtOverbought. Relative Volume (RVOL)Asset’s trading volume in relation to its recent average volumesBelow cutoff lineWeak Volume. In the below chart, we analyze the strength and volatility of Bitcoin (BTC) using the following technical analysis indicators — Average Directional Index (ADX) and Relative Volatility Index (RVI).. BTC/USDT ADX, RVI (Source: TradingView). From the readings on the chart above, we can make the following inferences regarding the price momentum of Bitcoin (BTC).. INDICATORPURPOSEREADINGINFERENCE. Average Directional Index (ADX)Strength of the trend momentum58.69Strong Trend. Relative Volatility Index (RVI)Volatility over a specific period57.31. 50 = High. High Volatility. Let us now compare the price movements of Bitcoin (BTC) with that of Ethereum (ETH).. BTC Vs ETH Price Comparison (Source: TradingView). From the above chart, we can interpret that the price action of both Bitcoin (BTC) and Ether (ETH) appear to exhibit similar movements. However, there are slight differences in their movements.. With the help of the aforementioned technical analysis indicators and trend patterns, let us predict the price of Bitcoin (BTC) between 2025, 2026, 2027, 2028, 2029, and 2030.. Year Bullish Price Bearish Price. Bitcoin (BTC) Price Prediction 2025$104,023$46,987. Bitcoin (BTC) Price Prediction 2026$135,100$50,050. Bitcoin (BTC) Price Prediction 2027$158,500 $53,960. Bitcoin (BTC) Price Prediction 2028$180,170 $58,350. Bitcoin (BTC) Price Prediction 2029$200,000$82,700. Bitcoin (BTC) Price Prediction 2030$230,600 $111,000. In conclusion, the bullish Bitcoin (BTC) price prediction for 2024 is $81,013.11.Comparatively, if unfavorable sentiment is triggered, the bearish Bitcoin (BTC) price prediction for 2024 is $50382.72.. If the market momentum and investors’ sentiment positively elevate, then Bitcoin (BTC) might hit $90,070. Furthermore, with future upgrades and advancements in the Bitcoin ecosystem, BTC might surpass its current all-time high (ATH) of $68,789.63 and mark its new ATH.. BTC is the world’s largest cryptocurrency built on the peer-to-peer blockchain network Bitcoin. It was launched in 2009.. Traders can trade Bitcoin (BTC) on almost all crypto exchanges or virtual asset trading platforms.. With the ongoing upgrades within the Bitcoin ecosystem and positive regulatory moves, Bitcoin (BTC) has a high possibility of marking its new ATH soon.. Bitcoin (BTC) hit its current all-time high (ATH) of $68,789.63 on Nov 10, 2021.. According to CoinMarketCap, BTC hit its all-time low (ATL) of $0.04865 on Jul 14, 2010.. If Bitcoin (BTC) becomes one of the active cryptocurrencies that majorly maintain a bullish trend, it might rally to hit $90,070 soon.. Bitcoin (BTC) price might reach $104,023 by 2025.. Bitcoin (BTC) price might reach $135,100 by 2026.. Bitcoin (BTC) price might reach $158,500 by 2027.. Bitcoin (BTC) price might reach $180,170 by 2028.. Top Crypto Predictions. PEPE Price Prediction 2024-2030. FTM Price Prediction 2024-2030. Disclaimer: The opinion expressed in this chart is solely the author’s. It does not represent any investment advice. TheNewsCrypto team encourages all to do their own research before investing.. share