What Is Bitcoin?
Bitcoin is the first cryptocurrency in the world that was created by genius programmer Satoshi Nakamoto in 2008.
Basically saying, Bitcoin is software that operates on blockchain technology. The information is formatted in blocks and distributed across a global database maintained by a network of computers connected to the Internet and protected by encryption. Thanks to this technology Bitcoin became the first digital currency that works without the control of any central bank. Many people think that Bitcoin has the real potential to become a global reserve currency.
Nowadays Bitcoin is the number one cryptocurrency by market capitalization.
Bitcoin Future Plans And Achievements
The most recent important news was that Bitcoin’s price soared to its new record highs – on January 8, 2021, the BTC price was $41,941.56!
Bitcoin attracts a lot of institutional investors including SkyBridge, Ruffer, MicroStrategy, Grayscale, and many other huge companies. Moreover, financial giant PayPal announced the support of cryptocurrencies including Bitcoin. All this positive news for sure will help Bitcoin go mainstream in the near future.
Bitcoin doesn’t have any official roadmap. We can expect that the developers’ team will continue working on different updates of the Bitcoin network in the future.
Bitcoin Price History
Source: CoinMarketCap, Data was taken on 29 January 2021
What Is The Current Price Of Bitcoin?
Current Price $32,155.78
Market Cap $600,787,015,737.91
Volume (24h) $78,948,162,368.33
Market Rank #1
Circulating Supply 18,613,425 BTC
Total Supply 18,613,425 BTC
7 Day High / Low $29,367.14 / $34,802.74
Source: CoinMarketCap, Data was taken on 29 January 2021
Bitcoin Technical Analysis
Source: Tradingview, Data was taken on 29 January 2020.
Bitcoin Price Prediction 2025
TradingBeasts Bitcoin Future Price
According to the TradingBeasts price predictions by the end of December 2021, the BTC maximum price is expected to be $38,265.947 (+19%) per coin.
During the year 2022 Bitcoin’s maximum price may achieve the level of $47,739.072 (+48.46%), while its average price will stay around $38,234.458 (+18.9%).
TradingBeasts thinks that we can see a further BTC price increase. By the end of December 2023, its price may soar up to the level of $58,048.379 (+80.52%). By the end of 2024, Bitcoin’s maximum price could be $67,599.809 (+110.52%), while its average price will stay on the level of $54,079.847 (+68.18%).
Wallet Investor BTC Price Prediction
According to the Wallet Investor Forecast System, Bitcoin is a great option for a long-term investment with an earning potential of +22.36% in one year.
By the end of 2021, the Bitcoin price will be at the level of $37.919.10 (+17.92%) per coin. Wallet Investor says that we can expect a great increase in Bitcoin’s price. Starting from 2022 the BTC price will go up from the level of $51,439.10 (+59.97%). According to Bitcoin price prediction 2025, BTC reach its new all-time high level of $78,220.60 (+143.25%) during the year 2025.
DigitalCoinPrice Bitcoin Prediction
DigitalCoinPrice says that Bitcoin is a very profitable investment. According to their prediction algorithm, the Bitcoin price can be up to $57,877.31 (+79.99%) by the end of 2022. Moreover, in the near 4-5 years, we might see Bitcoin’s price at the level of $89,430.36 (+178.11%) per coin.
CoinPriceForecast Bitcoin Future Price Prediction
CoinPriceForecast analytics thinks that Bitcoin price will reach $87,194 per coin during this year. In 2022 Bitcoin price would move to the next level of $198,093 (+516.04%). During 2023-2025 BTC price will continue to grow and reach its new record high level of $641,045 (+1893.55%) by the end of December 2025.
What Is The Future Of Bitcoin?
There are a lot of exciting Bitcoin’s price predictions according to which Bitcoin price will go to the moon. But you should remember that those are just predictions and no one knows for sure what will happen with Bitcoin’s price.
How To Get Bitcoins?
One thing is for sure – if you are looking for the best platform to exchange cryptocurrency – StealthEX is here for you.
So what are you waiting for? Harry up and visit StealthEX.io
Follow us on Medium, Twitter, Telegram, and Reddit to get StealthEX.io updates and the latest news about the crypto world. For all requests message us via support@stealthex.io
The views and opinions expressed here are solely those of the author. Every investment and trading move involves risk. You should conduct your own research when making a decision.