A hundred euros, a thousand euros, fifty thousand euros...
Bitcoin has reached many great milestones! The price increases go hand in hand with the growth and increasing adoption of cryptocurrency. Bitcoin started as a plaything for nerds, over a decade later it is legal tender in a country.
Will more countries follow suit? The next few years look like they will be very exciting. What do we expect for the long term.
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Bitcoin prediction for the short term
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Forecast for the coming years
What do we expect from the coming years? Different analysts, different opinions. Read Coinpriceforecast's price forecast below.
What are Bitcoin's expectations for 2024?
The adoption of the Bitcoin spot ETF turned out to be a sell-the-news event. But with the Bitcoin halving approaching in April, expectations are high. So far, Bitcoin has surged in the months following the halving. Analysts therefore expect a price of €90,742.55 by the end of December .
What are Bitcoin's expectations for 2025?
Whereas 2024 was a celebration due to the price rise, it is expected to continue in 2025. Analysts expect a share price of €104,511.52 by the end of 2025.
What are Bitcoin's expectations in 2026?
Expectations for 2026 are also positive. Heading into July 2026, the exchange rate is expected to be the around €121,649.73. Analysts predict a bitcoin price of €150,608.89 in December 2026.
How much will bitcoin be worth in 2027 and 2028?
The bitcoin price will continue to rise steadily in 2027, according to analysts. They expect the bitcoin price to head towards €187,525.20 in December 2027. By mid-2028, a bitcoin value of €191,325.18 is expected and by December a price of €194,766.13.
What are Bitcoin's expectations in 2030?
Bitcoin remains on track. The forecast is for a price of €278,285.62 by mid-2030. Towards December 2030, the price is then likely to hover around €309,298.43.
Year | June | December | % compared to the start of 2021 |
2024 | € 36.896,99 | € 90.742,55 | 138,45% |
2025 | € 88.683,64 | € 104.511,52 | 174,63% |
2026 | € 121.649,73 | € 150.608,89 | 295,76% |
2027 | € 158.860,23 | € 187.525,20 | 392,76% |
2028 | € 191.325,18 | € 194.766,13 | 392,76% |
2029 | € 196.119,35 | € 226.414,20 | 494,95% |
2030 | € 278.285,62 | € 309.298,43 | 712,75% |
PlanB: Bitcoin to 1 Million in 2025
Or will we see even more fireworks? The most optimistic pricemodel was made by PlanB. PlanB has used the scarcity of bitcoin to create his stock-to-flow model in 2019.
The scarcity has been built into the protocol of bitcoin. There will be a maximum of 21 million bitcoins. The new supply of new bitcoins will also half every 4 years. During the bitcoin halfings.
Back to PlanB. His price model has proven suprisingly accurate in the past. If it stays that way these are the vlaues that PlanB predicts, the price can fluctuate enormously around these numbers.
Year | June | December | % compared to the start of 2021 |
2022 | € 239.600 | € 242.126 | 919% |
2023 | € 249.170 | € 256.389 | 979% |
2024 | € 283.631 | € 733.367 | 2.986% |
2025 | € 2.501.577 | € 4.752.309 | 19.902% |
Attention: The table above is a model price. The model roughly shows where the price will be going. The price can deviate from the real price of bitcoin.
The 2018 lowpoint was €2.700, about 50% more than the model predicted. The highs can also really deviate. Bitcoin reached €17.000 at the end of 2017, the model price had it around €5.000.
At first glance this scenario might not look realistic. But we also have to account for inflation. If inflation keeps rising, then a million in 2021 will not be the same as it will be in 2025.
Down below you can see the model PlanB along with the Bitcoin price. The dark blue line shows 1 standard deviation. The light blue line shows 2 standard deviations. As shown, the price moves within the width of the model.
Historical Bitcoin analysis
How did bitcoin develop over the years? An overview of the most important highs and lows.
2009-2013
Bitcoin started in 2009, en had no value yet. There no exchanges, and the coin was only known to a handful of programmers.
In 2010 an American programmer bought two pizzas for 10.000 bitcoin. Back then these coins had a value of around €35,00. We hope the pizzas were worth it: today those two pizzas would be worth millions.
The first bitcoin exchanges started popping up in the summer of 2010. Mt. Gox was the biggest one at the time. Trading bitcoin got much easier all of a sudden, and the price saw a new all time high of more than €1.000!
2014-2016
Early 2014 disaster struck. Bitcoin exchange Mt. Gox went bankrupt, and that had its effects on the bitcoin price. The price dropped to €330 in march 2014
The following years were scarce, bitcoin kept trading between €200 en €300.
2017
If you have been investing in bitcoin for a longer period you probably remember 2017. Bitcoin started the year at €860. While getting massive media attentionbitcoin reached a new high of around €17.000.
2018-2019
A new bear market followed: A time during which prices keep going down for a longer period of time. In Februari bitcoin took a nose dive down to €7.000.
For the majority of the year the price moved between €6.000 and €8.000. The fall period was especially frustrating for bitcoin investors. The price only moved with a couple of euro's per day.
Most analysts thought that the real bottom had been reached, but bitcoin took one last dive down in November. Bitcoin reached its real bottom on December 15th, the price at that point was €2.800.
2020
the first two months looked good. Bitcoin was going towards the psychological barrier of €10.000
But then the corona virus struck the world. 12 March was an especially bad day for bitcoin. The price dropped down to €3.600
This was the perfect buying point for real daredevils. The price rebounded quikcly and around May bitcoin had almost returned to its February price.
After that things progressed quickly. Insitutions got into the market and pushed bitcoin to new records around Christmas. Bitcoin closed the year around €23.500.
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Invest safely
Bitcoin is a promising coin, but remember that the cryptomarket is very volatile. Never invest more than you are willing to lose. We also strongly advise you to do your own research. On our news site you can find the latest news on Bitcoin.