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Bitcoin Price Prediction 2022-2030 – How High Will BTC Reach? – Business 2 Community

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Bitcoin needs no introduction, as this disruptive cryptocurrency was the first to break down doors within the sector. Over the past few years, the coin’s rise has been exponential, paving the way for hundreds (or even thousands) of altcoins and crypto projects to carve out a niche within the broader market.
This guide will discuss our Bitcoin price prediction for both the short and long term, touching on the coin’s utility, its future potential, and where you can invest in BTC today – with low trading fees.
At the time of writing, the Bitcoin price today is hovering around the $31,500 level, following a sustained downtrend over the past few months. To help provide an overview of BTC’s long-term outlook, presented below is our price forecast for the years ahead:


Cryptoassets are a highly volatile unregulated investment product. 
BTC LogoBTC LogoAs the first cryptocurrency to hit the mainstream, Bitcoin has broken down many walls in the space and created a pathway for other projects to flourish. Although BTC was thought of as the ‘best’ crypto for a long time, other coins have sprung up that possess appealing use cases that have taken the attention away from Bitcoin. However, many investors still look to buy Bitcoin due to its value potential and low volatility relative to other coins.
In its most basic sense, Bitcoin is a decentralized peer-to-peer (P2P) digital currency that verifies transactions through blockchain technology. This technology is widely used in today’s cryptocurrency market, but back in 2009, when BTC was launched, the concept was alien to most industries.
Bitcoin’s creator, Satoshi Nakamoto, has remained anonymous since publishing his famous whitepaper in 2008, in which he detailed the specifics of how Bitcoin would function. BTC’s first-ever block was mined in early 2009, and the coin immediately began picking up traction from tech-savvy students and programmers. Nakamoto then handed over control of the code to another developer in 2010 and has not been seen or heard from since.
BitcoinBitcoin
The first recorded BTC price was in July 2010, when the coin began trading at $0.0008. Investors looking to buy cryptocurrency and gain exposure to this new technology helped drive Bitcoin’s price over the following years, seeing BTC’s price hit $250 in 2013. However, it wasn’t until mid-2017 that Bitcoin really entered the mainstream.
The price of Bitcoin rose a staggering 2,300% throughout the latter half of 2017, breaching the $19,000 level. A sustained bear market followed this high, which saw Bitcoin lose around 85% of its value. A few sporadic bullish spikes were dotted around during this time frame, although the real movement began in late 2020.
BTC Price ChartBTC Price Chart
From September 2020 until April 2021, Bitcoin rose by over 540%, hitting a high of $64,700. After a short pullback, the price surged once more, reaching an all-time high of $68,789, according to CoinMarketCap. However, this high was fleeting, and the price of Bitcoin has dropped by 53% at the time of writing.
Before we dive into our Bitcoin price prediction, here’s a brief overview of the point discussed thus far:
Bitcoin has been viewed as one of the best long term crypto investments for years due to the coin’s ‘first-mover’ status within the market. However, as touched on earlier, the Bitcoin crypto price has dropped significantly from November 2021’s all-time highs. Given this fact, what does the remainder of 2022 hold for Bitcoin?
One of the main things going in Bitcoin’s favour is its relatively solid standing within the crypto market. This reputation is not only driven by retail investor interest but also interest from institutional investors. Many well-known companies now hold BTC in their investment portfolios to gain exposure to the cryptocurrency sector.
A recent article from Yahoo Finance noted that asset managers held more than $70 billion worth of BTC in late 2021. At the time, this equated to nearly 8% of the coin’s circulating supply. The largest holder is Grayscale Investments, which issues a tradeable Bitcoin fund called Grayscale Bitcoin Trust.
Elon Musk BitcoinElon Musk Bitcoin
Even though the current Bitcoin price isn’t as high as it once was, many high net worth individuals also hold BTC. These include Changpeng Zhao, the founder of Binance, along with the Winklevoss Twins, Michael Saylor, Elon Musk, and more. There are also likely to be many more high-profile names who have purchased Bitcoin yet choose to remain out of the limelight.
Given this attention from industry-leading professionals and financial institutions, we’ll likely see Bitcoin retain its status within the crypto market for a while yet. The amount of money invested in BTC should see the coin continue to dominate in terms of market cap, providing a platform for a rebound. Due to this, our Bitcoin price prediction 2022 sees the coin return to the $50,000 level by the end of the year.


Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection.
Looking further ahead, what does our BTC price prediction look like for 2023? As noted earlier, numerous altcoins have launched over the past few years that look to capitalize on Bitcoin’s success. Many of these altcoins have been dubbed ‘superior’ to BTC in terms of speed and scalability.
In an objective sense, this does appear to be true. Ethereum is seen by many as the best cryptocurrency to invest in since it uses blockchain technology in a more innovative way than Bitcoin. Furthermore, other networks have also begun moving away from Bitcoin’s ‘Proof-of-Work’ (PoW) consensus to a ‘Proof-of-Stake’ (PoS) algorithm, which is much more scalable and environmentally friendly.
Bitcoin ATMBitcoin ATM
However, even though Bitcoin’s technology may be becoming outdated, the coin is still growing its adoption throughout the world as a payment method. As reported by Reuters, nearly 25% of small businesses in nine leading countries intend to begin accepting digital currencies as a payment method in 2022. Due to Bitcoin’s pervasiveness, there’s a good chance that BTC will be the coin of choice for these businesses.
Bitcoin ATMs have also become a popular concept, allowing users to deposit cash and purchase BTC (or other cryptocurrencies) using a physical kiosk. The bought crypto is then sent to the user’s crypto wallet via QR code, providing a quick and easy way to purchase digital currencies. According to reports, there are now over 30,000 Bitcoin ATMs worldwide.
These elements highlight just how widely-used BTC is, even though other coins may have the upper hand when it comes to real-world use cases and scalability. This pervasiveness should help the currency continue growing over time, which is why our Bitcoin price prediction 2023 estimates the coin could be worth $69,000 by this point.
At the time of writing, Bitcoin’s sustained downtrend has prompted many to speculate that it could be one of the most undervalued cryptos on the market. This is because, when it comes to crypto adoption from institutional investors, Bitcoin remains the most ‘viable’ option due to its market cap and relatively low volatility.
One of the most significant changes that could impact BTC’s price in the years ahead is the long-awaited release of a Bitcoin spot ETF. Although there are now numerous Bitcoin futures ETFs, all proposals for a spot ETF have been thrown out by the SEC. Their main concern is market manipulation potential, as the crypto market is still relatively unregulated.
Bitcoin ETFBitcoin ETF
However, the previous rejections of spot ETF applications have not deterred financial firms from continuing to try their luck. Grayscale Investments continues to try and persuade the SEC that now is the time for them to allow these types of investments, whilst other companies (such as Cathie Wood’s ARK Invest) have recently filed applications. If one of these ETFs were allowed to launch, it would provide direct exposure to Bitcoin’s price.
It seems like it’s only a matter of time before a spot Bitcoin ETF is made available, significantly increasing the accessibility of BTC investing for a considerable number of traders. With that in mind, our Bitcoin price prediction 2025 estimates that BTC could reach a valuation of $80,000 by the end of that year.


Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection.
Finally, let’s touch on our Bitcoin price prediction over the long term. As you’ll know by now, Bitcoin retains enormous support from both the crypto market and the traditional market. No other coin has this universal support, which is a plus point for BTC’s long-term potential.
Bitcoin’s price will likely be driven by a combination of real-world use cases and speculation. All of the best crypto exchanges offer BTC as a tradable asset, making it easy for beginner investors to get their hands on the coin. In addition, many other platforms (such as PayPal and Cash App) have now offered Bitcoin investing – increasing accessibility even more.
Bitcoin PayPalBitcoin PayPal
Returns continue to be low through ‘traditional’ investments, which has naturally seen many investors gravitate towards the crypto market. Although digital currencies are far more volatile than most asset classes, they do have the potential to generate market-beating returns. This is evidenced by the remarkable 302.8% return that Bitcoin provided in 2020 alone.
Overall, it’s likely that investment behaviours will continue to evolve in the years ahead – meaning cryptocurrency investing will likely become more commonplace. As such, our Bitcoin price prediction 2030 forecasts that the coin could reach the $120,000 level by this point.
The sections above have taken a deep dive into our Bitcoin price prediction for the years ahead. Presented below are some critical areas of note that BTC investors may wish to keep their eyes on going forward:
Deemed by many to be the best crypto to buy Reddit, Bitcoin remains a favourite of retail and professional investors alike. Let’s explore this further by touching on Bitcoin’s central use cases:
Bitcoin’s primary use case is as a method of payment. Since Bitcoin’s network is entirely decentralized, payments can be made in a near-anonymous manner. The only publicly viewable information is the wallet addresses involved in a BTC transaction.
Furthermore, Bitcoin does not accrue any banking fees traditionally associated with international transfers. Transfers are often much faster since they do not need to be authorized by a centralized authority.
Due to Bitcoin’s ‘Proof-of-Work’ consensus, advanced computer hardware is necessary to validate the transactions that occur on the network. In return for providing this hardware, ‘miners’ are rewarded in BTC.
Bitcoin MiningBitcoin Mining
Bitcoin miners receive a reward of 6.25 whenever they successfully add a block to the blockchain. At the time of writing, this equates to over $197,000 – highlighting how lucrative this process can be for those who possess the required computing power.
Finally, Bitcoin is also widely-used from an investment perspective, as discussed earlier in this article. The concept of cryptocurrency investing is still relatively new compared to equities and bonds, yet the adoption rate is increasing every year.
It is not uncommon for Bitcoin to generate double-digit returns within a single day, which is rare in the equity market, as investors who buy stocks will attest to. BTC is also great for diversification, as it is highly resilient in times of market turmoil, such as during the COVID-19 pandemic.
Like other asset classes, such as equities and ETFs, Bitcoin’s price is driven by supply and demand forces. But what actually affects these forces? Let’s take a closer look at this question:
Social media has become a widely-used resource for cryptocurrency traders to learn more about specific projects. However, Bitcoin remains the most talked-about digital currency on many platforms – and has over 4.3 million members on its official subreddit. Due to this, whenever the ‘hype’ picks up on social media, it tends to lead to more investment from retail traders, which results in price increases. 
Naturally, the more use cases Bitcoin has, the greater the demand for the currency. As we know from the laws of supply and demand, when demand increases, the price also increases (assuming supply remains the same or decreases).
Crypto adoption statsCrypto adoption stats
Therefore, concepts like Bitcoin ATMs have greatly helped bring BTC into the mainstream – even for people who don’t fully understand the technology. Bitcoin is now accepted as a payment method by retailers worldwide since it is often cheaper to transact and more transparent than FIAT currencies.
Finally, the level of institutional investment is something that can affect Bitcoin’s price. Naturally, if major investment banks were to invest in BTC, this would be a bullish signal to the rest of the market. This has already begun to happy, with banks like Barclays and Citigroup already making BTC investments.
This also ties into the anticipated spot Bitcoin ETF, which many hope will appear in the next few years. An ETF like this would enable a new demographic to gain exposure to Bitcoin’s price fluctuations without dealing with the intricacies of crypto trading (e.g. wallets, blockchain technology, etc.). In turn, this would help raise Bitcoin’s visibility and positively affect its price.
etoro logoetoro logoAlthough Bitcoin may not be the next crypto to explode due to its ‘mature’ status within the broader market, it still retains massive support from the investment community. As such, the vast majority of brokers and cryptocurrency exchanges will now allow users to invest in BTC – with many even offering derivatives markets. However, although this is undoubtedly a good thing, it can be challenging to narrow down the selection.
Through our research and testing, we’ve found that eToro offers the best place to buy Bitcoin quickly and easily. eToro is one of the world’s leading online brokers, with over 24 million registered users. Much of eToro’s appeal comes from the platform’s strict security since it is regulated by leading bodies, including FinCEN, FINRA, CySEC, ASIC, and the FCA.
When it comes to fees, eToro charges a 1% commission on buy and sell orders (plus the market spread). eToro’s minimum investment threshold is only $10, meaning the platform is ideal for beginner investors looking to start small and build their way up. Creating a portfolio is also easy, as eToro offers over 60 leading cryptocurrencies to trade (including BTC).
eToro crypto investingeToro crypto investing
In terms of deposits, eToro allows users to fund their accounts instantly using a credit/debit card or e-wallet (such as PayPal). Bank transfers are also accepted, with all methods free to use if depositing in USD. Again, the minimum deposit is only $10 – although eToro offers a free demo account feature for investors who wish to experience the platform risk-free.
Finally, eToro also offers one of the best crypto wallets on the market, supporting thousands of crypto-assets. This wallet can be downloaded for free on iOS and Android devices and provides a safe and user-friendly way to store Bitcoin.
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Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection.
Lucky BlockLucky BlockLucky Block coinLucky Block coinAs highlighted by the Bitcoin price chart, BTC has undoubtedly provided market-beating returns on several occasions. However, due to Bitcoin’s maturity in the market, exponential price increases may now be a thing of the past. Thus, it may be best to look elsewhere for risk-seeking investors aiming for these types of returns.
One coin making waves in the market this year is Lucky Block. Lucky Block is a new crypto-gaming platform built on the BNB Chain that leverages the power of blockchain technology to provide fair and consistent prize draws. All draws are facilitated in LBLOCK, Lucky Block’s native token, allowing for near-instant prize distribution.
LBLOCK can also be used for speculation and was launched on one of the best DeFi exchanges, PancakeSwap, in early 2022. This was met with huge acclaim from investors and caused the coin’s price to surge over 3,000% from the pre-sale price. In turn, this made Lucky Block the fastest crypto ever to reach a fully-diluted market cap of $1 billion.
Lucky BlockLucky Block
Since then, Lucky Block has gone from strength to strength and launched its long-awaited prize draws on May 31st 2022. The inaugural draw was completed by international rap star Swae Lee, who picked one lucky ticket holder to win $1,000,000. Lucky Block’s daily prize draws are set to commence on June 6th, with LBLOCK holders receiving a complimentary ticket simply for connecting their wallet to the Lucky Block app.
Finally, Lucky Block NFTs have also continued to grow in popularity, as each one acts as an entry ticket into exclusive NFT prize draws, estimated at $10,000 per day. Thus, by owning a Lucky Block NFT and holding LBLOCK in a connected crypto wallet, users can receive free entry into two draws each day – whilst still benefitting from any value appreciation in the NFT that may occur.


Cryptoassets are a highly volatile unregulated investment product. 
This article has presented a comprehensive Bitcoin price prediction for the months and years ahead, touching on Bitcoin’s utility and value potential. Although the coin has lost its footing in recent months, BTC still retains its place as the most widely-used crypto – providing a strong platform for future success.
However, Lucky Block is a viable alternative investment for those looking to build a diversified crypto portfolio. Lucky Block is an innovative ‘crypto-gaming’ platform that conducts daily prize draws hosted on the blockchain. Investors can purchase LBLOCK, Lucky Block’s native token, to speculate on the platform’s growth – which has already netted pre-sale investors quadruple-digit returns.
Lucky Block coinLucky Block coin


Cryptoassets are a highly volatile unregulated investment product. 
The Bitcoin price prediction within this guide forecasts that the coin could reach $50,000 by the end of 2022. This would be a 60% increase from the current Bitcoin price.
At the time of writing in June 2022, the price of Bitcoin is hovering around the $31,500 level. This represents a drop of around 55% from November 2021’s all-time highs.
The first recorded price of Bitcoin was $0.0008 back in July 2010. Not long after this, the famous pizza transaction was made in BTC – the first-ever commercial transaction.
Bitcoin’s all-time high was posted on November 10th 2022, when the coin hit $68,789. However, this high was short-lived, and BTC has been on an extended downtrend ever since.
Our Bitcoin forecast estimates that BTC could be worth $80,000 by 2025. This would represent a return of 157% for those who invested today.
Over the next five years, BTC will likely continue to become more widely adopted by both online and offline merchants. As such, there’s every chance that Bitcoin could hit $100,000 by 2027.
Through our research and analysis, we estimate that BTC could reach $69,000 by 2023. This would be just above the all-time highs posted in November 2021.
Our Bitcoin price prediction estimates the coin could hit $120,000 by 2030. This would likely be driven by greater adoption by financial institutions and the long-awaited release of a spot Bitcoin ETF.
  This article was written for Business 2 Community by Connor Brooke.
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