Bitcoin (BTC) Price Prediction 2023-2040

Bitcoin, Bitcoin… Is there anything new to say about this cryptocurrency at this point? Even people who have zero interest in the industry have heard its name. As the number one cryptocurrency, it enjoys unimaginably high prices (up to $60K), a lot of attention, and, of course, much scrutiny.

Bitcoin, alongside the rest of the cryptocurrency market, is known for its ability to overcome any challenges and have strong comebacks despite everyone writing it off. Various financial experts have been predicting that the Bitcoin bubble will pop “in the near future” every month without fail for the past eight or so years. And yet, the coin still remains on top, and BTC investors enjoy high profits, patiently waiting for yet another meteoric BTC price rise.

However, the crypto industry is rapidly changing, and some crypto enthusiasts are starting to doubt whether Bitcoin is still worth investing in.

Please note that this is our long-term Bitcoin price prediction. This article does not constitute financial advice, and we are not investment advisors.

Bitcoin Overview

Bitcoin Price
$43,070.4

Bitcoin Price Change 24h
13.51%

Bitcoin Price Change 7d
22.6%

Bitcoin Market cap
$678,984,281,635.54

Bitcoin Circulating Supply
19,522,700 BTC

Bitcoin Trading Volume
$51,508,225,619.30

Bitcoin All time high
$68,789.63

Bitcoin All time low
$65.53

Bitcoin Price Prediction 7d
$45,435 (4.47)

Bitcoin Fear-Greed Index
71 (Greed)

Bitcoin Sentiment
Neutral

Bitcoin Volatility
5.84%

Bitcoin Green Days
18/30 (60%)

Bitcoin 50-Day SMA
$38,943

Bitcoin 200-Day SMA
$30,979

Bitcoin 14-Day RSI
62.45

Our real-time BTC to USD price update shows the current Bitcoin price as $43,070.4 USD.
Our most recent Bitcoin price forecast indicates that its value will increase by 2.89% and reach $44,748 by December 26, 2023.
Our technical indicators signal about the Neutral Bullish 74% market sentiment on Bitcoin, while the Fear & Greed Index is displaying a score of 71 (Greed).
Over the last 30 days, Bitcoin has had 18/30 (60%) green days and 5.84% price volatility.

Bitcoin (BTC) Technical Overview

When discussing future trading opportunities of digital assets, it is essential to pay attention to market sentiments.

Bitcoin Profit Calculator

Bitcoin (BTC) Price Prediction For Today, Tomorrow and Next 30 Days

Date
Price
Change

December 25, 2023$44,1231.45%December 26, 2023$44,4362.17%December 27, 2023$44,7482.89%December 28, 2023$45,0613.61%December 29, 2023$45,4354.47%December 30, 2023$45,8725.47%December 31, 2023$46,3086.47%January 01, 2024$46,7457.48%January 01, 2024$46,2776.4%January 02, 2024$46,5477.02%January 03, 2024$46,8177.64%January 04, 2024$46,7617.51%January 05, 2024$45,9315.61%January 06, 2024$45,1013.7%January 07, 2024$44,2801.81%January 08, 2024$43,465-0.06%January 09, 2024$42,650-1.94%January 10, 2024$41,980-3.48%January 11, 2024$41,328-4.98%January 12, 2024$40,819-6.15%January 13, 2024$40,943-5.86%January 14, 2024$41,066-5.58%January 15, 2024$41,155-5.38%January 16, 2024$41,206-5.26%January 17, 2024$41,256-5.14%January 18, 2024$41,402-4.81%January 19, 2024$41,575-4.41%January 20, 2024$41,690-4.15%January 21, 2024$41,072-5.57%January 22, 2024$40,455-6.99%

Bitcoin Prediction Table

Bitcoin Historical

According to the latest data gathered, the current price of Bitcoin is $$43,701.79, and BTC is presently ranked No. 1 in the entire crypto ecosystem. The circulation supply of Bitcoin is $855,671,393,319.11, with a market cap of 19,579,781 BTC.

In the past 24 hours, the crypto has increased by $65.55 in its current value.

For the last 7 days, BTC has been in a good upward trend, thus increasing by 3.67%. Bitcoin has shown very strong potential lately, and this could be a good opportunity to dig right in and invest.

During the last month, the price of BTC has increased by 15.88%, adding a colossal average amount of $6,939.84 to its current value. This sudden growth means that the coin can become a solid asset now if it continues to grow.

Bitcoin Price Prediction 2023

According to the technical analysis of Bitcoin prices expected in 2023, the minimum cost of Bitcoin will be $$44,123. The maximum level that the BTC price can reach is $$44,997.50. The average trading price is expected around $$45,872.

BTC Price Forecast for December 2023

Based on the price fluctuations of Bitcoin at the beginning of 2023, crypto experts expect the average BTC rate of $$45,215.50 in December 2023. Its minimum and maximum prices can be expected at $$44,123 and at $$46,308, respectively.

Bitcoin Price Prediction 2024

After the analysis of the prices of Bitcoin in previous years, it is assumed that in 2024, the minimum price of Bitcoin will be around $$19,475.48. The maximum expected BTC price may be around $$33,146.24. On average, the trading price might be $$46,817 in 2024.

Month
Minimum Price
Average Price
Maximum Price

January 2024
$42,069.04
$45,950.75
$44,009.90

February 2024
$40,015.08
$46,029.50
$43,022.29

March 2024
$37,961.12
$46,108.25
$42,034.69

April 2024
$35,907.16
$46,187
$41,047.08

May 2024
$33,853.20
$46,265.75
$40,059.48

June 2024
$31,799.24
$46,344.50
$39,071.87

July 2024
$29,745.28
$46,423.25
$38,084.27

August 2024
$27,691.32
$46,502
$37,096.66

September 2024
$25,637.36
$46,580.75
$36,109.06

October 2024
$23,583.40
$46,659.50
$35,121.45

November 2024
$21,529.44
$46,738.25
$34,133.85

December 2024
$19,475.48
$46,817
$33,146.24

Bitcoin Price Prediction 2025

Based on the technical analysis by cryptocurrency experts regarding the prices of Bitcoin, in 2025, BTC is expected to have the following minimum and maximum prices: about $$95,011.02 and $$118,164.52, respectively. The average expected trading cost is $$98,431.32.

Month
Minimum Price
Average Price
Maximum Price

January 2025
$25,770.11
$51,118.19
$40,231.10

February 2025
$32,064.74
$55,419.39
$47,315.95

March 2025
$38,359.37
$59,720.58
$54,400.81

April 2025
$44,653.99
$64,021.77
$61,485.67

May 2025
$50,948.62
$68,322.97
$68,570.52

June 2025
$57,243.25
$72,624.16
$75,655.38

July 2025
$63,537.88
$76,925.35
$82,740.24

August 2025
$69,832.51
$81,226.55
$89,825.09

September 2025
$76,127.14
$85,527.74
$96,909.95

October 2025
$82,421.76
$89,828.93
$103,994.81

November 2025
$88,716.39
$94,130.13
$111,079.66

December 2025
$95,011.02
$98,431.32
$118,164.52

Bitcoin Price Prediction 2026

The experts in the field of cryptocurrency have analyzed the prices of Bitcoin and their fluctuations during the previous years. It is assumed that in 2026, the minimum BTC price might drop to $$136,700.61, while its maximum can reach $$168,439.91. On average, the trading cost will be around $$141,622.18.

Month
Minimum Price
Average Price
Maximum Price

January 2026
$98,485.15
$102,030.56
$122,354.14

February 2026
$101,959.29
$105,629.80
$126,543.75

March 2026
$105,433.42
$109,229.04
$130,733.37

April 2026
$108,907.55
$112,828.27
$134,922.98

May 2026
$112,381.68
$116,427.51
$139,112.60

June 2026
$115,855.82
$120,026.75
$143,302.22

July 2026
$119,329.95
$123,625.99
$147,491.83

August 2026
$122,804.08
$127,225.23
$151,681.45

September 2026
$126,278.21
$130,824.47
$155,871.06

October 2026
$129,752.35
$134,423.70
$160,060.68

November 2026
$133,226.48
$138,022.94
$164,250.29

December 2026
$136,700.61
$141,622.18
$168,439.91

Bitcoin Price Prediction 2027

Based on the analysis of the costs of Bitcoin by crypto experts, the following maximum and minimum BTC prices are expected in 2027: $$230,910.46 and $$190,843.56. On average, it will be traded at $$197,924.68.

Month
Minimum Price
Average Price
Maximum Price

January 2027
$141,212.52
$146,314.06
$173,645.79

February 2027
$145,724.44
$151,005.93
$178,851.67

March 2027
$150,236.35
$155,697.81
$184,057.55

April 2027
$154,748.26
$160,389.68
$189,263.43

May 2027
$159,260.17
$165,081.56
$194,469.31

June 2027
$163,772.09
$169,773.43
$199,675.19

July 2027
$168,284
$174,465.31
$204,881.06

August 2027
$172,795.91
$179,157.18
$210,086.94

September 2027
$177,307.82
$183,849.06
$215,292.82

October 2027
$181,819.74
$188,540.93
$220,498.70

November 2027
$186,331.65
$193,232.81
$225,704.58

December 2027
$190,843.56
$197,924.68
$230,910.46

Bitcoin Price Prediction 2028

Crypto experts are constantly analyzing the fluctuations of Bitcoin. Based on their predictions, the estimated average BTC price will be around $$279,348.67. It might drop to a minimum of $$271,431.68, but it still might reach $$328,699.18 throughout 2028.

Month
Minimum Price
Average Price
Maximum Price

January 2028
$197,559.24
$204,710.01
$239,059.52

February 2028
$204,274.91
$211,495.35
$247,208.58

March 2028
$210,990.59
$218,280.68
$255,357.64

April 2028
$217,706.27
$225,066.01
$263,506.70

May 2028
$224,421.94
$231,851.34
$271,655.76

June 2028
$231,137.62
$238,636.68
$279,804.82

July 2028
$237,853.30
$245,422.01
$287,953.88

August 2028
$244,568.97
$252,207.34
$296,102.94

September 2028
$251,284.65
$258,992.67
$304,252

October 2028
$258,000.33
$265,778.01
$312,401.06

November 2028
$264,716
$272,563.34
$320,550.12

December 2028
$271,431.68
$279,348.67
$328,699.18

Bitcoin Price Prediction 2029

Every year, cryptocurrency experts prepare forecasts for the price of Bitcoin. It is estimated that BTC will be traded between $$386,885.99 and $$468,081.35 in 2029. Its average cost is expected at around $$398,059.93 during the year.

Month
Minimum Price
Average Price
Maximum Price

January 2029
$281,052.87
$289,241.28
$340,314.36

February 2029
$290,674.07
$299,133.88
$351,929.54

March 2029
$300,295.26
$309,026.49
$363,544.72

April 2029
$309,916.45
$318,919.09
$375,159.90

May 2029
$319,537.64
$328,811.70
$386,775.08

June 2029
$329,158.84
$338,704.30
$398,390.27

July 2029
$338,780.03
$348,596.91
$410,005.45

August 2029
$348,401.22
$358,489.51
$421,620.63

September 2029
$358,022.41
$368,382.12
$433,235.81

October 2029
$367,643.61
$378,274.72
$444,850.99

November 2029
$377,264.80
$388,167.33
$456,466.17

December 2029
$386,885.99
$398,059.93
$468,081.35

Bitcoin Price Prediction 2030

Cryptocurrency analysts are ready to announce their estimations of the Bitcoin’s price. The year 2030 will be determined by the maximum BTC price of $$666,162.23. However, its rate might drop to around $$541,861.39. So, the expected average trading price is $$561,764.39.

Month
Minimum Price
Average Price
Maximum Price

January 2030
$399,800.61
$411,701.97
$484,588.09

February 2030
$412,715.22
$425,344.01
$501,094.83

March 2030
$425,629.84
$438,986.05
$517,601.57

April 2030
$438,544.46
$452,628.08
$534,108.31

May 2030
$451,459.07
$466,270.12
$550,615.05

June 2030
$464,373.69
$479,912.16
$567,121.79

July 2030
$477,288.31
$493,554.20
$583,628.53

August 2030
$490,202.92
$507,196.24
$600,135.27

September 2030
$503,117.54
$520,838.28
$616,642.01

October 2030
$516,032.16
$534,480.31
$633,148.75

November 2030
$528,946.77
$548,122.35
$649,655.49

December 2030
$541,861.39
$561,764.39
$666,162.23

Bitcoin Price Prediction 2031

After years of analysis of the Bitcoin price, crypto experts are ready to provide their BTC cost estimation for 2031. It will be traded for at least $$804,023.14, with the possible maximum peaks at $$966,234.98. Therefore, on average, you can expect the BTC price to be around $$832,111.36 in 2031.

Month
Minimum Price
Average Price
Maximum Price

January 2031
$563,708.20
$584,293.30
$691,168.29

February 2031
$585,555.02
$606,822.22
$716,174.36

March 2031
$607,401.83
$629,351.13
$741,180.42

April 2031
$629,248.64
$651,880.05
$766,186.48

May 2031
$651,095.45
$674,408.96
$791,192.54

June 2031
$672,942.27
$696,937.88
$816,198.61

July 2031
$694,789.08
$719,466.79
$841,204.67

August 2031
$716,635.89
$741,995.70
$866,210.73

September 2031
$738,482.70
$764,524.62
$891,216.79

October 2031
$760,329.52
$787,053.53
$916,222.86

November 2031
$782,176.33
$809,582.45
$941,228.92

December 2031
$804,023.14
$832,111.36
$966,234.98

Bitcoin Price Prediction 2032

Cryptocurrency analysts are ready to announce their estimations of the Bitcoin’s price. The year 2032 will be determined by the maximum BTC price of $$1,404,305.55. However, its rate might drop to around $$1,215,361.04. So, the expected average trading price is $$1,256,966.61.

Month
Minimum Price
Average Price
Maximum Price

January 2032
$838,301.30
$867,515.96
$1,002,740.86

February 2032
$872,579.46
$902,920.57
$1,039,246.74

March 2032
$906,857.62
$938,325.17
$1,075,752.62

April 2032
$941,135.77
$973,729.78
$1,112,258.50

May 2032
$975,413.93
$1,009,134.38
$1,148,764.38

June 2032
$1,009,692.09
$1,044,538.99
$1,185,270.27

July 2032
$1,043,970.25
$1,079,943.59
$1,221,776.15

August 2032
$1,078,248.41
$1,115,348.19
$1,258,282.03

September 2032
$1,112,526.57
$1,150,752.80
$1,294,787.91

October 2032
$1,146,804.72
$1,186,157.40
$1,331,293.79

November 2032
$1,181,082.88
$1,221,562.01
$1,367,799.67

December 2032
$1,215,361.04
$1,256,966.61
$1,404,305.55

According to the latest data gathered, the current price of Bitcoin is $$43,702.49, and BTC is presently ranked No. 1 in the entire crypto ecosystem. The circulation supply of Bitcoin is $855,685,216,110.71, with a market cap of 19,579,781 BTC.

In the past 24 hours, the crypto has increased by $30.59 in its current value.

For the last 7 days, BTC has been in a good upward trend, thus increasing by 3.8%. Bitcoin has shown very strong potential lately, and this could be a good opportunity to dig right in and invest.

During the last month, the price of BTC has increased by 15.94%, adding a colossal average amount of $6,966.18 to its current value. This sudden growth means that the coin can become a solid asset now if it continues to grow.

What Is Bitcoin (BTC)?

Bitcoin is the first cryptocurrency that was created back in 2009. It is a decentralized digital currency that uses blockchain technology to facilitate trustless peer-to-peer transactions. BTC has the proof-of-work consensus mechanism, which means it relies on Bitcoin miners to secure its network.

In recent years, Bitcoin has been one of the most popular assets for investment: not only can it be extremely profitable due to the high volatility of the cryptocurrency market, but it is also very easy to invest in. All one needs to get Bitcoin is an Internet connection.

What Affects the Value of Bitcoin?

There are a lot of different factors that can affect the price of Bitcoin. Unlike most altcoins, its price movements do not depend as heavily on the rest of the crypto market and usually ends up being the one to set the trend. However, BTC is still responsive to the general factors that affect all markets like rising interest rates or huge crypto news, especially ones that either concern the industry as a whole or other big coins like Ethereum or Shiba Inu. 

Bitcoin’s price also gets affected by non-crypto news — a great example of that would be its price action in the spring of 2020. That’s why you should keep an eye on stock forecasts if you want to have a better understanding of the current Bitcoin price. Another news sector that those who invested in Bitcoin or are planning to do so should look out for is ecology.

Just like any other asset, Bitcoin gets affected by news related to it, be it about Bitcoin itself, crypto exchanges, or blockchain technology. Crypto prices usually go up when there is a piece of news related to mass adoption, new technological breakthroughs, and so on. On the other hand, any uncertainty can cause its value to plummet.

The events that affected the value of Bitcoin between Sep 2020 – Apr 2021
Source: zipmex.com

History of Bitcoin

Bitcoin’s price history is known to most crypto enthusiasts. From being ultimately nearly worthless, this coin has grown to become one of the biggest assets in the world. At its height, Bitcoin’s market cap was even higher than that of several established businesses. 

Let’s take a brief look at the Bitcoin price chart.

Upon looking at this chart, one thing that immediately becomes apparent is that Bitcoin’s price cycles keep on shortening. Additionally, despite the coin regularly losing value, the average value of Bitcoin keeps increasing. This shows a positive trend for the future.

“Will Bitcoin go back up?” is an evergreen question in the crypto market. The truth is, no matter how hard we study BTC price history and trends, we would not be able to predict this accurately. However, we can still consider these factors as well as today’s Bitcoin news to make a tentative prediction.

Bitcoin’s crypto market cap is still the highest in the industry, and it still has the most recognition. Its circulating supply is slowly approaching its total supply but there’s still a long way to go till we reach a point where there will be no new Bitcoins released.

Overall, Bitcoin price history shows us that there’s still room for this asset to grow even if there is a bear market.

Please note that this does not constitute investment advice.

Will Bitcoin Go Back Up?

Bitcoin price’s direction in the nearest future hinges on several macroeconomic factors and key events. 

The US Federal Reserve is anticipated to reduce interest rates, which could alleviate pressure on the cryptocurrency market and foster investment in Bitcoin. 

Additionally, potential legislation in the US aimed at providing clearer regulations for crypto investments might diminish investor uncertainty. As Bitcoin is currently regulated as a commodity in the US, more explicit rules could attract new investors.

The year 2024 also brings the Bitcoin halving event, historically followed by a surge in Bitcoin’s price, signaling the start of a bullish market trend. 

Furthermore, Bitcoin’s record-breaking transaction volume on November 19, 2023, along with a robust hash rate, has reinforced investor confidence and positively influenced its market value.

All these events are shaping a positive outlook on the future of Bitcoin. 

Technopedia, in their forecast, suggests that Bitcoin might reach a high of $98,000 in 2024, though it may not surpass the significant $100,000 mark. They anticipate an early low in the year around $21,500, with an average price consolidating around $65,000.

Prominent figures in the crypto world, like Marshall Beard from Gemini and Paolo Ardoino from Tether, also express optimism, foreseeing Bitcoin potentially retesting its all-time high near $69,000. However, this bullish sentiment isn’t universal. Some investors and large institutions maintain a bearish stance. For instance, Mark Mobius predicts a drastic decline to the $10,000 range, while Matthew Sigel from VanEck sees a possible drop to $12,000, citing rising energy costs. Standard Chartered even suggests a fall to $5,000 in 2023.

Bitcoin Price Predictions by Experts

The Bitcoin cryptocurrency is undoubtedly one of the most popular assets to invest in these days. Because the crypto market has a relatively low barrier to entry, even people who have never been interested in trading before can easily become crypto investors. As a result, there are a lot of Bitcoin price projections out there that aim to answer one simple question: Will it rise again in the future? 

Most experts are generally bullish on Bitcoin’s price. Some, like Digital Coin Price, think we will see the Bitcoin price equal almost $140K in the next five years. Others, however, make much less positive Bitcoin price predictions. Wallet Investor, for example, expects Bitcoin to go down to as low as 10K USD in the near future, and even claims it is possible that Bitcoin’s price might crash.

If Bitcoin’s price crashes, then the values of other cryptocurrencies are likely to follow suit.

On the surface, the crypto market is only ever-developing: more and more businesses are introducing crypto-related products and services. Yet, at the same time, many experts are starting to question the technology’s long-term viability. 

While significant public pushback against the new technologies can be explained away as fear and misunderstanding of something new, increasingly harsh regulations all around the world are making many experts wary of investing in crypto.

Unlike Ethereum or Solana, Bitcoin doesn’t have the benefit of being a sprawling ecosystem of highly varied crypto products and services. It is what it claims to be — Bitcoin is a digital currency, nothing more, nothing less. Coupled with its slow reaction to change and non-eco-friendly proof-of-work (PoW) consensus algorithm, Bitcoin is starting to seem less and less like a lucrative investment. 

Additionally, we’re currently in the middle of a crypto winter, and this industry isn’t exactly known for making rational investment decisions. There are a lot of holders with so-called “weak hands” who sell off all their crypto funds at the first sign of trouble, which adds tension to the market. 

Can Bitcoin’s price recover from all this and retake its previous highs? Well, it definitely has done it in the past. Of course, only time will tell how well BTC will do in the future, but we, alongside other crypto enthusiasts and experts, believe that its price still has a chance to soar.

Is Bitcoin a Good Investment?

No matter if it’s in a down- or uptrend, Bitcoin is almost always predicted to keep rising in the future. So, it can be a good investment. However, please DYOR and carefully consider the risks before investing in BTC or any other cryptocurrency.

Our Bitcoin price prediction is rather conservative and does not take into account any random media hype or unexpected regulations that may happen in the near future — these factors are too unpredictable. However, if you’re considering investing in Bitcoin, you need to make sure you’re ready for its price to fluctuate wildly.

Bitcoin is less risky than other cryptocurrencies, but it is still fairly unstable and unpredictable in comparison to traditional investment avenues like the stock market.

Bitcoin vs Fiat Currencies

Compared to cryptocurrencies, fiat currencies are a comparatively low-risk investment, especially ones like the US dollar. However, they can still definitely be considered risky assets.

Institutional investors have tentatively started putting their trust in Bitcoin and other cryptocurrencies. Nevertheless, digital assets definitely do not have the same relevancy as fiat money like the euro or the US dollar — at least, not yet.

Bitcoin is a higher risk, higher reward investment alternative to fiat money and other asset classes that gains additional value if you believe in its worth as a currency of the future.

Is it too late to buy Bitcoin?

History shows that it’s never too late to buy Bitcoin. The Bitcoin price today is still lower than its ATH, which means it may rise and go for a full-scale bull run again in the future.

FAQ

Is Bitcoin a good investment? 

The forecast for Bitcoin price is quite positive. It is expected that BTC price might meet a bull trend in the nearest future. We kindly remind you to always do your own research before investing in any asset. 

Can Bitcoin rise?  

In a five-year plan perspective, the cryptocurrency could probably rise up to $143,779.60. Due to price fluctuations on the market, please always do your research before investing money in any project, network, asset, etc.

How much will Bitcoin be worth 2023? 

BTC minimum and maximum prices might hit $33,016.25 and $39,784.65 accordingly. 

How much will Bitcoin be worth 2025? 

The Bitcoin network is developing rapidly. BTC price forecast for 2025 is rather positive. The BTC average price is expected to reach minimum and maximum prices of $67,625.22 and $83,868.30 respectively. 

How much will Bitcoin be worth 2030? 

BTC is provided with suitable environment to reach new heights in terms of price. BTC price prediction is quite positive. Business analysts predict that BTC might reach the maximum price of $505,014.84 by 2030.

Will Bitcoin ever hit $100K? 

Considering the fact that Bitcoin’s price has already doubled its value several times in the past, it is possible. However, it would require another market-wide price surge and at least one trip to the moon. 

Will Bitcoin go back down to $10K? 

It is possible. After all, the cryptocurrency market is incredibly volatile, and the question of crypto regulation remains uncertain. 

Is Bitcoin a good investment in 2023? 

Whether Bitcoin is a good investment or not depends on your portfolio and risk appetite. It is still going strong, and despite all the online doomposting coming from various stock market experts, the crypto market “bubble” still hasn’t popped. If it fits into your portfolio, and you believe in it as an asset, Bitcoin can indeed be a good investment in 2023.

How high can Bitcoin go in 10 years? 

In 10 years, Bitcoin can reach $100K or even hit $200K. As long as there are no threats to it in terms of competition and regulation, its finite supply and growing popularity should ensure that it keeps on reaching new price highs. 

Why can there only ever be 21 million Bitcoins? 

The simple answer to this question is “because it was designed that way.”  Well, but why can’t this limit be extended? Among other things, BTC’s finite supply acts as a deflationary measure and is one of the reasons why Bitcoin’s price is as high as it is. As for why this exact figure was chosen, there are a few theories about it. One states that it’s because the total value of all physical money in the world when BTC was developed was equal to $21 trillion. As a result, if Bitcoin had been then to completely replace fiat, 1 BTC would have been worth $1M, and one satoshi — $0.01.

Is Bitcoin a safe long-term investment? 

Bitcoin is a relatively safe investment compared to other cryptocurrencies. However, it is still a high-risk, high-reward type of asset and should not be seen as a reliable long-term store of value.

What happened to Bitcoin’s price?

Bitcoin hasn’t been able to reach its previous highs lately, but it might be slowly starting to bounce back.

Disclaimer: Please note that the contents of this article are not financial or investing advice. The information provided in this article is the author’s opinion only and should not be considered as offering trading or investing recommendations. We do not make any warranties about the completeness, reliability and accuracy of this information. The cryptocurrency market suffers from high volatility and occasional arbitrary movements. Any investor, trader, or regular crypto users should research multiple viewpoints and be familiar with all local regulations before committing to an investment.

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