Is “Bitcoin” a Good Investment?
Historical index for the Bitcoin price prediction: B+ “Should I invest in Bitcoin CryptoCurrency?” “Should I buy BTC today?” According to our Forecast System, BTC is a good long-term (1-year) investment*. Bitcoin predictions are updated every 3 minutes with latest prices by smart technical analysis. Q&A about BTC projections. See Our Other Forecasts
At News Alarms, we predict future values with technical analysis for wide selection of digital coins like Bitcoin. If you are looking for virtual currencies with good return, BTC can be a profitable investment option. Bitcoin price equal to 9159.000 USD at 2020-07-20. If you buy Bitcoin for 100 dollars today, you will get a total of 0.01092 BTC. Based on our forecasts, a long-term increase is expected, the price prognosis for 2025-07-19 is 14139.20 US Dollars. With a 5-year investment, the revenue is expected to be around +54.37%. Your current $100 investment may be up to $154.37 in 2025.
About Bitcoin Price Prediction 2020-2025
Bitcoin price prediction for July 2020.
In the beginning price at 9136 Dollars. Maximum price $9950, minimum price $8491. The average for the month $9180. Bitcoin price forecast at the end of the month $9144, change for July 0.1%.
BTC to USD predictions for October 2020.
In the beginning price at 8770 Dollars. Maximum price $10267, minimum price $8770. The average for the month $9351. Bitcoin price forecast at the end of the month $9595, change for October 9.4%.
Bitcoin Price Prediction 2021
Bitcoin has been performing quite well and recently it has started with its bull run. This has taken the market by amazement. Now the traders and investors are in a state where they are trying to make optimum utilization of the bull run. The more the trading, the more the price. Moreover, as we know, Bitcoins are scarce in circulation, i.e. there can be only 21 million Bitcoins mined, out of which 17 million has been mined already, which means only 4 million to be mined, which will make its value more. Additionally, several countries like the U.S., Japan, and South Korea have shown extreme willingness to integrate Bitcoin and other cryptocurrencies into their financial systems by setting up regulated markets that might function freely and securely. By the end of the year 2021, the Bitcoin price will reach $23,499.
Bitcoin Price Prediction 2022
Bitcoin might experience unexpected growth by 2022, with the adoption rate getting tripled. Bitcoin might be accepted by the masses worldwide as the most feasible payment system, which is hassle-free. Bitcoin anyway is not far off before it takes the sweet spot for fiat currencies, and most of the developed world might see the change coming in faster than the rest. By 2022, Bitcoin might reach $32,000, given the advancements are stable.
Bitcoin Price Prediction 2025
Bitcoin price prediction suggests that the Bitcoin price is up for a long-term 385.450281% in the BTC price value with a 5-year investment. This means that in 2025, the Bitcoin price is forecasted to stand at $ 50044.6. (Bitcoin Future Prediction)
Bitcoin might touch the $50k mark in the year 2025, which can take the crypto market to a whole different height altogether. As per the predictions and analysis, Bitcoin stays securely to number one position, without any close contender. Gradually, Bitcoin might be seen more as a store of value, along with it being an alternative currency. There are certain Bitcoin price prediction tools that help experts come up with data. The fiat currencies might be replaced by Bitcoin, as predicted by crypto enthusiasts like John McAfee.
By 2025, Bitcoin might be used more often by more people, i.e, the real-time use case will be increased, which will make it even more powerful.
Bitcoin Bullish Scenario After Bitcoin Halving
Bitcoin went bullish after the third Bitcoin halving on May 11, 2020. That was a breakout of the major trendline above $14k mark, which happened back in 2017. Under a key level of $10k, the Bitcoin price showed extreme volatility. 4 years back, when the 2nd bitcoin halving took place, Bitcoin’s price showed volatility as well, as it surged not right after the halving process, but over the course of next year to reach as high as $2526 on July 2017.
Short Term Bearish Scenario Post Bitcoin Halving
There was a short term bearish scenario as several Bitcoin investors estimated BTC to fall as low as $6500. As per “Dave the Wave”, a BTC trader, if the price of Bitcoin continues to move based on a fractal taken from 2019, it might pullback to the $6000 region. Cryptocurrency investor, Scott Melker said, the market observed a strong shakeout on May 10, when the price of BTC suddenly dropped to $8,100.
Bitcoin Halving Explained
Bitcoin Halving is the phenomenon in which the miner reward keep on halving, or decrease by 50% after every four years, which happens after mining 210,000 blocks. Satoshi, the creator of Bitcoin wanted to create a system that would be self-sustaining, similar to gold mining. So, in order to control supply, he came up with the method of Bitcoin halving. The 3rd Bitcoin Halving just got over, a few days back., where the block reward reduced from 12.5 BTC to 6.25 BTC. The crypto space was filled with hysteria, as prior to the halving process, Bitcoin touched the 10,000 USD mark.