Expert prediction on Bitcoin 2030 priceĬertain members among the crypto community has expressed bullishness regarding Bitcoin’s 2030 price.

The launch played a key role in BTC surging to a record high.

The asset was also declared a legal tender in El Salvador in 2021, with several nations from Central and South America projected to follow suit.Īdditionally, the launch of the first Bitcoin futures exchange-traded fund ( ETF) in October offered retail investors diversification, protection, and liquidity while getting involved in the market. Since the emergence of Bitcoin, the asset has undergone significant adoption with the entry of institutions influencing the 2021 rally.

Other factors affecting Bitcoin price prediction Therefore, during the 2020 halving, Bitcoin was trading at $8,700, and based on this average, Bitcoin is likely to trade at $284,272 by the next halving event slated for 2024. Until 2030, Bitcoin is slated to experience two halving events.īetween the first two halving events, the Bitcoin price surged on average by 3,267%. From the last halving event, Bitcoin had surged 1,244% and rallied to about $49,000 on May 11, 2021, an increase of 463%.īy observing the recent halving trajectory, the asset’s price has been increasing and seems more consistent with the behaviour of the 2016 halving. The latest halving occurred on May 11, 2020, when Bitcoin traded at $8,700. The asset soared to over 506% from its pre-halving price. However, after the event in 2017, Bitcoin went into the crypto winter season with the price correcting significantly in 2018 to trade at $3,276 on December 17, 2018. Between the two halving events, Bitcoin surged 5,291%. The second event on July 9, 2016, saw the price of $647 increase to $19,800 in December. For instance, the first halving on November 28, 2012, increased the price from $12 to $1,200 a year later.

Previously, Bitcoin’s halving events have resulted in significant price surges.

Bitcoin price december 2017