Bitcoin Price prediction, Short/Long Forecast – CoinLore

The latest price for one Bitcoin/BTC coin is $30,160. It’s up by 4% in the last 24 hours. 53.04% of days, the price of BTC closed above the opening. The maximum price ever recorded in our base for one BTC is $67,505, it was 1 Year and 5 Months ago, currently price is down by -55.32% from that high.

From a total of 17 technical indicators, 12 calls to buy, and 4 to sell, the prediction sentiment short-term is bullish based on technical price analysis.The first major uptrend resistance for BTC is at the $32,243 level, it needs to close above that level to continue to move higher, and bottom support sits at $28,711. So if the price falls below $28,711, we may see the price go even lower. On the other hand, if it will be able to close above the $32,243 level, it can go up to the next resistance level at $39,046

The 14-day relative strength index (RSI) stands at 76.64 representing, Overbought conditions, overbought signals that price can drop in the near term.

On the daily chart, exponential moving averages show a bullish signal. Bitcoin price currently sits above all 10,20,50,100, and 200-day EMAs.

Historically the price of BTC last day of April was above the open price six times out of 11, and 5 out of 11 the price was lower than the price at start of the month. The best month for Bitcoin has been February for the last eleven years, eight times the price of BTC at the end of February was higher than the price at the start of the month. The worst month is September, eight times out of 11, the price at the end of September was lower than starting price. Check monthly performance for more details.

There were three bull runs that Bitcoin had, first ATH was in November 2013, and Bitcoin reached $1,156 soon after 413 days later price dropped to its lowest point at $211.73 before the next bull run, since November 2013 approx 4 years were needed to reach a new all-time high. The last bull run was in November 2021 since then 518 days have passed. Last time BTC needed 1405 days to reach new all time high.

According to our Bitcoin price prediction , the price of BTC can hit $31,113 in the next 10 days, what’s about the long-term forecast price for 2025 will be $221,485, and the prediction for 2030 is $369,701. Going even further, considering all previous highs and lower time frame prognoses, the prediction for 2040 is $1,018,422.

Bitcoin prediction for 2023 is $38,636. It’s the maximum price we expect BTC to reach by the end of this year, and the minimum is $10,502, so we expect the price to be in the $10,502 – $38,636 range.

Bitcoin forecast for the next year 2024 is $79,207 this is the maximum with our prediction and the minimum price is $16,587.