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Bitcoin (BTC) price prediction 2024

A panel of industry specialists give us their predictions on the price of Bitcoin in 2024.

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Finder analyses expert price predictions each quarter. We conducted our most recent survey in April 2024, in which our panel of 31 crypto industry specialists shared their thoughts on how Bitcoin will perform through 2030.

All prices mentioned in this report are denominated in US dollars.

On average, our panelists think Bitcoin (BTC) will be worth $109,141 before 2024 is out. They think it will then rise to $150,996 by 2025 and $567,489 by 2030.

Bitcoin price predictions for 2024, 2025 and 2030

Bitcoin's price is expected to rise to $109,141 by year-end 2024, according to the average prediction from Finder's panellists.

Our most bullish panelists see BTC trading at $268,000 by the end of 2024, while our most bearish panelist sees it well below where it is now ($20,000) by the end of the year.

Our panellists also predict BTC will hit $150,996 by 2025 and $567,489 by 2030. They were more bullish than in our most recent survey from January 2024, when the long-term prediction for 2025 came in at $122,688 and $366,935 for 2030.

One of our more bullish panellists, Pedro Febrero, VP of Web3 for RealFevr, thinks the price of BTC will hit $200,000 by the end of 2024, saying that:

"The recent Bitcoin price movement shows the impact of the newly launched exchange-traded funds (ETFs). Now that a new ATH has been achieved, I suspect more buyers will flood the market and push $BTC even higher."

Nick Forster, the cofounder of Lyra, is similarly bullish, saying that BTC could close out 2024 at $180,000, adding that factors including the halvening and the Bitcoin ETF have caused a paradigm shift for investors.

"It seems irresponsible to not allocate 1% [to] 3% of a portfolio to crypto via the ETF. [We] will continue to see fund managers do this, even for risk-averse clients."

At the other end of the spectrum is John Hawkins, senior lecturer at the University of Canberra, who sees the price of Bitcoin falling to $20,000 before the year is out.

"[Bitcoin] remains a speculative bubble. In over a decade, it has failed to become the accepted means of payment it was designed to be. To do this, it would need a much [more stable] value. But the paradox is that if the price was steady, the gamblers — who are most of its holders — would lose interest and sell, driving down the price."

How high and low will BTC go in 2024?

The average peak price our panellists predict Bitcoin will hit at some point in 2024 is $121,764 with some predicting it will climb as high as $285,000.

The average lowest price our panellists predict Bitcoin will hit at some point in 2024 is $50,138, with some predicting it will fall as low as $20,000.

Jeremy Britton, the CFO of BostonTrading.co, believes we'll see BTC reach $285,000 at some point in 2024.

"This is the only planet with Bitcoin. Elon Musk could fly to Mars and find a million tonnes of copper or mine an asteroid to get a trillion Troy ounces of gold, and the commodity prices would plummet. Nothing else in the galaxy is more scarce than Bitcoin. Bitcoin's top price is infinite because fiat cash printing is unlimited."

Sathvik Vishwanath, the Founder of Unocoin Technologies PVT LTD, is also quite bullish, as he thinks we'll see BTC crest $150,000 in 2024.

"Analysis of historical price trends, market sentiment, adoption rates, and macroeconomic factors such as inflation and geopolitical events informed the Bitcoin price predictions. BTC's current price is seen as underpriced due to its growing adoption as a hedge against inflation and increasing institutional interest. These factors suggest a bullish trajectory for Bitcoin's value, supported by its limited supply and growing demand from both retail and institutional investors."

Josh Fraser, the Co-founder of Origin Protocol, is a bit less bullish but still thinks we'll see BTC hit $150,000 at its peak in 2024.

"Bitcoin ETFs will continue to bring billions of dollars in new inflows to Bitcoin in 2024. The halving will further limit the [number] of BTC on the market, acting as a major price catalyst. In the long-term, Bitcoin will outcompete gold as a more accessible, divisible and transferrable asset, leading to my $1.1M BTC price prediction by 2030."

Kadan Stadelmann, the CTO at Komodo Platform, thinks BTC is in for a bumpy year — with a lowest price prediction of $39,450 and a peak prediction of $133,000.

"The combination of increased institutional demand for Bitcoin and the momentum around the halving is likely to propel BTC prices higher during the latter half of 2024 and possibly through the early half of 2025."

Henry Robinson, the president & cofounder at Decimal Digital Currency, also believes BTC investors should prepare for volatility, as he believes BTC's price could drop well below its current price.

"Demand from ETFs has proven tremendous with no signs of stopping. The entire wealth management world has been on-ramped to Bitcoin."

Is now the time to buy, sell or hold BTC?

The majority of our panelists believe it's a good time to buy BTC.

To be exact, 61.3% think Bitcoin is a buy at its current price, while 32.3% believe it's a good time to hold the asset. Only 6.5% think it's time to sell.

Andy LaPointe, the Crypto Product Manager of CryptoWisdom.com, believes it's time to buy BTC.

"The halving event, [along with] the purchase of Bitcoin by EFT managers, will cause increased scarcity in the marketplace. In addition, institutional investors and investment advisors now have a regulated Bitcoin product they can allocate into model portfolios. Also, as more businesses and governments across the globe recognise Bitcoin as a payment option or investment, global demand will continue to place buying pressure on Bitcoin."

Jeremy Eng Tuck Cheah, an associate professor of decentralised finance at Nottingham Trent University, is one of the few in the sell camp and sees the halving as an opportunity to sell the asset before it comes back to earth.

"There is a lot of hype around halving, and so the irrational exuberance will dissipate after the event and return to a more sensible level."

Buy, sell or hold after the halving?

While the majority of panelists say it's time to buy Bitcoin, there is a shift in their attitudes post-halving, with just 43% saying you should be buying after the halvening. The largest segment say you should look to hold your BTC (47%), with 10% saying you should sell.

Is Bitcoin (BTC) overpriced, priced fairly or underpriced?

Close to half (47%) of our panelists feel that Bitcoin is currently selling at a discount.

40% feel that Bitcoin is currently priced fairly, and 13% say it's overpriced.

Founder and CEO of Omnia Markets, Inc., Mitesh Shah, says that BTC is currently underpriced and is poised to rally.

"Bitcoin is currently exhibiting two historically unprecedented phenomena that are likely contributing to significant price appreciation and volatility. [...] The consistent growth of daily net inflows into the spot ETFs is a huge trend. This is significant because large institutions typically require extended periods to make a decision and deploy capital, suggesting the potential for further increases this summer and beyond."

Julian Hosp, CEO of Cake Group, believes BTC is currently overpriced due to "Bitcoin ETF hype."

What's the main factor that would lead to BTC reaching $100k?

If you're betting that BTC will tick over $100,000, a sizable chunk of a panel (42%) say that will only come if more capital flows into spot Bitcoin ETFs. Increased institutional adoption (35%) is also something our panel sees as a core driver for BTC to successfully push to $100K.

Senior legal counsel for Mercuryo, Adam Berker, says "institutional adoption leading to BTC ETF inflows" is one factor that could drive a bull trend.

Lee Smales, professor of finance at the University of Western Australia, concurs, adding that "significant demand from institutional investors and inclusion in ETFs is a prime driver."

How long will the bull run last?

The majority of our panel (57%) see the good times rolling long into the future, predicting that the bull run will last into 2025 and beyond.

Martin Froehler, CEO of Morpher, sees greener pastures ahead, saying, "2024 is an election year, which is usually a time for stimulus and over-spending. All this is bullish for scarce assets like real estate, gold, and Bitcoin."

Managing director of Rouge International and Rouge Ventures, Desmond Marshall, is more pessimistic and sees BTC crashing back to earth before the month is out as scammers look to take advantage of newbs.

"[The] halving will likely scare a lot of first-time amateurs who may be scammed or got on the bandwagon before the halving [...] there will be many scammers/exchanges running off with all-time highs before the halving, causing further distrust of the token and probably a strong hit by SEC/Govt around the world to impose new laws."

When do you think Bitcoin will reach its post-April 2024 halving peak?

About a third (30%) of the panel see Bitcoin reaching its post-April 2024 halving peak sometime in the second half of 2024, with a touch over a quarter (27%) saying it will come in the second half of 2025.

At what price do you think BTC will peak between the next two halving events?

Less than 1 in 10 (7%) think you'll see BTC going for less than $100,000 between the April halving and the next halving event (sometime in 2028).

Two large tracts of the panel see Bitcoin being worth between $176K and $200K (24%) or $201K and $225K (21%).

Based on the current price of BTC and historical movements, Ryan Grace, the head of tastycrypto, sees Bitcoin going between $176K and $200K.

"While the sample size is small, if we look at returns over prior halving cycles, the magnitude of return has fallen by about 70% each cycle. If we assume a similar outcome this cycle, a 150% return is realistic, from the price on the date of the halving to its cycle peak."

Meet the panel


Prediction
$90,000
Buy/sell/hold
Holdback_hand
Bitcoin is a highly volatile asset that is prone to numerous externalities and is solely driven by supply and demand. There are multiple conflicting and unpredictable factors associated with Bitcoin's behavior. Therefore, we may end up seeing substantial fluctuations in its price and value. Regulation, increasing cost of living and monetary reactions from centralised finance will be the main contributing factors to Bitcoin price.

Prediction
$62,822
Buy/sell/hold
Holdback_hand
Bitcoin's demand is driven by lack of trust in fiat currencies and financial intermediaries …Therefore, its price will be determined by the market's perceptions of global monetary policy. But politics matter as well. If Trump wins, this may cause a temporary pullback in crypto as the market will see him as less dovish than the Biden administration (or any Democratic administration for that matter).

Prediction
$100,000
Buy/sell/hold
Buyshopping_basket
The upcoming halving and the approval of spot Bitcoin ETFs has increased both retail and institutional investor interest in Bitcoin. The halving event, along with the purchase of Bitcoin by EFTs managers, will cause increased scarcity in the marketplace. In addition, institutional investors and investment advisors now have a regulated Bitcoin product they can allocate into model portfolios. Also, as more businesses and governments across the globe recognise Bitcoin as a payment option or investment, global demand will continue to place buying pressure on Bitcoin.

Prediction
N/A
Buy/sell/hold
Holdback_hand
N/A

Prediction
$150,000
Buy/sell/hold
Buyshopping_basket
Demand from ETFs has proven tremendous with no signs of stopping. The entire wealth management world has been on ramped to Bitcoin.

Prediction
$100,000
Buy/sell/hold
Buyshopping_basket
Bitcoin is currently exhibiting two historically unprecedented phenomena that are likely contributing to significant price appreciation and volatility. Firstly, the achievement of an ATH before a halving event. Secondly, institutional investment in Bitcoin now exceeds the rate of new supply generation. Additionally, the consistent growth of daily net inflows into the spot ETFs is a huge trend. This is significant because large institutions typically require extended periods to make a decision and deploy capital, suggesting the potential for further increases this summer and beyond.

Prediction
$133,000
Buy/sell/hold
Buyshopping_basket
The combination of increased institutional demand for Bitcoin and the momentum around the halving is likely to propel BTC prices higher during the latter half of 2024 and possibly through the early half of 2025.

Prediction
$91,000
Buy/sell/hold
Buyshopping_basket
The halving event is expected to cause a significant surge in the BTC price if we compare the previous trends. BTC demand is constantly increasing, and hence its value will increase substantially since Institutional and retail investors are constantly growing.

Prediction
$120,000
Buy/sell/hold
Holdback_hand
This year's Crypto rally went ahead of schedule. Bitcoin fares better than we expected as inflows after the ETF launch have a big impact, despite months before halving usually bearish for the cryptocurrency. Nevertheless, it is safer to bet on the usual amplitude of Bitcoin's rally we saw after halving, not a bigger one.

Prediction
$20,000
Buy/sell/hold
Sellsell
The current run-up in price seems mainly related to the spot ETFs. But when the ETFs based on Bitcoin futures were launched in Oct 2021, the price also reached an all-time high, only to crash over the following year. Having ETFs still does not give Bitcoin any fundamental value or legitimate use. It remains a speculative bubble. In over a decade, it has failed to become the accepted means of payment it was designed to be. To do this, it would need a much more stable value. But the paradox is that if the price was steady, the gamblers — who are most of its holders — would lose interest and sell, driving down the price.

Prediction
$133,000
Buy/sell/hold
Buyshopping_basket
Bitcoin ETFs will continue to bring billions of dollars in new inflows to Bitcoin in 2024. The halving will further limit the amount of BTC on the market, acting as a major price catalyst. In the long-term, Bitcoin will outcompete gold as a more accessible, divisible, and transferrable asset, leading to my $1.1M BTC price prediction by 2030.

Prediction
$75,000
Buy/sell/hold
Sellsell
There is a lot of hype around halving and so the irrational exuberance will dissipate after the event and return to a more sensible level.

Prediction
$100,000
Buy/sell/hold
Holdback_hand
The primary catalyst of the current crypto bull market has been the vast inflow of institutional capital following the SEC's approval of the first Bitcoin spot ETFs. Demand is already outstripping supply, reportedly by a factor of 10. This is coupled with the anticipated supply shock of the upcoming halving event, where the supply of new Bitcoins entering the market is cut in half. Retail investors are also returning to crypto, with many exchanges reporting an increase in new registrations.

Prediction
$90,000
Buy/sell/hold
Buyshopping_basket
Supply shock as there will be no more BTC left very soon.

Prediction
$120,000
Buy/sell/hold
Buyshopping_basket
Analysis of historical price trends, market sentiment, adoption rates, and macroeconomic factors such as inflation and geopolitical events informed the Bitcoin price predictions. BTC's current price is seen as underpriced due to its growing adoption as a hedge against inflation and increasing institutional interest. These factors suggest a bullish trajectory for Bitcoin's value, supported by its limited supply and growing demand from both retail and institutional investors.

Prediction
$65,000
Buy/sell/hold
Buyshopping_basket
Halving will likely scare a LOT of first-time amateurs who may be scammed or got on the bandwagon before the halving. The economy is NOT picking up, especially with supercore inflation rates, even with a US interest rate cut, it will NOT be a lot — hence, investors will still see gold and BTC to be a safe haven asset. However, there will be many scammers/exchanges running off with all-time highs before the halving, causing further distrust of the token, and probably a strong hit by SEC/Govt around the world to impose new laws. With the US election coming in Nov 2024, with Trump most likely a winner (considering the number of supporters), there should be a reinjection of hope to the general and traditional economy, pulling money away from BTC+gold and back into trade/stocks. Of course, any new wars/conflicts may turn the tables back.

Prediction
$268,000
Buy/sell/hold
Buyshopping_basket
This is the only planet with Bitcoin. Elon Musk could fly to Mars and find a million tonnes of copper or mine an asteroid to get a trillion Troy ounces of gold, and the commodity prices would plummet. Nothing else in the galaxy is more scarce than Bitcoin. Bitcoin's top price is infinite because fiat cash printing is unlimited.

Prediction
$130,000
Buy/sell/hold
Buyshopping_basket
I am into the Crypto space for many years. Figuring out where Bitcoin's price is headed is a mix of deep dives into market trends and a bit of gut feeling. I track how the price has been moving lately, how much Bitcoin is being traded, and what people are thinking about it all. This helps me get a sense of the market's mood. On top of that, I look at bigger things like how many people are using Bitcoin, how Jan ETF's approval changing the landscape and how each of the ETFs is getting more adaptation (price point), any new tech developments such as automatic trading and other new players in that space. Even the overall economy and what's happening in the world can play a role. Those times when Bitcoin production gets cut in half (halving), which has driven prices up before, are also on my radar. But even with all this information, there's a bit of an art to it all, understanding what people are thinking that might make the price go crazy. While I try my best to make educated guesses based on what I see, the crypto market can be wild, and something unexpected or a sudden change in mood could send Bitcoin prices in a whole new direction. On top of all of this, I run my Crypto business exactly to solve this.

Prediction
$80,000
Buy/sell/hold
Buyshopping_basket
Technical & Statistical Analysis based on a proprietary predictive model.

Prediction
$100,000
Buy/sell/hold
Buyshopping_basket
The first cryptocurrency is still a unique asset in the world due to its decentralization, and limited issuing. However, the problem of quite poor market depth will be the main reason for elevated volatility in the following years

Prediction
$100,000
Buy/sell/hold
Buyshopping_basket
Bitcoin ETF net inflows will likely continue throughout the rest of the year. The Fed, ECB, and other Central Banks are done with monetary tightening. 2024 is an election year, which is usually a time for stimulus and overspending. All this is bullish for scarce assets like real estate, gold and Bitcoin.

Prediction
$120,000
Buy/sell/hold
Buyshopping_basket
Regulatory: The cases between the United States and many large institutions and exchanges have been settled, and the BTC Spot ETF has been approved. Hong Kong, Japan, Thailand and other regions are accelerating their embrace of blockchain. In terms of technological innovation: Bitcoin asset issuance protocols BRC20, ARC20, SRC20, etc. are all eye-catching. These protocols have enhanced the use cases and consumption of BTC. The popularity of BTC Layer2, such as Merlin, has also made BTC applications more vibrant. On the impact of macroeconomics and major events: Pantera Capital recently published an article called 'The Absence of Bad Things.' Indeed, all kinds of rare and crazy bad things will happen in 2022 and 2023, and the fluctuations in the global macro market are generally unprecedented. In 2024, the interest rate hike is over and the BTC Spot ETF has passed. On March 12, the single-day net inflow of the BTC Spot ETF reached an astonishing US$1 billion. The BTC halving gave the miners with huge funds more motivation to push up. BTC price… These facts make us optimistic about the future.

Prediction
$180,000
Buy/sell/hold
Buyshopping_basket
The halvening, so a large supply shock incoming ETF caused a paradigm shift. Now, it seems irresponsible not to allocate 1-3% of a portfolio to crypto via the ETF. Will continue to see fund managers do this, even for risk-averse clients.

Prediction
$180,000
Buy/sell/hold
Buyshopping_basket
There is huge ETF demand. There is a halving that will reduce supply. And a supply and a demand shock coming. And many people are not interested in selling.

Prediction
$98,700
Buy/sell/hold
Buyshopping_basket
Looking at previous data regarding the halving and taking into consideration the ETF flows

Prediction
$100,000
Buy/sell/hold
Holdback_hand
While the sample size is small, if we look at returns over prior halving cycles, the magnitude of return has fallen by about 70% each cycle. If we assume a similar outcome this cycle, a 150% return is realistic, from the price on the date of the halving to its cycle peak.

Prediction
$110,000
Buy/sell/hold
Holdback_hand
Bitcoin ETFs and the upcoming Bitcoin halving event.

Prediction
N/A
Buy/sell/hold
Buyshopping_basket
N/A

Prediction
$100,000
Buy/sell/hold
Holdback_hand
Bitcoin ETF Hype

Prediction
$40,000
Buy/sell/hold
Holdback_hand
Significant demand from institutional investors and inclusion in ETFs is a prime driver.

Prediction
$200,000
Buy/sell/hold
Holdback_hand
The recent Bitcoin price movement shows the impact of the newly launched ETFs. Now that a new ATH has been achieved, I suspect more buyers will flood the market and push $BTC even higher.

Methodology

Finder surveyed 31 fintech specialists in late March to early April 2024. Panelists can answer as many or as few questions as they like, meaning the number of responses received varies by question. Twenty-nine panelists gave their price prediction for BTC by year-end 2024, 2025, and 2030. Panelists may own some cryptocurrencies, including BTC. All prices are listed in USD per BTC.

Changes to methodology: In 2021, this research was conducted using the simple mean of all answers supplied to Finder. From 2022, we switched to using the truncated mean, with the top and bottom 10% of responses removed to attain a more consistent result. Any 2021 results quoted in this analysis have also been re-calculated using the truncated mean.

Frank Corva's headshot
Written by

Senior analyst

Frank Corva is the senior analyst for digital assets at Finder. Frank has turned his hobby of studying and writing about crypto into a career with a mission of educating the world about this burgeoning sector of finance. He worked in Ghana and Venezuela before earning a degree in applied linguistics at Teachers College, Columbia University. He taught writing and entertainment business courses in Japan and worked with UNICEF in Namibia before returning to the States to teach at universities in New York City. He spent years as a publicist and graphic designer in the music industry, working for record labels like Warner Music Group and Triple Crown Records, and he's also a former music journalist whose writing and photography has been in published in Alternative Press, Spin and other outlets. See full bio

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