Bitcoin (BTC) Price and Future Predictions

In mid-November 2021, Bitcoin hit an all-time high of $69,000, before falling back to the $15,000 level in the 2022 bear market, and then rebounded strongly in 2023 to retest the $30,000 area.

Bitcoin remains the largest and most valuable cryptocurrency with a market cap of over $500 billion. In the video above, you can check out the most recent Bitcoin price predictions.

This guide will discuss all aspects of Bitcoin and its price, as well as other related things you should know when you start buying BTC. It will also help you understand how the Bitcoin price is determined, what affects its value, and how to read live Bitcoin charts.

Best Bitcoin Exchanges December 2023

Invert
invest
$
=

Bitcoin
renew

More filters

Close filter

Sort by rating
price
1
Suppliers matching your filter criteria
Suppliers matching your filter criteria
Payment Methods

Bank transfer

credit card

Giropay

Neteller

Paypal

Sepa transfer

Skrill

Sofort
Function
Instant Verification
beginner
Wallet Services
Mobile Apps
Ease of use
very good
good
generally
Difference
support
very good
good
generally
Difference
exchange rate
1
above
Security
1
above
Currency Selection
1
above
Classification
1
above
Remove filter
Apply filters

No results found
Try adjusting your filters to see some results.

score
Buy with $1000
0.0599
BTC
What we like
Easiest deposit
Most regulated
Copy Trading Winners
exchange rate
Security
Currency Selection
Function

Payment Methods

Buy with $1000
0.0599
BTC
Read Review
Visit website
Read Review
Do not invest in crypto assets unless you are willing to lose all the money you invest.

What is the current price of Bitcoin?
As of the fourth quarter of 2023, the price of Bitcoin is trading around $27,000-28,000.

Bitcoin remains a highly volatile asset, with its price constantly fluctuating. At times, these fluctuations can be very large and dramatic, causing it to rise or fall by hundreds or even thousands of dollars on a daily basis.

All of this makes it a risky asset, but at the same time, it also provides opportunities for those willing to take the risk in exchange for potential gains.

That being said, you should always check the price of Bitcoin in real-time via price tracking sites like CoinMarketCap or TradingView, as well as on the exchange you prefer to use for Bitcoin trading.

These platforms allow you to select a specific time frame, such as 1 day, 7 days, 1 month, 3 months, 6 months, 1 year, and Year to Date (YTD), and show how its price has moved throughout the asset's history, usually labeled ALL.

Additionally, you can usually choose which currency you want the BTC price to be expressed in, with currencies like the US dollar (USD), the euro (EUR), and the British pound (GBP) usually supported.

Bitcoin
（BTC）
price
$41,405.00
Market Cap
$808.66 B

These platforms have charts and graphs that update in real time, giving you access to the exact price of Bitcoin down to the millisecond level. Online brokers like eToro also offer similar tools for tracking prices if you want to use a platform that offers traditional assets.

At the same time, the full cryptocurrency exchange has built-in indicators that traders use for technical analysis, as well as a news feed that publishes relevant news and tracks new developments in the crypto and blockchain world.

This is very useful for fundamental analysis because you can determine how certain developments affect the behavior of other traders. For example, when the FTX exchange crashed in November 2022, traders took it as a signal to sell, causing the price of Bitcoin to fall further.

Bitcoin price history
In the early stages
Bitcoin was officially released in 2009 and was first traded and priced in 2010.

At the time, its initial value was $0.0008, and the first famous transaction of Bitcoin was conducted by Laszlo Hanyecz, who offered 10,000 BTC in exchange for two pizzas.
At the time, the price of Bitcoin was $0.004, so he paid about $41 for the two pizzas. Today, 10,000 Bitcoins are worth more than $280 million, which can buy more than two pizzas.

Interestingly, these are considered to be the two most expensive pizzas in history. And, since the transaction was made on May 22, this date is now internationally known as Bitcoin Pizza Day.
At that time, there weren’t many Bitcoin transactions per day. There were no Bitcoin exchanges, and most people just sent Bitcoin to each other out of interest.
However, people soon became interested, noting that Bitcoin could be sent around the world, that transactions cost only a few cents, and that they took only 10 minutes to complete.
In comparison, international transactions through traditional banks would take more than a week to travel the same distance.
Furthermore, people realize that no one can freeze their crypto assets as they can manage them in their own personal wallets.
This was also before the advent of blockchain explorers, so no one could easily track transactions. It also meant that users could remain anonymous, no matter how low the value of a coin got - it still had some value, which meant it could be used to send funds.
Attract attention
All of this began to attract investors, technology enthusiasts, and cybercriminals. Soon, the volume of Bitcoin transactions increased greatly, so in 2010, the first Bitcoin exchange was launched, called Mt. Gox.
Now that there was a place to buy and sell Bitcoin, interest increased further and so did the value of Bitcoin. It wasn’t long before it reached $1 in 2011.
Since cryptocurrencies can bring huge profits, developers decided to create their own cryptocurrencies that were even faster than Bitcoin or changed in other ways. As the years went by, more and more people started to enter the cryptocurrency industry, which made the price of Bitcoin reach $100. This was in the beginning of 2013, and by the end of the year, the price of the coin also reached $1000.
However, the following year, 2014, the cryptocurrency industry suffered its first major blow. At that time, more than 70% of Bitcoin transactions occurred on the Mt. Gox exchange, which announced that it had been hacked and hackers stole 850,000 Bitcoins. This was the first major theft of Bitcoin and caused a lot of panic among Bitcoin users.
Many believed this was the end of cryptocurrencies and abandoned their currencies, leading to the first major price drop in April 2014. However, Bitcoin eventually recovered, and by the end of the year it had also begun to attract the interest of several major companies, including Microsoft, which accepted Bitcoin.
Bull and Bear Markets
The price of Bitcoin was still affected by the Mt. Gox hack, and although the coin eventually recovered, the exchange did not. However, even though it took Bitcoin three years to recover and investors to overcome their fear of losses, this eventually happened in 2017.

Many people today refer to this as the first Bitcoin bull run, which propelled the entire cryptocurrency industry to unprecedented heights. By the end of that year, the price of Bitcoin soared to $20,000, a monumental achievement that no one expected.
However, in 2018, the bubble burst and prices began to fall. This was the market’s realization that Bitcoin and other cryptocurrencies should expect a long crypto winter after the bull run.
The crypto winter lasted for a full year, with prices starting to recover in 2019. Then, in 2020, when the COVID-19 pandemic began to become a global phenomenon, the cryptocurrency industry crashed again, though only as it correlated with the stock market.
While stocks continued to fall, Bitcoin and other alternative currencies quickly rebounded and even performed well, attracting more investors.
This led to a second major bull run, this time, with the price of Bitcoin soaring to nearly $69,000 per coin. It lost momentum in November 2021, with the mandatory crypto winter pushing prices down again.
However, the world was already in trouble economically due to the consequences of the pandemic, and then in early 2022, Russia invaded Ukraine, which had huge geopolitical, financial and other implications.
This created a difficult financial situation in a world already struggling with inflation, causing many businesses to collapse. The same was true for the cryptocurrency industry, causing multiple exchanges, including FTX, one of the largest exchanges in the world, to file for bankruptcy.
Investigations into the company also revealed mismanagement of user funds and other questionable activities, which only further led to the collapse of multiple other businesses associated with the platform and prolonged the crypto winter even further.
However, the arrival of 2023 brought a noticeable change. At the beginning of the year, investors seemed to have found new optimism and interest in digital currencies, and digital currencies began to see a recovery in prices.
Bitcoin rose from $16.55k on January 1 to $28,967 on March 30, completing the year-to-date (YTD) high for the first quarter of 2023. Its price has been fluctuating in the $28k range.

What factors affect the price of Bitcoin?
There are several factors that influence the price of Bitcoin, some of which have already been mentioned, while others will be discussed further. For example, there are:
Supply and demand
Adoption Level
Use cases and potential solutions its technology can provide
Wider cryptocurrency market developments
Media Coverage and News
Trading Volume
Exchange listing
compete
Mining Rewards/Costs
Supply and demand have already been discussed earlier as the main factors in price movement, so we will focus more on other factors, such as adoption levels.

Basically, the more businesses and individuals adopt Bitcoin and start using it, the more valuable it becomes. This makes people want to use it, which increases demand and price.

And, because Bitcoin is borderless, you can use it worldwide as long as you have an internet connection. There is no third party you need to go to to buy or receive Bitcoin.

People buy Bitcoin on exchanges or directly from other individuals through P2P platforms. They buy Bitcoin through ATMs and receive it as tips, payment for work, gifts, etc.

Another important factor is competition, mainly from alternative currencies - all other cryptocurrencies besides Bitcoin. Alternative currencies are all cryptocurrencies other than Bitcoin itself.

Some debate whether Ethereum should be excluded, but for most people, this definition still applies. The cryptocurrency market is flooded with alternative currencies; as of October 2023, there are over 24,200.

While they are all faster than Bitcoin, and many alternative currencies have specific use cases, Bitcoin is and always will be the first cryptocurrency. This makes it an extremely powerful brand that will likely never be surpassed.

Bitcoin Mining Explained
Another important factor in Bitcoin as a whole and its price is mining, or more precisely, the cost of producing new coins. Satoshi Nakamoto created the concept of blockchain, where user transactions are processed by an algorithm and packaged into blocks, which make up the blockchain.

The blockchain functions as a chronological ledger. However, in order to process transactions, something is needed to power the algorithm.
Since Bitcoin is decentralized, there is no centralized entity that provides the electricity and computing power needed to process transactions. Instead, Satoshi asked community members to provide this power, and each time a set of transactions is processed and a block is created, participants are rewarded with Bitcoin.
These new coins were not previously in circulation and come from a portion of the 21 million coins that Nakamoto has locked up for this purpose.
Each block takes 10 minutes to solve, and to ensure this time does not change, he introduced mining difficulty. The algorithm must solve a complex mathematical equation to solve a block.
The difficulty of each block is adjusted up and down based on the algorithm’s computing power to ensure that each block takes approximately 10 minutes to solve.
Thus, if the amount of energy increases, the mathematical problem becomes more complex, and if it decreases, it becomes simpler.
Of course, there are a lot of people who want to mine Bitcoin these days, which is why the difficulty is so high. Since the process requires a lot of processing and electricity, the price of Bitcoin rises to make mining worthwhile for miners to continue their work.
Furthermore, the reward they receive is halved after every 210,000 blocks solved, which is approximately every four years. When Bitcoin first came online, the reward was 50 BTC per block.
After 210,000 blocks, they halved to 25 BTC per block, then halved to 12.5 BTC, and now it is 6.25 BTC, and they will continue to decline.

Why does the price of Bitcoin go up and down?
As a digital currency that is not backed by anything, it can only have any value because of the global consensus that Bitcoin is in fact money. In this case, a number of other factors also affect its value.

For example, the scarcity of Bitcoin. Bitcoin is designed to be a global asset, which means that everyone around the world will use it. As of 2021, the global population is 7.888 billion people. At the same time, there are only 21 million Bitcoins, and not all of them are in circulation.
Therefore, as more people want to use Bitcoin, the corresponding demand becomes greater than the relatively limited supply. In other words, as adoption levels increase, Bitcoin’s scarcity ensures that the value of the asset must increase.

This applies to any finite resource, including gold. However, because the price of Bitcoin is based on supply and demand - something we've discussed before - its price is constantly changing. Small changes in demand can cause it to rise or fall, just as changes in other aspects, such as developments that are directly or indirectly related to it.

For example, when the stock market falls, Bitcoin may rise because it is becoming more of a safe haven asset. Therefore, many people believe that it will replace gold because its blockchain is not fast enough for the coin to become a currency for daily payments.

How is the price of Bitcoin determined?
As mentioned earlier, Bitcoin is an asset that is not backed by any actual valuable asset. Therefore, its price is not fixed and is based entirely on supply and demand. In other words, the supply of the product and the public's demand for it are closely tied to the price.

When a product is plentiful but nobody wants it, the price is naturally lower. If a product is in small quantities but everybody wants it, it becomes very valuable.

For example, Bitcoin is extremely popular with both retail and institutional investors around the world. As mentioned earlier, many companies already accept it as a payment method.

All this means is that it has a purpose, or use case, which means people want it because they can do something with it. This in turn increases demand and price.

Bitcoin also has a fixed supply, which is only 21 million. Furthermore, not all coins are in circulation yet, so the circulating supply is even lower than this. As more and more people continue to enter the industry and seek Bitcoin, it will only go higher.

It is true that new coins enter circulation every 10 minutes, but with the halving every four years, the amount entering is also halved.

Of course, supply and demand play an important role in determining the price of Bitcoin, but that is not the whole story. Unlike traditional currencies, Bitcoin is a different asset because banks and governments manage and control traditional currencies.

They control the supply so they can print more money when demand increases. That way, no matter what happens, the currency remains relatively stable.

Since no institution backs Bitcoin, no one can control its value with such precision.

Some people try to manipulate it by selling or buying large amounts of Bitcoin at once, but beyond that, buyers and sellers have the greatest influence on its value.

Buy Bitcoin
Your capital is at risk. Bitcoin prices are affected by many factors, but none of them actually directly affect the price itself. Everything comes down to investors and their emotional reaction to market developments, which affects demand and, in turn, drives Bitcoin up or down.

How often does Bitcoin's price change?
Bitcoin is traded continuously around the world, and unlike traditional markets, the Bitcoin market does not close at the end of the weekend or the workday. It is always open to users around the world, with millions of people participating every day. Therefore, demand is constantly changing, and so are prices.

We mentioned earlier that Bitcoin charts provided by price tracking platforms and exchanges are updated in milliseconds. This is because prices change at a rate that is high. Prices are always changing, which means that at any given moment, there could be an event that pushes the price up or down.

Who Should Invest in Bitcoin?
Bitcoin is an expensive asset, but fortunately, it doesn't mean you need to be a millionaire to buy it. Although the price of 1 Bitcoin may reach a few thousand dollars, you can actually buy a very small part of it. Just like the US dollar has cents, Bitcoin has Satoshi. However, compared to 100 cents of the US dollar, 1 Bitcoin contains 100 million Satoshi. If expressed in Bitcoin, 1 Satoshi is a decimal with seven zeros and a 1.

In other words, 0.00000001 Bitcoin is 1 Satoshi, and according to the current price, 1 Satoshi is equivalent to 0.00028 USD. This means that you can buy 0.000036 Bitcoins with 1 USD. The point is that even if the total value of 1 Bitcoin reaches several thousand USD, it is still possible to buy Bitcoin. Therefore, anyone can make a Bitcoin investment.

As for who should invest, anyone looking to profit from long-term investments or short-term trading can invest. Also, anyone looking to use Bitcoin for payments, as a safe haven asset, or in other ways can invest.

Having said that, it is recommended to only invest money that you can afford to lose because you never know what will happen and the risk of sudden losses always exists.

Is it worth buying Bitcoin in December 2023?
When investing in Bitcoin, choosing the right time is crucial unless you plan to invest for the long term. Some people like to put their money into Bitcoin, lock up their coins, and then forget about them for 5, 10, or even longer years.

If that’s what you want, feel free to buy Bitcoin (BTC) because long-term forecasts all agree that Bitcoin’s long-term growth will be huge, although no one can say exactly what its limits might be.

Timing is very important for shorter term investing or trading as you need to buy when the price is low and about to rise in order to make a profit. With all this in mind, is December 2023 a good time to buy Bitcoin?

Many experts think so. Bitcoin just came out of a year-long crypto winter, where its price dropped from $69,000 to just $16,000. It has since recovered to around $27,600. However, in 2021, Bitcoin has shown that this was only a fraction of its potential and has grown by more than double its current price.

Another bull run is not expected in 2023 and Bitcoin is unlikely to reach new all-time highs. However, prices are recovering strongly and are likely to rise further as the year progresses.

Historical data shows that Bitcoin is likely to encounter strong resistance levels that prevent it from reaching or exceeding its previous all-time highs. However, at present, its recovery is still just beginning.

In conclusion, you should always do your own research and come to your own conclusions. Your capital is at risk and it is dangerous to blindly follow any financial advice. Always make sure you know what you are doing and why you are doing it.

What is Bitcoin used for?
As a digital currency, most people consider Bitcoin to be money, although most banks and governments have not yet agreed to this view. Therefore, Bitcoin cannot be used to pay taxes to the government or repay loans to banks, but if you find a store that accepts Bitcoin, you can use it to buy goods and pay for services.

In addition to this, there are now crypto cards through which you can deposit your cryptocurrencies into the app and then use these cards to pay almost anywhere.

The companies that issue these cards will convert your cryptocurrency into the merchant or service provider’s preferred currency, so you can pay with Bitcoin and the merchant will receive dollars, euros, pounds, or other currencies they wish to receive.

Therefore, Bitcoin can be considered a payment method, albeit an indirect one. On the Internet, you can find websites that accept Bitcoin payments, which is a direct use of Bitcoin for payment.

However, Bitcoin's more important use is the access it provides to banks and the global financial industry.

Unfortunately, much of the global population lives in unbanked or underbanked areas, which are often known for their poverty.

Without banking services, people are unable to get loans, start businesses, and help improve their local economies. Banks can change this, but they have no profit to make, so they choose not to. Bitcoin is borderless and universally accessible.

Anyone with a smartphone, tablet, laptop or desktop computer can access the cryptocurrency industry and use Bitcoin or other cryptocurrency products.

Decentralized finance (DeFi) is a relatively young area of the cryptocurrency industry, but it has already done a lot to help people get cryptocurrency loans and provide passive income. Bitcoin cannot provide these more complex services, but it can provide access to funds, the global financial industry, and opportunities for speculative investment.

Finally, Bitcoin can be mined, which is a common method of obtaining Bitcoin. Unfortunately, due to fierce competition between miners, it has become very difficult and expensive for individuals to mine Bitcoin.

However, you can always join one of the many mining pools, buy their plan, and receive a portion of the mined Bitcoins in return.

How to start investing in Bitcoin?
To start trading Bitcoin, you will need several things. The first thing to do is to identify the cryptocurrency exchanges available in your country, compare them, and decide which exchange to use.

Since Bitcoin is the largest and most popular cryptocurrency, almost all exchanges list it, so you don’t have to worry about whether it is supported. However, you should consider aspects such as exchange fees and other assets you may want to buy or sell.

In addition to this, you will also need a crypto wallet that supports Bitcoin.

The best option is a hardware wallet as they are the most secure. Since hardware wallets are devices that need to be plugged into a computer to add and remove cryptocurrencies, the risk of your funds being stolen is minimal. However, one thing you absolutely must not do is leave your Bitcoin in an exchange wallet.

You should always withdraw your funds from an exchange wallet if you don't plan on using them soon. The reason is that the exchange holds the private keys to the wallet, so it can do whatever it wants. There's a saying in the crypto industry called "not your keys or your coins".

Apart from that, you should also make sure to invest in Bitcoin responsibly. This means researching and learning everything there is to know about Bitcoin, using tools like charts, doing technical and fundamental analysis, etc. Please note that this takes some time, as you can’t learn the entire story of anything just from a few articles. The more time you invest, the better your chances of making a profit, rather than a loss.

Tax issues
Given Bitcoin’s massive growth in adoption and price, much of the world still lacks regulation of cryptocurrencies and the cryptocurrency industry. However, this has not stopped most countries from imposing taxes on digital currencies.

To be fair, not all countries have regulations in place yet, but many do, and each country has different rules for taxing cryptocurrencies. There are no universal rules around the world, so you must research your local tax laws to determine if you are obliged to pay taxes and how much.

It is best to do your research before getting involved in the Bitcoin and cryptocurrency industry to determine whether you are comfortable with local tax regulations and whether it is worth getting involved.

Short-term Bitcoin trading vs. long-term Bitcoin investing
One of the most common questions about Bitcoin is whether to trade it short term or invest it long term. First of all, let’s be clear that both methods are completely legal and neither is better or worse than the other.

However, it is important to note that they are two very different approaches and some people may prefer one while others may prefer the other.

In reality, which method is more suitable for you depends on you as a person, not on Bitcoin itself. Long-term investment requires you to believe that Bitcoin has a future and will continue to grow in the next few years.

This is also popular with those who don't have the time or desire to constantly monitor the market and wait for new opportunities.

They put their money into Bitcoin, lock it in a private and secure wallet, and then forget about it for years. This is their preferred method, and this is the essence of long-term investing.

On the other hand, if you are looking to take advantage of the price fluctuations that occur on a daily basis, which can sometimes be small and sometimes be quite large, trading is a great option.

That being said, please be aware that trading requires you to keep an eye on the markets, continually learn how to perform technical and fundamental analysis, and follow the news and trends, social networks, discussion forums, etc. to try to infer when price movements may occur.

Time is also very important in trading, especially in day trading, which means buying and selling within a 24-hour period.

This method of trading generally results in smaller profits per trade, but over time they can accumulate into considerable gains. In contrast, investing requires you to invest for the long term and expect to see significant gains at some point in the future.

In conclusion, neither is better or worse, but for one approach you need patience, and for the other you need discipline, a cool head, and enough education about the cryptocurrency industry to know when to act and when you should wait.

Bitcoin Price Prediction
Before offering any predictions about the future of Bitcoin, we would like to point out that this is completely pure speculation.

Even if a forecast is a guess based on expert opinion, historical data, current market behavior, etc., there is still no guarantee that what is predicted will occur.

In the cryptocurrency industry, it is impossible to accurately predict anything as it can change drastically within a few days or even hours.

That being said, Bitcoin and the rest of the cryptocurrency industry have enjoyed a surge in price in 2021, followed by another year of crypto winter. So far, the behavior is very similar to what happened in 2017/2018. If history repeats itself, Bitcoin will be relatively flat in 2023, perhaps with a big surge towards the end of the year or in 2024.

WalletInvestor is pessimistic about Bitcoin. They claim that the price of Bitcoin will drop to $10,915 within the next year.

On the other hand, Changelly holds a more optimistic view, predicting that the average price of Bitcoin will reach $36,601 by the end of the year, while the highest price may even reach $42,000.

As for the prediction for next year, the average price is expected to reach $54,000, with the highest price in 2024 expected to reach $60,000. Experts believe that one factor that will lead Bitcoin to reach this price milestone is the next Bitcoin halving. Read our guide to find out when the next Bitcoin halving will occur.

Changelly expects Bitcoin prices to continue rising over the next decade and reach $1 million around 2032.

Top Bitcoin Alternatives for 2023
With thousands of other cryptocurrencies vying to become Bitcoin alternatives, many experts are looking to invest in new projects rather than interacting with already established ones.

This is because new projects come up with some novel ideas that enable users to buy tokens at relatively low prices during token sales and then profit after demand increases.

One of the best Bitcoin alternatives has already emerged in September 2023. It is called Bitcoin Minetrix, and this cryptocurrency offers a unique staking mining tool with many advantages.

Bringing together the worlds of staking and mining, Bitcoin Minetrix is a project that aims to redefine the cloud mining ecosystem. As stated in the official white paper of Bitcoin Minetrix, there are many problems with traditional cloud mining.

There are many scammers in cloud mining who charge fees upfront without providing mining facilities.

Many of them allegedly withheld user funds.

However, Bitcoin Minetrix aims to tokenize the concept of cloud mining. There is no cash involved in the process. Instead, Bitcoin Minetrix incorporates the process of stake mining into mining.

The core of this ecosystem is the BTCMTX token, an ERC-20 cryptocurrency that can be used for stake mining to earn mining points. As a non-transferable ERC-20 token, these mining points can be burned to gain mining time or receive a portion of the mining revenue. Once the cloud mining equipment has run for a predetermined period of time, the mined Bitcoin will be transferred to the stake holder's account.

BTCMTX is currently available through a 10-phase presale, with the token price at $0.011 in the first phase. This presale sets a soft cap target of over $15 million.

New Cryptocurrency Mining Platform - Bitcoin Minetrix
Rating
Audited by Coinsult
Decentralized and secure cloud mining
Mine Bitcoin for free every day
Native tokens now on presale - BTCMTX
Equity mining rewards - an annualized rate of return of more than 100%
learn more
in conclusion
Bitcoin is the largest and oldest asset in the cryptocurrency industry, with a long history filled with price surges and declines, new milestones and impossible achievements.

As the founder of the entire industry, it is also the safest cryptocurrency to invest in. Despite its flaws and shortcomings in terms of speed, scalability, etc., everyone still wants to own it more than any other cryptocurrency.

Some people believe that the time to get in on Bitcoin has passed and that the opportunity was back in 2010. However, the truth is that you can still make quite a decent profit from trading or investing in Bitcoin, even when compared to future prices.

However, remember that the risks have not gone away and any interaction you have with the cryptocurrency industry is at your own risk.

Understand how the cryptocurrency industry works and breathes to make smart decisions that will result in profits, so do your research, learn everything you can about Bitcoin, cryptocurrency, and blockchain, and give it a try once you feel ready.

eToro - Our Recommended Bitcoin Platform
Rating
Regulated by FCA, ASIC and CySEC
Buy Bitcoin with bank transfer, credit card, Neteller, Paypal, Skrill
Free demo account, social trading community - 30 million users
Free Bitcoin Wallet - No Loss of Private Keys
Copy trading successful Bitcoin traders
Buy Bitcoin
Do not invest in crypto assets unless you are prepared to lose all the money you invest.
Read more:
EOS Price (EOS)
Real-time Stellar price charts: XLM/USD, XLM/EUR
Frequently asked questions
What is the price of Bitcoin?
The current price of Bitcoin is $27,910, but it fluctuates frequently, so use a live chart to track the price of Bitcoin.

What is the price of Bitcoin today?
On the day of writing this article, the lowest price of Bitcoin was $27,794 and the highest price was $28,117.

What is the current price of Bitcoin?
The current price of Bitcoin is $27,910.

What determines the price of Bitcoin?
The price of Bitcoin is primarily determined by supply and demand. Secondary factors that affect its value include news, media recognition, mining costs, actual usage, etc.

What is the lowest price of Bitcoin?
The lowest price of Bitcoin was $0.0008 when it was traded in 2010.

What is the highest price of Bitcoin?
Bitcoin hit its all-time high price of $68,789 on November 10, 2021. But we should mention that new all-time highs may occur at any time since Bitcoin is a highly volatile asset.

What is the starting price of Bitcoin?
The initial price of Bitcoin was equal to $0.0008 when it was first traded.

How often does Bitcoin's price change?
The price of Bitcoin changes very frequently, even within a few hours. Sometimes the price of Bitcoin will drop by more than 70% in a day, and then rise by more than 10%.

What influences the price of Bitcoin?
The price of Bitcoin is mainly determined by sellers and buyers. If sellers dominate the market, a bear market will begin and the price will fall. On the contrary, if buyers dominate the market, a bull market will begin.

How long does it take to mine 1 Bitcoin?
Even with the most efficient mining systems, it can take up to five years to mine 1 Bitcoin. But there is a much easier way to get it - buying it on a cryptocurrency exchange.

Why is Bitcoin traded in US dollars?
The U.S. dollar is considered the world's most valuable fiat currency and the world's primary reserve currency. Therefore, the base price of Bitcoin is denominated in U.S. dollars, but Bitcoin can be traded against any other fiat currency globally.

How many bitcoins are left to be mined?
The maximum supply of Bitcoin is 21 million, and the number of Bitcoins that have been mined is 18.8 million, so there are less than 2.2 million Bitcoins left to be mined.

What factors might drive the price of Bitcoin higher?
The price of Bitcoin may rise as there is a large demand for it. There are a few things that will prompt people to start buying Bitcoin, the most important of which is a positive event related to Bitcoin.

What is Bitcoin Mining?
Bitcoin mining is the process of solving complex mathematical equations to verify new blocks and receive rewards. This is done with special computers and equipment, and the process consumes a lot of electricity.

Is it still worth investing in Bitcoin now?
Really, it depends on your budget and investment expectations. Regardless, Bitcoin is still highly volatile and it is possible to make a profit from trading or investing in it.

How to predict the price of Bitcoin?
To understand the future price of Bitcoin, you can check the predictions of cryptocurrency experts, but don’t accept them blindly, try to combine different analyses.