Bitcoin price forecast for tomorrow and week, months 2022 and 2023

Bitcoin price forecast for tomorrow and the next few days of the month.

Updated 01/13/2022 12:40
Next week the Bitcoin rate will rise to 45560, and in two weeks the rate will be 40644 dollars. Bitcoin rate forecast for tomorrow is 44,797 dollars, for the day after tomorrow 45,955. The rate over the next month will trade in the range of 37,463 - 45,955 dollars, with a slight downward trend towards 40,803 dollars. from the current level of 43786 .

By the end of this January, the Bitcoin rate is expected to be at the level of 41,002 dollars, by the end of February 38,437, and on the last day of March 31,123 dollars. In the next six months, the Bitcoin rate will decrease - in July 2022 we expect $37,129. In the future, the exchange rate will rise and therefore in a year the target will be 46,655 dollars.

We expect the exchange rate to rise in the next two years. Within two years, the minimum rate will drop to 29231, and the highest rate will touch 132466 dollars. In two years, in January 2024, the predicted exchange rate will be $96,033.

What is the Bitcoin price forecast for tomorrow?

The Bitcoin exchange rate forecast for tomorrow is 44,797 , the minimum rate is $43,901, and the maximum is $45,693. The current Bitcoin rate is 43786. Today the rate is down by 0.31% compared to yesterday's close of the day at 43920.

Will the Bitcoin price rise or fall in a week?

Bitcoin price forecast in a week : 45560 dollars, minimum 44649, maximum 46471 dollars. Thus, within a week the Bitcoin rate will increase by 1,774 . relative to the current exchange rate of 43,786 dollars. For more detailed forecast by day for the week, see the table below.

What is the Bitcoin price forecast for January?

Bitcoin exchange rate forecast for January 39343-47770, at the end of January 41002 dollars. At the beginning of January, the Bitcoin rate was 46658, i.e. the change for the month will be -12.1%.

What Bitcoin rate is predicted for February?

Bitcoin exchange rate forecast for February - 38,437 . at the end of February, the minimum rate during the month was 36714, the maximum was 41789. The change over the month was -6.3%.

Ethereum price forecast for January, February and March 2022.

Bitcoin rate online and chart.

Bitcoin rate chart throughout history from 2008 to 2022

In 2008, Bitcoin cost $0 because that year the domain bitcoin.org was only registered and articles were sent to cryptography specialists.

From 2009 until today, almost the entire BTC market is valued in US dollars ($).

As the market valuation of the total supply of Bitcoin approached $1 billion, some analysts called Bitcoin prices a bubble.

The maximum price of Bitcoin is 64,863.10 USD (the peak was reached on April 14, 2022).

READ:

The history of Bitcoin from the very beginning: The creation of cryptocurrencies [2008-2021] and what influenced prices historically

A fairly simple method that is suitable for everyone, and especially for beginners, is to use the Matbi exchanger. To do this, you need to register using your phone number or email.

To sell bitcoin and withdraw money to an account in Sberbank, you must first transfer bitcoins to a wallet in “Matbi”. To find out the wallet address, you need to go to the “Accept cryptocurrency” tab.

There it is shown both in symbolic form and as a QR code.

When Bitcoin coins arrive in your account, you can sell them for rubles, dollars or euros on the “Exchange” tab.

There are no fees for this. Identity confirmation may be required by sending a passport photo and selfie.

The money will go to your account at Matbi. You can withdraw them to your Sberbank card from the “Withdraw” tab.

All operations in “Matbi” are carried out as quickly as possible, around the clock and automatically. If you have any questions, the support service is ready to promptly answer them from 08:00 to 24:00.

If the user has any questions, the Matbi team has prepared detailed video instructions.
Bitcoin price history (compared to US dollars) all time

Bitcoin price history chart from 2009 to 2022.
The price chart shows the historical value of the BTC cryptocurrency, the logarithm of the Bitcoin market capitalization, and the most significant historical dates.

Bitcoin price from 2010 to 2013

Factors that may have contributed to the growth included:

1. european sovereign debt crisis,
2. especially the financial crisis in Cyprus in 2012–2013, FinCEN statements about improving the legal position of cryptocurrency
3. and the growing interest of the media and the Internet in the first cryptocurrency.

All-time chart

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The charts and information on this page will be updated as the story progresses.

Price table with average exchange rate by year

The impact of Halving on the price by year is presented in the image below.

Halving is the process of dividing the number of generated rewards for mining a block by half. After this event, miners begin to sell the mined currency for half as much because it is physically mined in half. Consequently, demand becomes high and supply is low. This always moved the price up.

Bitcoin has already had 3 halvings. The last Bitcoin halving took place on May 11, 2022. And the next Halving is scheduled for May 2022.

Bitcoin exchange rate forecast for each day in the table

What is the Bitcoin forecast for March?

The Bitcoin exchange rate forecast for March is in the range of 30501-38437, at the end of March 31123 dollars. Monthly change -19.0%.

What Bitcoin price is predicted until the end of 2022?

Bitcoin price forecast for 2022 : the rate will trade in the range of 28646-44732. Forecast for the exchange rate at the end of December 2022 38879 dollars.

What will the Bitcoin price be in 2023?

Bitcoin exchange rate forecast for 2023 : rate at the end of December 2023 - 105,112 . And throughout the year the rate will fluctuate in the range of 38879-134018.

The price of $100 thousand is just the beginning

Some domestic and foreign experts are more optimistic in their forecasts and assure that the price of Bitcoin will not only break through the $100 thousand mark, but also set a new record at $150 thousand.

“I have no doubt that Bitcoin will exceed $100 thousand this winter. According to my forecasts, the price of the cryptocurrency can reach $150 – $180 thousand. Technical analysis indicators indicate this. I am confident that the first half of the year will be a breakthrough for the crypto market,” says Yuri Gusev, founder of Zam.io.

A similar point of view was voiced by Leonid Litvinenko, CEO and Co-founder of Lot.Trade . The expert has no doubt that already in the first quarter of 2022, the price of Bitcoin will reach $100 thousand.

Dmitry Sheludko, CEO of the Biconomy crypto exchange, is also confident that the main cryptocurrency will grow to its maximum levels at the beginning of the year.

“Bitcoin will continue to grow in 2022. We see that the situation with the global Covid19 pandemic continues and this means that online business and investing will continue to develop. Consequently, we will see even greater interest in cryptocurrencies and an influx of investors. Bitcoin can be safely expected to reach $100,000 and this will no longer be a surprise to anyone,” he said.

In general, experts agree that Bitcoin will continue to grow against the backdrop of a strengthening crypto market and increasing interest from institutional and private investors in crypto assets.

Bitcoin price forecast for 2022, 2023 and 2024

The forecast is updated daily.

Apple stock forecast 2022, 2023.

Dollar exchange rate forecast for January, February and March 2022.

What's happening in the crypto market

Since November 10, the capitalization of the entire crypto market has decreased by 12.08% - from $2.97 trillion to $2.65 trillion.

After rising to a historical high of $69,000, which was reached on November 10, the price of Bitcoin has been constantly declining - for three weeks in a row, BTC quotes have been predominantly in a downward movement. At the same time, on November 27, the price of BTC fell by 10% in just one day and briefly dropped to $53,500 - these are the minimum values ​​since mid-October.

BTC price chart for the last month. Source

Traditionally, ETH behaves in a similar way. After the altcoin reached a maximum of $4,850 on November 10, it went into a correction and was trading in a corridor from $4,000 to $4,500 until November 30. However, now Ether has managed to recover and rise to $4,700. Most altcoins also traded in a downward trend throughout November .

ETH price chart for the last month. Source

On November 26, a real Black Friday occurred on the crypto market - most digital assets fell by an average of 15–20%. Even metaverse tokens fell in price, although they withstood the correction better than most other assets.

The fall of the crypto market on November 26. Source.

Over the weekend, the crypto market grew by 8%, almost recouping Friday’s drop. For the last three days, BTC has been trading at $56,000–$59,000. Most crypto assets are also in the green zone compared to the end of last week.

What does PayPal have to do with it?

The catalyst for the explosive growth in the price of Bitcoin was PayPal’s announcement that it would integrate into its service the ability to buy and sell four types of cryptocurrencies – Bitcoin and Ethereum. Bitcoin Cash and Litecoin. At the same time, users of the payment system were able to store them in a wallet linked to their account.

PayPal Announces the Launch of Cryptocurrency Support

To attract additional attention to the innovation, PayPal has completely removed the fee for storing cryptocurrency, without any hidden restrictions. In addition, any transactions with crypto through this system will not be subject to commissions, but this promotion is already temporary and will end on December 31, 2022.

PayPal plans to develop support for cryptocurrencies in its system. So, in mid-2022 (no exact date yet), its proprietary mobile application Venmo will allow you to pay with virtual money at 26 million merchants. Before payment, crypto money will be converted into dollars, and PayPal received this opportunity thanks to the Bitlicense license, which was granted to it by the New York State Department of Financial Services (NYDFS). PayPal is set to provide cryptocurrency support to users around the world, but US residents are the first to try it out.

The cryptocurrency service itself was developed by PayPal together with the blockchain startup Paxos.

What should investors pay attention to?

If you did not buy cryptocurrencies at the maximum and did not use credit money, then you should not worry about the crypto market drawdown - most likely, it will soon fully recover. But for short-term investors, a busy time has begun - uncertainty remains in the market and there are no guarantees that a new wave of correction will not collapse cryptocurrency quotes.

Now the attention of investors should be focused on macroeconomic factors: the development of the situation with the Omicron strain and the introduction of new lockdowns, raising interest rates by the Federal Reserve and the ECB, and regulation of cryptocurrencies in the United States. It is this kind of news that will affect all markets, including the cryptocurrency one.

Reasons for the recent collapse of the crypto market

Let's look at the main reasons for the fall of the crypto market over the past three weeks.

Changes in US tax laws. On November 15, US President Joe Biden signed a bill to finance infrastructure projects for $1.2 trillion.

$28 billion of this amount should come from crypto companies, which are now also considered taxable brokers. In addition, the country has introduced new reporting requirements for crypto brokers and digital asset operators - they must now report transactions worth $10,000 or more to the tax authorities. On the day the law was signed, BTC fell by $6,000, falling below $60,000 for the first time since October. At the same time, the entire crypto market lost 10% of its capitalization.

Also on November 15, Senators Ron Wyden and Cynthia Lummis introduced an amendment to the law that would eliminate the tax reporting requirement for blockchain developers and crypto wallet teams. However, politicians proposed similar amendments back in the summer, but they were rejected - they are unlikely to receive approval this time.

New strain of COVID-19. On November 25, a new, much more contagious and vaccine-resistant strain of coronavirus, called Omicron, was discovered in South Africa. Later, the strain was discovered in Hong Kong, Botswana, Australia and a number of other countries. The world froze in anticipation of a new lockdown: Great Britain and several EU countries suspended flights from six African countries, and Israel closed its borders to foreigners for 14 days.

The Omicron strain provoked a collapse in traditional markets: oil fell by 10% - from $80 to $72, the S&P 500 index fell by 2.7%, and the Moscow Stock Exchange index - by 3.5%. Under these conditions, it is not surprising that traders have also been dumping risky assets such as cryptocurrencies.

Blocking of mining pools in China . On November 26, a major Chinese crypto information portal, ChainNews, announced its closure. At the same time, local Internet providers blocked the publication’s website, as well as the resources of its competitors ODaily and BlockBeats. At the same time, mining pool domains became unavailable.

It is obvious that Chinese providers have learned to find and block miners’ connections to the ten largest BTC and ETH mining pools, including F2Pool, BTC.com, ViaBTC and BinancePool. As a result, miners from China can no longer connect to these pools.

This was reflected in the hashrate of the Bitcoin network: since November 18, it has decreased from 167 EH/s to 155.7 EH/s. In October, it became known that Chinese authorities were considering the possibility of prosecuting those involved in mining. In November, the National Development and Reform Commission (NDRC) said it would continue to crack down on mining in the country.