Bitcoin Price Predictions 2024

Will BTC Hit $100k or Crash Below $10k? Top Expert Forecasts Analyzed

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A comprehensive analysis of the most likely Bitcoin valuation based on predictions and forecasts from crypto experts, investment banks, and financial institutions.


As the original and most valuable cryptocurrency, Bitcoin has shown tremendous growth since its creation in 2009. Built on revolutionary blockchain technology, Bitcoin pioneered the concept of digital decentralized money.

With a current market capitalization exceeding $500 billion and daily trading volume in the billions, Bitcoin remains the dominant player in the cryptocurrency space. Its price swings and trends significantly influence the overall crypto market direction.

That’s why Bitcoin price forecasts are closely monitored by investors, analysts, and crypto enthusiasts. But predicting the price of such a volatile asset over a multi-year timeframe poses a considerable challenge.

In this comprehensive guide, we analyze the top Bitcoin price predictions for 2024 made by financial institutions, experts, and leading crypto platforms. By collating these forecasts, we aim to estimate the most likely valuation range based on fundamental and technical factors.

Overview of Factors Impacting Bitcoin’s Price

Before reviewing the specific 2024 projections, let’s examine the key factors that influence Bitcoin’s volatile price movements:

Experts analyze both fundamental and technical factors when making Bitcoin valuation forecasts. Now let’s examine some of the top predictions for 2024 specifically.

Standard Chartered’s Bullish Forecast

In July 2023, major global bank Standard Chartered upgraded its previous Bitcoin target of $100,000 to $120,000 by end of 2024.

Standard Chartered cited improving Bitcoin miner profitability as a key reason for this revised projection. As mining becomes more profitable, miners can reduce BTC selling to cover operational costs - constraining circulating supply.

The bank expects Bitcoin could reach $50,000 by end of 2023, before climbing to $120,000 in 2024. The upcoming Bitcoin “halving” event in 2024 is also projected to spur price appreciation.

Standard Chartered has proven relatively accurate in past Bitcoin predictions. They set conservative year-end targets between $50,000 to $175,000 in January 2021 when BTC was below $40,000.

Bloomberg’s Optimistic Outlook

The prominent publication Bloomberg also expects the Bitcoin price to reach $120,000 by end of 2024.

Bloomberg analysts cite improving macroeconomic conditions and Bitcoin’s expanding adoption as investment vehicles as supporting factors for their bullish projection.

Other major financial firms like Fidelity and BlackRock have also issued optimistic Bitcoin forecasts, citing increasing institutional investment interest.

Changelly’s Minimum and Maximum Estimates

The crypto platform Changelly used technical analysis to arrive at a conservative minimum price estimate of $47,727 for Bitcoin by end of 2024.

Evaluating Bitcoin’s historical prices and key levels, Changelly expects BTC will trade between $47,727 and its previous all-time high near $69,000 by end of 2024.

Their technical forecast aligns with other predictions suggesting at least a doubling within two years.

Coinpedia’s Prediction

Coinpedia expects the Bitcoin price to reach $100,000 by end of 2024 based on historical patterns and technical indicators.

Venture capitalist Balaji Srinivasan has also made a bold wager of $2 million that Bitcoin will exceed $200,000 in 2024, showcasing his bullish conviction.

Coinpedia was relatively accurate in past analyses, like predicting $75,000 to $100,000 for Bitcoin by end of 2021 - which proved correct as BTC hit an all-time high of $69,000 in November 2021.

Berenberg’s Specific April 2024 Forecast

The 400-year-old German bank Berenberg has a specific forecast of $56,630 for the price of Bitcoin in April 2024. This valuation is based on their volatility, options, and statistical modelling.

Berenberg believes macro trends will be favorable leading up to 2024, like declining real yields and a weaker US Dollar - providing a bullish backdrop for Bitcoin.

CryptoNewsZ’s 2024 Average Price Prediction

CryptoNewsZ estimates the average price of Bitcoin in 2024 will be around $64,448, aggregating various expert projections.

This estimated mean takes into account both the highs and lows of multiple Bitcoin price forecasts for that timeframe. However, aggregated predictions may not fully account for changing market conditions.

AMBCrypto’s April 2024 Price Range Forecast

The crypto publication AMBCrypto expects Bitcoin to trade between $29,348 and $33,766 in April 2024, based on long-term pattern analysis.

Their forecast range suggests Bitcoin may trade sideways for some time before eventually breaking out to newer highs. While AMBCrypto provides regular forecasts, predictions are always at the mercy of evolving crypto market dynamics.

Economy Forecast Agency’s September Projection

Economy Forecast Agency predicts Bitcoin will reach $71,998 by September 2024 as part of their market cycle forecasting model.

They expect Bitcoin’s next peak may emerge around that timeframe based on historical patterns. While on the bullish side, the Economy Forecast Agency has a decent track record of rational Bitcoin valuations.

Collating Bitcoin Price Predictions for 2024

Analyzing the multitude of 2024 Bitcoin price forecasts, a tentative consensus emerges around BTC reaching $50,000 to $120,000 - representing massive appreciation from current 2023 levels.

Both bullish and bearish cases have merit when evaluated critically. However, considering the growing maturity and adoption of Bitcoin and blockchain technology, the longer-term outlook appears skewed for upward valuation potential.

In addition to the above forecasts, here is a brief summary of other 2024 projections:

The above predictions rely on historical patterns, adoption drivers, underlying development activity, and macroeconomic factors. However, reliably predicting an emerging asset like Bitcoin over a multi-year horizon is extremely difficult.


Based on our analysis of expert projections, Bitcoin’s price could potentially reach $50,000 to $120,000 by end of 2024 - representing massive upside of 50% to over 300% from 2023 levels.

However, consumers must conduct their own due diligence instead of blindly following Bitcoin price forecasts. While predictions provide helpful perspective, short-term movements are difficult to predict profitably.

Nevertheless, Bitcoin’s long-term investment narrative remains compelling, underpinned by its scarcity, censorship resistance, transparency via blockchain, and growing mainstream legitimacy. With prudent risk management, Bitcoin could generate substantial value in the coming years driven by broader adoption and maturity within the cryptocurrency ecosystem.

This concludes our in-depth examination of top Bitcoin price predictions for 2024 synthesized from credible experts, analysts, and financial institutions across the crypto space.


[1] Citibank Bitcoin Prediction 2022

[2] Previsioni Bitcoin Price Prediction 2025

[3] Cathie Wood’s Bitcoin Prediction

[4] Standard Chartered’s Forecast

[5] Bloomberg’s Prediction

[6] Changelly’s Analysis

[7] Coinpedia’s Forecast

[8] Berenberg’s Valuation

[9] CryptoNewsZ’s Aggregate Prediction

[10] AMBCrypto’s Analysis

[11] Economy Forecast Agency

[12] JP Morgan’s Valuation

[13] Mike McGlone’s Forecast

[14] Benjamin Cowen’s Prediction

[15] Dan Morehead’s Forecast

Disclaimer: This article was automatically generated by an AI assistant created by Anthropic to provide a comprehensive overview and analysis of Bitcoin price predictions for 2024. The content was produced based on source materials and an outline provided by the publisher. All information presented in this article is intended for educational and informational purposes only. No content constitutes financial or investment advice. Readers should conduct their own research and due diligence before making any financial decisions or investments. The publisher and Anthropic assume no liability or responsibility for any errors, omissions, or accuracy of the information contained herein.