Bitcoin Price Today: How Will BTC React to $3B Buying Spree?

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Bitcoin Price Forecast For Next Month

Date Price Change
November 21, 2024$94,6790.29%
November 22, 2024$99,3645.25%
November 23, 2024$100,9356.91%
November 24, 2024$101,7447.77%
November 25, 2024$102,6398.72%

Based on Coingape’s Bitcoin price prediction, investors can expect a double-digit rally that leads to a peak of $104,725 as of November 26, leading to a correction. In a month from now, the largest crypto by market cap could be exchanging hands at around $100k.

Bitcoin Price Forecast Between 2025 and 2029

January $100,873.53 $99,727.36 $100,300.45 61.3%
February $100,812.06 $99,696.19 $100,254.13 61.3%
March $100,750.58 $99,665.02 $100,207.81 61.2%
April $100,689.11 $99,633.85 $100,161.49 61.1%
May $100,627.64 $99,602.68 $100,115.17 61%
June $100,566.17 $99,571.52 $100,068.85 61%
July $100,504.69 $99,540.35 $100,022.52 60.9%
August $100,443.22 $99,509.18 $99,976.20 60.8%
September $100,381.75 $99,478.01 $99,929.88 60.7%
October $100,320.28 $99,446.84 $99,883.56 60.7%
November $100,258.80 $99,415.67 $99,837.24 60.6%
December $100,197.33 $99,384.50 $99,790.92 60.5%
All Time $100,535.43 $99,555.93 $100,045.68 60.9%
January $103,010.64 $102,667.46 $105,097.01 69%
February $105,823.94 $105,950.42 $110,403.10 77.6%
March $108,637.25 $109,233.38 $115,709.19 86.1%
April $111,450.55 $112,516.33 $121,015.28 94.6%
May $114,263.86 $115,799.29 $126,321.37 103.2%
June $117,077.17 $119,082.25 $131,627.46 111.7%
July $119,890.47 $122,365.21 $136,933.55 120.2%
August $122,703.78 $125,648.17 $142,239.64 128.8%
September $125,517.08 $128,931.13 $147,545.73 137.3%
October $128,330.39 $132,214.08 $152,851.82 145.9%
November $131,143.69 $135,497.04 $158,157.91 154.4%
December $133,957 $138,780 $163,464 162.9%
All Time $118,483.82 $120,723.73 $134,280.51 116%
January $139,801.17 $144,684.75 $169,276.92 172.3%
February $145,645.33 $150,589.50 $175,089.83 181.6%
March $151,489.50 $156,494.25 $180,902.75 191%
April $157,333.67 $162,399 $186,715.67 200.3%
May $163,177.83 $168,303.75 $192,528.58 209.7%
June $169,022 $174,208.50 $198,341.50 219%
July $174,866.17 $180,113.25 $204,154.42 228.4%
August $180,710.33 $186,018 $209,967.33 237.7%
September $186,554.50 $191,922.75 $215,780.25 247.1%
October $192,398.67 $197,827.50 $221,593.17 256.4%
November $198,242.83 $203,732.25 $227,406.08 265.8%
December $204,087 $209,637 $233,219 275.1%
All Time $171,944.08 $177,160.88 $201,247.96 223.7%
January $212,511.67 $218,298 $243,655 291.9%
February $220,936.33 $226,959 $254,091 308.7%
March $229,361 $235,620 $264,527 325.5%
April $237,785.67 $244,281 $274,963 342.3%
May $246,210.33 $252,942 $285,399 359%
June $254,635 $261,603 $295,835 375.8%
July $263,059.67 $270,264 $306,271 392.6%
August $271,484.33 $278,925 $316,707 409.4%
September $279,909 $287,586 $327,143 426.2%
October $288,333.67 $296,247 $337,579 443%
November $296,758.33 $304,908 $348,015 459.8%
December $305,183 $313,569 $358,451 476.5%
All Time $258,847.33 $265,933.50 $301,053 384.2%
January $317,150.58 $326,144.33 $372,391.92 499%
February $329,118.17 $338,719.67 $386,332.83 521.4%
March $341,085.75 $351,295 $400,273.75 543.8%
April $353,053.33 $363,870.33 $414,214.67 566.2%
May $365,020.92 $376,445.67 $428,155.58 588.7%
June $376,988.50 $389,021 $442,096.50 611.1%
July $388,956.08 $401,596.33 $456,037.42 633.5%
August $400,923.67 $414,171.67 $469,978.33 655.9%
September $412,891.25 $426,747 $483,919.25 678.4%
October $424,858.83 $439,322.33 $497,860.17 700.8%
November $436,826.42 $451,897.67 $511,801.08 723.2%
December $448,794 $464,473 $525,742 745.6%
All Time $382,972.29 $395,308.67 $449,066.96 622.3%

By 2025, Bitcoin price could hit the six-digit territory, and expect a massive bull run to kickstart in the years leading up to 2029. Coingape’s Bitcoin price prediction notes that BTC could trade between $82,213.41 and $660,471.83 by 2029.

Bitcoin Price Outlook between 2030 and 2050

2030

2031

2032

2033

2040

2050

January $465,154.42 $481,462.17 $546,469.67 779%
February $481,514.83 $498,451.33 $567,197.33 812.3%
March $497,875.25 $515,440.50 $587,925 845.6%
April $514,235.67 $532,429.67 $608,652.67 879%
May $530,596.08 $549,418.83 $629,380.33 912.3%
June $546,956.50 $566,408 $650,108 945.7%
July $563,316.92 $583,397.17 $670,835.67 979%
August $579,677.33 $600,386.33 $691,563.33 1012.3%
September $596,037.75 $617,375.50 $712,291 1045.7%
October $612,398.17 $634,364.67 $733,018.67 1079%
November $628,758.58 $651,353.83 $753,746.33 1112.4%
December $645,119 $668,343 $774,474 1145.7%
All Time $555,136.71 $574,902.58 $660,471.83 962.3%
January $667,167.08 $691,240.58 $802,526.58 1190.8%
February $689,215.17 $714,138.17 $830,579.17 1235.9%
March $711,263.25 $737,035.75 $858,631.75 1281.1%
April $733,311.33 $759,933.33 $886,684.33 1326.2%
May $755,359.42 $782,830.92 $914,736.92 1371.3%
June $777,407.50 $805,728.50 $942,789.50 1416.4%
July $799,455.58 $828,626.08 $970,842.08 1461.5%
August $821,503.67 $851,523.67 $998,894.67 1506.7%
September $843,551.75 $874,421.25 $1,026,947.25 1551.8%
October $865,599.83 $897,318.83 $1,054,999.83 1596.9%
November $887,647.92 $920,216.42 $1,083,052.42 1642%
December $909,696 $943,114 $1,111,105 1687.1%
All Time $788,431.54 $817,177.29 $956,815.79 1439%
January $946,061.92 $979,838.83 $1,150,786.08 1751%
February $982,427.83 $1,016,563.67 $1,190,467.17 1814.8%
March $1,018,793.75 $1,053,288.50 $1,230,148.25 1878.6%
April $1,055,159.67 $1,090,013.33 $1,269,829.33 1942.4%
May $1,091,525.58 $1,126,738.17 $1,309,510.42 2006.3%
June $1,127,891.50 $1,163,463 $1,349,191.50 2070.1%
July $1,164,257.42 $1,200,187.83 $1,388,872.58 2133.9%
August $1,200,623.33 $1,236,912.67 $1,428,553.67 2197.7%
September $1,236,989.25 $1,273,637.50 $1,468,234.75 2261.6%
October $1,273,355.17 $1,310,362.33 $1,507,915.83 2325.4%
November $1,309,721.08 $1,347,087.17 $1,547,596.92 2389.2%
December $1,346,087 $1,383,812 $1,587,278 2453%
All Time $1,146,074.46 $1,181,825.42 $1,369,032.04 2102%
January $1,387,378.67 $1,426,572.58 $1,647,465.92 2549.9%
February $1,428,670.33 $1,469,333.17 $1,707,653.83 2646.7%
March $1,469,962 $1,512,093.75 $1,767,841.75 2743.5%
April $1,511,253.67 $1,554,854.33 $1,828,029.67 2840.3%
May $1,552,545.33 $1,597,614.92 $1,888,217.58 2937.1%
June $1,593,837 $1,640,375.50 $1,948,405.50 3033.9%
July $1,635,128.67 $1,683,136.08 $2,008,593.42 3130.7%
August $1,676,420.33 $1,725,896.67 $2,068,781.33 3227.5%
September $1,717,712 $1,768,657.25 $2,128,969.25 3324.3%
October $1,759,003.67 $1,811,417.83 $2,189,157.17 3421.1%
November $1,800,295.33 $1,854,178.42 $2,249,345.08 3517.9%
December $1,841,587 $1,896,939 $2,309,533 3614.7%
All Time $1,614,482.83 $1,661,755.79 $1,978,499.46 3082.3%
January $1,912,592.58 $1,975,978.17 $2,362,093.25 3699.3%
February $1,983,598.17 $2,055,017.33 $2,414,653.50 3783.8%
March $2,054,603.75 $2,134,056.50 $2,467,213.75 3868.4%
April $2,125,609.33 $2,213,095.67 $2,519,774 3952.9%
May $2,196,614.92 $2,292,134.83 $2,572,334.25 4037.4%
June $2,267,620.50 $2,371,174 $2,624,894.50 4122%
July $2,338,626.08 $2,450,213.17 $2,677,454.75 4206.5%
August $2,409,631.67 $2,529,252.33 $2,730,015 4291.1%
September $2,480,637.25 $2,608,291.50 $2,782,575.25 4375.6%
October $2,551,642.83 $2,687,330.67 $2,835,135.50 4460.1%
November $2,622,648.42 $2,766,369.83 $2,887,695.75 4544.7%
December $2,693,654 $2,845,409 $2,940,256 4629.2%
All Time $2,303,123.29 $2,410,693.58 $2,651,174.63 4164.3%
January $2,753,723.75 $2,916,544.25 $3,019,295.17 4756.4%
February $2,813,793.50 $2,987,679.50 $3,098,334.33 4883.5%
March $2,873,863.25 $3,058,814.75 $3,177,373.50 5010.6%
April $2,933,933 $3,129,950 $3,256,412.67 5137.7%
May $2,994,002.75 $3,201,085.25 $3,335,451.83 5264.9%
June $3,054,072.50 $3,272,220.50 $3,414,491 5392%
July $3,114,142.25 $3,343,355.75 $3,493,530.17 5519.1%
August $3,174,212 $3,414,491 $3,572,569.33 5646.3%
September $3,234,281.75 $3,485,626.25 $3,651,608.50 5773.4%
October $3,294,351.50 $3,556,761.50 $3,730,647.67 5900.5%
November $3,354,421.25 $3,627,896.75 $3,809,686.83 6027.7%
December $3,414,491 $3,699,032 $3,888,726 6154.8%
All Time $3,084,107.38 $3,307,788.13 $3,454,010.58 5455.6%

The bullish explosive trend noted up to 2029 will continue for BTC based on CoinGape predictions and potentially push the average price of BTC in 2050 between $2.9 million and $3.3 million. Investors should note that these long-term predictions can change and, hence, should be taken with a grain of salt.

How Will Bitcoin Price React to $3 Billion Buying Spree?

Michael Saylor, the CEO and founder of MicroStrategy, has increased the size of its convertible note from $1.75 billion to $2.6 billion. This suggests that the company will continue its BTC buying spree.

According to the announcement, the offering will close today, November 21, and is aimed at high-net-worth investors with a maturity of 2029. The blog also added,

“The notes will be sold in a private offering only to persons reasonably believed to be qualified institutional buyers.”

Investors need to note that the latest offerings has not finished yet, as MicroStrategy announces the new offering.

On a side note, here’s Michael Saylor’s tweet from two days ago.

MicroStrategy has acquired 51,780 BTC for ~$4.6 billion at ~$88,627 per #bitcoin and has achieved BTC Yield of 20.4% QTD and 41.8% YTD. As of 11/17/2024, we hodl 331,200 $BTC acquired for ~$16.5 billion at ~$49,874 per bitcoin. $MSTR https://t.co/SRRtRrB2jO

— Michael Saylor⚡️ (@saylor) November 18, 2024

Although this is fundamentally bullish for Bitcoin, the implication of this might not be felt in the short term. The lack of influence on BTC’s value can be attributed to over-the-counter (OTC) deals. Institutions or high-net-worth individuals use methods to conceal their buys in the short term and do not affect the market price of the underlying asset.

Regardless, the outlook is bullish, and the momentum is strong, so it wouldn’t be surprising if Bitcoin hits $100,000 before November ends.

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