Bitcoin Price Today: Why BTC Crashed 4% Before $100K?

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Bitcoin Price Forecast For Next 30 Days

Date Price Change
November 24, 202498972.370.35%
November 25, 2024103526.424.97%
November 26, 2024105990.677.47%
November 27, 2024106991.258.48%
November 28, 2024107064.628.56%
November 29, 2024106642.368.13%
November 30, 2024106488.897.97%
December 01, 2024106730.378.22%
December 02, 2024107032.558.53%
December 03, 2024107159.168.65%
December 04, 2024107676.759.18%
December 05, 2024108340.559.85%
December 06, 2024108273.219.78%
December 07, 2024108306.929.82%
December 08, 2024109849.1511.38%
December 09, 2024110378.7211.92%
December 10, 2024109949.8011.48%
December 11, 2024109271.7210.8%
December 12, 2024108802.8510.32%
December 13, 2024108886.9010.41%
December 14, 2024107088.198.58%
December 15, 2024106516.108%
December 16, 2024107220.138.72%
December 17, 2024108917.1210.44%
December 18, 2024110909.5712.46%
December 19, 2024112814.3614.39%
December 20, 2024113615.2715.2%
December 21, 2024113651.6215.24%
December 22, 2024113621.2815.21%
December 23, 2024114088.1115.68%

Based on Coingape’s Bitcoin price prediction, investors can expect a double-digit rally that leads to a peak of $110,724 in the coming month. While there may be a brief correction, BTC’s trend remains bullish. Bitcoin Price Forecast Between 2025 and 2029

Bitcoin Price Prediction From 2025 to 2029

January $104,463.24 $112,841.75 $108,652.50 74.8%
February $104,078.19 $111,595.39 $107,836.79 73.4%
March $103,693.15 $110,349.02 $107,021.09 72.1%
April $103,308.10 $109,102.66 $106,205.39 70.8%
May $102,923.06 $107,856.30 $105,389.68 69.5%
June $102,538.02 $106,609.94 $104,573.98 68.2%
July $102,152.97 $105,363.57 $103,758.28 66.9%
August $101,767.93 $104,117.21 $102,942.57 65.6%
September $101,382.88 $102,870.85 $102,126.87 64.3%
October $100,997.84 $101,624.49 $101,311.17 63%
November $100,612.79 $100,378.12 $100,495.46 61.6%
December $100,227.75 $99,131.76 $99,679.76 60.3%
All Time $102,345.49 $105,986.75 $104,166.13 67.5%
January $103,038.52 $102,435.78 $104,995.11 68.9%
February $105,849.29 $105,739.80 $110,310.47 77.4%
March $108,660.06 $109,043.82 $115,625.82 86%
April $111,470.83 $112,347.84 $120,941.17 94.5%
May $114,281.60 $115,651.86 $126,256.53 103.1%
June $117,092.38 $118,955.88 $131,571.88 111.6%
July $119,903.15 $122,259.90 $136,887.23 120.2%
August $122,713.92 $125,563.92 $142,202.59 128.7%
September $125,524.69 $128,867.94 $147,517.94 137.3%
October $128,335.46 $132,171.96 $152,833.29 145.8%
November $131,146.23 $135,475.98 $158,148.65 154.4%
December $133,957 $138,780 $163,464 162.9%
All Time $118,497.76 $120,607.89 $134,229.56 115.9%
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%

In the next year, aka 2025, Bitcoin price is likely to stay well above the six-digit territory and shows no signs of correction below it. Coingape’s Bitcoin price prediction data reveals a peak of $104,280.26 in February 2025.

How Will Bitcoin Price Fare 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%

Roughly five years from now, aka 2023, Bitcoin’s price will see an explosion to the upside, with an all-time high of $774,474 in the aforementioned year. In the same period, BTC could reach a low of $465,154.42. Based on CoinGape predictions, the average price of BTC in 2050 is 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.

Why BTC Crashed 4% Before $100K?

Many investors are expecting fireworks as Bitcoin price inches closer to $100,000. This historic level will likely trigger a frenzy of capital inflow from retail investors looking to make it big. This behavior is termed FOMO or Fear Of Missing Out and often leads to massive speculation and exponential rallies in altcoins.

With so much anticipation and money on the line, a drop in BTC has caused widespread liquidations. Based on the below image, roughly $490 million worth of crypto assets faced liquidation on November 24. Over the weekend, this number stands at $975 million.

Crypto, BTC liquidationCrypto, BTC liquidation

Interestingly, this outlook comes after the host of the popular Mad Money show, Jim Cramer, told investors to buy and called BTC a winner.

Bitcoin Technical Analysis: What’s Next For BTC?

Bitcoin price is close to retesting the 261.8% Fibonacci extension level of $102,164, as discussed in a previous CoinGape BTC article. The recent drop created a higher low relative to the November 21 swing low of $95,666. While this could be due to the bullish momentum, investors must be cautious of another correction.

An ideal buy zone would be the one-hour demand zone, extending from $84,032 to $95,000. A bounce here would retest the trend line connecting the string of higher lows formed since November 12 and could entice sidelined buyers to purchase BTC at a discount. A spike in buying pressure could send Bitcoin price to the next key target of $102,164 or 261.8% Fibonacci extension level.

BTC/USDT 1-hour chartBTC/USDT 1-hour chart

On the other hand, BTC could continue pumping from the current level and hit the 261.8% Fibonacci extension level. This is possible due to the nature of the market outlook, which is largely bullish.

A contrary outlook could see Bitcoin price breach the uptrend line connecting swing lows formed since November 12. This move would invalidate the bullish thesis and could signal that a steeper correction is brewing. Such a development could see BTC reenter the $93,437 to $86,113 range.

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