Bitcoin Price Today: Why is BTC Crashing?

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Bitcoin Price Outlook For The Next Month

Date Price Change
December 01, 202497095.080.63%
December 02, 202499008.792.62%
December 03, 202499636.603.27%
December 04, 202499495.653.12%
December 05, 202499107.582.72%
December 06, 202498978.232.58%
December 07, 202499476.613.1%
December 08, 202499652.533.28%
December 09, 2024100009.943.65%
December 10, 2024100654.014.32%
December 11, 2024101351.665.04%
December 12, 2024100633.834.3%
December 13, 2024101949.085.66%
December 14, 2024103056.876.81%
December 15, 2024103190.926.95%
December 16, 2024102378.226.11%
December 17, 2024101668.275.37%
December 18, 2024101635.425.34%
December 19, 2024100394.824.05%
December 20, 202499031.302.64%
December 21, 202499278.182.89%
December 22, 2024101140.984.83%
December 23, 2024103343.127.11%
December 24, 2024105525.369.37%
December 25, 2024106883.1310.78%
December 26, 2024106957.7910.85%
December 27, 2024106884.3110.78%
December 28, 2024107350.4211.26%
December 29, 2024107490.4011.41%
December 30, 2024107353.2511.26%

Based on Coingape’s Bitcoin price prediction, investors can expect a double-digit rally that leads to a peak of $108,918 as of December 31. While there may be a brief correction, BTC’s trend remains bullish. Bitcoin Price Forecast Between 2025 and 2029

Bitcoin Price Outlook Between 2025 & 2029

January $97,384.10 $107,478.97 $102,431.53 64.8%
February $97,673.11 $107,467.54 $102,570.33 65%
March $97,962.13 $107,456.11 $102,709.12 65.2%
April $98,251.14 $107,444.68 $102,847.91 65.4%
May $98,540.16 $107,433.25 $102,986.71 65.6%
June $98,829.17 $107,421.83 $103,125.50 65.9%
July $99,118.19 $107,410.40 $103,264.29 66.1%
August $99,407.20 $107,398.97 $103,403.09 66.3%
September $99,696.22 $107,387.54 $103,541.88 66.5%
October $99,985.23 $107,376.11 $103,680.67 66.8%
November $100,274.25 $107,364.68 $103,819.47 67%
December $100,563.26 $107,353.25 $103,958.26 67.2%
All Time $98,973.68 $107,416.11 $103,194.90 66%
January $103,346.07 $109,972.15 $108,917.07 75.2%
February $106,128.88 $112,591.04 $113,875.88 83.2%
March $108,911.70 $115,209.94 $118,834.70 91.1%
April $111,694.51 $117,828.83 $123,793.51 99.1%
May $114,477.32 $120,447.73 $128,752.32 107.1%
June $117,260.13 $123,066.63 $133,711.13 115.1%
July $120,042.94 $125,685.52 $138,669.94 123%
August $122,825.75 $128,304.42 $143,628.75 131%
September $125,608.57 $130,923.31 $148,587.57 139%
October $128,391.38 $133,542.21 $153,546.38 147%
November $131,174.19 $136,161.10 $158,505.19 154.9%
December $133,957 $138,780 $163,464 162.9%
All Time $118,651.54 $124,376.07 $136,190.54 119.1%
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.

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%

Roughly five years from now, aka 2030, 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.

Bitcoin Price Analysis: Why is BTC Crashing?

Bitcoin price faced rejection off the $96,739 hurdle for the second time last week. The most recent retest of this hurdle was received with a massive spike in selling pressure that has led to 3.3% crash so far. From a technical perspective, this is the reason why BTC is crashing. However, another reason for this drop could be the start of a new month.

Typically, the start of a new day, week, month, quarter or even year is often met with bullish selling and is often followed by a strong trend. The start of November also saw a 4% crash on November 1 and continued the drop by 7% by the end of November 4.

If that’s the case then a drop down to the key support level around $92k should see a strong demand and buy-the-dip activity. This development could see Bitcoin price pause its downtrend and form a local bottom, hinting that the reversal is what would follow.

In such an outlook, Bitcoin could attempt to overcome the $97.2k and $99.6k hurdles. A decisive move above these barriers that flips it into a support floor could propel BTC beyond $100k. By the end of December, CoinGape’s Bitcoin price prediction foreacts a peak of $108k.

BTC/USDT 1-hour chart

On the other hand, if Bitcoin price fails to stop at $92k, it would signal a lack of demand. Such a development could see BTC invalidate the short-term bullish thesis. In that case, Bitcoin could continue its descent to $90k and sub-$90k levels.

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