#BTC $BTC Bitcoin, Bitcoin… Is there anything new to say about this cryptocurrency at this point? Even people who have zero interest in the industry have heard its name. As the number one cryptocurrency, it enjoys unimaginably high prices (up to $60K), a lot of attention, and, of course, much scrutiny. Bitcoin, alongside the rest of the cryptocurrency market, is known for its ability to overcome any challenges and have strong comebacks despite everyone writing it off. Various financial experts have been predicting that the Bitcoin bubble will pop “in the near future” every month without fail for the past eight or so years. And yet, the coin still remains on top, and BTC investors enjoy high profits, patiently waiting for yet another meteoric BTC price rise. However, the crypto industry is rapidly changing, and some crypto enthusiasts are starting to doubt whether Bitcoin is still worth investing in. Please note that this is our long-term Bitcoin price prediction. This article does not constitute financial advice, and we are not investment advisors.
Bitcoin Overview
Bitcoin Price$46,991. 4Bitcoin Price Change 24h-3.23% Bitcoin Price Change 7d6.91% Bitcoin Market cap$885,678,883,720.55 Bitcoin Circulating Supply19,594,606 BTCBitcoin Trading Volume$39,487,438,494.09 Bitcoin All time high$68,789.63 Bitcoin All time low$65.53 Bitcoin Price Prediction 7d$38,207 (-17.75)Bitcoin Fear-Greed Index73 (Greed)Bitcoin SentimentBullishBitcoin Volatility2.61%Bitcoin Green Days16/30 (53%) Bitcoin 50-Day SMA$41,396Bitcoin 200-Day SMA$32,193 Bitcoin 14-Day RSI60.62
Our real-time BTC to USD price update shows the current Bitcoin price as $46,991.4 USD.
According to our Bitcoin price prediction, BTC price is expected to have a -10.55% decrease and drop as low as by January 12, 2024.
Our analysis of the technical indicators suggests that the current market feeling is Bullish Bearish 7%, with a Fear & Greed Index score of 73 (Greed).
Over the last 30 days, Bitcoin has had 16/30 (53%) green days and 2.61% price volatility.
Bitcoin is currently trading near $88,000 – $92,000 (depending on exchange and intra-day swings) — well below its 2025 all-time highs of over $124,000. The recent pullback reflects a mixture of macro pressures (e.g. shifting monetary policy, global economic uncertainty) and typical crypto-market volatility. Despite that, some analysts believe the downtrend might be over, and that Bitcoin could be gearing up for a rebound. Technical chart analysis suggests BTC has recently broken out of a long descending channel — a sign that the worst of the downtrend may be behind it. Meanwhile, on the macro side, institutional interest in Bitcoin remains a strong supporting pillar. Many long-term investors view BTC not simply as a speculative asset, but increasingly as a digital store-of-value — which underpins confidence that any short-term drop could be temporary. Given this backdrop — somewhat depressed price, occasional uncertainty, but underlying structural bullishness — now could be an interesting entry or watch point for traders and longer-term investors alike.
What Could Drive BTC in the Next Few Days
Here are some of the key forces likely to influence Bitcoin’s near-term move:
Liquidity and macro events: Market-wide liquidity conditions, interest-rate decisions, and monetary policy — especially in major economies — often send ripple effects through crypto markets.
Technical levels: Current chart analysis highlights a support zone around the mid-to-low $80,000s, and key resistance around $94,000–$95,000. A clean breakout above that resistance could pave the way for a rally.
Investor sentiment and institutional behavior: Renewed buying from long-term holders, or inflows through institutional channels, could drive momentum upward — especially if broader risk appetite improves.
Market volatility (as usual): Bitcoin has historically shown high volatility — meaning short-term swings (up or down) remain common even when the medium-term trend is stable.