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    Bitcoin Price Prediction

    (btc)

    $66603 (4.1670%)

    Bitcoin Overview

    • btc is currently trading at USD 66603 with a forecasted increase of 5.15% to $67,371.49 by 30 Jul 2024.

    • Technical indicators suggest a Buy market sentiment.

    • Over the last 30 days, btc has seen 16/30 green days, reflecting a 53% positive trading trend. With a price volatility of 9.02%, btc exhibits moderate fluctuations.

    • In the past 24 hours, btc has experienced a positive trend of 4.13% since yesterday. The live market cap stands at USD 1313399826766, with a circulating supply of 19728150 coins out of a maximum supply of 21000000 btc .

    Bitcoin Price Forecast

    Our approach to cryptocurrency price forecasting involves training Machine Learning models on diverse datasets and continuously refining them, ensuring adaptability to changing market dynamics and maintaining our position at the forefront of accurate predictions.

    • Our model demonstrates a low Mean Squared Error (MSE) value of 2, indicating minimal variance between predicted and actual cryptocurrency prices.

    • With a Mean Absolute Error (MAE) value of 4, our predictions exhibit a high level of accuracy, capturing the true magnitude of price deviations.

    • The error percentage of 0.96% signifies a negligible deviation between forecasted and observed cryptocurrency prices, instilling confidence in the reliability of our predictions.

    • Our models, supported by MSE, MAE, and error percentage metrics, provide valuable insights for investors seeking informed decisions in navigating the cryptocurrency market.

    DateLowAverageHighROI
    2024-07-2361,804.7663,104.5764,990.57-3.26
    2024-07-2460,494.7561,767.6663,645.52-4.33
    2024-07-2560,494.7562,423.0264,275.67-4.33
    2024-07-2663,113.6764,427.4665,689.74-2.22
    2024-07-2763,843.9865,186.6867,134.91-0.07
    2024-07-2864,575.8967,374.1869,957.212.13
    2024-07-2967,371.4868,787.6670,808.84.37
    2024-07-3065,270.5967,371.4970,029.913.23
    2024-07-3165,225.0467,32369,9322.09
    2024-08-0163,842.5465,877.5267,832.70.97
    2024-08-0264,455.6965,119.9866,428.83-0.14
    2024-08-0364,499.7666,574.3969,154.380.95
    2024-08-0465,164.7166,534.568,489.440.95
    2024-08-0563,834.8165,17867,159.540.95
    2024-08-0663,132.6364,461.0566,420.79-0.16
    2024-08-0763,132.6365,868.3868,393.68-0.16
    2024-08-0863,132.6365,144.9867,078.42-0.16
    2024-08-0965,156.8266,526.4468,481.150.94
    2024-08-1063,827.0965,861.5867,816.280.94
    2024-08-1163,782.5465,110.866,412.75-0.17
    2024-08-1263,819.3765,162.2467,143.290.93
    2024-08-1363,774.8365,116.0767,062.19-0.18
    2024-08-1463,774.8365,826.1468,377.13-0.18
    2024-08-1563,073.365,082.5466,974.74-1.28
    2024-08-1663,073.364,399.7966,324.5-1.28

    Bitcoin Price Prediction 2025

    As per our crypto market analysis through the Machine Learning Model, the peak value of Bitcoin in 2025 will be around $ 147,206.3, which may reach a lower value of $ 75,567.29. The average trading value will be $ 131,548.9.

    Bitcoin Price Prediction 2026

    The Bitcoin in 2026 may touch the highest value of $ 219,850.93, and the lower value may be around $ 117,370.77. The average trading value will be around $ 196,153.73.

    Bitcoin Price Prediction 2027

    Our prediction on the Bitcoin token price in 2027 might surprise investors. This year, the Bitcoin coin may touch the highest value of $ 332,292.72, and the lower value may be around $171,964.4. The average trading value will be around $294,992.11.

    Bitcoin Price Prediction 2028

    We predict the Bitcoin coin may reach the maximum value of $524,283.37 and the lowest value of $275,761.16 in the 2028 calendar year. The average value will be around $475,242.

    Bitcoin Price Prediction 2029

    Our market analysis data expects that the highest value of the Bitcoin crypto may reach $768,105.76, and it may touch the lowest value of $ 394,777.853 in 2029. The average trading value of this coin will be around $679,424.46.

    Bitcoin Price Prediction 2030

    Our crypto analyst team and Machine Learning experts predict that the maximum Bitcoin token price will be around $1,201,382.9, and the lower value may be approximately $ 576,234.52 in 2030. The average value will be about $1,045,835.42.

    Following the presentation of our forecast table, we provide users with convenient procedure links, offering insight into the comprehensive steps taken to derive our predictions. These resources afford transparency into our analytical process, detailing methodologies, data sources, and algorithms used to formulate forecasts, empowering users to grasp the intricacies behind our predictions.

    Bitcoin's 50-Day, 200-Day Simple Moving Averages and 14-Day Relative Strength Index - RSI (14)

    Based on our technical analysis, Bitcoin Coin's200-day SMA is projected to ascend over the next month, reaching $ 67,371.49 by Jul 30, 2024. Simultaneously, the short-term 50-day SMA is expected to reach $ 63793.18 by the same date.

    The Relative Strength Index (RSI) currently stands at 65.43, indicating a Neutral market sentiment for Bitcoin.

    About Bitcoin

    The price history of Bitcoin reflects its journey from $209.748 to $ 66603, influenced by market demand and various factors. Bitcoin operates on blockchain technology, facilitating secure and decentralized transactions through its network of nodes and consensus mechanisms.

    FAQs

    Looking ahead to five years, Bitcoin has the potential to potentially reach $487,884.41. However, given market volatility, it's crucial to conduct thorough research before investing in any project, network, or asset.

    The current price of Bitcoin stands at $66,603. Comparing this to its historical averages and other cryptocurrencies in the market, we find that it has increased by 2.69% from last month.

    Recent News: Bitcoin

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    Bitcoin Statistics

    Bitcoin Price$66,603
    Bitcoin Price Change (24hr)4.16698%
    Bitcoin Price Change (7d)2.6932%
    Bitcoin Market$1,313,399,826,766
    Bitcoin Trading Volume35,961,013,358
    Bitcoin All time high$73,738
    Bitcoin Volatility-9.4317%
    Bitcoin Green Days16/30(53%)
    Bitcoin 50-Day SMA63,730.98
    Bitcoin 200-Day SMA60,227.79
    Bitcoin 14-Day RSI57.8513
    Bitcoin Rate of Change4.1670%
    Bitcoin Overview
    SymbolPrice($)Change(%)
    cel0.91529970.37
    ctsi0.25807519.80
    sei0.41404818.40
    omni20.6117.94
    bonk0.0000310213.37
    imx1.619.52
    xrp0.5926418.35
    ftm0.5213797.89
    gala0.025275297.80
    dydx1.477.63