What is the price estimate of BTC by the end of 2024?

Bitcoin Price Estimate for End of 2024

Overview

Bitcoin (BTC) is expected to experience a notable price increase by the end of 2024. Various forecasts suggest a bullish trend, with potential gains for investors who buy at current prices.

November 2024 Predictions

• Price Range: $92,888 to $111,379
• Potential Gain: 19.43% if bought at current prices and sold at predicted rates (CoinCodex).

December 2024 Predictions

• Price Range: $107,460 to $115,123
• Average Price: $111,925
• Potential Profit: 23.45% compared to current prices (CoinCodex).

General 2024 Forecast

• Trading Channel: $92,888 to $115,123
• Average Annualized Price: $108,536
• Return on Investment: 23.45% (CoinCodex).

Market Sentiment

• Current Sentiment: Bullish
• Fear & Greed Index: 83 (Extreme Greed)
• Price Volatility: 12.01% over the last 30 days (CoinCodex).

Short-Term Outlook

• Next Week's Prediction: Price expected to decrease by -1.13%, reaching $99,884 by December 2, 2024 (CoinCodex).

Conclusion

By the end of 2024, Bitcoin is projected to trade within a range of $107,460 to $115,123, with an average price of $111,925. This suggests a strong potential for profit, making it an attractive option for investors looking to capitalize on the current bullish trend.