After a strong price rally around the turn of the year 2020/2021, Bitcoin has run out of air a little in recent months. From the all-time high, the price has almost halved. What does the further Bitcoin forecast for 2022 and beyond look like?
A negative news flow has repeatedly led to strong price losses in the past. Not infrequently, there were days when the Bitcoin was down by over 10%. But again and again there were also counter-movements in the crypto market.
However, since many investors are betting on Bitcoin in the long term, the following article will take a look into the future. Here we look at how the Bitcoin price is created and whether the most valuable cryptocurrency is worth buying and a good investment. Will Bitcoin rise again or continue to fall? Are there any better alternatives? We clarify. Our ongoing Bitcoin price forecast 2021, 2022, 2023, 2024, 2025, 2030 to 2050: Where is the Bitcoin price going? Bitcoin Forecast: Update from 16.05.2022
Bitcoin (BTC) is currently trading at a price of $30,055.21 and has suffered another loss in the last seven days. In a week-on-week comparison, the world’s largest cryptocurrency had to decline by almost 9%.
After the crypto markets were shaken by a downright sell-off last week, some optimism returned to the markets in recent days. Whether the positive developments of the last few days are the establishment of a positive trend, we can not yet conclusively assess at this time.
Bitcoin forecast for week 20: Our Bitcoin forecast for this week is cautiously positive. After the sharp price losses of the past few weeks, the Bitcoin price may have found a bottom and was then able to break through the important mark of 30,000 US dollars again. If a new support can be set up at this level, we could see rising prices this week.
The EMA 20 at 33,722 US dollars represents the next important hurdle. However, since there is still a lot of uncertainty among investors, there is no profit guarantee for this week either.Bitcoin Forecast: Update from 02.05.2022
Bitcoin (BTC) can look back on a positive trading week. The price of the world’s largest cryptocurrency rose by 0.84%, rising to a value of 38,846.99 US dollars. The price gains were triggered by several positive news: On the one hand, the American financial services provider Fidelity announced that customers can invest in Bitcoin as part of their 401k retirement provision. On the other hand, it became known that the Central African Republic would accept Bitcoin as an official means of payment.
This news was well received by the markets and caused a jump in the price of Bitcoin.
Bitcoin forecast for week 18: This week, we focus our attention on the upcoming meeting of the US Federal Reserve in the Bitcoin forecast. The Fed may be forced to adopt a sharper rate hike due to high inflation figures. This would likely have a negative impact on riskier assets like Bitcoin. However, with the U.S. economy experiencing a decline in Q1 2022, the Fed could also stick to its projected rate hike. This would rather speak for rising Bitcoin prices.
As support and resistance levels, we can currently make the marks of just under $37,500 and $40,000 respectively. Traders should keep a close eye on these levels over the next few days. Bitcoin Forecast: Update from 18.04.2022
Bitcoin (BTC) currently stands at a price of 39,002.61 US dollars and therefore had to accept a loss of -7.50% in the past seven days. Currently, many investors expect the US Federal Reserve to start tapering from May 2022 and thus reduce its balance sheet total.
This expectation creates uncertainty among investors and drives the prices of riskier asset classes down. For Bitcoin, this concern led to an outflow of just under $130 million last week.
Bitcoin forecast for week 16: Our Bitcoin forecast for the coming week is neutral to negative. We are currently recognizing that Bitcoin is in a short-term negative trend. If this trend continues, the Bitcoin price could fall to just under 35,000 US dollars.
However, the relatively low liquidity on the crypto exchanges could also be an indicator of an imminent price upswing. Should this happen, Bitcoin would first have to crack the EMA 20 at 41,729.57 US dollars. Investors should pay particular attention to the corporate reports of US tech stocks this week, as the Bitcoin price is strongly correlated with these stocks. If the reports are positive, there could be short-term price jumps. However, the establishment of a positive trend seems unlikely to us. Bitcoin Forecast: Update from 11.04.2022
Bitcoin (BTC) is currently trading at a price of $41,872.94. Thus, the largest cryptocurrency in the world had to accept a loss of almost 10% in the past seven days.
After the Bitcoin price failed at the beginning of last week at the mark of 48,000 US dollars, the cryptocurrency went down in the further course of the week. The price decline can be explained by the fear of a stricter monetary policy of the US Federal Reserve. Even the actually successful Bitcoin conference in Miami could not change these worries.
Bitcoin forecast for week 15: In the current situation, we assume a continuation of the price decline in Bitcoin. For this week’s price development, the report on US consumer prices plays a decisive role. If prices rise sharply again in March 2022, this could be an indication of tighter monetary policy. In this case, there could be further losses with Bitcoin.
From a technical point of view, the BTC price could again fall below the important mark of 40,000 US dollars. If, contrary to expectations, there is a price recovery, the next resistance at the EMA 50 would be at a price of 42,990 US dollars.Bitcoin Forecast: Update from 04.04.2022
The Bitcoin price currently stands at 46,053.87 US dollars. For the last seven days, this represents a minus of 2.20%. BTC tested the $ 48,000 mark several times in recent days, but could not break it sustainably. After failing at this level, the BTC price returned again towards 46,000 US dollars.
In recent days, the low volatility of Bitcoin has been particularly striking. This could be an indication that this week could be a landmark trading week.
Bitcoin forecast for week 14: A Bitcoin forecast is currently difficult. After the positive developments of recent weeks, BTC had to accept a loss last week. Investors should be very attentive in the next few days and watch the prices closely. Since the Bitcoin conference is also taking place in Miami this week, there could be relatively strong price swings.
In a positive scenario, the Bitcoin price could test the $50,000 mark. Such a price jump could, for example, be triggered by positive news from the Bitcoin conference. On the other hand, the “bears” continue to try to push the price down. If the pessimists gain the upper hand, we could see Bitcoin prices below $45,000. Bitcoin Forecast: Update from 28.03.2022
Bitcoin (BTC) is currently trading at a price of 47,134.92 US dollars and was thus able to record an increase of almost 14% in the past trading week. Over the past seven days, the positive trend in Bitcoin has continued as several positive news made investors optimistic.
One reason for the rising Bitcoin price can be found in the Russian government’s statements that bitcoin may be accepted as a means of payment for oil and gas supplies. In addition, Goldman Sachs called the cryptocurrency a “mega-trend” and thus ensured an even more positive mood among investors.