Bitcoin price started in 2024 at $42,458.92. Today, Bitcoin traded at $42,648.42, so the price decreased by 0% from the beginning of the year. The forecasted Bitcoin price at the end of 2024 is $86,158 - and the year to year change +103%. The rise from today to year-end: +102%. In the middle of 2024, we expect to see $61,642 per 1 Bitcoin. In the first half of 2025, the Bitcoin price will drop to $79,475; in the second half, the price would add $5,878 and close the year at $85,353, which is +100% to the current price. What is the current trading activity of Bitcoin? Sciberras points to the increased demand for block space on bitcoin’s network due to new “inscriptions” as a positive development. Inscriptions are recent innovations on the bitcoin blockchain such as ordinals and BRC-20 tokens.
The most recent halving occurred on April 19, when the reward for mining a block of bitcoin decreased from 6.25 BTC per block to 3.125 BTC per block. Bitcoin's Price and Regulations When looking at the Periods in the Price Performance table, the 5-Day through 2-Year periods are based on daily data, the 3-Year and 5-Year periods are based on weekly data, and the 10-Year and 20-Year periods are based on monthly data.