Bitcoin price prediction 2029
Our model puts Bitcoin's fair value at $356,000 by the end of 2029.
- Fair value
- $356,000
- Bottom
- $170,000
- Top
- $876,000
Fair value and bottom on 31 December 2029; top at its highest point in 2029 (December 2029).
Through the year
| Date | Fair value | Bottom | Top |
|---|---|---|---|
| 1 Jan 2029 | $252,000 | $128,000 | $621,000 |
| 1 Apr 2029 | $290,000 | $138,000 | $712,000 |
| 1 Jul 2029 | $322,000 | $148,000 | $792,000 |
| 1 Oct 2029 | $345,000 | $159,000 | $849,000 |
| 31 Dec 2029 | $356,000 | $170,000 | $876,000 |
What drives 2029
In 2029 the halving cycle lifts the fair value above the long-term trend, as in the year or two after a halving. 2029 is 1 year after the 2028 halving; the next one is expected in early 2032. Halving dates after 2024 are estimates.
Underneath the cycle, the long-term power-law trend stands at $256,000 in mid-2029. The fair value at the end of 2029 is 4.4 times today's price.
The price itself rarely sits on fair value. It swings between the bottom and the top, often by 50% or more within a year. What fair value means.
Questions
What is the Bitcoin price prediction for 2029?
Our model puts Bitcoin's fair value at $252,000 on 1 January 2029 and $356,000 on 31 December 2029. The actual price is usually above or below fair value; the bottom and top lines show the range it has historically stayed in.
How low could Bitcoin go in 2029?
The bottom line rises from $128,000 to $170,000 during 2029. Since June 2011 Bitcoin's daily price has never been below this line. That is history, not a guarantee.
How high could Bitcoin go in 2029?
The top line peaks at $876,000 in December 2029. On 97.5% of all past days the price was below this line, so a price above it would be unusually high.
When is the next Bitcoin halving?
The next halving is expected in early 2028. Halvings happen every 210,000 blocks, roughly every four years, and cut the new supply of bitcoin in half. The halving dates after that are estimates.
Model estimates, not a promise: past behaviour is no guarantee for the future. Not financial advice.