Bitcoin Price: Here’s Why BTC Could Hit $100K Today
Highlights
- Bitcoin price today is up 0.90% and is likely to continue this bullish outlook.
- If BTC bullish momentum continues, leading to a breakout $100K retest today is likely.
- Historical data shows that Wednesdays have an average positive return of 0.36% and could help bulls reach $100K today.
Bitcoin (BTC) price today trades at $93,976.0 as of 11 PM. BTC price hit a daily high of $94,891.0 today after sliding 1.73% on October 10.
Why Is Bitcoin Price Up Today?
Bitcoin price today is up 1.73% and currently exchanges hands around $93,976.0. Since hitting an all-time high of $93,400 BTC, it has been consolidating. During this sideways movement, Bitcoin set up a new ATH of $93,980 on November 19, but due to a lack of follow-through, it has slipped back into the range.
Regardless, the long-term outlook remains bullish and can be attributed to the conclusion of the US elections. As a result of this, BTC broke out from its seven-month consolidation.
*bitcoin price updated as of 11 PM.
Value of BTC hovers around $93,976.0 as of November 20 with the year-to-date gain from 121% as of November 20. Although altcoins have shot up in excess of triple digits, Bitcoin is catching up but Ethereum’s YTD performance stands at 40% and is lackluster.
Although Bitcoin is the largest cryptocurrency by market capitalization, Bitcoin’s popularity is due to its first-mover advantage and its being a secure, decentralized network. In addition, many narratives, like digital gold, inflation hedges, and uncorrelated assets, have kept BTC at the forefront of the crypto market since its inception in 2009.
BTC Price Today is Bullish
Industry veterans’ speculation of a bull run post-US elections was right and Bitcoin is likely to end November and 2024 on a positive note. Many even expect a six-digit target for BTC by the end of November and is due to the historical returns. History shows that Bitcoin has always performed massively in the fourth quarter.
With that said, if Bitcoin price continues to set up new ATHs in November and December, its market capitalization, which stands at $1,859.2 billion, could push toward the $2 trillion mark.
Bitcoin: The Largest Cryptocurrency
While Bitcoin’s market cap hovers around $1,859.2 billion, with Ethereum, the duo controls nearly 65% of the total cryptocurrency market capitalization which stands at $2.40 trillion. Despite the seven-month consolidation, Bitcoin’s $1.3 trillion market cap remains strong, anticipating it reaching $2 trillion in 2025.
BTC’s 24-hour Trading Volume
Being the top crypto has its benefits; more people tend to flock toward the asset. Likewise, BTC’s 24-hour trading volume stands at $80.7 billion. With a major portion of this volume being contributed by Binance, one of the largest cryptocurrency exchanges. Binance’s share of BTC’s 24-hour trading volume is made up of spot and perpetuals trading. While spot volume hovers around 11%, perpetual volume stands at 41%. Exchanges like OKX, Bitget, etc, follow Binance.
Bitcoin Blockchain Upgrades
With a market cap of $1.3 trillion, it is necessary for the network to remain secure, decentralized and scalable. This is possible by upgrading the Bitcoin network on a regular basis.
Here are some notable upgrades the Bitcoin network has received or planned to receive since its inception in 2009.
Bitcoin Network Upgrades Since 2009
Here are some key milestone upgrades to the Bitcoin network over the past decade.
2020-2024
- Taproot Upgrade (November 2021)
- Muir Glacier Upgrade (January 2020)
- Schnorr/Tapscript Upgrade (proposed, not activated)
- SegWit2x (canceled)
- Segregated Witness (SegWit) Upgrade (August 2017)
- Bitcoin Core 0.12.0 Upgrade (February 2016)
- BIP66 Upgrade (July 2015)
- Bitcoin Core 0.9.0 Upgrade (March 2014)
- BIP0016 Upgrade (May 2013)
- Pay-to-Script-Hash (P2SH) Upgrade (April 2012)
- Bitcoin Core 0.6.0 Upgrade (June 2011)
-
Bitcoin Core 0.3.0 Upgrade (October 2009)
Bitcoin Price Forecast For Next Month
| Date | Price | Change |
|---|---|---|
| October 10, 2025 | 123176.41 | -0.05% |
| October 11, 2025 | 124902.44 | 1.35% |
| October 12, 2025 | 126956.85 | 3.02% |
| October 13, 2025 | 129367.03 | 4.98% |
| October 14, 2025 | 131168.48 | 6.44% |
| October 15, 2025 | 131871.68 | 7.01% |
| October 16, 2025 | 131209.41 | 6.47% |
| October 17, 2025 | 130088.64 | 5.56% |
| October 18, 2025 | 129526.37 | 5.11% |
| October 19, 2025 | 129861.64 | 5.38% |
| October 20, 2025 | 130443.04 | 5.85% |
| October 21, 2025 | 130805.95 | 6.14% |
| October 22, 2025 | 130720.79 | 6.08% |
| October 23, 2025 | 130423.58 | 5.83% |
| October 24, 2025 | 130102.85 | 5.57% |
| October 25, 2025 | 129817.98 | 5.34% |
| October 26, 2025 | 129783.70 | 5.31% |
| October 27, 2025 | 129361.96 | 4.97% |
| October 28, 2025 | 127782.79 | 3.69% |
| October 29, 2025 | 127070.93 | 3.11% |
| October 30, 2025 | 126672.54 | 2.79% |
| October 31, 2025 | 126399.44 | 2.57% |
| November 01, 2025 | 125665.71 | 1.97% |
| November 02, 2025 | 125036.83 | 1.46% |
| November 03, 2025 | 125543.89 | 1.87% |
| November 04, 2025 | 125753.11 | 2.04% |
| November 05, 2025 | 125889.33 | 2.15% |
| November 06, 2025 | 126378.25 | 2.55% |
| November 07, 2025 | 126366.90 | 2.54% |
| November 08, 2025 | 126051.38 | 2.29% |
Based on Coingape’s Bitcoin price prediction, investors can expect a double-digit rally that leads to a peak of $104,725 as of November 26, leading to a correction. In a month from now the largest crypto by market cap, could be exchanging hands at around $100K.
Bitcoin Price Forecast Between 2025 and 2029
| Month | Minimum Price | Average Price | Maximum Price | Potential ROI |
|---|---|---|---|---|
| January | $108,604.08 | $129,210.79 | $118,907.44 | -2.9% |
| February | $107,846.44 | $126,549.90 | $117,198.17 | -4.3% |
| March | $107,088.80 | $123,889.01 | $115,488.91 | -5.7% |
| April | $106,331.16 | $121,228.12 | $113,779.64 | -7.1% |
| May | $105,573.52 | $118,567.23 | $112,070.38 | -8.5% |
| June | $104,815.88 | $115,906.35 | $110,361.12 | -9.9% |
| July | $104,058.24 | $113,245.46 | $108,651.85 | -11.3% |
| August | $103,300.60 | $110,584.57 | $106,942.59 | -12.7% |
| September | $102,542.96 | $107,923.68 | $105,233.32 | -14.1% |
| October | $101,785.32 | $105,262.79 | $103,524.06 | -15.4% |
| November | $101,027.68 | $102,601.90 | $101,814.79 | -16.8% |
| December | $100,270.04 | $99,941.01 | $100,105.53 | -18.2% |
| All Time | $104,437.06 | $114,575.90 | $109,506.48 | -10.6% |
| Month | Minimum Price | Average Price | Maximum Price | Potential ROI |
|---|---|---|---|---|
| January | $115,504.29 | $115,883.93 | $120,277.65 | -1.8% |
| February | $130,738.53 | $131,826.84 | $140,449.78 | 14.7% |
| March | $145,972.78 | $147,769.76 | $160,621.90 | 31.2% |
| April | $161,207.03 | $163,712.67 | $180,794.02 | 47.7% |
| May | $176,441.27 | $179,655.59 | $200,966.14 | 64.1% |
| June | $191,675.52 | $195,598.51 | $221,138.27 | 80.6% |
| July | $206,909.77 | $211,541.42 | $241,310.39 | 97.1% |
| August | $222,144.01 | $227,484.34 | $261,482.51 | 113.6% |
| September | $237,378.26 | $243,427.25 | $281,654.63 | 130% |
| October | $252,612.51 | $259,370.17 | $301,826.76 | 146.5% |
| November | $267,846.75 | $275,313.08 | $321,998.88 | 163% |
| December | $283,081 | $291,256 | $342,171 | 179.5% |
| All Time | $199,292.64 | $203,569.96 | $231,224.33 | 88.9% |
| Month | Minimum Price | Average Price | Maximum Price | Potential ROI |
|---|---|---|---|---|
| January | $293,105.67 | $301,570.33 | $354,786.17 | 189.8% |
| February | $303,130.33 | $311,884.67 | $367,401.33 | 200.1% |
| March | $313,155 | $322,199 | $380,016.50 | 210.4% |
| April | $323,179.67 | $332,513.33 | $392,631.67 | 220.7% |
| May | $333,204.33 | $342,827.67 | $405,246.83 | 231% |
| June | $343,229 | $353,142 | $417,862 | 241.3% |
| July | $353,253.67 | $363,456.33 | $430,477.17 | 251.6% |
| August | $363,278.33 | $373,770.67 | $443,092.33 | 261.9% |
| September | $373,303 | $384,085 | $455,707.50 | 272.2% |
| October | $383,327.67 | $394,399.33 | $468,322.67 | 282.5% |
| November | $393,352.33 | $404,713.67 | $480,937.83 | 292.8% |
| December | $403,377 | $415,028 | $493,553 | 303.1% |
| All Time | $348,241.33 | $358,299.17 | $424,169.58 | 246.4% |
| Month | Minimum Price | Average Price | Maximum Price | Potential ROI |
|---|---|---|---|---|
| January | $417,320.67 | $429,730 | $511,190.25 | 317.5% |
| February | $431,264.33 | $444,432 | $528,827.50 | 331.9% |
| March | $445,208 | $459,134 | $546,464.75 | 346.3% |
| April | $459,151.67 | $473,836 | $564,102 | 360.7% |
| May | $473,095.33 | $488,538 | $581,739.25 | 375.1% |
| June | $487,039 | $503,240 | $599,376.50 | 389.5% |
| July | $500,982.67 | $517,942 | $617,013.75 | 403.9% |
| August | $514,926.33 | $532,644 | $634,651 | 418.4% |
| September | $528,870 | $547,346 | $652,288.25 | 432.8% |
| October | $542,813.67 | $562,048 | $669,925.50 | 447.2% |
| November | $556,757.33 | $576,750 | $687,562.75 | 461.6% |
| December | $570,701 | $591,452 | $705,200 | 476% |
| All Time | $494,010.83 | $510,591 | $608,195.13 | 396.7% |
| Month | Minimum Price | Average Price | Maximum Price | Potential ROI |
|---|---|---|---|---|
| January | $592,288.17 | $613,774.33 | $729,717.58 | 496% |
| February | $613,875.33 | $636,096.67 | $754,235.17 | 516% |
| March | $635,462.50 | $658,419 | $778,752.75 | 536% |
| April | $657,049.67 | $680,741.33 | $803,270.33 | 556.1% |
| May | $678,636.83 | $703,063.67 | $827,787.92 | 576.1% |
| June | $700,224 | $725,386 | $852,305.50 | 596.1% |
| July | $721,811.17 | $747,708.33 | $876,823.08 | 616.1% |
| August | $743,398.33 | $770,030.67 | $901,340.67 | 636.2% |
| September | $764,985.50 | $792,353 | $925,858.25 | 656.2% |
| October | $786,572.67 | $814,675.33 | $950,375.83 | 676.2% |
| November | $808,159.83 | $836,997.67 | $974,893.42 | 696.2% |
| December | $829,747 | $859,320 | $999,411 | 716.3% |
| All Time | $711,017.58 | $736,547.17 | $864,564.29 | 606.1% |
By 2025, Bitcoin price could hit the six-digit territory and expect a massive bull run to kickstart in the years leading up to 2029. Coingape’s Bitcoin price forecast notes that BTC could trade between $82,213.41 and $660,471.83 by 2029.
Bitcoin Price Prediction Between 2030 & 2050
| Month | Minimum Price | Average Price | Maximum Price | Potential ROI |
|---|---|---|---|---|
| January | $860,788.25 | $890,761.25 | $1,035,646.25 | 745.9% |
| February | $891,829.50 | $922,202.50 | $1,071,881.50 | 775.5% |
| March | $922,870.75 | $953,643.75 | $1,108,116.75 | 805.1% |
| April | $953,912 | $985,085 | $1,144,352 | 834.7% |
| May | $984,953.25 | $1,016,526.25 | $1,180,587.25 | 864.2% |
| June | $1,015,994.50 | $1,047,967.50 | $1,216,822.50 | 893.8% |
| July | $1,047,035.75 | $1,079,408.75 | $1,253,057.75 | 923.4% |
| August | $1,078,077 | $1,110,850 | $1,289,293 | 953% |
| September | $1,109,118.25 | $1,142,291.25 | $1,325,528.25 | 982.6% |
| October | $1,140,159.50 | $1,173,732.50 | $1,361,763.50 | 1012.2% |
| November | $1,171,200.75 | $1,205,173.75 | $1,397,998.75 | 1041.8% |
| December | $1,202,242 | $1,236,615 | $1,434,234 | 1071.4% |
| All Time | $1,031,515.13 | $1,063,688.13 | $1,234,940.13 | 908.6% |
| Month | Minimum Price | Average Price | Maximum Price | Potential ROI |
|---|---|---|---|---|
| January | $1,255,606.58 | $1,292,267.75 | $1,489,974.50 | 1116.9% |
| February | $1,308,971.17 | $1,347,920.50 | $1,545,715 | 1162.5% |
| March | $1,362,335.75 | $1,403,573.25 | $1,601,455.50 | 1208% |
| April | $1,415,700.33 | $1,459,226 | $1,657,196 | 1253.5% |
| May | $1,469,064.92 | $1,514,878.75 | $1,712,936.50 | 1299% |
| June | $1,522,429.50 | $1,570,531.50 | $1,768,677 | 1344.6% |
| July | $1,575,794.08 | $1,626,184.25 | $1,824,417.50 | 1390.1% |
| August | $1,629,158.67 | $1,681,837 | $1,880,158 | 1435.6% |
| September | $1,682,523.25 | $1,737,489.75 | $1,935,898.50 | 1481.2% |
| October | $1,735,887.83 | $1,793,142.50 | $1,991,639 | 1526.7% |
| November | $1,789,252.42 | $1,848,795.25 | $2,047,379.50 | 1572.2% |
| December | $1,842,617 | $1,904,448 | $2,103,120 | 1617.7% |
| All Time | $1,549,111.79 | $1,598,357.88 | $1,796,547.25 | 1367.3% |
| Month | Minimum Price | Average Price | Maximum Price | Potential ROI |
|---|---|---|---|---|
| January | $1,915,558.67 | $1,978,585.25 | $2,194,599.50 | 1692.4% |
| February | $1,988,500.33 | $2,052,722.50 | $2,286,079 | 1767.2% |
| March | $2,061,442 | $2,126,859.75 | $2,377,558.50 | 1841.9% |
| April | $2,134,383.67 | $2,200,997 | $2,469,038 | 1916.6% |
| May | $2,207,325.33 | $2,275,134.25 | $2,560,517.50 | 1991.3% |
| June | $2,280,267 | $2,349,271.50 | $2,651,997 | 2066% |
| July | $2,353,208.67 | $2,423,408.75 | $2,743,476.50 | 2140.7% |
| August | $2,426,150.33 | $2,497,546 | $2,834,956 | 2215.5% |
| September | $2,499,092 | $2,571,683.25 | $2,926,435.50 | 2290.2% |
| October | $2,572,033.67 | $2,645,820.50 | $3,017,915 | 2364.9% |
| November | $2,644,975.33 | $2,719,957.75 | $3,109,394.50 | 2439.6% |
| December | $2,717,917 | $2,794,095 | $3,200,874 | 2514.3% |
| All Time | $2,316,737.83 | $2,386,340.13 | $2,697,736.75 | 2103.4% |
| Month | Minimum Price | Average Price | Maximum Price | Potential ROI |
|---|---|---|---|---|
| January | $2,817,183.50 | $2,896,327 | $3,323,170.25 | 2614.2% |
| February | $2,916,450 | $2,998,559 | $3,445,466.50 | 2714.1% |
| March | $3,015,716.50 | $3,100,791 | $3,567,762.75 | 2814% |
| April | $3,114,983 | $3,203,023 | $3,690,059 | 2913.9% |
| May | $3,214,249.50 | $3,305,255 | $3,812,355.25 | 3013.8% |
| June | $3,313,516 | $3,407,487 | $3,934,651.50 | 3113.6% |
| July | $3,412,782.50 | $3,509,719 | $4,056,947.75 | 3213.5% |
| August | $3,512,049 | $3,611,951 | $4,179,244 | 3313.4% |
| September | $3,611,315.50 | $3,714,183 | $4,301,540.25 | 3413.3% |
| October | $3,710,582 | $3,816,415 | $4,423,836.50 | 3513.2% |
| November | $3,809,848.50 | $3,918,647 | $4,546,132.75 | 3613.1% |
| December | $3,909,115 | $4,020,879 | $4,668,429 | 3713% |
| All Time | $3,363,149.25 | $3,458,603 | $3,995,799.63 | 3163.6% |
| Month | Minimum Price | Average Price | Maximum Price | Potential ROI |
|---|---|---|---|---|
| January | $5,501,903.50 | $6,011,214.58 | $6,285,974.17 | 5034.1% |
| February | $5,495,202 | $5,991,110.17 | $6,259,168.33 | 5012.2% |
| March | $5,488,500.50 | $5,971,005.75 | $6,232,362.50 | 4990.3% |
| April | $5,481,799 | $5,950,901.33 | $6,205,556.67 | 4968.4% |
| May | $5,475,097.50 | $5,930,796.92 | $6,178,750.83 | 4946.5% |
| June | $5,468,396 | $5,910,692.50 | $6,151,945 | 4924.6% |
| July | $5,461,694.50 | $5,890,588.08 | $6,125,139.17 | 4902.7% |
| August | $5,454,993 | $5,870,483.67 | $6,098,333.33 | 4880.8% |
| September | $5,448,291.50 | $5,850,379.25 | $6,071,527.50 | 4858.9% |
| October | $5,441,590 | $5,830,274.83 | $6,044,721.67 | 4837% |
| November | $5,434,888.50 | $5,810,170.42 | $6,017,915.83 | 4815.2% |
| December | $5,428,187 | $5,790,066 | $5,991,110 | 4793.3% |
| All Time | $5,465,045.25 | $5,900,640.29 | $6,138,542.08 | 4913.7% |
| Month | Minimum Price | Average Price | Maximum Price | Potential ROI |
|---|---|---|---|---|
| January | $7,013,083.67 | $7,344,805.92 | $7,612,864.75 | 6117.8% |
| February | $7,029,837.33 | $7,371,611.83 | $7,666,476.50 | 6161.6% |
| March | $7,046,591 | $7,398,417.75 | $7,720,088.25 | 6205.4% |
| April | $7,063,344.67 | $7,425,223.67 | $7,773,700 | 6249.2% |
| May | $7,080,098.33 | $7,452,029.58 | $7,827,311.75 | 6293% |
| June | $7,096,852 | $7,478,835.50 | $7,880,923.50 | 6336.8% |
| July | $7,113,605.67 | $7,505,641.42 | $7,934,535.25 | 6380.6% |
| August | $7,130,359.33 | $7,532,447.33 | $7,988,147 | 6424.3% |
| September | $7,147,113 | $7,559,253.25 | $8,041,758.75 | 6468.1% |
| October | $7,163,866.67 | $7,586,059.17 | $8,095,370.50 | 6511.9% |
| November | $7,180,620.33 | $7,612,865.08 | $8,148,982.25 | 6555.7% |
| December | $7,197,374 | $7,639,671 | $8,202,594 | 6599.5% |
| All Time | $7,105,228.83 | $7,492,238.46 | $7,907,729.38 | 6358.7% |
The forecasts hint at a common bullish trend for Bitcoin in the long term, similar to what was obsered betwene 2025 and 2029. Between the next two decades, BTC will note a bullish explosive trend that pushes it up to have an average price between $2.9 million and $3.3 million per coin.
Disclaimer:
Investors should take these long-term predictions with a grain of salt and consider that these forecasts are bound to change depending on the macroeconomic and geopolitical landscape at the time.
Will Bitcoin Price Hit $100K Today?
The one-hour Bitcoin chart shows clearly that the overall trend is up. BTC has produced higher lows for the past week, which shows buyers are paying a premium to accumulate Bitcoins. Furthermore, the $87,982 to $93,400 range is being breached to the upside due to bullish momentum. Ideally, a breakout from consolidation often leads to a move that scales the height of the range. In this case, a retest of $98,817, aka the 200% Fibonacci extension level, is likely.
If the buying pressure continues, this bullish trend could propel BTC to retest the 261.8% Fibonacci extension level of $102,164.
Furthermore, data from Velo shows that Wednesdays are generally bullish for BTC, yielding an average return of 0.36% over the past two years.
So, a spike in buying pressure in the American trading session could propel Bitcoin price today to firmly breach the ongoing range and cross the historical $100K mark.
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