$BTC
Bitcoin's price in 2028 is subject to various predictions, influenced by factors such as the upcoming halving event and institutional adoption.
📈 Bitcoin Price Predictions for 2028
Conservative Estimates: Platforms like Binance and Kraken project Bitcoin reaching approximately $120,000 by 2028, assuming steady growth rates of around 5% annually.
Moderate Projections: CoinCodex anticipates Bitcoin's price fluctuating between $76,000 and $139,000 throughout 2028, with an average around $104,853.
Aggressive Forecasts: Some analysts, including Arthur Hayes, predict Bitcoin could reach $1 million by 2028, citing factors like increased dollar liquidity. Similarly, Standard Chartered has suggested a potential rise to $500,000 within the same timeframe.
🔄 Impact of the 2028 Halving
The next Bitcoin halving is expected around April 17, 2028, reducing the block reward from 3.125 BTC to 1.5625 BTC. This event will decrease daily new Bitcoin issuance to approximately 225 BTC, further tightening supply. By then, about 97% of all Bitcoin will have been mined, potentially influencing price dynamics.