Bitcoin Surges This Month. Experts Predict The Uptrend Will Last For Years

Despite the stellar performance of Bitcoin this year, some experts say it is only the start of the more impressive milestones in the coming years.

Bitcoin news today report the uptrend in prices, which reach historical maximums. Most of the industry’s top leaders attribute this growth to economic factors, such as inflation.

The signs from the market, statistics, and general trends prompt a similar conclusion.

In this article, we’ll discuss the factors that will influence Bitcoin’s price in the coming months and years, as well as how the cryptocurrency is expected to behave.

Political Influence on Bitcoin Price

Anthony Pompillano, the founder and CEO of The Professional Capital Management, believes that Bitcoin’s rally will continue until central banks keep printing money. This view is supported by a broader sentiment regarding fiat currencies, amid political turbulence and a possible economic crisis that the global economy may face soon. The increasing inflation and centralization make fiat currencies less attractive and less secure compared to decentralized and self-governed cryptocurrencies. In times of insecurity, people seek alternatives, and to many, Bitcoin’s the one.

For example, according to thecryptobasic.com, a resource dedicated to cryptocurrency news, the latest surge in Bitcoin prices occurred as a result of strong inflows into Bitcoin exchange-traded funds (ETFs) following the U.S. government’s partial shutdown. This demonstrates growing investor confidence in digital assets and their role in the future.

The growth of Bitcoin’s price is also linked to the fact that it becomes increasingly complex to mine Bitcoin each year, due to Bitcoin halving.

Bitcoin Halving Effect On The Currency’s Price and Demand

Bitcoin is a cryptocurrency based on blockchain technology that follows the proof-of-work (PoW) consensus mechanism of adding new blocks. In PoW, a miner must solve a complex mathematical puzzle ahead of other miners to add a new block to the blockchain. Every four years, the reward for adding new blocks to the chain is halved. This creates scarcity, which eventually leads to higher prices and increased demand.

For example, in 2012, after the first halving event, a miner could expect 25 bitcoins for mining a block. In 2016, the amount was reduced to 12.5. In 2020, it became 6.25.

The last halving event occurred on May 11, 2024, reducing the block reward to 6.25 BTC. In 2028, the block reward will fall to 1.625 bitcoins. As of now, there are 19,931,443.75 bitcoins with only 1,068,556.3 left. It is predicted these will be mined by the year 2140.

Since every halving event makes mining new bitcoins harder, the blockchain is protected from inflation. Additionally, historically, every new halving event has resulted in a price increase, which is a significant point for investors and speculators.

For investors, every reduction means a reduction in the new coin supply. However, it also represents the promise that existing supplies will not inflate and will almost certainly increase in price.

For consumers, the Bitcoin halving has little impact unless the price changes. Since the price usually increases after halving, the event has a positive effect on the value of owners’ assets.

The State of the Bitcoin Market Now And a Short-Term Prognosis

As for the bitcoin news today, the market trend is positive.

According to Bitcoin price prediction services like Changelly, the current price of Bitcoin is $ 124,716 USD.

The market sentiment is neutral to bullish, with a prediction that it will grow at a rate of between 2% and 6.5% daily over the next month.

For example, it will reach $ 132,877.24 on October 13, demonstrating a growth of 6.54%. At the end of the month, the price is likely to be $ 126,775.80. On November 6, it is predicted to be $ 127,691.77.

The general trend in this period is good for Bitcoin. Over the last seven days, it has been in a strong upward trend, increasing by 9%, which presents a favorable opportunity to invest in the coming days.

As of the whole of 2025, the predicted prices were $109,284.97 (minimum) and $132,877.24 (maximum). Crypto analysts predict that in October 2025, the Bitcoin price may fluctuate between $124,839.94 and $132,877.24.

Bitcoin Price Estimates for the Coming Years

In the coming years, Bitcoin prices are expected to continue increasing, according to experts and consultants. Despite the expected drop in 2026 (the minimum cost is likely to be around $100,121.10, and the maximum expected price may be around $100,005.70), Bitcoin is expected to reach its maximum of $342,171 in 2027. In 2028, the minimum and maximum prices are projected to reach $403,377 and $493,553, respectively. By 2030, the maximum will surpass the $ 1 million mark.

In 2034, Bitcoin is expected to reach the 4 million mark, according to the projections on Changely.

Summing up

Despite the obvious signs of a bullish market this year, most market specialists predict further growth in Bitcoin in the future. The coin’s scarcity, combined with the unstable global political situation and government regulations, will make this cryptocurrency an attractive option for investors and speculators.