Bitcoin Gold Price Prediction 2022-2026-Will the Price of BTG Hit $46.91 by the end of 2022?
Bitcoin Gold is a cryptocurrency with Bitcoin fundamentals, mined on common GPUs instead of specialty ASICs.
What is Bitcoin Gold (BTG)?
Bitcoin Gold is an open-sourced protocol that allows developers to participate in the governance and development of the blockchain freely. According to the company, this is a must-have requirement for pushing decentralization and one of the major points where Bitcoin struggles.
Now, we shall consider the price analysis of Bitcoin Gold (BTG) for the coming years.
Flashback: Fundamental Analysis of Bitcoin (BTG)
Cryptocurrency miners are looking for a good alternative to Bitcoin. This is because 19,000 Bitcoin had been mined which represents over 90.4% of its total supply of 21,000. Since Bitcoin Gold is a hard fork of Bitcoin and its mining devices are cheaper, investors could be prompted to consider investing in its ASIC mines, which will directly surge the price of BTG.
We shall now consider what charts are showing about the price analysis of Bitcoin GOLD.
https://www.tradingview.com/x/ip3rEx4T/
From the 1day chart above showing the Ema Ribbon indicator for BTG/USDT, we can deduce that the price of Bitcoin Gold might decrease. This is because the Ema ribbon moving averages are above the recently formed candlesticks.
https://www.tradingview.com/x/WZoLbXEj/
The chart above shows the balance of power indicator which is used to determine if a market is controlled by either the buyers or sellers. From the chart for BTG/USDT, we can see that its BOP value is -0.12. Since it is below 0, it means that the bulls are having their way and that the price of Bitcoin Gold might increase soon since it also has a negative divergence.
Now, we shall look at the price prediction of Bitcoin Gold (BTG) for the coming years.
Price Prediction of Bitcoin Gold (BTG) in 2022
The price of Bitcoin Gold (BTG) is expected to gain at least 10% by the end of June 2022 from its present price from its technical analysis. This means that it will be trading at around $39.04 by the end of the first half. Its price is expected to rise by at least 20% in the second quarter. This means that BTG would trade at least $46.91 by the end of December 2022.
Price Prediction of Bitcoin Gold (BTG) in 2023
The price of Bitcoin (Gold (BTG) is expected to gain at least 15% by the end of June 2023 from its present price from its technical analysis. This means that it will be trading at around $53.94 by the end of the first half. Its price is expected to rise by at least 25% in the second quarter. This means that BTG would trade at least $67.43 by the end of December 2023.
Price Prediction of Bitcoin Gold (BTG) in 2024
The price of Bitcoin Gold (BTG) is expected to gain at least 12% by the end of June 2024 from its present price from its technical analysis. This means that it will be trading at around $75.52 by the end of the first half. Its price is expected to rise by at least 16% in the second quarter. This means that BTG would trade at least $87.61 by the end of December 2024.
Price Prediction of Bitcoin Gold (BTG) in 2025
The price of Bitcoin Gold (BTG) is expected to gain at least 8% by the end of June 2025 from its present price from its technical analysis. This means that it will be trading at around $94.62 by the end of the first half. Its price is expected to rise by at least 10% in the second quarter. This means that BTG would trade at least $104.08 by the end of December 2025.
Price Prediction of Bitcoin Gold (BTG) in 2026
The price of Bitcoin Gold (BTG) is expected to gain at least 15% by the end of June 2026 from its present price from its technical analysis. This means that it will be trading at around $119.69 by the end of the first half. Its price is expected to rise by at least 10% in the second quarter. This means that BTG would trade at least $131.66 by the end of December 2026.
Now we shall consider different media platforms to see what their forecast is on Bitcoin Gold (BTG) price.
Market Sentiments on Bitcoin Gold (BTG) Price Prediction
PricePrediction
According to PricePrediction, the coin’s average price could reach $38.82 by the end of 2022 and surge to $1,109.54 by 2031 which represents 2758% increase.
DigitalCoin
According to DigitalCoin’s Bitcoin Gold (BTG) price prediction, the average price could reach $57.37 in 2022 and which by 314% by 2031 to trade at $237.53.
CoinQuora
According to CoinQuora price prediction, the average price of BTG in 2022 could be $88.26, then surge by 1259% in four years to trade at $1200 in 2026.
Our Bitcoin Gold (BTG) Price Prediction
The price of Bitcoin Gold (BTG) will trade at least $46.91 by the end of 2022 and then increase by over 180% in four years time to trade at $131.66 by the end of 2026.
Conclusion
Bitcoin Gold (BTG) long-term investors will enjoy good returns. This is due to the positive outlook of the fundamental analysis, price predictions, and market sentiments.