Technical chart analysis backs Bitcoin price forecast 2029 around $128,000, with the RSI maintaining bullish momentum through most quarterly cycles. The token's reputation as a safe haven and inflation hedge is making it popular among traditional investors and cementing its role on Wall Street, Kendrick said, pointing to last year's introduction of spot bitcoin ETFs, which have netted $39 billion in inflows so far. BTC price prediction is done by analyzing technical and fundamental factors in the crypto market. You should also analyze the global macroeconomic conditions, as they affect the future price of Bitcoin. But please note that this research is done internally and should not be taken as investment advice. Investors should conduct thorough research before deciding to buy or sell. Miner revenue trendlines validate Bitcoin price forecast 2029 of $127K–$145K, assuming transaction fee structures evolve with protocol updates.
