This Bitcoin Gold (BTG), Price Prediction 2021 article was based solely on technical analysis. Below are the key metrics we considered when predicting and pricing Bitcoin Gold (BTG) in 2021.
Many cryptocurrencies rose to new heights during the 2021 bull market. Some crypto assets suffered a drop in price. Many digital currency traders worry about whether it’s time to sell or hold their digital assets. The same scenario could also be experienced by crypto traders in BTG.
However, the crypto market has been consolidating recently, and many cryptocurrencies are losing previous profits. Is BTG likely to experience the same volatility in its price? This article will provide a BTG price prediction 2021. Let’s first take a look at BTG.
What’s Bitcoin Gold?
Bitcoin Gold was created in 2017 as a user-friendly alternative to Bitcoin. BTC network aims to combine the security and stability of Bitcoin network with its unique characteristics, while also offering the opportunity for experimentation as well as development.
BTG also enhances and expands the crypto platform by delivering a blockchain that is closely compatible with Bitcoin. However, it does not use resources such as Bitcoin hash power nor compete for the title of “real Bitcoin”. The company also aims to provide a coin that has the same implementation capabilities as Bitcoin, but with more opportunities for DeFi and DApp developers.
Bitcoin Gold was also founded by a group of passionate enthusiasts from diverse backgrounds and skill sets. Hang Yin, who is also a cofounder and lead developer of Bitcoin Gold, is even more important. He graduated in 2015 with a degree from Fudan University in computer science. His professional career began right after he graduated.
Do you think Bitcoin Gold will be a beneficial crypto? Let’s get together and see the charts with this BTG price analysis.
Bitcoin gold Current Market Status
BTG trades at $40.73, with a daily volume of $38,700,000.943 as of this price analysis. In addition, BTG’s price has fallen by 10.91% over the past 24 hours.
BTG’s current supply is 17,513,923.59 BTG. Binance, OKEx and Huobi Global are the most popular cryptocurrency exchanges for BTG at present. HitBTC is also available.
Let’s now move on to the next section of our BTG technical analysis for 2021.
What Makes BTC Gold (BTG), Distinctive:
Investors can transact with the credit card faster because they are able to pay more quickly and the transaction costs are kept low.
No hidden charges or high fees, and a low/minimal payment fee
No dependence on payments from the bank, its network access or any approval from third parties
Alternative to physical commodities
It is easy to store and secure. This gives you maximum reliability without the hassle of having to carry bulky bags.
Investors and users have the power to decide the fate of their investments.
Transactions and investor confidentiality are maintained with the utmost discretion. KYC is not disclosed and payments are not tied to traditional verification
Acceptance of all costs, regardless of origin
Allows payments and transfers by pressing a button on the user’s mobile phone
The most important feature, they are Fraud-proof as they are stored in a public ledger, and all coin owners are encrypted to ensure the legitimacy of record-keepingBitcoin Gold Price Prediction 2021
Below is a chart that shows how BTG has performed over the last few days. The BTG price also shows a bearish trend. BTG could follow the bears and surpass its $1.07 support level, or drop further if this trend continues.
If investors decide to turn against crypto, bears could take control and move BTG out of its downtrend position. BTG’s price might rise to $169, which is a bullish signal.
Our long-term BTG price prediction is bullish for 2021. It is highly likely to reach new heights. It must overcome its psychological barriers.
Bitcoin Gold Prices Forecast 2021-2025
The Bitcoin Gold price is currently $126. It has a market cap of $2255,259 633, and a circulating supply at 17,513,924 BTG. This is a strong indicator of the token’s bright future. The price of Bitcoin Gold has seen a slight correction in the past few days after reaching a peak of $150. Bitcoin Gold (BTG), however, has the potential for a slight correction in the coming days.
Bitcoin Gold Price Prediction 2021
Experts have found that the year 2021 could be a turning point for Bitcoin Gold (BTG). This would significantly accelerate the real business applications of Bitcoin Gold. It may cross the $190 mark with luck. This is in line with the overall trend in crypto markets.
Bitcoin Gold Price Prediction 2022
Bitcoin Gold (BTG), if it maintains a bullish trend in price this year, it could continue its uptrend for 2022. According to the optimistic price predictions, the BTG/USD price may trade at $260. There is a chance that the correction will occur and the BTG/USD will see a correction before the end of this year. The price could fall to $250 if it occurs.
Bitcoin Gold Price Prediction 2023
Strong fundamentals will see more investors purchase Bitcoin Gold by the end of 2022. This prediction suggests that Bitcoin Gold’s price will rise exponentially as it integrates its blockchain into many applications. Bitcoin Gold will see a mass adoption that will lead to a rise in its price, rising to $320 per annum by 2023.
Bitcoin Gold Price Prediction 2024
Experts predict that Bitcoin Gold will reach a maximum price of $400. However, there are multiple technological developments which make it safer to place a bet on this currency at $380. This will allow you to make significant profits over the next few decades.
Bitcoin Gold Price Prediction 2025
It is difficult to predict whether the Bitcoin Gold team will add notable features before 2025. BTG may be affected by the potential growth in crypto space over the next few years. It could reach $460-$500 at the end 2025. You can also see our other predictions for cryptocurrency.
BTG looks bright in 2021. We may see BTG rise to new heights due to the constant developments in the BTG ecosystem and the wider crypto market.
$169 is the bullish price prediction for BTG in 2021. It could even reach $200, as investors decide that BTG is a good investment, like mainstream cryptocurrencies such as Bitcoin and Ethereum.
How To Buy BTG Coins?
BTG coins can be purchased on cryptocurrency exchanges like Binance, OKEx and Huobi Global.
Will BTG Surpass Its Current ATH?
BTG is an excellent investment for 2021. BTG is likely to surpass its current ATH of $539 by 2022.
Can BTG reach $200 soon?
According to the bullish trend, it is possible for BTG to reach $200 within the next few months.