Bitget (BGB) Price Prediction 2025: Burn Boosts Price, But Downturn Looms

Key Takeaways

• Bitget’s BGB token was one of the few cryptos to experience a consistent price rise throughout 2023 and 2024.
• BGB’s highest-ever price was $8.49 on Dec. 27, 2024, after it announced a partnership with MJOR.
• Our Bitget price prediction says it could fall to as low as $3 this year.
• Interested in buying or selling BITGET BGB coin? Read our review of the best exchanges to buy and sell BITGET BGB.

The Bitget exchange’s BGB token has had a strong couple of years. Rising consistently through tough times in 2022 and 2023, it continued to rise in 2024.

Bitget’s BGB token reached a record price of $1.05 in mid-February 2024 after starting the year on an uptrend. The positive trend continued, with the token experiencing a series of highs from the Summer onwards.

Things got even better towards the end of the year. With the bullish crypto market, Bitget burned 800 million of its native token , reducing its overall supply by 40% and pushing BGB to a new all-time high of $8.49 on Dec. 27.

However, so far in 2025, the market downturn has been a bit too strong, and BGB has dropped. By Feb. 11, 2025, Bitget was worth about $6.45.

But what is Bitget (BGB)? How does Bitget work? Let’s find out and also examine some of the Bitget Price Predictions made on Feb. 11, 2025.

Bitget Price Prediction

Let’s look at the BGB prediction made by CCN on Feb. 11, 2025. We will use the wave count method to arrive at our predictions. Then, we will add and remove 20% from them to create the minimum and maximum targets.

The wave count gives a bullish BGB price prediction. The most likely count suggests the price is in the fifth and final wave of its upward movement that started in July 2022. The sub-wave count is in black.

Giving wave five 4.61 times the length of waves one and three combined leads to a new all-time high price of $11.54. The Fib time zone tool suggests the high will be reached in March.

Afterward, BGB could begin a lengthy correction that retraces a portion of the entire upward movement.

During these projected upward and downward movements, the wave count method gives a BGB price prediction of $3.70 and $3.20 for the end of 2025 and 2026, respectively.

Then, we will use the rate of increase from launch to this projected date. Since this projection is derivative, it is likely to be less accurate.

Since its launch in December 2026, the BGB price is predicted to increase by 700%, for a daily rate of increase of 0.28%. Projecting this increase until the end of 2030 gives a target of $9.50.

Bitget Price Prediction for 2025

The wave count method gives a BGB price prediction range of $3  to $4.40 for the end of 2025.

Bitget Price Prediction for 2026

The wave count method gives a BGB price prediction range of $2.55 to $3.85 for the end of 2026.

Bitget Price Prediction for 2030

The daily rate of increase gives a BGB price prediction range between $7.60 and $11.40 for the end of 2030.

BGB Price Analysis

BGB started a parabolic rally on Nov. 5, 2024, increasing by 660% in only 52 days and leading to a new all-time high price of $8.50. While the price has fallen since, the decrease is contained inside a descending parallel channel, which usually holds in corrective movements. This means that an eventual breakout from the channel is the most likely future outlook.

On Feb. 3, BGB reached the channel’s support trend line and bounced, creating a very long lower wick and a bullish hammer candlestick (white icon). As of Feb. 11, 2025, the BGB price trades in the channel’s upper portion, making an eventual breakout more likely. If one happens, BGB could increase to a new all-time high price.

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While the price action is bullish, technical indicators are neutral. The Relative Strength Index (RSI) and Moving Average Convergence/Divergence (MACD) are both at their bullish thresholds of 50 and 0, respectively, failing to confirm the trend’s direction.

With that in mind, let’s look at the wave count and see where BGB might head next.

Short-Term BGB Price Prediction

The BGB price prediction for the next 24 hours is bullish. BGB will likely increase toward the channel’s resistance trend line at $7.45.

Bitget Average True Range (ATR): BGB Volatility

The Average True Range (ATR) measures market volatility by averaging the largest of three values: the current high minus the current low, the absolute value of the current high minus the previous close, and the absolute value of the current low minus the previous close over a period, typically 14 days. A rising ATR indicates increasing volatility, while a falling ATR indicates decreasing volatility.

Since ATR values can be higher for higher-priced assets, normalize ATR by dividing it by the asset price to compare volatility across different price levels.

On Feb. 11, 2025, Bitget’s ATR was 0.43, suggesting relatively low volatility.

Bitget Relative Strength Index (RSI): Is BGB Overbought or Oversold?

The Relative Strength Index (RSI) is a momentum indicator traders use to determine whether an asset is overbought or oversold. Movements above 70 and below 30 show over and undervaluation, respectively. Movements above and below the 50 line also indicate if the trend is bullish or bearish.

On Feb. 11, 2025, the Bitget RSI was 47, indicating slightly bearish conditions.

Bitget Performance Comparisons

Best Days and Months to Buy Bitget

We looked at the Bitget price history and found the best times to buy BGB.

Bitget Price History

Now, look at some of the key dates in the BGB price history. While past performance should never be taken as an indicator of future results, knowing what the crypto has done in the past can give us some much-needed context when it comes to either making or interpreting a BGB price prediction.

Bitget Market Cap

The market capitalization, or market cap, is the sum of the total number of BGB in circulation multiplied by its price.

On Feb. 11, 2025, Bitget’s market cap was $7.74 billion, making it the 22nd-largest crypto by that metric.

Bitget Supply and Distribution

From the Whitepaper

Bitget’s technical documentation, or whitepaper , outlines the advantages BGB provides as a utility asset within the framework of the Bitget platform and the benefits holders can expect to receive.

The updated BGB token whitepaper reveals the roadmap of the asset’s development, outlining the use case scenarios and economics it will be based on. The document describes the innovative side of the asset, including a number of utilities under development, which aim to bring more benefits to BGB holders. The features in question include the BGB lottery, a trial fund for futures trading , zero withdrawal fee, and exclusive earning services. As part of the token’s economic side, a BGB buyback and burn mechanism is also being considered to reduce the token’s circulating supply and eventually boost its value.

What Is Bitget?

One of the most important places on the blockchain is the crypto exchange. Since crypto is a commodity whose value is decided by the market, the places where coins and tokens are bought, sold, and exchanged are absolutely critical. 

One such exchange is Bitget . Founded in Singapore by crypto entrepreneur Sandra Lou, the platform is based in Seychelles and allows people to trade in cryptocurrency and financial derivatives. 

To support Bitget, it is its own native token, which goes by the ticker handle BGB.

How Bitget Works

The Bitget platform is a crypto exchange, which means people can connect their wallets and, after passing the relevant Know Your Customer checks, buy crypto. 

Because Bitget is a centralized exchange, people are restricted from buying, selling, and trading the cryptos listed on the platform.

People who hold BGB, which replaced the old BFT token in the middle of 2021, are able to get discounts on trading fees. They can also access products that are being developed on the exchange early, and they can be staked or set aside in return for rewards. It can also be bought, sold, and traded on exchanges.

Because BGB is based on the Ethereum blockchain, it is a token rather than a coin. You might see references to things like a Bitget coin price prediction, but these are wrong.

Is Bitget a Good Investment?

It is impossible to tell. On the one hand, BGB has been something of an unsung star, one of the very few cryptos to emerge from the disasters of 2022 in a better place than from where it started the year.  Not only that, but it continued to climb in 2023 and hit a series of all-time highs in 2025.

On the other hand, we do have to allow a beam of realism to shine through. BGB is down from a recent all-time high, and with the market in a bearish phase, we don’t know when, or even if, the token can turn things around. 

There have also been – admittedly denied – claims that Bitget is a scam. A spokesperson for Bitget said that crypto influencer Evan Luthra’s allegations were triggered by the exchange identifying him as “being involved in some suspicious transactions” related to the Reel Token (REELT) crypto on the system.

In a statement , the exchange said Luthra advised the token, and three other people had frozen their accounts.

As always with crypto, you should do your own research before deciding whether or not to invest in BGB.

Will Bitget go up or down?

No one can really tell right now. While the Bitget crypto price predictions are largely positive, price predictions have a well-earned reputation for being wrong. Keep in mind that prices can and do go down and up. 

Should I invest in Bitget?

Before you decide whether or not to invest in Bitget, you will have to do your own research, not only on BGB but also on related coins and tokens such as Binance (BNB) or Cronos (CRO). 

Either way, you must also ensure that you never invest more money than you can afford to lose.

Technical analysis by Valdrin Tahiri.

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Disclaimer 

Please note that the contents of this article are not financial or investing advice. The information provided in this article is the author’s opinion only and should not be considered as offering trading or investing recommendations. We do not make any warranties about the completeness, reliability and accuracy of this information. The cryptocurrency market suffers from high volatility and occasional arbitrary movements. Any investor, trader, or regular crypto users should research multiple viewpoints and be familiar with all local regulations before committing to an investment.