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Bitcoin price forecasts: Analysts predict $200,000 by 2025

DATE POSTED:December 31, 2024
 Analysts predict 0,000 by 2025

Industry experts and analysts are predicting significant price increases for bitcoin by the end of 2025, with forecasts suggesting it could double to $200,000.

Key forecasts for bitcoin prices

Following a strong rally in 2024, bitcoin recently surpassed $100,000 for the first time, driven by various factors including a pro-crypto stance from the newly elected President Donald Trump. His administration is anticipated to foster a favorable regulatory environment for cryptocurrencies.

During his campaign, Trump pledged to replace Securities and Exchange Commission Chair Gary Gensler, who has pursued aggressive actions against crypto firms. Gensler is expected to step down from the SEC in 2025. Trump also suggested the possibility of establishing a strategic bitcoin reserve from funds obtained through criminal asset seizures.

Additionally, the approval of the first U.S. spot bitcoin exchange-traded funds (ETFs) marked a pivotal moment in 2024, enhancing the cryptocurrency’s accessibility to mainstream investors. The halving event of 2024, which reduces the supply of bitcoin, is also seen as a supportive factor for its price movements.

Bitcoin will hit $1,000,000 according to Trump

Analysts’ forecasts

Industry leaders have shared their thoughtful insights and projections with CNBC, highlighting the factors they believe will shape bitcoin’s trajectory in the coming years. Below are the key predictions:

  • According to James Butterfill of CoinShares, bitcoin prices could fluctuate between $80,000 and $150,000 in 2025, contingent on the success of Trump’s pro-crypto policies. He noted that if those policies disappoint, there could be a significant market correction.
  • Matrixport’s projection stands at $160,000, citing sustained demand for bitcoin ETFs and favorable macroeconomic trends. Markus Thielen, from Matrixport, anticipates that the potential for severe price corrections will be less pronounced due to increasing support from institutional investors.
  • Galaxy Digital’s Alex Thorn expects bitcoin to cross $150,000 in the first half of 2025 and reach $185,000 by year-end, bolstered by institutional, corporate, and nation-state adoption.
  • Geoffrey Kendrick from Standard Chartered predicts bitcoin will hit $200,000 by the end of 2025, spurred by ongoing institutional inflows and enhanced interest from pension funds positioning bitcoin within their portfolios.
  • Carol Alexander, a finance professor at the University of Sussex, echoed the $200,000 prediction, while cautioning that volatility remains a concern due to the unregulated nature of crypto exchanges.
  • Youwei Yang, chief economist at Bit Mining, forecasted a price range of $180,000 to $190,000, with potential corrections due to market shocks, including stock market declines and geopolitical tensions.
  • Sid Powell, CEO of Maple Finance, aligns closely with previous predictions, targeting a bitcoin price of $180,000 to $200,000, citing historical trends of increased inflows following the introduction of ETFs.
  • In a more bullish stance, Nexo’s Elitsa Taskova projects bitcoin could exceed $250,000 by the end of 2025, emphasizing trends recognizing bitcoin as a reserve asset and improved macroeconomic conditions.
Market conditions and projections

Galaxy Digital also predicts that spot bitcoin ETPs will cross $250 billion in assets under management by 2025. The firm observed that U.S. bitcoin ETPs are nearing parity with U.S. gold ETPs in AUM.

Furthermore, projections indicate that Ether could surpass $5,500 due to relaxed regulations and increased corporate adoption of Ethereum technology. Dogecoin is also expected to reach $1 by 2025.

Disclaimer: The content of this article is for informational purposes only and should not be construed as investment advice. We do not endorse any specific investment strategies or make recommendations regarding the purchase or sale of any securities.

Featured image credit: Traxer/Unsplash