As summer closes, Bitcoin has faced a pullback, dropping to around $113K. Despite this, analysts are optimistic about its growth by year-end.
New Predictions for Bitcoin
Despite the recent dip, analysts remain bullish. According to the analytics team at TeraHash, Bitcoin could trade between $130,000 and $150,000 by year-end if the current macroeconomic conditions hold.
Market Influencing Factors
Key factors shaping the market's future include the anticipated Federal Reserve rate cut and regulatory clarity from the SEC and CFTC. Additionally, the full implementation of the European MiCA framework in Q4 will play a significant role in market sentiment.
What to Expect from Mining
Bitcoin mining in late 2025 will focus on precision and adaptability. The hashrate is expected to reach ~1.2 ZH/s, with mining difficulty climbing towards 140T. However, rising costs and increased competition may pose challenges for less efficient miners.
Bullish forecasts for Bitcoin remain intact, creating hope for further development in the cryptocurrency market, coupled with strong mining fundamentals.
