According to the latest industry forecasts, Bitcoin's price might significantly increase by 2025, reaching between $150k and $200k.
Analysis from Galaxy Research
The team at Galaxy Research, led by Alex Thorn, predicts that Bitcoin could reach $150k by the first half of 2025, with a possible increase to $185k by the end of the year. This growth is attributed to the increasing interest from institutions, corporations, and nations. They believe Bitcoin could capture 20% of the gold market size.
Predictions from Other Crypto Firms
Other companies, such as Bitwise, Blockware, and Steno Research, have also provided their predictions. Bitwise suggests that Bitcoin might reach $200k due to accelerated adoption. Blockware forecasts a minimum scenario of $150k, with base and bullish outcomes of $225k and $400k, respectively. They base their forecasts on the adoption rate of Bitcoin and the potential establishment of a US BTC Strategic Reserve. Historically, Bitcoin has performed well, especially during the Trump administration, reinforcing bullish expectations. CryptoQuant's founder stated, “Trump will make #Bitcoin strong.”
Positioning in the Options Market
The Options market indicates the possibility of Bitcoin reaching $150k. Most bets are currently placed at $120k, according to the Open Interest (OI). Other key strike prices targeted by Options traders include $110k, $100k, $130k, and $150k. Currently, Bitcoin has recovered by 5% from its recent low of $91.5k, standing at $97k. Recent price movements are driven primarily by liquidity hunts, which makes the $98k level a potential price magnet. If this development continues, the price could reach $98k or even retest the $100k psychological level.
Predictions for Bitcoin in the coming years are optimistic, with many experts expecting a significant increase in its value by 2025. Institutional interest and strategic initiatives are likely to contribute to this growth.
