The price of Bitcoin has shown significant fluctuations over the past few years, attracting the attention of both crypto enthusiasts and major financial players. Let's consider the opinions of experts from large financial companies about the future size of this cryptocurrency.
Analysts on Current Situation
In October 2023, Bitcoin's price surpassed the resistance level of $30,000, exceeding $60,000 in 2024. The historical peak was reached on January 20, 2025, at $109,000. From this point, the market began to correct and fell below $77,000.
Forecasts for the Coming Years
Polymarket, one of the prediction platforms, estimated a 61% probability of Bitcoin reaching $110,000 in 2025, while the probability of it dropping to $70,000 stands at 68%. These forecasts are complemented by expectations from financial giants like Standard Chartered and Bank of America. Geoffrey Kendrick from Standard Chartered predicts a price target of $200,000 in 2025 and $500,000 by 2029. Bank of America plans to adopt Bitcoin under favorable regulatory conditions.
Impact on Finance and Technology
Other market participants, such as Morgan Stanley, Block, and Ark Invest, are also betting on substantial Bitcoin growth. The forecasts of a $20 trillion and more market cap support this. Morgan Stanley has plans for expanding cryptocurrency adoption pending regulatory decisions, whereas BlackRock and Ark Invest continue to hold strong positions in the crypto industry. The predictions emphasize the growing influence of cryptocurrencies on the traditional financial system.
Despite current market fluctuations, experts predict further growth of Bitcoin in the long term, opening new financial and technological opportunities.
