TD Cowen has presented a series of Bitcoin price forecasts covering various scenarios for the end of 2025. Both positive and negative market factors are examined.
TD Cowen's Central Scenario
TD Cowen's central forecast suggests that Bitcoin price will reach $128,000, primarily driven by institutional investor interest.
Optimistic and Pessimistic Scenarios
In an optimistic scenario, TD Cowen considers the possibility of prices reaching $155,000 if regulatory progress is made. Conversely, the pessimistic scenario warns of a drop to $55,000 due to macroeconomic risks like interest rate hikes and recession.
The Role of Strategy in the Forecasts
Strategy, the largest Bitcoin holder with over 601,000 BTC, could significantly influence the market. Strategy's CEO, Michael Saylor, stated, "I will keep buying at the top, forever."
TD Cowen's forecasts provide a broad range of possibilities for Bitcoin prices by the end of 2025. Both positive and negative market sentiment and government actions will shape the future of cryptocurrencies in the coming years.
