Bitcoin’s blistering bull run may be cooling off as 2024 draws to a close, but that isn’t giving industry analysts sleepless nights.
There’s widespread consensus the world’s biggest cryptocurrency will scale fresh heights in the coming year — buoyed by a Trump presidency and relaxed regulations.
Big numbers are being bandied about with abandon ($150,000! $250,000! $500,000!) amid expectations that institutional interest in Bitcoin ETFs will show no signs of abating.
Cryptonews has assembled a panel of experts to peer into their crystal balls and tell us what they expect to happen in 2025.
‘A Pivotal Year for Bitcoin’
JAN3 CEO Samson Mow — a vocal Bitcoiner — believes adoption among individuals, institutions and nation-states will accelerate in the coming year. His price target? A cool $1 million.
“Many nation-states are actively deepening their investments in Bitcoin, not only as a strategic reserve but also as a tool for enhancing sovereignty and energy production. Meanwhile, Layer 2 technologies like Liquid and Lightning are bringing significant scalability to Bitcoin payments. This momentum will further distinguish Bitcoin as the core of the new global economy, while altcoins may struggle to maintain relevance as BTC dominance grows.”
Mow told Cryptonews that the current bull market remains at an early stage because retail investors are “just beginning to re-engage with Bitcoin.” He anticipates a “steady influx” of consumers will make their way into the market as 2025 progresses — with “major FOMO” kicking in once BTC reaches $500,000 for the first time.
“I’ve always believed Bitcoin hitting $100,000 was inevitable because of its fundamental properties, and even at $200,000 it’s still undervalued. Now that we’ve crossed into the $100,000 range, it’s only a matter of time before we hit $1 million — it’s likely to be a fast and violent move up.”
Going Parabolic?
Bitcoin Supercycle author Michael Terpin says BTC enters its parabolic stage as soon as prices surpass the all-time high set in the previous cycle.
“It did this on election day and quickly moved up to pass $100,000 by early December. I projected that with neutral macroeconomics the price of bitcoin would be just under $200,000 in late 2025. Donald Trump’s pro-crypto presidency, coupled with the first pro-crypto Congress and SEC chairman, should kick off a Bitcoin Supercycle, bringing the price over $250,000 by the end of 2025.”
Terpin told Cryptonews that “it’s only a matter of time” before a single Bitcoin is worth $1 million. He predicts this will happen one year after a halving event — probably in 2033, but no later than 2037.
For many on our panel, even the prospect of Bitcoin reaching $100,000 is a moment of vindication. OKX Europe’s general manager Erald Ghoos said:
“Hundreds of thousands of developers and ecosystem players have been working on Bitcoin and crypto for over a decade, and this is validation of their hard work.”
Coinme’s CEO and co-founder Neil Bergquist revealed that his exchange launched in early 2014, when BTC was trading at a mere $400.
“We knew $100,000 Bitcoin Day would come, and most of our customers were thankful that day had arrived, but it was hard to know when. Personally, I don’t need to feel vindicated as I never needed people to believe me in the first place. With that said, if you see Bitcoin as the future of money and the first digitally native tradeable asset, we’re still early in its overall adoption and upside.”
Chainalysis director of investigations Phil Larratt says Bitcoin’s current position is “a good sign for the industry at large,” adding:
“What’s interesting is that Bitcoin’s record valuation is coming at a point of flux. In between thriving grassroots crypto adoption, new market regulation, mounting fraud threats, potential macro policy changes coming from geopolitical shifts, there are a lot of change factors to contend with. But what will be important is to balance any growth with a prioritisation of compliance and anti-fraud measures, alongside enabling and empowering public sector agencies with the tools to investigate illicit activity on the blockchain, to create long-term trust and stability in the digital ecosystem.”
Reading all of these predictions can be pretty intoxicating — but it’s important to remember that Bitcoin is infamously volatile. And with inflation remaining stubbornly high, there’s no shortage of economic uncertainty as we head into 2025.
BTC may well head to the moon, but here’s a fact you can take to the bank: there will be plenty of violent pullbacks along the way.
The post Bitcoin Predictions 2025: Why Experts Think It’ll Be a ‘Pivotal Year’ appeared first on Cryptonews.
