Bitcoin has had a remarkable year in 2024. Bitcoin breached the $100,000 mark for the first time in history, trading at just over $108,000. The approval of the Spot Bitcoin Exchange Traded Fund (ETF) by the US Securities and Exchange Commission (SEC), the halving cycle, and the victory of President-elect Donald Trump are some of the main factors that have fueled the cryptocurrency.
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So, will Bitcoin continue to rise in value in 2025, or will it plummet? Here’s how much investment experts think Bitcoin will rise in 2025, and why they think so.
In-facility adoption
Major companies such as BlackRock, Goldman Sachs, and JPMorgan are increasing their interest in Bitcoin and other cryptocurrencies. This institutional introduction made Bitcoin more attractive to risk-averse investors, contributing to its price rally in 2024.
With adoption increasing across the industry, “Bitcoin has a lot of room for significant growth this year, and will likely reach new all-time highs of over $200,000,” said Sidney, CEO of Maple Finance.・Mr. Powell said. “Ultimately, what is driving this bull market moment is optimism for institutional adoption and regulatory clarity. Financial institutions do not want to give up upside exposure, so they borrow against BTC. The demand for this will continue.”
BlackRock’s participation in the ETF could also contribute to Bitcoin price fluctuations. “BlackRock’s ETFs, currently the fastest growing in history, are an example of how simplifying access to digital assets can be beneficial to the market. Increased participation in ETF usage is increasing store of value and portfolio It shows the appeal of Bitcoin as a source of diversification, and the pace of ETF inflows will bode well for how far BTC prices will rise in 2025,” Powell explained.
Benjamin Phillips, president and chief operating officer of RockItCoin, is also bullish on Bitcoin. He believes the bull market in the fourth quarter of 2024 will continue into 2025. “The value of flagship cryptocurrencies will continue to benefit from increased investment opportunities, government acceptance, and consumer interest. Additionally, Bitcoin is recognized nationally and internationally as a digital store of value,” he said. said.
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Next Trump administration
One of the main concerns in the cryptocurrency market is the uncertainty surrounding regulation. During his campaign, Trump vowed to fire SEC Chairman Gary Gensler and create a strategic Bitcoin reserve on his first day in office. Mr. Gensler subsequently resigned, and Mr. Trump nominated former SEC Commissioner Paul Atkins to take over.
“If President Trump follows through on his promise to create a Bitcoin National Reserve System, it could spark a buying frenzy and start a kind of crypto arms race as other nation-states scramble to catch up. If this happens, Bitcoin could easily reach $250,000 to $500,000,” said Johnny Gabriele, principal analyst for blockchain economics at The Lifted Initiative.
“Bitcoin’s base case is for it to reach $150,000 this year, but its current trajectory could push it well beyond that. There is a 30% chance that the Trump administration will pass a Strategic Bitcoin Reserve bill. (via Polymarket). If this happens, Bitcoin will surpass $200,000 this year,” said Jason Janowitz, co-founder of Blockworks.
support and resistance levels
Monitoring support and resistance levels can also help predict how much Bitcoin will rise or fall. Support acts as a floor for most buyers to buy, while resistance acts as a ceiling, often increasing selling pressure.
“We are at the historical support level of $92,000. I hope we continue to hold that line. If we don’t, things will get ugly and I don’t think we can break it. 100,000 to get out of the mess We need to break above the dollar. If we can close a day or two above my closing line ($107,000), we’ll go even higher,” Gabriele said.
corrections may occur
Another possibility this year, according to Gabriele, is a major correction in Bitcoin. “I wouldn’t be surprised if we see a through the roof and a big correction this year, and Bitcoin falls into the $70,000 or $80,000 range,” Gabriele said, adding that 2025 marks the start of a “four-year cycle.” He pointed out that this is his fourth year.
He cited several possibilities that could cause Bitcoin to stumble, including a global liquidity crunch, tough tariffs, and a crypto bubble driven by the artificial intelligence narrative.
Gabriele explained that while some of these factors could be positive for the crypto industry, people could get too excited and cause prices to skyrocket, ultimately leading to a decline.
What’s next?
Ultimately, we don’t yet know what will happen to Bitcoin in 2025.
“The truth is, no one knows where Bitcoin will go. It could reach $1 million, or it could plummet. It would take a huge amount of capital to reach such heights. have to migrate from other assets to Bitcoin, which is a big challenge,” said David Materazzi, CEO of Galileo FX.
Regardless of what happens with Bitcoin, it is important for investors to consider their risk tolerance and not invest more than they can afford to lose.
“Practical classes? Be realistic about your knowledge and risks. If you’re participating, don’t bet more than you can afford to lose. If you’re not confident, it’s better to withdraw than pursue your dreams.” That might be wise,” Materazzi said.
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This article originally appeared on GOBankingRates.com: Investment experts predict how high (or low) Bitcoin will go in 2025
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
