Bitcoin consolidates below $100,000, gets ready for next jump higher. Meanwhile, a top crypto strategist reveals how high he predicts Bitcoin will rise by the end of 2025. So what should investors expect?
Bitcoin: Are the bulls running out of steam yet?
After the explosion to the current all-time high of $108,268, the Bitcoin bulls ran out of steam over the holidays. Current price: $99,146. (Data from Coinmarketcap.com). The lull, the lack of parabolic price action – possibly only in the short term, as some forecasts suggest. According to the narrative and the hope among industry observers, 2025 will be the best year yet for BTC and Co. “2025 will be big,” comment the popular ones, for example Crypto analysts “Stockmoney Lizards” on X. This attitude is reflected in the prices of numerous altcoins: many investors anticipate a bull run – and are diligently accumulating.
Bitcoin: Forecast for 2025 reveals year-end price
Analysts expect strong increases in both Bitcoin (BTC) and altcoins in the medium term. 2025 is the year in which large institutions will increase their assure the financial strategists at Stockmoney Lizards – and pose the prospect of corresponding upward pressure on the Bitcoin price. “Our price target for the end of the year: $250,000 to $300,000,” said the experts in a forecast to her more than 150,000 followers on X. From currently just under $100,000 to ideally $300,000. Sounds brave – but not unrealistic.
Important here: Bitcoin could correct in the short term. Historical chart trends suggest a setback in January, according to technical chartist Benjamin Cowen warns in a Bitcoin forecast. BTC could therefore retreat by up to 30 percent – as was the case in the last two cycles. What is different this time: The markets already corrected in December. It is therefore quite possible that the January setback will not occur in 2025. The immense capital inflows into the Bitcoin ETFs also speak for this. US financial products are becoming increasingly popular among investors and even set a new record in 2024.
Bitcoin: BlackRock ETF breaks records again
This is how IBIT was able to BlackRock’s Bitcoin ETFattracting more than $50 billion in capital in 2024. ETF experts are still amazed at the enormous success: No other ETF can compete in terms of popularity, and no other ETF has had more investments in it in a shorter period of time. Analysts are already talking about the “most successful market launch in the history of ETFs”.
Bloomberg ETF analyst James Seyffart adds: “IBIT’s growth is unprecedented. It is the fastest ETF to reach the most milestones, faster than any other ETF in any asset class.” Capital inflows into IBIT have surpassed even BlackRock’s Gold ETF, the world’s second-largest gold fund. For comparison: The Bitcoin ETF received $37 billion in net inflows, while the Gold ETF received $3.5 billion in the same period. A discrepancy that will probably not resolve itself in favor of the precious metal in the future.
Disclaimer:
The author and/or associated persons or companies own cryptocoins, including Bitcoins. This article represents an expression of opinion and not investment advice.