Interesting Bitcoin (BTC) Predictions for 2025

TL;DR

Bitcoin (BTC) soared more than 100% in 2024, reaching a high of $108,000, and analysts predict new highs of $120,000 to $340,000 or even $1 million in 2025. Exchange reserves have reduced to 2018 levels, indicating reduced selling pressure and growing optimism to follow forward BTC earnings. Gearing up for another successful year?

Bitcoin (BTC) became the talk of the town in 2024, with its price marking a triple-digit rally in the past 12 months. The real bullfight began shortly after Donald Trump won the US election in early November. Recall that BTC was trading around $68,000 before the vote, while less than six weeks later, it hit a new all-time high of over $108,000.

The end of December delivered a substantial correction, removing the asset’s valuation below $92,000. However, BTC started the new year on the right foot, rising to $96,700 (as of this writing). Many market watchers believe the resurgence is just the start of another rally that could last throughout 2025.

Crypto Rover and Doctor Profit were among those who intervened. The former speculated that BTC could reach a new ATH of $120,000 in the first three months of the year.

Doctor Profit suggested that the price of the cryptocurrency will continue to trade in the $90,000-$110,000 zone in the coming weeks, and may later break above $125,000.

User X Trader Tardigrade was even more bullish, saying BTC’s 4-year cycle is “still in play” and predicted a price jump to $280,000 sometime this year.

“If you miss the BTC peak in 2025, you will have to wait until 2029,” assumed the analyst.

Other optimists who participated earlier this week include X-user 0xNobler and NBA legend Scottie Pippen. The analyst predicted that the next BTC bomb could start this month and push the price to $340,000.

For his part, the former basketball player set himself a goal of one million dollars. Interestingly, in September 2024, he said he had a dream with the anonymous creator of BTC, Satoshi Nakamoto, who told him that the price of BTC would reach $84,650 on November 5 last year. The rating crossed that mark just a week later.

This indicator indicates more gains

An important metric worth watching when speculating on the price of BTC is the reserves of the asset stored on exchanges. According to CryptoQuant, the metric has recently plummeted to the level last seen in the summer of 2018.

This suggests a shift from centralized platforms to self-custody methods. It could be seen as a bullish sign as it reduces immediate selling pressure.

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