Bitcoin price trajectory in 2025 is likely to remain strong, bolstered by robust institutional demand, according to a December 17 market report by Bitfinex analysts. They predict BTC could reach a minimum of $145,000 by mid-2025, with a best-case scenario of $200,000 under favorable market conditions.
The analysts highlighted that while some volatility may occur in Q1 2025, institutional inflows, particularly into spot Bitcoin exchange-traded funds (ETFs), are expected to keep corrections mild. Since their January launch, U.S.-based spot Bitcoin ETFs have already amassed $36 billion in inflows, according to Farside Investors.
“The BTC ETFs have emerged as one of the largest Bitcoin holding groups, with over 1.13 million BTC in their possession,” the analysts noted. This growing adoption is seen as a key driver for the cryptocurrency’s sustained growth.
Long-Term Potential
At the time of writing, BTC is trading at $105,360, but many experts believe this is just the beginning of a much larger rally. Nic Carter, a partner at Castle Island Ventures, recently told Bloomberg Television that Bitcoin could rise nearly ninefold in the long term to match the market cap of gold, which would place its value around $900,000 per coin.
Andy Edstrom, a well-known Bitcoin author, echoed this sentiment, stating, “$1,000 price moves are now less than 1%—a clear sign of how far Bitcoin has come.”
Bitfinex analysts also projected scenarios for Bitcoin’s peak in the coming cycles. If the current cycle mirrors 2021, BTC could rise 40% above its moving averages, potentially reaching $339,000. However, if the cycle reflects the extended 2017 pattern, with diminishing returns, the peak may land closer to $290,000 by early 2026.
Strategic Bitcoin Reserves Could Rewrite Market Cycles
Adding another layer to the speculation, pro-crypto legislation could soon reshape Bitcoin’s role in global markets. Following Donald Trump’s recent election win, Senator Cynthia Lummis announced plans to propose a bill for the U.S. to establish a strategic Bitcoin reserve, held for at least two decades.
Crypto analyst Tyler Durden remarked on December 17 that such a move could fundamentally alter Bitcoin’s four-year cycles. He believes that if one country starts a Bitcoin reserve, it would a game-changer.