Experts reviewed by BeInCrypto expect the approval of spot Bitcoin (BTC) exchange-traded funds (ETFs) in the US and the 2024 halving to increase Bticoin’s price this year. Their 2025 Bitcoin price predictions augur well for those who invest in Bitcoin now.
BeInCrypto recently surveyed crypto community members to determine their Bitcoin price predictions for the next year.
Expert’s 2025 Price Prediction: BTC Hits $280,000
Charles Edwards of Capriole Investments expects Bitcoin to increase to $280,000 early next year. His analysis is based on the growth of the largest cryptocurrency following previous halvings.
According to Edwards, the Chinese ban on crypto mining stalled Bitcoin’s growth in 2020. However, the asset will reach $280,000 in 2025 if the last post-halving cycle’s pattern repeats itself without similar interruptions, given the twin forces of spot Bitcoin ETFs and the 2024 Bitcoin halving.
“…I believe the 2020 cycle performance was mediocre and an outlier. When you drill it down to the two most important factors for Bitcoin this cycle, and add them together, it’s easy to arrive at a conservative Bitcoin price of $300K in the next couple years,” Edwards said.
Read more: How To Buy Bitcoin (BTC) and Everything You Need To Know
On the other hand, technical analyst Titan of Crypto is less positive about Bitcoin’s price early next year, arguing that a correction will follow Bitcoin’s recent growth. According to a recent post on X, Titan Crypto believes that Bitcoin will hit $60,000 in early 2025. Later, the crypto’s price will increase to $340,000, according to their Elliot Wave crypto calculations.
Top Analysts Forecast $100K-$500K BTC Price
Crypto trader Stockmoney Lizards believes that Bitcoin could rise to $280,000 in 2025 and enter a correction afterward. Another analyst, Yoddha, believes the Bitcoin price will reach $100,000 in 2025. A repeat of the 2021 cycle could see its price reach $160,000.
Another technical analyst, Mags, believes the halving could move Bitcoin’s price closer to $300,000 in early 2025. Reducing the rate at which new BTC is released into circulation will cause the asset to enter a stage of parabolic growth.
Read more: Bitcoin Halving Cycles and Investment Strategies: What To Know
Aurelien Ohayon, a technical analyst at Xorstrategy, a company that offers algorithmic Bitcoin trading, is the most positive. He estimates that Bitcoin could rise to $100,000 in early 2025 and reach $500,000 later.
Disclaimer
In adherence to the Trust Project guidelines, BeInCrypto is committed to unbiased, transparent reporting. This news article aims to provide accurate, timely information. However, readers are advised to verify facts independently and consult with a professional before making any decisions based on this content. Please note that our Terms and Conditions, Privacy Policy, and Disclaimers have been updated.
More Stories
Senator Cynthia Lummis to Unveil BTC Reserve Bill at Bitcoin Conference 2024: Report
Whales Stake $41 Million Worth of SOL Amid Solana ETF Talks
Internet Computer (ICP) Correlation With Bitcoin May Spark Further Gains