Bitcoin may hit $200K by mid-2025 as price drops ‘will remain mild,’ says Bitfinex
Bitfinex analysts believe the increasing Bitcoin institutional adoption will create strong demand-side pressure, making Bitcoin price dips in 2025 short and temporary.
Bitcoin price dips will be short-lived in 2025 due to strong institutional demand, say Bitfinex analysts, who predicted a best-case scenario of Bitcoin doubling in price by June 2025.
Bitfinex analysts said in a Dec. 17 market report that their minimum price estimates “stand at $145,000 by mid-2025, potentially stretching to $200,000 under favorable conditions.”
Bitcoin volatility expected in first quarter
“Our view is that any corrections in 2025 will remain mild, thanks to institutional inflows,” the analysts said.
They noted that while Bitcoin BTC $104,361 volatility is expected in Q1 2025, the “broader trend” suggests continued price growth, driven by ongoing inflows into spot Bitcoin exchange-traded funds (ETFs) and increased global and institutional adoption.
Around $36 billion has flowed into United States-based spot Bitcoin ETFs since they launched in January Farside Investors data shows.
“The BTC ETFs are one of the largest cohorts of Bitcoin holders at over 1.13 million BTC,” the analysts said.
At the time of publication, Bitcoin was trading at $105,360, a price that Castle Island Ventures’ partner Nic Carter believes could grow nearly nine-fold in the “long term.”
“Long-term, I’m looking for Bitcoin to match the market cap of gold, which would price Bitcoin at $900,000,” Carter told Bloomberg Television on Dec. 17.
Bitcoin author Andy Edstrom said on Dec. 16 that he is already “struggling to get used to the fact that $1,000 is less than a 1% move in Bitcoin’s price.”
Bitfinex analysts believe that if Bitcoin mirrors the 2021 cycle, with a roughly 40 percent increase above its moving averages, it could potentially “reach around $339,000.”
