【Bitcoin will reach $200,000 in 2025】
Recently, I went to check the analysis of GK (the chief of foreign exchange and cryptocurrency research at Standard Chartered Bank), who had previously made accurate predictions about Bitcoin's price points. Last April, when Bitcoin was still priced at $27,000, he predicted that Bitcoin would reach $100,000 by the end of 2024, and the current price is just around $100,000. His latest research report states that Bitcoin's target price for next year is $200,000. The main reasons supporting his prediction are as follows:
1. This year, Bitcoin's price has been pushed up by institutions (mainly through ETFs and Microstrategy buying over 683,000 BTC). It is expected that institutional buying levels in 2025 will remain at this year's level or higher (Microstrategy's latest three-year plan announcement indicates this), and with Trump's return to office, some traditional funds may increase their investment in Bitcoin.
2. The biggest positive factor is that if Trump returns to office, he may consider Bitcoin as a strategic reserve asset (a low-probability event with high odds), which would truly allow Bitcoin to be called digital gold.
3. Various countries are increasing their Bitcoin reserves to varying degrees.
I personally feel that the prediction of price points is not that important; what matters is that under these existing macro supports, Bitcoin will likely have at least another six months to allow everyone to swim freely.
$btc