Author: Ciaran Lyons, CoinTelegraph; Translated by: Wu Zhu, Jinse Finance
Bitfinex analysts say that due to strong institutional demand, any decline in Bitcoin prices in 2025 will be brief, and they predict that the price of Bitcoin will double by June 2025.
Bitfinex analysts stated in a market report on December 17 that their estimate for the minimum price 'could reach $145,000 by mid-2025 and could reach $200,000 if conditions are favorable.'
Bitcoin volatility expected in the first quarter
Analysts say: 'We believe that any correction in 2025 will remain moderate due to institutional inflows.' They noted that while Bitcoin is expected to be volatile in the first quarter of 2025, the broader trend indicates that prices will continue to rise, driven by sustained inflows into spot Bitcoin exchange-traded funds (ETFs) and increased global and institutional adoption.
Data from Farside Investors shows that since its launch in January, approximately $36 billion has flowed into U.S. spot Bitcoin ETFs.
Analysts say: 'BTC ETFs are one of the largest groups of Bitcoin holders, holding over 1.13 million Bitcoins.'
As of the time of this publication, the trading price of Bitcoin is $105,360. Source: CoinMarketCap
At the time of this publication, the trading price of Bitcoin is $105,360, and Nic Carter, a partner at Castle Island Ventures, stated that Bitcoin's price could grow nearly ninefold in the long run.
Carter stated in an interview with Bloomberg TV on December 17: 'In the long run, I hope Bitcoin can catch up to the market cap of gold, at which point Bitcoin's price would reach $900,000.'
Bitcoin author Andy Edstrom stated on December 16 that he has 'struggled to adjust to the fact that a $1,000 is less than 1% fluctuation in Bitcoin's price.'
Bitfinex analysts say that if Bitcoin reflects the cycle of 2021 and rises about 40% over its moving average, it could 'reach around $339,000.'
They stated: 'In the unlikely scenario that a similar diminishing return as seen in the extended cycle of 2017 occurs, Bitcoin could peak at around $290,000 in early 2026.'
U.S. Bitcoin reserves could change the narrative
Meanwhile, the incoming Trump administration could potentially establish a Bitcoin strategic reserve in the U.S., leading the crypto industry to speculate that market narratives may enter unknown territory.
'If a country implements a Bitcoin strategic reserve, you can say goodbye to your four-year cycle,' crypto analyst Tyler Durden said in an article on December 17.
After Donald Trump won the election on November 5, pro-crypto Senator Cynthia Lummis stated that she would push for legislation for the U.S. government to purchase Bitcoin and hold it for at least 20 years.
