a chart.
“A classic Bollinger Band Squeeze leads to a walk up the upper band.”
(Robert Kiyosaki, a vocal proponent of the leading cryptocurrency since 2017, gave a more ambitious prediction.
In a Dec. 18 post on X, Kiyosaki set a new target for Bitcoin, predicting the price could rise to $350,000 by 2025.)
BTC/USD daily chart with Bollinger Bands. Source: John Bollinger/TradingView
The possibility of Bitcoin moving higher from the current price has resulted in some ambitious new BTC price targets for 2025 and beyond.
Bitcoin Price Could Hit $350,000 in 2025
According to Mauricio Di Bartolomeo, co-founder of Ledn, Bitcoin will continue to increase in value as measured in gold, eventually reaching a price equivalent to 50 ounces of gold per BTC.
“I think Bitcoin will continue to appreciate in terms of gold and reach a price equivalent to 50 oz of gold,” Bartolomeo wrote in a Dec. 19 article on Forbes.
This would equate to a BTC price of $132,500 at current rates.
He added, “I expect to see a number of portfolio recommendations coming from the research departments of ETF issuers and registered investment advisors,” recommending their clients add Bitcoin to their portfolios.
Related: What Will Bitcoin Price Be in 2025 and 2045?
A recent report from BlackRock indicated that “investors might prefer to use Bitcoin tactically to hedge specific risks, similar to gold.”
Bartolomeo commented:
“If you are a fully allocated investor looking to rotate into a Bitcoin position, you might be inclined to reduce your gold position to make room, since you are investing in the ‘digital’ version of it.”