According to ChainCatcher news and a report by CNBC, the crypto financial services company Matrixport states that the price of Bitcoin could reach $160,000 in 2025.
Markus Thielen, head of research at Matrixport (also the founder of 10x Research), stated: 'This outlook is supported by the ongoing demand for Bitcoin ETFs, favorable macroeconomic trends, and the expanding global liquidity pool.'
Markus Thielen also indicated that due to the growing group of buyers for Bitcoin at lower prices, along with strong institutional support, the decline in 2025 is expected to be 'less pronounced.'
Matrixport had predicted in 2023 that Bitcoin would reach $125,000 in 2024.
