According to Foresight News, Galaxy Research predicts that Bitcoin will exceed $150,000 in the first half of 2025 and may reach $185,000 in the last quarter of the same year.
The research house believes that adoption at the institutional, corporate and country levels is the main factor driving Bitcoin to these highs.
Galaxy Research also said that Bitcoin will continue to outperform other asset classes, including the S&P 500.
Regarding gold, the Galaxy team expects Bitcoin’s total market value to reach 20% of gold’s total market value. Yesterday, Bitcoin’s market value was about $1.85 trillion, while gold’s market value was estimated to be close to $18 trillion.
