Bitcoin is recovering sharply from weekly lows and is heading toward a new all-time high of $104,088. VanEck predicts that the crypto bull market will see its first peak in the first quarter of 2025. After that date, Bitcoin is expected to correct by 30% and altcoins by 60%. The recovery is expected to begin in the fall, with major tokens reaching their previous highs by the end of the year.

Bitcoin mining researcher Danny Marques thinks that Bitcoin could reach a level between $173,646 and $461,135 in 2025. Ether is also expected to catch up with Bitcoin in 2025. In the short term, if Bitcoin stays above $104,088, some altcoins could rise even higher.

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