According to BlockBeats, on January 1, as reported by CNBC, Bit Mining's chief economist Youwei Yang predicted that by 2025, the price of Bitcoin would reach between $180,000 and $190,000, but he also remained cautious about potential price corrections.
Yang stated: "The price of Bitcoin may experience a significant upward trend in 2025, but there may also be substantial corrections from time to time. During periods of market turbulence, such as a sharp decline in the stock market, Bitcoin may temporarily fall to around $80,000. However, the overall trend is still expected to be bullish. Based on these dynamics, I predict that the price of Bitcoin may peak at $180,000 to $190,000 in 2025, consistent with historical cycles and the increasing mainstream adoption of cryptocurrencies."
Nevertheless, Yang also expects that there will be some 'adjustments' in Bitcoin's price next year. Downside risks include tensions between China and the U.S., chaos in the global capital markets, potential unexpected restrictive measures, and a possible delay in the Federal Reserve's rate-cutting cycle.
Last year, Yang predicted that Bitcoin would reach $75,000 in 2024.

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