According to Odaily Planet Daily, cryptocurrency financial services company Matrixport said that Bitcoin could reach $160,000 in 2025.“This outlook is supported by continued demand for Bitcoin ETFs, favorable macroeconomic trends and expanding global liquidity pools,” said Markus Thielen, head of research at Matrixport.Bitcoin is notoriously volatile and could fall 70% to 80% from its all-time high. Thielen said the 2025 correction would be "less pronounced." "Bitcoin's growing base of bargain hunters and strong institutional support are expected to mitigate a severe correction in the cryptocurrency space," Thielen said.
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