Bitcoin (BTC) reached a new ATH of $107,700 in the second week of December. The current bullish trend is bringing optimistic vibes for early 2025. The Fear and Greed Index has reached 87, indicating significant investor interest.
The global cryptocurrency market capitalization is $3.72 trillion, up 1%, with trading volumes increasing 34% to $211 billion. Bitcoin's market cap has surpassed $2.11 trillion, with trading volume at $83 billion, maintaining a dominance of 56.46%.
President Donald Trump's plan to turn the U.S. into a Bitcoin powerhouse is fueling excitement in the industry. If Trump's proposal for a Bitcoin Strategic Reserve Fund is approved in January, BTC price could skyrocket to new heights.
This year's bull run is driven by the approval of spot Bitcoin ETFs, and all attention is now on Bitcoin's movements in 2025. With new tax policies, regulations, and Bitcoin reserve plans, how high could the Bitcoin price go by 2025?
Bitcoin price predictions for 2025
Mark Yusko, CEO of Morgan Creek Capital, recently shared his views on the future of Bitcoin in a podcast with Thinking Crypto Tony Edwards. He predicts that the current fair value of Bitcoin at $100,000 will trigger a parabolic rally, potentially pushing the price to $120,000–$150,000 by mid-2025. Yusko remains confident in Bitcoin's four-year cycle, which he believes will peak in the first half of 2025.
However, some analysts warn of a "Double Altcoin Bubble Season," where a major pump could lead to a significant correction, similar to the 2017–2018 cycle. In January 2018, many altcoins soared 100 times, only to witness a 95% collapse within a year.
He supported his stance with events from this year, noting how spot ETF approvals in January pushed Bitcoin to $74,000 in February, followed by some minor corrections shortly after the approval. This was when many seized the opportunity to buy in as prices dropped, and with the distribution model, Bitcoin also witnessed higher highs and lower lows in the futures market.
The cryptocurrency community is engaged
Cryptocurrency analysts Tommy Mustache and Tim Peterson predict Bitcoin will reach a price between $105,000 and $112,000 by early 2025, with Peterson relying on his Metcalfe’s Law model for his prediction. Meanwhile, if things go well in Q1, the all-time high is expected to rise higher, reaching around $150,000–$160,000 no earlier than mid-2025, while Fibonacci analysis and Elliott Wave indicate potential slightly higher peaks.
By April or May 2025, the fair value of Bitcoin is expected to settle around $100,000 due to reduced leverage and increased investor activity. Analysts anticipate a parabolic surge up to $150,000 before a correction occurs, which could sharply bring the Bitcoin price down to $75,000.
That said, the likelihood of a correction won't be as severe as in previous cycles, where drops were as low as 50% from fair value; however, this time the risks are calculated. Predictions are based on historical patterns when new ATHs bring about short-term corrections.
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