Author: Ciaran Lyons, CoinTelegraph; Translated by: Wu Zhu, Jinse Finance
Bitfinex analysts stated that due to robust institutional demand, any decline in Bitcoin prices in 2025 will be short-lived, and they predict Bitcoin's price will double by June 2025.
Analysts at Bitfinex stated in a market report on December 17 that their estimate for the lowest price “could reach $145,000 by mid-2025, and possibly $200,000 if conditions are favorable.”
Bitcoin volatility expected in the first quarter
Analysts say: “We believe that any adjustments in 2025 will remain mild due to institutional capital inflows.” They noted that while Bitcoin is expected to experience volatility in the first quarter of 2025, broader trends indicate that prices will continue to rise, driven by ongoing inflows into spot Bitcoin exchange-traded funds (ETFs) and increased global and institutional adoption.
Data from Farside Investors shows that approximately $36 billion has flowed into U.S. spot Bitcoin ETFs since their launch in January.
Analysts said: “BTC ETFs are one of the largest groups of Bitcoin holders, holding over 1.13 million Bitcoins.”
As of the time of publication, Bitcoin was trading at $105,360. Source: CoinMarketCap
At the time of publication, Bitcoin was trading at $105,360, and Nic Carter, a partner at Castle Island Ventures, stated that Bitcoin's price could grow nearly 9 times in the long run.
Nic Carter stated in an interview with Bloomberg TV on December 17: “In the long run, I hope Bitcoin can catch up to the market capitalization of gold, at which point Bitcoin's price will reach $900,000.”
Bitcoin author Andy Edstrom stated on December 16 that he has “struggled to adapt to the fact that a $1,000 move is less than 1% volatility for Bitcoin's price.”
Bitfinex analysts stated that if Bitcoin reflects the 2021 cycle, rising about 40% above its moving average, it could “reach around $339,000.”
They stated: “In the unlikely event that a similar diminishing return occurs as in the extended cycle of 2017, Bitcoin could peak around $290,000 in early 2026.”
U.S. Bitcoin reserves could change the narrative
Meanwhile, the incoming Trump administration could potentially establish a Bitcoin strategic reserve in the U.S., leading the crypto industry to speculate that market narratives may enter uncharted territory.
“If a country implements a Bitcoin strategic reserve, you can say goodbye to your four-year cycle,” crypto analyst Tyler Durden said in an article on December 17.
After Donald Trump won the election on November 5, pro-crypto Senator Cynthia Lummis stated that she would push for legislation for the U.S. government to purchase Bitcoin and hold it for at least 20 years.
