CoinVoice has learned that, according to CNBC, cryptocurrency financial services company Matrixport indicates that the price of Bitcoin could reach $160,000 by 2025.
Markus Thielen, Head of Research at Matrixport (and also founder of 10x Research) stated: “This outlook is supported by the ongoing demand for Bitcoin ETFs, favorable macroeconomic trends, and the expanding global liquidity pool.”
Thielen also noted that due to the growing number of dip buyers for Bitcoin, along with strong institutional support, the expected pullback in 2025 will be “less pronounced.”
Matrixport had predicted in 2023 that Bitcoin would reach $125,000 in 2024. [Original link]
