In a thread on X, Alistair Milne, co-founder and Chief Investment Officer (CIO) of Altana Digital Currency Fund (ADCF), shared his predictions for Bitcoin in 2025. With his tenure at ADCF since 2014, Milne's insights carry significant weight in the investment community.

Bitcoin Predictions for 2025

Milne begins his forecast by mentioning the potential involvement of the U.S. in accumulating Bitcoin. “Some of my predictions for Bitcoin in 2025: Major prediction: Trump will not announce the purchase of Bitcoin on behalf of the U.S. in 2025, but he WILL sign an order to prevent any seized BTC from being sold... creating a practical reserve. It will still create global FOMO,” Milne states.

Therefore, Milne predicts that Trump will not adhere to the Bitcoin Act proposed by U.S. Senator Cynthia Lummis, suggesting the purchase of 1 million BTC over five years. However, Milne believes that the U.S. under President-elect Trump will hold 198,109 BTC (according to Arkham data) as a national reserve as Trump promised at the most recent Bitcoin conference in Nashville, likely causing global fear of missing out (FOMO).

Expanding on the international context, Milne predicts an increase in adoption by smaller, more agile nations. “Other countries, smaller and more agile (beyond Bhutan and El Salvador) will announce Bitcoin Reserves and start buying or mining before the U.S. does. Middle Eastern countries will begin announcing their holdings,” he notes.

The participation of businesses in Bitcoin is also expected to increase. Milne predicts that at least one other S&P 500 company, meaning not Tesla or MicroStrategy, will announce the acquisition of Bitcoin by 2025.

Price predictions remain optimistic in Milne's Bitcoin forecast. He predicts, “Bitcoin will reach around $200,000-$250,000, even without the U.S. government buying in. If the U.S. starts buying in, expect nearly $500,000. Yes, by 2025. This is because it officially becomes the national arms race and there won’t be enough Bitcoin.”

Milne also mentions market dynamics, predicting that Bitcoin will peak in the second half of the year. Although his prediction is for October, he believes the bear market will be "significantly lighter than previous markets due to countries and corporations accumulating gradually."

Addressing concerns related to security and market stability, Milne mentions, “Bitfinex has finally returned most of its hacked BTC... causing the market to temporarily drop as people FUD and say they will sell off Bitcoin (but in reality, they will gradually convert 80% of that into LEO within 18 months).”

The collapse and subsequent recovery of major exchanges also plays a role in Milne's prediction for Bitcoin in 2025. He states, “FTX began distributing USD to creditors in Q1, through several major exchanges... making it easier for them to reinvest in Bitcoin, etc. At least 50% of the repaid funds will be reinvested.” This reinvestment flow is expected to pump liquidity back into the Bitcoin market, driving a new price rally.

Milne does not overlook the performance of institutional investors, noting that, "MSTR achieves 'Bitcoin profit' of about 30% by 2025 before the premium closes." Ultimately, Milne concludes his Bitcoin prediction with a note addressed to Silk Road founder Ross Ulbricht. During the election campaign, newly elected U.S. President Donald Trump vowed to free Ulbricht. He predicts that Trump will make good on his word: "Ross will be freed."