Bitcoin's future looks promising, according to Bitfinex analysts, who predict strong institutional demand will keep price dips short-lived in 2025. They foresee Bitcoin potentially doubling by mid-2025, with prices ranging from $145,000 to $200,000. Despite expected volatility in early 2025, the broader trend suggests growth, fueled by spot Bitcoin ETFs and increased adoption.
Currently trading at $105,360, Bitcoin could see long-term growth, with some experts eyeing a $900,000 price tag. Speculation is also rife about a potential US strategic Bitcoin reserve, which could shift market dynamics significantly.