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