Matrixport predicted that Bitcoin could reach $160,000 in 2025.
Bitcoin ETF demand, macroeconomic environment, and global liquidity pool will contribute to Bitcoin’s price rise.
Bitcoin price is exhibiting extreme volatility for the past week trading sideways at around the $100,000 price mark. While there is no significant price rise for the last 24 hours, market cap and trading volume are decreasing by 0.31% and 15.06% respectively. Meanwhile, Matrixport shared a report, estimating Bitcoin price to reach $160,000 in 2025.
The Matrixport recently released a report on X, saying their projections estimate a 60% growth in Bitcoin price in 2025. This 2025 target for Bitcoin is majorly due to the continuous demand for Bitcoin ETFs, favorable macroeconomic environment, along with increased global liquidity pool.
Bitcoin Exceeded Expectations in 2024, Says Matrixport Report
The Matrixport report started by mentioning how mature the crypto market is becoming by the day. It is primarily led by factors like the increasing institutional adoption combined with regulatory clarity and expanding use cases. The report further says, Bitcoin met and exceeded expectations in 2024, implying the current bull market prices.
The report also highlights how the broader crypto market and Bitcoin are approaching a critical adoption milestone. When the adoption rate surpassed the 8% threshold, the market could experience exponential growth. This phenomena is similar to how smartphones and social media experienced a massive growth after crossing the 8% adoption rate threshold.
Additionally, inclusion of Bitcoin into diversified portfolios is also proven effective and they recommended a 1.55% portfolio allocation to Bitcoin to investors. Unlike previous bull cycles, this time the price correction will be less, thanks to the growing number of buyers and institutional support for Bitcoin.
When Bitcoin gains further mainstream adoption, it will become more of an integral component of the global financial markets. The final overlook for 2025 already seems bullish with various favorable market conditions. As a result, Bitcoin is likely to see more ATHs and fosters its position as a matured asset class.
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