2025 looks very optimistic for bitcoin (BTC) or at least that is shown by the numerous number of predictions that predict new all-time high prices (ATH) for this asset.
From amateur traders to experienced analysts and large companies have expressed bullish projections for the digital currency in the coming year. However, not everyone predicts the same prices.
According to the Standard Chartered bank, bitcoin will reach a maximum of 250,000 dollars (USD) in 2025 and will end the year establishing around USD 200,000. This forecast is based on estimates that exchange-traded funds (ETFs) will reach inflows of $75 billion.
“We believe that a similar halving cycle will follow that we have seen in the past, which would imply something around USD 250,000 for bitcoin in 2025,” said Tom Lee, the head of research at the company. Fundstrat Capital asset management.
Bitcoin has always experienced a sustained bullish trend in the year following each halving. This event automatically reduces the currency’s issuance by half every four years, favoring its appreciation with incoming demand. That is why, with its most recent edition occurring in 2024, enthusiasm for this year is growing.

Although halving does not guarantee a price increase, it makes it easier to occur by reducing the possible supply of miners. Therefore, this attribute is one of the main attractions of bitcoin that attract more investors to the market.
The asset management company Bitwise predicts in this scenario that bitcoin will reach USD 200,000 by 2025. Although, it emphasizes that, if the United States government goes ahead with the proposal to have 1 million units of BTC, Its price will reach USD 500,000 or more.
Adam Back, co-founder and CEO of BlockStream, has been even more ambitious in the same case. “If the US bitcoin strategic reserve materializes, prepare for a 7-figure bitcoin this cycle,” he exclaimed.
In any case, this greedy projection is far from the objectives of the majority of predictions that have been made for 2025. Although, bulls do not rule out bitcoin becoming worth $1 million long term. According to Cathie Wood, the CEO of the asset management company ARK Invest, this will not happen until 2030.
For Ark Invest, if institutional investors allocate between 1% and 4.8% of their portfolios to the digital currency, the price of bitcoin could go to levels from USD 120,000 to USD 550,000. This possibility is put on the table with the arrival of BTC ETFs last year in the United States, the main economic power.
The recent interest cuts also mean greater liquidity in the economy, which can facilitate the entry of capital into the markets. At the same time, the beginning of Donald Trump’s presidential term in the United States this year adds an optimistic tone due to better economic expectations and his intention to boost the cryptocurrency industry.
USD 200,000 is a recurring goal for bitcoin in 2025
Beyond the different projections that exist for bitcoin, several agree on figures around USD 200,000 at most by 2025. One of those who think it can reach this figure is the investment management firm Bernstein, due to the growing allocation in bitcoin portfolios. investment.
In fact, for Gautam Chhugani, an analyst at Bernstein, bitcoin will surpass gold as the main asset in the next ten years, becoming the “new era store of value”. “It will become a permanent part of institutional multi-asset allocation and a standard for corporate treasury management,” has stated.

In correlation, the Argentine investor Norberto Giudice considers that, With Trump’s electoral victory, a super bullish cycle is forming for bitcoin. According to his vision, this can bring its price to close to USD 200,000. Due to the duration of the bull runs above, projects such a peak for the end of next year.
There are also those who see higher prices like the trader and cryptoasset analyst Juan Téllez. According to their estimates, the capitalization of bitcoin will rise to USD 5.7 trillion in this bullish cycle, almost four times larger than the current one. This would drag the price of BTC to USD 285,000, he warns.
Although, the analyst does not rule out a more bullish case in which the capitalization reaches USD 12 billion and, consequently, the price of bitcoin at USD 600,000. “I know it’s hard to believe; At least it’s hard for me to believe,” he clarifies. But, as a defense, remember that, in each BTC cycle, few people projected the price peaks it would reach.
In the past, the digital currency has seen increases that reached four-figure percentages. However, it should be taken into account that BTC rise level has decreased in every bull cycle. This is due to its growing capitalization, which makes its price volatility lower due to trading volumes.
Therefore, it is crucial to consider that, as the market matures, profit levels such as those seen in the past may not occur. Even so, this means something positive for investors, since it implies less risk of downward volatility than in the beginning of the currency.
The most bitcoiner businessman does not yet see USD 200,000 as possible
Curiously, the most bitcoiner businessman does not predict prices as high as others. This is Michael Saylor, the president of MicroStrategy, the company with the most BTC holdings. “Bitcoin will reach USD 180,000, then it will fall to USD 140,000 and people will go crazy,” has predicted.

Likewise, the asset management company VanEck portends a price around USD 180,000 for bitcoin at the peak of the cycle. Due to market trends, he sees it possible in the first quarter of 2025. Afterwards, he foresees a 30% contraction and the possibility of a recovery in the autumn of the northern hemisphere, which begins in September.
There is a possibility that BTC’s rise this year will stop near USD 150,000, according to some
“My expectation for the peak of the cycle is $300,000,” stated Sebastián Serrano, the CEO of the Ripio exchange. “At the beginning of 2024, I thought it was coming very quickly, that everything was going to happen very quickly, but luckily it stopped a little. The longer it takes, the more it can develop,” he explained in depth in an interview with CriptoNoticias.
In any case, as a more probable scenario, the businessman has considered a scenario where bitcoin can easily reach prices between USD 150,000 and USD 200,000 by 2025.
For the director of CoinEx, Pedro Gutiérrez, the ATH of this cycle will be between USD 100,000 and USD 150,000, with the possibility of occurring towards the middle of the year. “From then on it stabilizes and there is an altseason. Afterwards, we already know that a big setback is going to come, so we have to be very well prepared for that,” he noted.
According to Capriole Investment, a “rebalancing” of bitcoin against gold suggests that reaching $140,000 is likely “justified,” based on its historical performance comparison. This same figure is also projected by Iván Paz Chain, CEO of Trading Different, and the Spanish trader Pablo Gil.
In parallel, the Bitfinex exchange maintains that Minimum price estimates stand at USD 145,000 in mid-2025and reach USD 200,000 in favorable conditions. “Our opinion is that the corrections in 2025 will continue to be slight, thanks to institutional inflows,” he mentioned.
“While high volatility is expected in the first quarter of 2025, the broader trend points to further price appreciation, supported by ETFs, institutional adoption and the growing prominence of bitcoin as a global asset.
However, investors should remain alert for signs of overbought conditions as bitcoin approaches its cycle peak. Metrics such as MVRV, NUPL and the bullish and bearish market cycle indicator indicate that the bullish phase continues, but far from the euphoric highs, he clarifies.
With this in mind, the general market consensus is that bitcoin still has room to continue rising. In fact, There is no one who dares to give bearish perspectives for 2025 at the moment. Although, it is necessary to take into consideration that, once the bullish wave is over, a sharp decline may occur.
However, beyond the projections, the maximum price of the cycle at the end will depend on what supply and demand are willing to negotiate. The aforementioned objectives of the specialists can give signs of the places where strong resistance is likely to form psychological.