In general, hope that Bitcoin will mark new historical maximums.
For some, the upward cycle could extend beyond this year.
If you had to summarize what goes from 2025 for Bitcoin (BTC) in a metaphor, it would be a roller coaster.
This is because the macroeconomic context went through different stages that aroused moments of euphoria, but also of uncertainty among investors.
By briefly reviewing the events that marked the year, the first one that stands out is the presidential assumption of Donald Trump, who came to power with the promise of promoting a favorable regulatory framework for digital assets, in addition to the creation of a strategic BTC reserve. In fact, on January 20 – day of the assumption -, Bitcoin marked a historical maximum (ATH) of 109,110 dollars per unit.
However, euphoria lasted little. It is that the US president unleashed a commercial war and imposed reciprocal tariffs for China, Canada, the European Union and all Latin America, which generated a bearish pressure that carried the price of BTC up to $ 70,000.
After a series of negotiations, the United States ordered a truce in its tariff policy and, as a consequence, BTC reached its current ATH, close to $ 112,000.
This tour culminates with the 12 -day war between Israel and Iran. As Cryptoics reported, after the bombing of the United States to Iranian nuclear bases, the price of BTC fell below $ 100,000. Even so, the currency created by Satoshi Nakamoto showed resistance and quickly resumed the upward trend. This impulse intensified after Trump will announce a high fire among the protagonists of the war conflict.
And it is at this point where we are, with BTC quoting above $ 107,000, 4.3% below its ATH, as seen in the following graph of TrainingView.
Now, after doing this route, it is time to answer the million dollar question: at what price will Bitcoin arrive in 2025?
Ryan Lee, Chief of Bitget Research analyst, forecast that BTC will reach the range between $ 110,000 and $ 115,000 for the third quarter of the year. By the end of 2025, it does not rule out that the price of Bitcoin exceeds $ 130,000.
Standard Chartered, a multinational bank based in the United Kingdom, remarks that the upward cycle could extend beyond 2025 and projects sustained growth: $ 300,000 in 2026, $ 400,000 in 2027 and 500,000 dollars in 2028, stabilizing up to 2029.
For his part, Willy Woo, an analyst and professional trader, believes that the BTC upward cycle “is entering its final phase,” although he explains that he could extend beyond this year. For him, the price of Bitcoin will exceed $ 112,000 in the short term and, therefore, will have enough impulse to climb to the $ 118,000 zone quickly.
It also mentions a key issue in a market trends: the Institutional fever by BTC. In this regard, Woo points out: “I have never seen flows to BTC so fluid; it is as if the institutions were averaging the cost in dollars with their billions.”
That is precisely the reason why Adam Livingston, author of the book The Bitcoin Ageargues that talking about bearish or bullish cycles is a thing of the past because of the fact that more and more companies are implementing a BTC accumulation strategy as a reserve asset.
As Cryptonoticia explained, this Bitcoin aggressive purchasing model was devised by Michael Saylor, CEO of Strategy (formerly Microstrategy), in August 2020. The creation of a BTC strategic reserve is not for short -term speculative purposes, but part of a long -term vision. Currently, Strategy is the public contribution firm with more Bitcoin in his treasury.
Unlike traders, which before any news or price movement reacted rapidly, companies that accumulate BTC have a long -term objective. So, The typical volatility of traditional cycles is reducedwhere an ATH used to be followed by a prolonged fall.
Livingston raises the following: “BTC’s next historical maximum will be set during a conversation in Strategy’s boardroom when someone asked: ‘How many coins do we want this quarter?’ And the answer will be: ‘all’. ”
This is because every time Strategy makes a purchase, it is actually getting liquidity from the market. When there is less supply, a bullish pressure is generated that can boost the price in the medium and long term. This becomes even more relevant if Bitcoin is considered to have a supply limited to 21 million units, and that its broadcast is reduced every four years in an event known as Halving.
And here is also another interesting issue: Livingston comments that Strategy caused a new phenomenon that he calls “synthetic halving.” Is that with repeated purchases, financed through convertible bonds and shares, The firm artificially reduced the available BTC offer in circulationgenerating an effect similar to that of halving. In simpler terms, there are fewer coins available to be bought, which tends to press the upward price.
In other words, if institutional investment continues to gain impulse, Bitcoin could gather the necessary force to firmly overcome resistance around $ 110,000, a level that has already been tested without success on previous occasions. If this trend is maintained, it would not be unreasonable to see BTC climb up over $ 120,000 in the next semester.
