The Bitcoin price has seen a big jump in the last few weeks. We must not forget that we are still in a bear market. That means the bear market is just around the corner in the years to come. 2025 could be the year when the Bitcoin price explodes massively. How high can Bitcoin reach in 2025? Let’s analyze in this Bitcoin prediction for 2025.
How has the Bitcoin price moved so far in 2023?
The Bitcoin price has risen sharply so far in 2023. The first big surge came in January when the Bitcoin price started a strong rally at the turn of the year. The Bitcoin price rose from $15,500 to $23,000. After the price rose only slightly in February, March became a bit more turbulent.
With the banking crisis, the Bitcoin price only fell below the $20,000 mark. But then there was a massive rally in which the Bitcoin price was able to rise to $25,000 and later even to over $28,000. A move above $30,000 could be imminent. Therefore, we are assuming a very positive Bitcoin forecast in the future.
Why was Bitcoin able to rise so much?
In the fourth quarter of 2022, the Bitcoin crash was mainly due to the FTX bankruptcy . The bankruptcy of the crypto exchange caused the market to collapse and the Bitcoin price fell to $15,000 in the process. The BTC seemed to be massively undervalued.
In 2023, we saw Bitcoin price leveling out after these sharp losses. In March, the Bitcoin increase was then fueled primarily by the banking crisis. More and more investors see Bitcoin as a store of value that protects against a bank collapse.
What is the Bitcoin Prediction for 2025?
The Bitcoin price should still be able to rise sharply by 2025. Because we will very likely see the next Bitcoin Halving in spring 2024 . When halving, there is a supply shock for Bitcoin, which has subsequently repeatedly driven the price up massively.
The Bitcoin forecast for 2025 should therefore be very positive. Because the following year after the year of the halving, in the past there was always a big bull run, in which new all-time highs were regularly reached. That could be the case again by the end of 2025.
How high can Bitcoin reach in 2025?
The Bitcoin price should therefore reach its peak in 2025. But how high can the price go this year? We have to look at past cycles. The low for the last bear market was slightly above the $3,000 level. The all-time high in the bull market was over $68,000. This gives an increase by a factor of 20 or slightly more.
In the coming cycle, the increase could be a little smaller, possibly by a factor of 15. This would allow the Bitcoin price to reach an all-time high of $225,000. Some analysts claim that the last cycle should have already passed the $100,000 mark. If we accept this theory, we could also assume a 20x rise from the $15,000 low (after the FTX crash).
Therefore, we assume a Bitcoin forecast of 225,000 to 300,000 US dollars at the top for 2025.
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Source: https://cryptoticker.io/en/the-big-bitcoin-prediction-for-2025/