The price forecast for Bitcoin until the end of 2025 is becoming one of the most discussed topics in the cryptocurrency market. Currently, Bitcoin is trading above the mark of $104,000. Investors and analysts note that this dynamics is related to several factors: expectations for a reduction in the Federal Reserve's interest rates and the stabilization of inflation. Additionally, there is a growing interest in institutional investments in cryptocurrency.
However, the month turned out to be atypical. According to analysts at Coindesk, October 2025 may become the weakest for Bitcoin in the last decade. Derivative trading volumes are increasing. In the third quarter, a record was set for open positions. This reflects both the increase in interest and the rise in potential risks.
Against this backdrop, it is interesting to know where Bitcoin will move next. What will happen to its price by the end of 2025 if market activity continues to grow and the global economy remains in a state of loose monetary policy? Various scenarios are possible: from confident ascents following institutions to prolonged consolidation if profit-taking begins and interest wanes.
At the same time, it is important not only what Bitcoin will cost but also who will be driving the movement. Private investors, ETFs, or large corporations that have already begun to return to digital assets?
Forecast: what the BTC price might be until the end of 2025
The dynamics of Bitcoin ($BTC ) by the end of 2025 will largely depend on macroeconomic factors, primarily on the actions of the Federal Reserve System of the USA.
Strategist Mike McGlone believes that after Bitcoin reaches the $100 thousand level and gold rises to $4 thousand, a partial rotation of capital towards US government bonds may begin.
He links this to the likely easing of Fed policy and declining yields—factors that support interest in cryptocurrencies in the short term but may eventually stimulate investors to move to more stable assets.
According to Glassnode, the market structure remains stable: more than 70% of all bitcoins are in long-term storage. At the same time, the number of addresses with a balance above 1 BTC reached a yearly maximum. This indicates gradual accumulation of positions and reduced pressure from short-term speculators.
Nevertheless, volatility remains. In September and October 2025, the volume of liquidations of margin positions exceeded $1 billion per day, indicating the market's sensitivity to news about regulation and changes in the macroeconomic background.
Currently, the price forecast for Bitcoin until the end of 2025 can be described as moderately optimistic. If interest in risky assets remains and expectations for a rate cut by the Fed persist, the BTC price could hold in the range of $105−115 thousand. With additional institutional support, it could even reach $120 thousand. If the regulator maintains a stringent rhetoric, a move towards $90−95 thousand cannot be ruled out.
Market sentiment: how investors shape the price of BTC
Another factor shaping the current dynamics of Bitcoin remains the ownership structure. By 2025, the market became noticeably more mature. Short-term speculators are giving way to long-term investors focused on holding the asset.
According to Glassnode, about 75% of Bitcoin supply has not moved for more than six months. This is one of the highest figures in the entire history of observations. Such concentration of coins among long-term holders reduces speculative pressure and makes the market more resilient to sharp fluctuations.
Even during the autumn correction, large addresses, so-called 'whales', did not reduce their positions. On the contrary, a net inflow of funds was recorded, which confirms high confidence in the asset from institutional investors as well as private funds.
The behavior of retail participants has changed. While in previous cycles, investors took profits with every new high, now many use the HODL strategy. They hold coins, expecting long-term growth.
In total, these factors form the basis of the current cycle. The more participants perceive Bitcoin as a long-term asset, the less its susceptibility to panic selling. This means that a gradual transition from a speculative model to an investment one is beginning.
What derivatives show: the internal barometer of the BTC market
In 2025, the futures market became a key indicator of sentiment regarding BTC. The total open interest in Bitcoin futures rose above $32 billion. This indicates the return of major players and high involvement from the professional segment.
On September 22, a sharp downward movement was accompanied by forced liquidations amounting to over $1.5 billion in a day. This episode is illustrative of how leveraged positions amplify volatility during reversals.
Separately, the options market is growing. By the end of September, it was reported that there were $16 billion in options on BTC set to expire. This is one of the largest 'stress tests' of the current quarter. Such clusters of expirations concentrate risks and often amplify short-term fluctuations.
Institutionalization is also noticeable on traditional platforms. CME Group recorded a historic high in 2025 for total open interest in crypto instruments. It is also expanding trading regimes for 2026, which confirms sustained demand from professional participants.
A combination of factors, high OI, large clusters of options, and regular spikes in liquidations—all make derivatives a crucial driver of short-term BTC dynamics. As leverage increases, the market becomes more sensitive to 'squeezes', but at the same time, liquidity depth increases, helping to quickly find a new equilibrium range after sharp movements.
Geopolitics and institutional capital: who determines the market
In 2025, large capital returns to crypto products through regulated channels. According to CoinShares, in the first week of October, the inflow into crypto-ETP/ETF amounted to $5.95 billion, of which Bitcoin accounted for $3.55 billion— a historic high for weekly statistics. This confirms sustained demand from institutions.
Asian platforms are enhancing the role of the regional hub. Hong Kong is accelerating the development of the exchange-traded products market: the local regulator approved the first spot crypto-ETFs (including the launch of spot SOL-ETF), and in October the exchange recorded record dynamics in the ETP segment. This increases liquidity and attracts new institutional participants to the region.
The regulatory framework is also clarifying. Hong Kong has passed a law on stablecoins and is establishing licensing for issuers—a step towards clearer rules and reducing legal risks. At the same time, Singapore (MAS) has clarified the regime for token service providers, strengthening licensing and compliance requirements.
Therefore, the growth of 'white' infrastructure from ETFs to local licensing regimes expands institutional access and improves the quality of liquidity. This can reduce the share of purely speculative capital and makes the market less fragile to shocks.
Infrastructure: what supports the BTC market
While investor attention is focused on the price, processes are unfolding within the industry that could set the tone for the next cycle. The main one is the growing interest in Layer 2 technologies that address the limitations of the Bitcoin network: low speed, high fees, and the absence of smart contracts.
One of the projects moving in this direction is Bitcoin Hyper. This Layer-2 solution works as an additional layer over the main network. The project's core idea is to offload the main chain: transactions occur on the second level, and their results are recorded on the Bitcoin network.
This approach allows maintaining trust in the base protocol while significantly increasing throughput. The project integrates the Solana Virtual Machine (SVM), which provides high speed and smart contract support, which is absent in classic Bitcoin. This opens the way for decentralized applications, DeFi tools, and even NFT platforms within the Bitcoin ecosystem.
A key element of the infrastructure is the Canonical Bridge, a decentralized bridge that connects layers. A user can deposit BTC in the main network and receive an equivalent in the Hyper network, and then withdraw it back at any time.
The economic model of the project is built around the token $HYPER . It is used for paying fees, staking, and accessing specific services within the ecosystem. A total of 21 billion tokens will be issued, making the tokenomics predictable and limited. The token presale started in the summer of 2025 and is expected to conclude by the end of the first quarter of 2026. At the time of preparing this material, over $25 million has been raised, and the token price $HYPER is $0.013195. What awaits the market until the end of 2025.
The year 2025 became transitional for the crypto market. After volatile months, mass liquidations, and corrections, interest in Bitcoin did not weaken. On the contrary, the market is maturing. More and more investors see BTC not as a short-term tool but as a foundation for future financial infrastructure.
Analysts estimate that by the end of the year, Bitcoin may trade in the range of 105−120 thousand dollars if the macroeconomic situation remains stable. The key factor for this remains the US Fed policy: rate cuts or signals of easing rhetoric could support demand for risky assets. Otherwise, consolidation around current levels is possible.
On a technological level, Bitcoin is undergoing perhaps the most interesting phase in recent years. The emergence of Layer 2 solutions, such as Bitcoin Hyper, transforms it from 'digital gold' into a full-fledged platform for transactions and decentralized services.
Overall, the forecast for 2025 can be characterized as moderately positive. The growing interest in Bitcoin, increased liquidity, and technological breakthroughs create a foundation for further strengthening of the market. Even with potential corrections, it will be the infrastructure of Layer 2 networks, secure wallets, and institutional services that will determine what the next cycle will look like.
If previous years showed the strength of speculation, then 2025 demonstrates something different: resilience, technological advancement, and the gradual maturation of the entire crypto industry.
