Is Crypto Price Going to Go Back Up?

Bitcoin is hovering around $84,000, altcoins are licking their wounds from a brutal December drop, but prices could skyrocket to new highs this year.

Experts are throwing out numbers like $200,000 for Bitcoin and $6,000 for Ethereum—But will it really happen? And when?

Since December 2024, crypto’s been a battlefield. Bitcoin hit $109,000 in January, only to stumble back to $84k.

Altcoins? They’ve been crushed, with some X users calling it “the most painful decline yet.” But many believe we’ve hit rock bottom saying the worst is behind us.

Analysts like Galaxy Research agree, pointing to a “completed correction phase” and a market poised for takeoff. Bitcoin has crashed and burned before (think $16,000 in 2022), only to come back stronger.

Global liquidity is expanding, and if central banks cut rates by mid-2025 (as Galaxy predicts), cash will flood into risk assets like crypto. Second, Wall Street’s waking up. Bitcoin ETFs have already sucked in 683,000 BTC since January 2024, and Bitwise forecasts 2025 inflows will dwarf last year’s haul—potentially pushing ETF assets past $250 billion. That’s institutional money saying, “Crypto is legit.”

Then there’s the Trump card. The incoming administration, taking office in 2025, is stacking the deck with crypto-friendly heavyweights like Paul Atkins at the SEC. Trump’s even floated a U.S. Bitcoin reserve—a move VanEck says could send BTC to $180,000 by Q4.

But there is a catch. Corrections of 30–60% aren’t rare, and VanEck’s expecting one mid-2025. Matrixport’s Markus Thielen (December 2024) warns altcoins could get slaughtered again before the big rally. Plus, if the U.S. Dollar keeps flexing (DXY at 104 and climbing), or yields spike, risk assets might stall. And while Trump’s pro-crypto, people wonder if he’ll prioritize the dollar over decentralized assets. CoinCodex’s RSI sits neutral at 49.96—technicals say we’re in limbo.

"Choppy waters are ahead, but the tide is turning.”

- Vanessa Sierra Crypto Updates