According to predictions from multiple authoritative institutions, analysts, and market models, the peak price of Bitcoin in the bull market of 2025 is concentrated in the range of $150,000 to $300,000, with some extremely optimistic forecasts even pointing to $500,000. Below is a detailed classification and basis for different predictions:

Mainstream Institutional Consensus Range: $200,000 - $250,000

Standard Chartered and Bernstein both predict a year-end target price of $200,000, primarily based on the continued inflow of ETF funds, institutional allocation demand (such as MicroStrategy's ongoing increase in holdings), and the strengthening of Bitcoin's safe-haven properties as 'digital gold'.

Technical Models and Scarcity Projections: $250,000 - $300,000

The Stock-to-Flow model predicts an average price of $500,000 based on supply and demand scarcity (range of $250,000 - $1,000,000), but the market generally believes this prediction is overly aggressive, with the actual peak likely closer to $300,000.

Monetary Liquidity Correlation Model shows a strong correlation between global M2 growth and Bitcoin prices. If M2 reaches $110 trillion by 2025, each $1 trillion increase corresponds to about a $35,000 premium, with potential target prices exceeding $280,000.

Extreme Optimistic Scenario: $300,000 - $500,000

Chamath Palihapitiya proposed a prediction of $500,000, believing Bitcoin will be adopted as a 'sovereign-level insurance asset' by national reserves, compounded by the supply contraction effect after halving.

Ark Invest's long-term bull market model points to $1.5 million (by 2030), but by 2025, some of the price increase may be reflected earlier at $300,000, relying on accelerated institutional adoption and technological breakthroughs.