$BTC Regardless of the chosen starting point, experts agree that the peak of the Bitcoin exchange rate — and therefore the entire cryptocurrency market — will occur in 2025. One of the main reasons is the recent halving, which has historically initiated new growth cycles. Galaxy Research predicts that BTC will reach $150,000 in the first half of the year and test $185,000 in the fourth quarter. In their opinion, this will be possible due to an active influx of capital through spot ETFs and increasing demand from institutional investors. Other analysts are also optimistic, although they urge caution regarding the potential market volatility.