1. The Current Market Situation
2. Driving Factors
Institutional Developments:
A massive sale of $9 billion worth of BTC was handled smoothly without a clear impact on the market, indicating a high technical maturity of the infrastructure.
Increased interest from local and international investors, and greater integration with traditional financial markets, raising volatility transactions and strengthening relationships between cryptocurrencies and indices such as Nasdaq 100 and S&P 500 (with a correlation reaching 0.87).
3. Short-Term Future Expectations (the next few months)
Bitcoin may reach $122,000–123,000 again, and possibly exceed $150,000 by the end of 2025, according to forecasts from Galaxy, KuCoin, and InvestingHaven.
Ethereum may reach around $7,000 by the end of 2025, supported by ETF inflows and its contribution to stablecoins and DeFi contracts.
4. Medium and Long-Term Expectations
The overall market is heading towards a compound annual growth rate (CAGR) of ~16.7% by 2029, and the cryptocurrency market may increase by $40 billion by 2025.
Bitcoin has a creative scenario targeting $185,000 to $250,000 for 2025 based on institutional acceleration and government support.
Continued development of the DeFi sector, stablecoins, and NFTs despite some slowdown, with a lack of judicial block on memecoins and a lot of technical innovation.
