$BTC As of March 1, 2025, Bitcoin is trading around $84,553.
Recently, Bitcoin experienced significant fluctuations: its price dropped from over $84,000 to below $79,000 within a few hours, then rebounded to just over $80,000. This decline was accompanied by decreases in other cryptocurrencies such as Ether and XRP. Traders expect further declines, considering the open put options with a strike price of $70,000. If Bitcoin reaches this level, it would represent a drop of 35% from its January high of $109,000.
Despite the current volatility, many analysts remain optimistic about Bitcoin's long-term prospects. For example, Bitwise analysts predict that Bitcoin's price will exceed $200,000 in 2025, especially if the U.S. adopts a strategic Bitcoin reserve. Standard Chartered also forecasts similar high prices. VanEck expects a peak of $180,000 with significant fluctuations, while Deepwater Asset Management predicts $150,000, considering favorable market and regulatory conditions.
However, it is worth noting that forecasts regarding Bitcoin's future price vary widely. Some experts expect Bitcoin to reach $115,000–135,000 in the first half of 2025, after which consolidation may occur.
Other forecasts are more conservative, estimating Bitcoin's potential value in the range of $93,000 to $180,000, considering both positive market growth trends and potential regulatory hurdles.
Overall, while short-term price fluctuations may cause concern, the long-term outlook for Bitcoin remains positive. However, investors should be prepared for volatility and consider potential risks when making investment decisions.
