Despite the nearly 6% price drop last week due to concerns over President Trump's "tit-for-tat" tariff policies, many top experts still maintain their prediction that Bitcoin will reach $200,000 by the end of 2025.
So why is Bitcoin still trusted amid the storm of economic instability and geopolitical tensions? Let's review the key analyses that the market is closely monitoring.
1. The drop due to Trump's "Liberation Day"?
According to data from CoinGecko, Bitcoin fell about 5.5% last Thursday, trading around $82,000. The plunge occurred after the U.S. President announced new tax measures targeting goods from other countries, referred to as "reciprocal tariffs."
This policy not only impacts the cryptocurrency market but also pulls the U.S. stock market down sharply, with the Nasdaq index plummeting over 5%.
2. Bitwise and Standard Chartered remain confident: Bitcoin will reach $200K
Although the price of Bitcoin is under short-term pressure, experts from large institutions still maintain their views.
Ryan Rasmussen, Head of Research at Bitwise Asset Management, affirmed:
"The market is currently in a chaotic state like a 'Liberation Day,' but once stabilized, prices will rebound strongly. Without the risks from tariffs, Bitcoin could have been at $150,000 by now."
He also emphasized that in recent months, the crypto market has received a series of positive news such as the White House establishing Bitcoin reserves, changing regulatory policies, and the involvement of sovereign wealth funds. All are "dry explosives" waiting to ignite as market sentiment improves.
Geoff Kendrick, Global Head of Digital Assets Research at Standard Chartered, also reiterated the prediction: Bitcoin will reach $200,000 by the end of this year, despite short-term volatility.
3. Pantera: Tariffs are just Trump's "negotiation ploy"
According to Cosmo Jiang from the aforementioned source, Trump's tax policies are not a long-term target but merely a negotiation tool:
"The instability caused by the Trump administration could be completely resolved if he feels he has achieved concessions from other countries."
This could help the market recover quickly, and since Bitcoin is a highly sensitive growth asset, it could be one of the first assets to rebound.
4. Bitcoin vs Gold: Still a safe haven for value?
Recently, gold has continuously reached new heights, causing many investors to shift their capital to precious metals instead of digital assets. However, according to Jess Houlgrave – CEO of Reown (formerly WalletConnect):
"Digital assets that have not proven their market fit will experience significant volatility. But Bitcoin – as a store of value – still holds a superior position."
She believes that projects with practical applications and strong community usage, especially in the DeFi sector, will continue to develop despite market volatility.
5. The $76,500 milestone and "tax pressure" from Americans
While many experts are optimistic, some still issue short-term warnings. Arthur Hayes, former CEO of BitMEX, argues:
Bitcoin needs to maintain the $76,500 mark until after April 15, 2025, when Americans complete their tax obligations. If not, the upward momentum could be broken.
However, he still believes that Bitcoin could reach $110,000 sooner than expected, thanks to the U.S. Federal Reserve (Fed) slowing down the tightening of its balance sheet and believing that tax-related inflation is only temporary.
6. Interest rates, monetary policy, and the "moment of rebound"
Another important factor keeping investors optimistic is the expectation of the Fed cutting interest rates this year. Although the Fed is currently "on hold" due to fluctuations in tax and immigration policies, many experts believe that the monetary easing cycle will return, supporting the prices of risk assets like Bitcoin.
Conclusion: Bitcoin is "undergoing a test," but the future remains bright
The short-term instability caused by Trump's tax policies is just one of many tests that Bitcoin will face in 2025. However, with:
Positive news from public policy
Increasing participation from large institutions
Interest rate cut forecasts
And the position of "digital store of value" is increasingly reinforced
... therefore, the goal of Bitcoin reaching $200,000 by the end of this year remains a target that many experts believe in, although the road to it will certainly not be smooth.
⚠️ Risk warning: Investing in cryptocurrencies always carries significant risks and is not suitable for everyone. This article is for informational purposes only and is not investment advice. Readers need to assess risks and conduct thorough research before participating in the crypto market.