Amid bubbling optimism and new price predictions continually emerging, investors must navigate a fast-moving market without certainty of short-term direction.

Bitcoin Price Projection 2025: From Conservative to Speculative

Since BTC broke through US$ 90,000 at the end of 2024, price projections from major firms have started to emerge as follows:

  • VanEck: Target US$ 180,000

  • Galaxy Digital: Target US$ 200,000+

  • Fundstrat: Target US$ 250,000

The reasons behind these numbers are quite consistent:

  • Institutional adoption

  • More friendly regulations

  • Surge in inflows into Bitcoin Spot ETFs

  • Global macroeconomic uncertainty

However, there is now an additional factor, namely the continuously increasing global liquidity and high inflation expectations that have not eased. Arthur Hayes, co-founder of BitMEX, mentioned that Bitcoin prices are entirely driven by expectations of fiat supply, and those expectations are currently very bullish.

Also Read: Trump Media Acquires Bitcoin Worth US$ 2.32 Billion, Prepares for Aggressive Expansion

$$$Risk Next Year

Some analysts still believe in the 4-year Bitcoin cycle pattern, which usually ends with a bear market after halving. However, new voices are beginning to challenge this old narrative.

Willy Woo, a leading on-chain analyst, said that current risk signals are still low, indicating strong buy-side liquidity.

"Don't put too much faith in the tidy 4-year cycles. BTC is now a key indicator of global macro movements," said Woo.

Woo added that as halving loses its effect and U.S. fiscal pressure becomes heavier, Bitcoin could serve as a barometer of pressure on the global financial system.

What Do Major Players Say?

  • Nik Bhatia (The Bitcoin Layer): Bitcoin is rising now not because of optimism, but because of a search for neutrality amid the chaos of the bond market and government debt.

  • Stack Hodler: Highlighting the failure of the Trump administration's efforts to lower U.S. 10-year yields, along with threats of long-term fiscal deficits.

  • Joe Burnett (Unchained): Predicting a 'race between countries' in accumulating BTC.

  • ARK Invest (Cathie Wood): Predicting an extreme range between US$ 500,000 and US$ 2,400,000 per BTC.

One more, the most extreme forecast still comes from Arthur Hayes himself, with an estimated figure of US$ 1 million per BTC before 2028.