1. Bitcoin (BTC)
Outlook
Many major banks forecast BTC to reach somewhere between ~US$133,000 to US$200,000 by year‐end 2025.
Another analyst sees a ~35% rally possibility in Q4 if accumulation and ETF flows continue — implying a target near US$160,000.
Key support/resistance: resistance near ~US$120,000-124,000 and breakout above that opens up the higher targets.
What could drive it
Spot & futures ETF inflows continuing or accelerating.
Rotation of capital from other assets (gold, cash) into crypto.
Whale/large-holder accumulation combined with good macro backdrop (e.g., lower interest rates, weaker USD).
A breakout above major technical levels could trigger momentum runs.
What could go wrong
Macro shock (interest rates up, strong USD, inflation unexpected) could hit risk assets including BTC.
Regulatory headwinds: a major crackdown could spook markets.
Profit-taking and leverage unwind near the high zone could cause sharp pullbacks (historically BTC has large swings).
If BTC fails to clear ~$120 k convincingly, it may consolidate or correct instead of exploding.
My personal view
I lean moderately bullish on BTC for Q4: a base case target is around ~US$150,000-180,000 if all goes well, with upside to ~US$200,000 in a strong scenario. A pullback or consolidation remains likely before that final push.
Into early 2026, if momentum holds, there could be extension into the ~$200k+ zone, but risk of plateau or correction grows as we approach a cycle top.
2. Ethereum (ETH)
Outlook
Forecasts show a range: some analysts expect ETH to reach ~US$6,800 by year-end 2025 in a bullish scenario.
More conservative/medium scenarios suggest ETH may consolidate around US$5,000-5,500 toward Q4.
What could drive it
Continued growth of DeFi, layer-2 ecosystems, real‐world asset tokenisation on ETH.
Progress on ETF/regulatory clarity or institutional access to ETH.
General crypto market upside led by BTC often means ETH catches a lift.
What could go wrong
If ETH’s network upgrades or ecosystem innovations disappoint, its premium may fade.
Macro/risk asset weakness could hit ETH more (since it’s still considered riskier than BTC).
If BTC dominance strengthens, altcoins including ETH may underperform.
My personal view
For ETH I expect it to trade in the ~US$5,000-6,000 zone in Q4 2025 under “normal” market conditions. If momentum is strong, a push toward ~US$6,500-7,000 is plausible. But upside beyond that seems more speculative and would require broad risk-on behaviour and strong catalysts.
3. Solana (SOL) & XRP
Outlook
SOL and XRP are showing signs of institutional adoption (futures open interest, etc.).
For SOL: somewhere in the region of US$200-300+ is cited in bullish narratives.
For XRP: if legal/regulatory clarity proceeds, some saw targets up to ~US$5 or more (historical context) though that may be aggressive.
What could drive them
Institutional/trading infrastructure (futures, ETFs) opening up for these tokens.
Strong ecosystem growth (e.g., Solana’s real-world asset tokenisation, on‐chain volume).
A market rotation from “safe-bet” large caps (BTC/ETH) into next tier coins if risk appetite increases.
What could go wrong
These tokens carry more execution risk: protocol issues, network problems, regulatory setbacks.
They may underperform if the market focuses on “safest” assets (BTC) and risk aversion dominates.
A small narrative shift or sentiment slip could hurt more than for BTC/ETH.
My personal view
I see SOL/XRP as higher risk, higher reward plays for the remainder of 2025. If markets are good, SOL could target ~US$250-300+; XRP maybe mid‐single‐digit USD or higher only if strong catalyst. If markets turn risk-off, they may lag.