The price of Bitcoin has consistently been on the rise for quite some time, and those who took a brave stance during the November dip knew this. Brave investors who benefited from past experiences saw the November 2022 dip as a buying opportunity, resulting in a 5-6x gain in many altcoins in the first quarter of 2023. BTC itself experienced an increase of around 100%. So, what’s next?
2025 Cryptocurrency Predictions
Cycles associated with the Bitcoin halving event have historically propelled the king of cryptocurrencies to new highs every four years. During the halving (within a 140-200 day period), BTC bottoms out as a preparation. We don’t yet know if this will happen again or if a new bottom will emerge. However, historical data tells us that the price reaches its all-time high (ATH) within 1.5 years after the halving.
The next halving is set to occur in spring 2024, which means investors could witness a new BTC peak in 2025. Popular crypto expert TheBTCTherapist believes that BTC will cost more than $300,000 in 2025.
Experts’ BTC Predictions for 2025
Popular crypto blogger Crypto Rover is confident that Bitcoin will cost $110,420 in 2025. Most people agreed that a new market peak would occur during the same period. Expectations were high for Bitcoin to reach a six-digit price target, especially as it surged to $69,000 in 2021. However, rapid inflation and the sudden shift in direction by the Fed prevented this from happening.
Now experts anticipate six-digit prices to be reached before the end of 2025. Some even shared predictions that the cryptocurrency could rise up to $200,000. However, not everyone shares the same views. Changing market conditions, the previously highlighted paper Bitcoin issue by Woo, regulatory pressure, and the possibility of the Fed maintaining a tight monetary policy for a longer period have jeopardized the four-year cycle narrative, according to some experts.
In essence, periods when money becomes cheaper align with the four-year cycles. If the Fed keeps interest rates high for longer, it is likely that risk markets will suffer fatal blows. In an environment where there are no intermediate strong rallies, we may even witness some major projects suspending their operations due to liquidity issues within 6-9 months. Indeed, such collapses have been occurring clearly over the past year.