Bitcoin Bull Market: Predictions for $145,000 to $200,000 by Mid-2025 Post-Halving

According to a recent report by Bitfinex, Bitcoin has experienced a significant resurgence since its bear market low of $15,487 recorded in November 2022, soaring over 573% as of December 16. This year alone, Bitcoin prices have appreciated by 130%, largely propelled by robust institutional demand, primarily driven by ETFs and extensive spot accumulation. Historical trends suggest we are positioned in the middle of the market cycle, with a possible market peak anticipated in the third to fourth quarter of 2025, following the scheduled halving event in April 2024. Current market indicators, including MVRV and NUPL, confirm a sustained bull market phase, while forecasts indicate potential price targets ranging between $145,000 and $189,000. Although Bitcoin’s explosive past returns may be moderated by diminishing gains, the aforementioned trends indicate that institutional inflows could cushion any corrections anticipated in 2025. Furthermore, preceding halving events typically inspire stronger rallies, emphasizing Bitcoin’s growing relevance as a critical global asset. Investors are advised to remain cautious as Bitcoin nears potential overbought levels in this ongoing cycle.