Bitcoin Set for a Surge: Experts Predict Prices Soaring Up to $200,000 by 2025
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According to recent analyses from various crypto institutions, a significant bullish sentiment surrounds Bitcoin for 2024 and beyond. Matrixport, a leading cryptocurrency financial services firm, posits that Bitcoin could achieve a valuation of approximately $160,000 by 2025. Markus Thielen, the firm’s Head of Research, supports this bullish forecast citing the growing interest in a Bitcoin ETF, robust macroeconomic conditions, and increasing global liquidity.
Moreover, Alex Thorn from Galaxy Digital, a key player in digital asset management, anticipates Bitcoin could exceed $150,000 in the first half of 2024, potentially reaching $185,000 by Q4. These optimistic projections are further echoed by Sid Powell, CEO of Maple Finance, who forecasts a price range between $180,000 and $200,000 by the close of 2025.
Geoffrey Kendrick from Standard Chartered Bank also shares an optimistic view, suggesting Bitcoin may reach $200,000 by the end of 2025, while Yang Youwei of Bit Mining keeps a cautious perspective, estimating a valuation between $180,000 and $190,000, emphasizing the possibility of a market correction.