Analysts across banks, hedge funds, and research firms are dissecting historical cycles, macro indicators, and regulatory shifts to project how high Bitcoin might climb in 2025. Bitcoin predictions for 2025 range from $125,000 to $350,000.
Bitcoin Price Predictions 2025
#1 Fundstrat: $250,000
Tom Lee, co-founder of Fundstrat, posits that Bitcoin could reach $250,000 within the next 12 months. In a November 29 interview, Lee cited the halving event as a fundamental catalyst, emphasizing that the reduction in new Bitcoin supply historically sparks large price run-ups.
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He also highlighted the changing political environment in the United States, with an incoming administration that has demonstrated openness to Bitcoinโs potential. According to Lee, โIf the US begins to accumulate Bitcoin as part of its strategic reserve, it could lend further legitimacy to the cryptocurrency and boost its price.โ He also pointed to the example of MicroStrategy and other companies accumulating Bitcoin on their balance sheets, stating that if more firms follow suit, demand would likely escalate further.
#2 VanEckโs Matthew Sigel: $180,000
Matthew Sigel, Head of Digital Assets Research at VanEck, anticipates a $180,000 Bitcoin price in 2025โprovided that certain โcycle top indicatorsโ remain tame. In a conversation with podcast host Natalie Brunell, Sigel detailed Bitcoinโs recurring four-year pattern: three years of outperformance followed by a steep correction in the fourth.
As the previous halving occurred in April 2024, Sigel predicts 2024 and 2025 could be strong years. โThat down year typically is the second year after the halving,โ Sigel explained. โThe Bitcoin halving occurred in April of this year. So 2024 [will be a] strong year, 2025 should be a strong year.โ He added that if Bitcoin repeats even half of its smallest trough-to-peak appreciation (2,000%) from past cycles, it could climb from $18,000 to $180,000 by the current cycleโs peak.
#3 Robert Kiyosaki: $350,000
Best-selling author of โRich Dad Poor Dad,โ Robert Kiyosaki, projects Bitcoin could hit $350,000 by 2025. Kiyosaki has long advocated for Bitcoin as a hedge against traditional financial uncertainties and continues to encourage long-term investment in the digital asset.
#4 Bernstein: $200,000
Investment research firm Bernstein published a 160-page โBlack Bookโ on October 22, forecasting that Bitcoin could climb to $200,000 by the end of 2025. The report asserts that a โnew institutional eraโ is underway, propelled by AI integration, developments in Bitcoin and stablecoin exchange-traded funds (ETFs), and pro-crypto regulatory steps. Bernstein suggests these combined forces could accelerate institutional adoption and further drive Bitcoinโs price upward.
#5 H.C. Wainwright & Co.: $225,000
In an investor note earlier this year, H.C. Wainwright & Co. revised its 2025 Bitcoin price target from $145,000 to $225,000, citing a mix of historical trends, macroeconomic signals, and evolving institutional sentiment.
โWe estimate BTC will reach a cycle high of $225,000 by YE2025,โ wrote analysts at the investment bank, established in 1868. They underscored the potential impact of spot Bitcoin ETFs gaining traction, adding that โaccelerating institutional investor and corporate adoptionโ would likely bolster Bitcoinโs market cap. Another factor is the possibility of a more favorable regulatory climate under a new US administration.
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While their base-case forecast projects Bitcoin achieving a roughly $4.5 trillion market capโabout 25% of goldโs valuationโthe note hints at even higher price potential if the US government under Donald Trump were to adopt BTC as a strategic reserve asset.
#6 Standard Chartered: $250,000
Standard Chartered, having correctly predicted Bitcoinโs climb to $100,000 in 2024, now sees an ongoing rally that might drive the price to $200,000 or higher by the end of 2025โpotentially even $250,000 if certain conditions are met.
According to Geoff Kendrick, the global head of digital assets research, โWe would turn even more bullish if BTC saw more rapid uptake by US retirement funds, global sovereign wealth funds (SWFs), or a potential US strategic reserve fund.โ Kendrick notes that a key spur for institutional demand could be the pro-Bitcoin stance of the Trump administration, which campaigned on promises that include a possible national Bitcoin stockpile.
He also underscored the significance of growing options trading for Bitcoin ETFs, particularly in drawing in โlong-onlyโ investors, such as pension funds and retirement accounts. If even 1% of the massive $40 trillion US retirement market flows into Bitcoin, Kendrick suggests the impact on price could be profound.
#7 Bitfinex: $200,000
Crypto exchange Bitfinex published a report on December 10 positing that Bitcoinโs price may approach $200,000 by mid-2025. The analysis states that the minimum mid-year price in the current cycle could be around $145,000, with a bullish scenario pushing it to $200,000.
Bitfinex researchers draw parallels to the 2021 cycle, when Bitcoin rallied some 40% above its moving averages, pointing to the possibility of even higher peaks. However, they note โthe trend of diminishing returns observed in recent cycles,โ suggesting a more moderate surge to the $160,000โ$200,000 range by mid-2025.
#8 Peter Brandt: $125,000โ$150,000
Veteran trader Peter Brandt forecasts Bitcoinโs next major bull market high could materialize around late August or early September 2025, potentially in the $125,000โ$150,000 range. In a June market commentary, Brandt underscored the role of halving dates in synchronizing with past bull runs, stating that โthe number of weeks from the start of each bull market cycle (the low following a 75%-plus decline) to the Halving dates has been almost equal to the number of weeks from the Halving dates to the subsequent bull market highs.โ
Brandt also pointed to an โinverted parabolic curveโ across multiple bull markets. Should this pattern continue, Bitcoinโs peak during the current cycle might align closely with the $130,000โ$150,000 zone.
At press time, BTC traded at $93,061.
Featured image created with DALL.E, chart from TradingView.com
