Judging by the recent performance of Bitcoin (BTC), the rally is over, along with the year. However, many analysts believe it is too early to stop.
After a year of lows ($39,507.37 on January 22) and highs ($103,679 on December 5), BTC closed 2024 at $98,676.10, an increase of 133.4% for the year.
Although the market has largely stabilized, some predict that the price of Bitcoin will reach $1 million in 2025. Others have estimated between $180,000 and $200,000. Factors such as the approval of Bitcoin ETFs and the possibility of strategic Bitcoin reserves in the US and other countries are driving sentiment higher.
Let’s reveal some of the leading BTC price predictions for 2025 and which altcoins are likely to offer more upside.
Will Bitcoin be worth $180,000, $250,000, or $500,000? Make your bet
Fund manager VanEck, a leading BTC exchange-traded fund (ETF) issuer, expects BTC to cost around $180,000 at the peak of the cycle. This is a 93% increase from the current level of $93,000.
VanEck explains these signs that a market peak is approaching:
- High Funding Rates: Long periods (more than 3 months) of BTC perpetual funding rates exceeding 10% indicate excessive speculation.
- Unrealized Gains: A high and stable percentage of USD BTC holders with significant gains in securities (P/C ratio > 70%) indicates market euphoria.
- $BTC Dominance Declines: BTC’s market share falling below 40% is classic late-cycle behavior.
- Speculative Mania: A spike in inquiries about questionable cryptocurrency projects from non-crypto friends is a reliable indicator of speculative mania.
International banking group Standard Chartered is eyeing an ambitious target of $200,000 for Bitcoin. Previously, the group predicted that Bitcoin would reach $125,000 by the end of 2024 if Trump wins.
Tom Lee of Fundstrat Global Advisors sets the upper limit slightly at $250,000.
Judging by the recent performance of Bitcoin (BTC), the rally is over, along with the year. However, many analysts believe it is too early to stop.
After a year of lows ($39,507.37 on January 22) and highs ($103,679 on December 5), BTC closed 2024 at $98,676.10, an increase of 133.4% for the year.
Although the market has largely stabilized, some predict that the price of Bitcoin will reach $1 million in 2025. Others have estimated between $180,000 and $200,000. Factors such as the approval of Bitcoin ETFs and the possibility of strategic Bitcoin reserves in the US and other countries are driving sentiment higher.
Let’s reveal some of the leading BTC price predictions for 2025 and which altcoins are likely to offer more upside.
Will Bitcoin be worth $180,000, $250,000, or $500,000? Make your bet
Fund manager VanEck, a leading BTC exchange-traded fund (ETF) issuer, expects BTC to cost around $180,000 at the peak of the cycle. This is a 93% increase from the current level of $93,000.
VanEck explains these signs that a market peak is approaching:
- High Funding Rates: Long periods (more than 3 months) of BTC perpetual funding rates exceeding 10% indicate excessive speculation.
- Unrealized Gains: A high and stable percentage of USD BTC holders with significant gains in securities (P/C ratio > 70%) indicates market euphoria.
- $BTC Dominance Declines: BTC’s market share falling below 40% is classic late-cycle behavior.
- Speculative Mania: A spike in inquiries about questionable cryptocurrency projects from non-crypto friends is a reliable indicator of speculative mania.
International banking group Standard Chartered is eyeing an ambitious target of $200,000 for Bitcoin. Previously, the group predicted that Bitcoin would reach $125,000 by the end of 2024 if Trump wins.
Tom Lee of Fundstrat Global Advisors sets the upper limit at $250,000. Venture capitalist Chamath Palihapitiya believes the price of BTC could reach $500,000, while reputable financial services giant Charles Schwab claims it could reach $1 million if the US creates a strategic reserve of Bitcoin.
No one can say for sure, and the boldest prediction is not necessarily the least plausible. Regulation, institutional adoption, and broader market sentiment will play a role.
From a technical analysis perspective, the price of BTC is on an upward trend in the short and long term. The Relative Strength Index (RSI) indicates that the BTC/USD price is far from the overbought zone, and the Moving Average Convergence Divergence (ADX) indicates a strong uptrend.
Get ready early for Altcoin season
In comparison, the Bitcoin dominance chart shows that altcoin season has not yet begun.
However, many meme currencies such as $FARTCOIN, $PENGU, and $PNUT have brought their holders 10x returns.
The trick is to make gains in altcoins early. That’s why investors are turning their attention to two promising coins that are up for pre-sale: Wall Street Call ($WEPE) and Solaxy ($SOLX).
$WEPE derives its cultural appeal from its longer-legged companions, $PEPE and $PEPU. On a mission to provide retailers with the knowledge needed to crush this uptrend and competing insider whale groups, $WEPE has already raised over $38 million.
$SOLX is another coin inspired by Pepe the Frog, but it is the utility it offers that has helped it reach $7 million in pre-sale. Solaxy aims to speed up transaction processing on Solana by offloading meme trades to its layer 2 chain.
There is still time to join these prequels and get to the winning side in 2025. The safest and easiest way to do this is to use Best wallet. Its pre-sale aggregator provides quick entry into new coin projects directly through the mobile app.
Moreover, $Best token Holders get early access to newly launched pre-sales and lower trading fees. Best Wallet has raised $6 million in funding to date, a large portion of which will go toward wallet upgrades to improve the user experience.
Concluding remarks
BTC price forecasts in dollars vary widely. The one thing analysts agree on is that $BTC’s trajectory is bullish, and altcoins will follow in its footsteps – including new cryptocurrencies like $WEPE and $SOLX.
But even in favorable market conditions, cryptocurrencies remain very volatile. Always remember to do your research and diversify your investment portfolio as much as possible to offset potential losses. This is the best way to emerge from this cycle victorious.
Venture capitalist Chamath Palihapitiya believes that the price of Bitcoin could reach $500,000, and financial services giant Charles Schwab is more confident, predicting that Bitcoin could reach $1 million if the United States creates a strategic reserve of Bitcoin.
No one can say for sure, and the boldest prediction is not necessarily the least plausible. Regulation, institutional adoption, and broader market sentiment will play their role.
From a technical analysis perspective, the price of BTC is on an upward trend in the short and long term. The Relative Strength Index (RSI) indicates that the BTC/USD price is far from the overbought zone, and the Moving Average Convergence Divergence (ADX) indicates a strong uptrend.
Get ready early for Altcoin season
In comparison, the Bitcoin dominance chart shows that altcoin season has not yet begun.
However, many meme currencies such as $FARTCOIN, $PENGU, and $PNUT have brought their holders 10x returns.
The trick is to make gains in altcoins early. That’s why investors are turning their attention to two promising coins that are up for pre-sale: Wall Street Call ($WEPE) and Solaxy ($SOLX).
$WEPE derives its cultural appeal from its longer-legged companions, $PEPE and $PEPU. On a mission to provide retailers with the knowledge needed to crush this uptrend and competing insider whale groups, $WEPE has already raised over $38 million.
$SOLX is another coin inspired by Pepe the Frog, but it is the utility it offers that has helped it reach $7 million in pre-sale. Solaxy aims to speed up transaction processing on Solana by offloading meme trades to its layer 2 chain.
There is still time to join these prequels and get to the winning side in 2025. The safest and easiest way to do this is to use Best wallet. Its pre-sale aggregator provides quick entry into new coin projects directly through the mobile app.
Moreover, $Best token Holders get early access to newly launched previews and lower trading fees. Best Wallet has raised $6 million in funding to date, a large portion of which will go toward wallet upgrades to improve the user experience.
Concluding remarks
BTC price forecasts in dollars vary widely. The one thing analysts agree on is that $BTC’s trajectory is bullish, and altcoins will follow in its footsteps – including new cryptocurrencies like $WEPE and $SOLX.
But even in favorable market conditions, cryptocurrencies remain very volatile. Always remember to do your research and diversify your investment portfolio as much as possible to offset potential losses. This is the best way to emerge from this cycle victorious.
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