As we approach 2025, the big question on everyone’s mind is: Where will Bitcoin go next? With the market showing signs of massive potential, many wonder if the cryptocurrency could skyrocket to new heights. Renowned analyst Michaël van de Poppe is one of the most outspoken voices, predicting that Bitcoin could soar to $250,000 in 2025.
But what’s behind this bold prediction, and how likely is it to happen?
Let’s dive into the key reasons why Bitcoin could be on the verge of a major breakthrough.
2024 has been an exciting year for Bitcoin. It began with the approval of a Bitcoin ETF, which brought in over $30 billion in inflows, helping the cryptocurrency gain even more attention. Bitcoin’s growing recognition as a legitimate asset continued to grow as countries like Brazil and large companies, such as Amazon, started considering Bitcoin for their balance sheets.
By March 2024, Bitcoin had reached $70,000, and after some ups and downs, it peaked at $108,000. These milestones show how Bitcoin is becoming more mainstream and recognized in the global economy.
Looking ahead, Van de Poppe believes that 2025 could be a huge year for Bitcoin, with prices possibly reaching between $200,000 and $300,000. This forecast is based on Bitcoin’s past price patterns: sharp rises during bull markets and drops during bear markets. As Bitcoin nears $100,000, more investors are likely to jump in, hoping to profit from its potential gains.
The Impact of Global Money Supply
A key factor in van de Poppe’s prediction is the global money supply. As more money is printed around the world, he expects Bitcoin’s price to rise in line with this increase, potentially hitting $132,000 or even more in 2025. This would make Bitcoin an attractive hedge against inflation and a valuable asset for investors looking to protect their wealth.
The global economic environment will also have a major impact on Bitcoin’s future. If the U.S. dollar weakens or interest rates are reduced, Bitcoin could experience a significant rally. In previous cycles, we’ve seen that when global liquidity increases, Bitcoin’s price rises sharply.
With the global money supply expected to grow by around 18% in 2025, a new bull market could be on the horizon for Bitcoin.
Despite the optimism for 2025, van de Poppe warns that the road ahead may not be entirely smooth. He expects a 25-30% correction in Bitcoin’s price during the first quarter of 2025, similar to the correction we saw in 2024. After that, Bitcoin could experience a period of sideways movement, much like what we saw in 2023.
Right now, Bitcoin is trading around $96,000, reflecting a slight 1% drop in the past 24 hours. However, with the potential for significant growth in the future, Bitcoin’s path forward could be a wild ride for investors.
As per Coinpedia’s BTC price prediction, 1 BTC could peak at $169,046.
In 2030, the price of 1 Bitcoin could reach a height of $610,646.
At the time of writing, 1 Bitcoin value was $96,136.54.
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