Quick Facts
The Rise of Bitcoin
Growing Institutional Interest
Regulatory Environment
Altcoins
Don’t Rule Out a Wild Run
Wild Surge Predictions
Fund Inflows
Quick Facts
- Bitcoin’s upside potential seen reaching $250,000 by 2025.
The Rise of Bitcoin
The cryptocurrency market has experienced a surge in recent years, with Bitcoin (BTC) being one of the most notable beneficiaries. From its humble beginnings in 2009 to its current valuation of over $50,000 per coin, Bitcoin has come a long way.
According to Scott Melker, a crypto analyst and host of The Wolf of All Streets podcast, it’s not just possible, but “totally possible” for Bitcoin to reach $250,000 by the end of 2025.
Growing Institutional Interest and Diminishing Volatility
Melker cites two key factors that could drive the next leg up for Bitcoin: growing institutional interest and diminishing volatility. As institutional investors continue to pour money into the cryptocurrency market, the price of Bitcoin is likely to follow. Additionally, as volatility decreases, the risk associated with investing in Bitcoin also decreases, making it more attractive to institutional investors.
Shift towards Institutional Adoption
Melker notes that the shift towards institutional adoption reflects a broader trend. “The more institutional money, the more Wall Street money, the more long-term holders get involved, the less volatility there’s going to be,” he said. This trend is likely to continue, with more institutional investors seeking to get in on the action.
Regulatory Environment
The regulatory environment is also likely to play a significant role in Bitcoin’s future. Melker notes that the current US administration has been favorable towards cryptocurrency, with dropped SEC lawsuits and executive orders that support the industry. This has created an “extremely bullish” backdrop for the sector.
Altcoins
While Bitcoin remains the primary focus, Melker acknowledges a renewed interest in altcoins. Recent price action has seen Ethereum (ETH) outpace Bitcoin, triggering a rally across smaller-cap tokens. This, he says, is a sign that “new money” is entering the space rather than just rotating within it.
Don’t Rule Out a Wild Run
Despite the optimism, Melker tempers expectations, noting that most experts are forecasting cycle highs between $120,000 and $150,000. However, he emphasizes that wild surges are not out of the ordinary in crypto. “From the 2020 lows to the last bull market, Bitcoin went from $3,000 to $69,000. A 2.5x from here wouldn’t be a big deal,” he said.
Wild Surge Predictions
In fact, some experts have already predicted that Bitcoin will reach even greater heights. Apsk32, an X analytics account, has argued that Bitcoin has a “decent chance” of hitting $250,000 or more in 2025 as attention turns to gold copycat moves. Peter Chung, head of research at quantitative trading firm Presto, has also repeated his prediction that Bitcoin will reach $210,000 by the end of 2025.
Fund Inflows
Analysts from Standard Chartered and Intellectia AI have said that institutional Bitcoin demand from exchange-traded funds and traders seeking to hedge against macroeconomic risk could cause Bitcoin’s price to more than double this year. This could potentially push the price of Bitcoin past $200,000.
