Could 2025 Be Bitcoin’s Year? Here’s What The Data Says

Key Insights

  • The crypto industry, and Bitcoin in particular, is looking bullish this year. 
  • The charts show that the price of Bitcoin has returned above $100,000 and may be ready to rise higher.
  • The rise in institutional usage from the previous year will contribute to Bitcoin’s ascent this year.
  • CNBC and VanEck analysts predict that Bitcoin will reach a peak of $150,000 to $250,000.

The crypto market is flourishing this year, and Bitcoin is at the forefront. 

This flagship cryptocurrency has now broken above the $100,000 mark once again and appears ready to stay above for good this time.

Could this year be the ultimate year for Bitcoin? If yes, how high up (or down) can Bitcoin go, according to analysts and other data sources?

How Last Year Set the Stage

Bitcoin’s journey over the last year was nothing short of impressive. The cryptocurrency rallied from below $50,000 at the start, to a high of more than $100,000.

This price increase was no accident, with several developments playing key roles in its steady jump.

For example, major players like BlackRock incorporated Bitcoin into their portfolios, with Michael Saylor and MicroStrategy raking in billions worth of Bitcoin.

MicroStrategy buying Bitcoin
Source: Saylor Tracker

According to the chart above, MicroStrategy’s Bitcoin buying spree continued even stronger into the year, and has the company’s total Bitcoin holdings at $46 billion at the time of writing.

The spot Bitcoin ETFs were also approved in the US early into the year, and injected billions of dollars into the crypto market according to Soso Value.

All of the above factors boosted liquidity for the market, and accessibility for investors.

The SEC’s recognition of Bitcoin as a commodity, rather than a security also marked a new regulatory milestone for the cryptocurrency..

Experts Weigh In On Bitcoin’s Trajectory

The new year is barely a month in, and Bitcoin is already making waves again.

One of the biggest drivers of this success has been the spot ETF market, which has allowed large-scale investors to pour billions into the market.

Interestingly, Bitcoin is increasingly becoming a normal part of investor portfolios on the company and governmental levels.

All of these factors have drawn industry experts into the loop, with several predictions from several analysts.

Some of the most interesting of these include the prediction from CNBC’s Tom Lee, who predicts that Bitcoin could go as high as $250,000.

Johnny Gabriele, head analyst of blockchain economics at The Lifted Initiative also told Nasdaq that Bitcoin could be headed towards $250,000 to $500,000.

The same opinion is held by Jason Yanowitz, co-founder of Blockworks who believes that a high of $200,000 could be incoming for Bitcoin.

This is without mentioning predictions from Michael Saylor, the Bitcoin megabull himself, about Bitcoin hitting $1 million within the next decade.

What To Expect, Going Forward

Bitcoin has been resilient so far, and managed to keep from breaking below the $95,000 zone after Wednesday’s CPI data.

Additionally, Donald Trump’s inauguration as the next president of the United States is expected to happen in a few days, and K33 Research noted in a recent report, that sellers are slowing down compared to buyers.

This shows that investors are renewing their interest in Bitcoin, especially in anticipation of Donald Trump’s tenure as US president.

Overall, as all of these factors converge, Bitcoin is poised to continue further upwards in price, to the $150,000 to $250,000 zones as highlighted by analysts this year.