Bitcoin Bulls Predict 2025 Price Range From $130,000 to $1 Million

Bitcoin bulls have updated their price forecasts for 2025, with predictions ranging from a conservative $130,000 to ambitious seven-figure targets. These forecasts come amidst a year marked by record-breaking rallies and renewed institutional interest in the world’s largest cryptocurrency. Bitcoin reached a new all-time high of $111,970 on May 22 and has since maintained levels near this peak, enticing investors with the prospect of a new ceiling.

Adam Back, CEO of Blockstream, predicted that Bitcoin could surpass $1 million if the US establishes a Strategic Bitcoin Reserve. This prediction is contingent on the US following through with plans to treat Bitcoin as a digital gold-style reserve asset, using coins seized from criminal cases. The Bitcoin Reserve Act, though not yet codified into law by Congress, has seen initial support from states like New Hampshire and Texas, which have taken steps to establish their own strategic cryptocurrency reserves. Back also cited renewed retail demand, fueled by approximately $16 billion in FTX bankruptcy repayments re-entering the market, as a potential catalyst for Bitcoin’s next big rally.

Several analysts have set $200,000 as their target for Bitcoin by the end of 2025. Geoff Kendrick, global head of digital assets at Standard Chartered, expects Bitcoin to hit $120,000 in the first half of the year, driven by the rise of stablecoins. Other analysts, including André Dragosch of Bitwise and Markus Thielen, agree with Kendrick’s year-end target of $200,000. Anthony Scaramucci, founder of SkyBridge Capital, also recently set his year-end target at $200,000, citing the growth of stablecoins as a potential catalyst for Bitcoin’s price rise.

Mike Novogratz, founder of Galaxy Digital, offered a relatively modest target ranging from $130,000 to $150,000. He cited strong institutional flows, a weaker dollar, and growing demand for digital assets as key drivers for this price range. Novogratz also noted that Bitcoin’s next price discovery range could be reached if it surpasses the $106,000-$108,000 level.

Cathie Wood, CEO and chief investment officer of ARK Invest, set her bull case forecast for Bitcoin at $1.5 million by 2030, requiring a compound annual growth rate of 58% over the next five years. Wood cited rising institutional interest as the key driver for this ambitious target. Robert Kiyosaki, author of Rich Dad Poor Dad, also predicted that Bitcoin will break $1 million by 2035, alongside gold at $30,000 and silver at $3,000 per coin. Kiyosaki’s 2025 prediction sits at $250,000 per Bitcoin.

Arthur Hayes, co-founder of BitMEX, predicted that Bitcoin could soar to $250,000 in 2025 if the US Federal Reserve resumes quantitative easing (QE). Hayes argued that Bitcoin is driven by expectations of fiat supply growth, and the Fed’s shift from quantitative tightening (QT) to easing would trigger a major rally. He noted that if his analysis of the Fed’s pivot from QT to QE is correct, Bitcoin hit a local low of $76,500 last month and is now on an ascent to $250,000 by year-end.

Despite these bullish predictions, skeptics like gold bug Peter Schiff and economist Nouriel Roubini continue to predict a catastrophic ending for Bitcoin. However, the renewed institutional uptake and record-breaking rallies suggest that Bitcoin’s price could continue to rise, potentially reaching the ambitious targets set by top bulls.