Bitcoin Bulls Target 2025 Prices Up To 1.5 Million

Bitcoin’s most ardent supporters are amplifying their bullish sentiments and raising their price targets. The projections for 2025 range from $130,000 to an astonishing $1.5 million, marking some of the most aggressive forecasts since the current bull run began.

Cathie Wood, the CEO of ARK Invest, is at the forefront of this optimism. She has reaffirmed her long-term prediction that Bitcoin will reach $1.5 million by 2030. This forecast implies a 58% compound annual growth rate over the next five years, a target she remains confident about.

Wood’s bullish stance on Bitcoin is not new. She has a history of backing high-potential investments, such as Tesla, before they became mainstream. She believes that the next significant rise in Bitcoin’s value will be driven by increasing institutional demand and the growth of a blockchain economy fueled by stablecoins. In a recent video, she described Bitcoin as “a financial revolution in real time.”

ARK Invest continues to accumulate Bitcoin and maintains exposure across multiple exchange-traded funds (ETFs). Wood and her team view Bitcoin as a global monetary alternative and are positioning for a future where it becomes the dominant asset class.

Other prominent figures in the financial world share Wood’s optimism but with slightly different targets. Standard Chartered’s Geoff Kendrick and Bitwise’s André Dragosch both predict that Bitcoin will reach $200,000 by the end of 2025. They cite stablecoin regulation and the return of billions in crypto wealth post-FTX as key drivers for this growth.

Anthony Scaramucci, the founder of SkyBridge, also aligns with this $200,000 target, describing it as “completely realistic” in a recent interview.

Mike Novogratz, CEO of Galaxy Digital, has a more moderate prediction, forecasting that Bitcoin will reach between $130,000 and $150,000. He attributes this growth to institutional flows and a weakening dollar. Arthur Hayes, a former BitMEX CEO, suggests that Bitcoin could surge to $250,000 if the Federal Reserve resumes quantitative easing before the end of the year.

These bullish predictions come at a time when Bitcoin recently touched $111,970. If the momentum continues and the bulls are correct, the next ceiling for Bitcoin could be broken sooner than many anticipate.