Bitcoin Surges 10% in Week, Analyst Predicts 112% Gain by Year-End

Cryptocurrency markets are abuzz with excitement as noted trader and analyst Michaël van de Poppe projects a dramatic surge for Bitcoin. Following a recent high, van de Poppe forecasts that the leading digital currency could see a substantial price increase, predicting a potential 112% rise by year-end. In his recent commentary on social media, van de Poppe envisions Bitcoin soaring to $125,000 by mid-year and crossing the $150,000 mark by late September. His long-term outlook is even more bullish, with a price target of $250,000 set for the fourth quarter of 2025. Despite these encouraging projections, the journey may not be swift. Van de Poppe highlights that immediate gains might not be in the cards, stating, “We will likely pause for a while, then continue.” Currently, Bitcoin’s momentum has brought it to a value of $117,915, marking a 10% increase over the past week.

Van de Poppe also casts a positive light on Ethereum, the second-most significant digital currency by market cap. With prices now at $2,980, Ethereum has increased by 20% over the past week but is still some distance from previous peaks. “We saw a steep upward candle. Now, some patience, then we’re headed towards all-time highs,” van de Poppe commented. The conversation extends to altcoins as well. According to the analyst, they could be nearing a reversal in their downward trend against Bitcoin. Weekly chart indicators display a positive divergence, often a harbinger of change or recovery in the market.

Bitcoin has recently achieved a series of remarkable milestones, setting new all-time highs and attracting significant attention from investors and analysts alike. The cryptocurrency's price has surged past $118,000, marking a substantial increase from its previous record. This surge has been driven by a combination of factors, including institutional demand, favorable regulatory developments, and the growing acceptance of Bitcoin as a store of value and strategic asset. The price momentum of Bitcoin has been particularly noteworthy, with analysts predicting a 14% rally by the end of the year. This optimism is fueled by the cryptocurrency's recent performance, which has seen it hover around $117,000. The technical analysis suggests that Bitcoin has more room to grow, with some analysts predicting that the top crypto has further potential for gains.

Investors are increasingly bullish on Bitcoin, anticipating that the cryptocurrency will continue to break out of its consolidation phase and reach new records in the second half of the year. This sentiment is supported by the fact that over 80% of all trading days have been profitable, indicating that the current price is higher than it was on most previous days. This trend has contributed to the overall positive outlook for Bitcoin, with investors expecting significant gains in the near future. The recent price surge has also been accompanied by a shift in regulatory attitudes towards cryptocurrencies. In the United States, lawmakers are preparing for major regulatory reforms, which are expected to provide a more favorable environment for Bitcoin and other digital assets. This regulatory clarity has further boosted investor confidence, leading to increased demand and higher prices.

The surge in Bitcoin's price has also had a significant impact on the broader financial landscape. BlackRock’s iShares Bitcoin Trust (IBIT) has broken its ETF records by surpassing $80 billion in assets under management, doing so in just 374 days. This rapid growth underscores the accelerating shift towards viewing Bitcoin as a strategic asset, with IBIT now holding over 706,000 BTC and sitting at $83 billion in assets under management. The growing strength of Bitcoin as a global monetary unit is further evidenced by its performance against traditional fiat currencies. According to a new report, Bitcoin is the top-performing currency of 2025, beating out 19 fiat currencies with an 18.2% gain versus the US dollar year-to-date. This puts Bitcoin ahead of traditional strong performers like the Swedish krona, Swiss franc, and Euro, highlighting its growing strength not just as a digital asset, but as a global monetary unit.

The recent price surge has also led to a significant increase in Bitcoin's market capitalization, surpassing Amazon to become the 5th largest asset by market capitalization. With a total market cap of $2.36 trillion and a price of $118,820, Bitcoin now ranks just behind tech giants like Apple, Microsoft, and NVIDIA. This milestone underscores the growing importance of Bitcoin in the global financial landscape and its potential to continue to challenge traditional assets. In conclusion, Bitcoin's recent price surge and record-breaking performance have solidified its position as a leading digital asset and strategic investment. With favorable regulatory developments, institutional demand, and growing acceptance, Bitcoin is poised to continue its upward trajectory and challenge traditional assets in the global financial landscape.