Bitget Predicts Bitcoin to Reach $160,000 by 2025 End

Bitget, a leading cryptocurrency exchange, has projected that Bitcoin could reach $160,000 by the end of 2025. This prediction comes amidst a period of sluggish recovery and volatile price movements, particularly below the $99,000 mark. Ryan Lee, Chief Analyst at Bitget Research, noted that the market is currently experiencing investor caution, which is evident in Bitcoin's inability to stabilize immediately after dipping below this threshold.

Lee attributed this hesitancy to Bitcoin's evolving role as a macro hedge asset. While its potential as a safe-haven asset is clear, the tempered risk appetite in the market is delaying a more robust recovery. Despite this short-term volatility, Lee maintains a bullish outlook on Bitcoin. He forecasts that the cryptocurrency could reach between $110,000 and $115,000 in the third quarter of 2025, with a potential rally toward the $130,000–$160,000 range by the end of the year. This optimistic outlook is supported by sustained institutional demand and broader adoption trends, which continue to bolster the market.

In addition to Bitcoin, Lee provided insights into Ethereum's price movements. He expects Ethereum to trade within the $2,600–$2,800 range in the near term, with longer-term upside targets of $5,500. This forecast is based on Ethereum's role in network utility and the anticipated tailwinds from future ETFs. Lee's outlook suggests confidence in a strong second-half recovery for the top cryptocurrency assets, despite the current short-term caution in the market.