Bitcoin Bull Market Persisting; Bitfinex Predicts $200,000 Price by 2025
Bitfinex has predicted a strong upward trajectory for Bitcoin's (BTC) price in 2025, with many market participants and crypto enthusiasts eagerly anticipating the next rally. The expectation is driven by macroeconomic factors and a growing institutional demand. Many believe that favorable U.S. regulations will be a significant catalyst for the price surge.
In a recent report, Bitfinex forecasts that Bitcoin could reach as high as $200,000 by 2025. The exchange emphasizes the role of institutional demand, which has been a key factor in Bitcoin's price movement. This year, institutional investments reached new heights, particularly with the approval of spot Bitcoin ETFs, which have already attracted over $37 billion, with more to come in 2025.
The report highlights that indicators such as Market Value to Realized Value (MVRV) and Net Unrealized Profit/Loss (NUPL) suggest that the bull market is ongoing, though major peaks may not come in the immediate future. However, prices are expected to rise steadily, with projections ranging from $150,000 to $200,000 by the end of next year.
Bitfinex also notes that Bitcoin’s price typically rises following a halving event, which is expected to drive the market next year. Additionally, inflationary pressures may prompt more users to view Bitcoin as a store of value. Finally, positive regulatory changes in the U.S. could further boost institutional investments, potentially propelling BTC to new all-time highs. The recent price surge to over $107K, despite some volatility, and the significant accumulation by whales indicate confidence in Bitcoin's long-term prospects.
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