Analysts from banks, hedge funds and research firms analyze historical cycles, macro indicators and regulatory changes in order to design how high can bitcoin climb in 2025. Bitcoin predictions for 2025 range from $125,000 to $350,000.

Bitcoin price predictions for 2025

Fund #1: $250,000

Tom Lee, co-founder of Fundstrat, bets that Bitcoin could reach $250,000 in the next 12 months. In an interview on November 29, Lee cited the halving as an indispensable catalyst, emphasizing that a reduction in the supply of recent Bitcoins has resulted in huge price increases in the past.

He also highlighted the changing political environment in the United States, with the incoming administration showing openness to Bitcoin’s potential. According to Lee, “If the United States begins to accumulate Bitcoin as part of its strategic reserve, it could give the cryptocurrency further legitimacy and increase its price.” He also cited the example of MicroStrategy and other companies accumulating Bitcoin on their balance sheets, stating that if more companies follow suit, demand will likely boost.

#2 Matthew Sigel of VanEck: $180,000

Matthew Sigel, director of digital asset research at VanEck, predicts that Bitcoin’s price will hit $180,000 in 2025 – provided certain “top-cycle indicators” remain unchanged. In an interview with podcast host Natalie Brunell, Sigel detailed Bitcoin’s recurring four-year pattern: three years of outperformance followed by a edged correction in the fourth year.

Since the previous halving occurred in April 2024, Sigel predicts that 2024 and 2025 could be good years. “This year of decline usually occurs in the second year after the halving,” Sigel explained. “Bitcoin halfving took place in April this year. So 2024 [will be a] strong year, 2025 should be a strong year.” He added that if Bitcoin repeats even half of its smallest trough-to-peak appreciation (2,000%) from previous cycles, it could rise from $18,000 to $180,000 at the peak of the current cycle.

#3 Robert Kiyosaki: $350,000

The author of the bestseller “Rich Dad Poor Dad”, Robert Kiyosaki, predicts that Bitcoin could reach $350,000 by 2025. Kiyosaki has long advocated for Bitcoin as a hedge against established financial uncertainty and continues to encourage long-term investment in the digital asset.

#4 Bernstein: $200,000

Investment research firm Bernstein published a 160-page “Black Book” on October 22, predicting that Bitcoin could soar to $200,000 by the end of 2025. The report states that a “new institutional era” is emerging, driven by the integration of artificial intelligence, the development of Bitcoin and stablecoin exchange-traded funds (ETFs), and regulatory steps for cryptocurrencies. Bernstein suggests that these combined forces could accelerate institutional adoption and drive Bitcoin’s price even higher.

#5 HC Wainwright & Co.: $225,000

In a note to investors earlier this year, HC Wainwright & Co. revised its 2025 Bitcoin price target from $145,000 to $225,000, citing a combination of historical trends, macroeconomic signals and changing institutional sentiment.

“We estimate that BTC will reach a cycle high of $225,000 by YE2025,” wrote analysts at the investment bank founded in 1868. They highlighted the potential impact of the rise in popularity of spot Bitcoin ETFs, adding that “accelerating adoption by institutional investors and enterprises” is likely to strengthen Bitcoin’s market capitalization. Another factor is the possibility of a more favorable regulatory climate under the recent US administration.

While their base forecast projects Bitcoin to reach a market capitalization of roughly $4.5 trillion – about 25% of gold’s valuation – the note points to even higher price potential should the U.S. government under Donald Trump adopt BTC as a strategic reserve asset.

#6 Standard Chartered: $250,000

Standard Chartered, correctly predicting Bitcoin’s price to rise to $100,000 in 2024, is now seeing continued growth that could push the price to $200,000 or more by the end of 2025 – potentially as high as $250,000 if certain conditions are met.

According to Geoff Kendrick, global head of digital asset research, “We would become even more bullish if BTC saw faster uptake by U.S. pension funds, global sovereign wealth funds (SWFs) or a potential U.S. Strategic Reserve Fund.” Kendrick notes that a key driver for institutional demand could be the pro-Bitcoin stance of the Trump administration, which campaigned on promises including a possible national supply of Bitcoin.

He also stressed the importance of growing options trading for Bitcoin ETFs, particularly for attracting “long-only” investors such as pension funds and retirement accounts. If even 1% of the massive $40 trillion U.S. retirement market goes to Bitcoin, Kendrick suggests the price impact could be huge.

#7 Bitfinex: $200,000

Cryptocurrency exchange Bitfinex published a report on December 10 stating that Bitcoin’s price could approach $200,000 by mid-2025. The analysis shows that the minimum average annual price in the current cycle could be around $145,000, with a growth scenario of $200,000.

Bitfinex researchers are making comparisons to the 2021 cycle, when Bitcoin rose about 40% above its moving averages, pointing to the possibility of even higher highs. However, they note “the trend of declining returns seen in recent cycles,” which suggests a more moderate boost to the $160,000-$200,000 range by mid-2025.

#8 Peter Brandt: $125,000-$150,000

Experienced trader Peter Brandt predicts that the next gigantic Bitcoin bull market peak could occur in overdue August or early September 2025, potentially in the $125,000-150,000 range. In a June market commentary, Brandt highlighted the role of halving dates in synchronizing with previous bull runs, stating that “the number of weeks from the beginning of each bull cycle (the bottom after a drop of over 75%) to the halving dates was almost equal to the number of weeks from the halving dates to the subsequent bull market peaks.

Brandt also pointed to the “inverted parabolic curve” in many bull markets. If this trend continues, Bitcoin’s current cycle high could closely coincide with the $130,000-$150,000 zone.

At the time of publication, the price of BTC was $93,061.

Featured image created with DALL.E, chart from TradingView.com