Bitfinex: Bitcoin could reach $200,000 by mid-2025 and will maintain a mild correction trend

In its latest market report, Bitfinex analysts said that Bitcoin's decline in 2025 will be short-lived due to strong institutional demand, predicting that the best case scenario is that the price of Bitcoin will double by June 2025, with a minimum price estimate of "reaching $145,000 by mid-2025, and possibly rising to $200,000 under favorable conditions." "We believe that any correction in 2025 will remain mild due to institutional inflows," the analysts said. They noted that while Bitcoin is expected to fluctuate in the first quarter of 2025, "broader trends" suggest that its price will continue to rise, thanks to continued inflows into spot Bitcoin ETFs and increased global and institutional adoption. Farside Investors data shows that about $36 billion has flowed into U.S. spot Bitcoin ETFs since their launch in January. "BTC ETFs are one of the largest groups of Bitcoin holders, holding more than 1.13 million BTC," the analysts added.