Author: Ciaran Lyons, CoinTelegraph; Translated by Wuzhu, Golden Finance
Bitfinex analysts say the 2025 Bitcoin price drop will be short-lived due to strong institutional demand, and they predict that the Bitcoin price will double by June 2025.
In a Dec. 17 market note, analysts at Bitfinex said their minimum price estimate is $145,000 by mid-2025, and could reach $200,000 if conditions are favorable.”
The analysts said: “We believe any correction in 2025 will be mild due to institutional inflows.” They noted that while Bitcoin is expected to be volatile in the first quarter of 2025, broader trends suggest that there will be a surge in spot Bitcoin exchange-traded funds (ETFs). Prices will continue to grow, driven by sustained inflows and increased global and institutional adoption.
Roughly $36 billion has flowed into U.S. spot bitcoin ETFs since their launch in January, according to Farside Investors.
Analysts said: “BTC ETF is one of the largest groups of Bitcoin holders, holding more than 1.13 million Bitcoins.”
As of the time of publishing, Bitcoin is trading at $105,360. Source: CoinMarketCap
At the time of publication, Bitcoin was trading at $105,360, and Nic Carter, partner at Castle Island Ventures, said that in the long run, Bitcoin’s price could increase nearly 9 times.
“Long term, I would expect Bitcoin to catch up to the market value of gold, and the price of Bitcoin would be $900,000,” Carter said in a Dec. 17 interview with Bloomberg TV.
Bitcoin author Andy Edstrom said Dec. 16 that he has “had a hard time getting used to the fact that $1,000 is less than a 1% fluctuation in the price of Bitcoin.”
Bitfinex analysts said that if Bitcoin mirrors the 2021 cycle, rising about 40% from its moving average, it could “reach around $339,000.”
“In the unlikely event that the extended cycle from 2017 repeats with similar diminishing returns, Bitcoin could peak around $290,000 in early 2026,” they said.
Meanwhile, the possibility that the incoming Trump administration will establish a strategic reserve of Bitcoin in the United States has led the crypto industry to speculate that the market narrative could enter uncharted territory.
“If a country implements a strategic reserve of Bitcoin, you can say goodbye to your four-year cycle,” crypto analyst Tyler Durden said in a Dec. 17 article.
After Donald Trump won the election on November 5,Senator Cynthia Lummis, who supports cryptocurrency, said she would push for legislation that would require the U.S. government to buy Bitcoin and hold it for at least 20 years.
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