Bitcoin To Explode To $210,000 This Year, Says Quant Powerhouse Presto

In a live interview on CNBC’s Squawk Box on Monday, Peter Chung, Head of Research at quantitative trading firm Presto, reaffirmed his conviction that Bitcoin can reach $210,000 before the end of 2025, arguing that the asset is evolving into a macro-level refuge during moments of stress in the global financial system. Bitcoin Set To Go Parabolic “We have not changed our market outlook,” he began in the opening seconds of the interview. “Bitcoin target price remains $210,000, driven by institutional adoption and the global liquidity expansion. ” He emphasized that the same framework underpins Presto’s valuation of Ether, adding: “For ETH our target price was based on the ETH-to-BTC ratio, which was 0 source: https://www.newsbtc.com/bitcoin-news/bitcoin-210000-in-2025-presto/