Can BTC Rally to $150K by Mid-Year?
Bitcoin (BTC) reached a new high of $107,700 in the second week of December. The current rally creates a bullish tone for early 2025. The Fear and Greed Index has reached 87, indicating strong investor interest. The global cryptocurrency market value is US$3.72 trillion, an increase of 1%, and transaction volume increased by 34% to US$211 billion. Bitcoin’s market value has exceeded US$2.11 trillion, its transaction volume has reached US$83 billion, and its dominance has remained at 56.46%.
President Donald Trump’s plan to turn the United States into a Bitcoin powerhouse is driving excitement in the industry. If Trump’s proposal for a strategic Bitcoin reserve is approved in January, Bitcoin prices could jump to new highs.
This year’s rally has already been fueled by the approval of a spot Bitcoin ETF, and now all eyes are on how Bitcoin will fare in 2025.
With new tax policies, regulations and a Bitcoin reserve plan, how high can Bitcoin go in 2025?
Bitcoin Price Prediction 2025
Mark Yusko, CEO, Morgan Creek Capital shared He looked ahead to the future of Bitcoin in a recent Thinking Crypto Tony Edwards podcast. He predicted that Bitcoin, which currently has a fair value of $100,000, will trigger a parabolic surge that could take its price to $120,000 to $150,000 by mid-2025. Yusko remains confident in Bitcoin’s four-year cycle, which he believes will peak in the first half of 2025.
However, some analysts warn that a “double-bubble replacement season” could lead to a sharp correction, similar to the 2017-2018 cycle. Many altcoins soared 100x in January 2018, only to plummet 95% within a year.
He backed up his stance on events this year, noting how the approval of a spot ETF in January pushed Bitcoin to $74,000 in February, followed by some minor adjustments immediately following the approval. This is when many people take advantage of the dip to buy, and Bitcoin also makes lower highs and lows in the futures market due to distribution patterns.
cryptocurrency analyst Tommy Mustache and Tim Peterson Bitcoin’s price range is expected to reach $105,000 to $112,000 by early 2025, with Peterson relying on his Metcalfe’s Law model for his predictions. However, if all goes well in the first quarter, the all-time high is expected to climb to around $150,000 to $160,000 by mid-2025, with Fibonacci and Elliott Wave analysis suggesting a potential peak slightly higher.
By April or May 2025, Bitcoin’s fair value is expected to stall near $100,000 due to declining leverage and increased investor activity. Analysts predict a parabolic surge to $150,000 before a correction occurs, which could lead to a crash to $75,000.
That being said, the likely correction won’t be as dramatic as in previous cycles, which saw declines as low as 50% below fair value, but this time it’s a calculated risk. These forecasts are based on historical patterns of short-term corrections resulting from new ATH.
