Crypto Expert Forecasts Bitcoin Surge to $150K by 2025 Amid Economic Shifts
December 31, 2024Van de Poppe shares his insights with a substantial following of 169,000 YouTube subscribers, emphasizing an extended bullish cycle for Bitcoin in the upcoming months.
He suggests that an increase in the U.S. money supply next year will help sustain Bitcoin's upward momentum.
In a broader context, other experts, including Bitwise, predict Bitcoin could hit $200,000 by 2025, with some suggesting it could rise to $500,000 if the U.S. establishes a strategic Bitcoin reserve.
This optimistic forecast is grounded in Bitcoin's strong performance throughout 2024, where it surpassed $100,000 and peaked at $73,000 following the approval of spot Bitcoin ETFs in January.
He expects Bitcoin to stabilize around the $150,000 mark after this correction, indicating a volatile but ultimately upward trajectory.
Currently, Bitcoin is trading at approximately $94,171.15, having experienced a slight decrease of 1.25% in the last 24 hours.
However, the spot Bitcoin ETF market has seen significant outflows, totaling $415.1 million as of December 30, 2024, with major withdrawals from Fidelity's FBTC and Grayscale's GBTC.
Looking ahead, van de Poppe anticipates another expansion phase for Bitcoin starting in 2026, following a bull market expected to last several months.
Renowned crypto analyst Michaël van de Poppe predicts that Bitcoin (BTC) could reach $150,000 by 2025, representing a potential 60% increase from current prices.
Van de Poppe attributes this anticipated growth to macroeconomic factors, including an expanding global money supply and a weakening U.S. economy, which may lead to a recession in 2025.
Despite the bullish outlook, he warns of a possible 30% market correction by the end of the first quarter of 2025, similar to corrections observed in 2023.
In related news, the Meme Index ($MEMEX) presale has raised $1.39 million towards its $1.94 million target, offering a governance-driven ecosystem for meme coin investments.
Summary based on 3 sources
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Sources
Cryptonews • Jan 1, 2025
Crypto Analyst Forecasts Bitcoin to Surge 60% to $150K by 2025The Daily Hodl • Dec 31, 2024
$150,000 Bitcoin Incoming in 2025, According to Crypto Analyst Michaël van de Poppe – Here’s WhyBloomingbit • Dec 31, 2024
[Analysis] "Bitcoin (BTC) Could Surpass $150,000 Next Year... Macroeconomic Factors Are Key"