Biyond Global analyst: Bitcoin may reach $150,000 in 2025
According to ChainCatcher, Nathan Batchelor, an analyst at Biyond Global, predicts that although Bitcoin prices may fluctuate in the short term, the outlook for the Bitcoin market in 2025 is bullish, and the price is expected to reach $150,000 in the first half of the year. However, if the new Trump administration fails to launch the "Strategic Bitcoin Reserve" at the expected speed, a pullback may occur in the first quarter of 2025.
The main growth drivers include regulatory progress and a surge in corporate demand. Regulatory barriers in major markets such as the United States have been gradually removed, attracting hedge funds, large companies and family offices with a strong interest in Bitcoin. In addition, quantitative models show that if the price of Bitcoin remains above $100,000, it will continue to drive bullish sentiment in the market.
In terms of technical indicators, the DeMark TD Sequential indicator shows that Bitcoin is in a bullish phase at the weekly level, with a target price of $119,000. If the weekly closing price breaks through $107,000, it may further accelerate the rise. However, if the price falls below $99,000, it may trigger a new round of decline.
The weak dollar also provides support for Bitcoin, including factors such as capital inflows into the U.S. economy and optimism about Trump's "America First" policy. Despite the potential risk of a pullback, analysts believe that the long-term value investment range of Bitcoin is between $82,000 and $85,000, and the overall market sentiment remains positive.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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