The meteoric surge of Bitcoin in 2024 stunned investors worldwide, but it seems to be levelling off as we approach the new year. The cryptocurrency hit a new high of $108,000 in the middle of December, but it fell 16% to $93,670 early Monday in New York. Even meme-popular cryptocurrencies like Ether and Dogecoin have failed to gain traction.
Bitcoin’s Rise Trump’s Crypto Policies
BTC rose after the US election and Trump’s support for cryptocurrencies. Bitcoin prices rose after Trump proposed a national Bitcoin reserve and fewer crypto regulations. He replaced Gary Gensler, who brought over 100 crypto company actions a month later, with Paul Atkins as SEC head. As Federal Reserve interest-rate reduction chances have declined, financial market speculation has cooled.
Pepperstone Group research chief Chris Weston stated. Bitcoin has gained momentum due to bitcoin exchange-traded fund outflows after the election. Tech company MicroStrategy has been purchasing large in Bitcoin. According to trading analysts, the $40 billion firm is expected to reveal frequent Bitcoin purchases. Invezz analyzes the many elements that affect Bitcoin’s price in 2025 and its milestones:
2025 Bitcoin Forecast: Bullish vs. Caution
Even though Bitcoin is at a standstill, analysts are optimistic about its future. Alex Thorn, chief of research at Galaxy Digital, referred to the recent decline as a minor setback. Bitcoin will “test or best” $185,000 by year’s end and reach $150,000 in the first half of 2025, according to Thorn. The acceptance of Bitcoin by institutions, corporations, and nations will drive its value to unprecedented levels in 2025, according to Thorn.
By 2025, Bitcoin will still have outpaced all other asset classes in appreciation, even gold and the S&P 500Some market watchers are pessimistic. On Monday, XS.com analyst Rania Gule expressed concern that Bitcoin Boom in 2024 value could drop below $85,000 following the expiration of $14 billion worth of options contracts.
Forecasts for the Price of Bitcoin in 2025
Blockware Research predicts three 2025 Bitcoin price pathways based on legislative and economic changes: The worst-case scenario is long-term Bitcoin holders aggressively selling, raising the price to $150,000. If Trump doesn’t adopt the Strategic Bitcoin Reserve Plan, the Fed will keep rates higher for longer.
The bull run may end. In this bull case scenario, the Bitcoin Boom in 2024 reached $225,000 after the SBR initiative, which made it a US reserve asset, and company acceptance and Federal Reserve rate decreased. US government growth—Bitcoin reserves, rapid business adoption, and exceptionally dovish Federa l Reserve policies—pushed Bitcoin to $400,000.
Summary
The energy behind Bitcoin dwindled following the US election and President Trump’s crypto policies, and the cryptocurrency’s ascent to $108,000 in 2024 slowed to $93,670. Galaxy Digital, an optimistic research organization, predicts that Bitcoin might reach $150,000 by the middle of 2025. In light of current economic conditions and the rate of adoption, Blockware Research has identified three potential outcomes. A conservative $225,000, an optimistic $150,000, and a bold $400,000 estimate.
