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Home Blockchain

Bitcoin Price Prediction: Coinshare MArket Head Predict BTC to Hit $150K

by DigestWire member
January 2, 2025
in Blockchain, Crypto Market, Cryptocurrency
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Bitcoin Price Prediction: Coinshare MArket Head Predict BTC to Hit $150K
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CoinShares’ Report Unveils Unprecedented Surge in Digital Asset Investment, Hits $67 Billion AUM

The post Bitcoin Price Prediction: Coinshare MArket Head Predict BTC to Hit $150K appeared first on Coinpedia Fintech News

As Bitcoin (BTC) kicks off 2025, its price has surged back to $95,750, bouncing up 3% after a dip to $91K. With the new year bringing fresh optimism, James Butterfill, head of research at CoinShares, predicts Bitcoin could soar as high as $150,000 in 2025! 

And that’s not all—he envisions a long-term rise to $250,000. But will Bitcoin reach these huge numbers, or are corrections coming?

BTC Could Reach $150K?

James Butterfill, a leading crypto expert, believes Bitcoin could break past $150,000 this year, despite some recent market challenges. He believes that a positive regulatory environment in the US is the main factor boosting Bitcoin prices.

Predicting a more optimistic goal, Butterfill is confident that Bitcoin is on track to reach $250,000, though it might take longer. 

Right now, Bitcoin holds about 10% of gold’s market value. Though he doesn’t expect Bitcoin to hit $250,000 by 2025, Butterfill believes it’s a strong long-term possibility.

Bitcoin Possible Correction To $80K

On the flip side, Butterfill mentioned that if Bitcoin only reaches $80,000 this year, it could be due to delays in crypto policies promised by President-elect Donald Trump. 

With CoinShares’ accurate track record in predicting Bitcoin’s movements, the crypto world is watching closely now.

Institutional BTC Price Prediction 

In addition to CoinShares’ prediction, other firms are also forecasting high valuations for Bitcoin. Bitwise Asset Management expects BTC to hit $200,000 by the end of 2025, while Pantera Capital has an even higher forecast, predicting Bitcoin could reach $740,000 by 2028. 

VanEck, known for its long-term outlooks, even suggests Bitcoin might reach $3 million by 2050, driven by its potential as a reserve asset.

What Next For Bitcoin Ahead?

However, Bitcoin’s path to these milestones may not be without challenges. Experts believe the first quarter of 2025 may see a period of consolidation, especially after Bitcoin’s drop from $108,000 to its current price.

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