2024-12-31 08:21 |
Digital asset exchange Bitfinex predicted an uphill run for Bitcoin’s (BTC) price in 2025. Crypto bulls and market participants highly anticipate next year’s run, citing macro factors and increasing institutional appetite. Most users also tip favorable United States catalyst as the biggest driver next year.
A new Bitfinex report on the crypto market outlook for 2025 points to a bullish Bitcoin price soaring up to $200,000. The exchange highlights institutional demand as a key metric for price action. This year, institutional flows tapped new highs with the approval of spot Bitcoin ETFs. So far, these funds have attracted over $37 billion, with mounting prospects in 2025.
Per the report, cycle indicators like the Market Value to Realized Value (MVRV), and Net Unrealized Profit/Loss (NUPL) show the bull cycle is still on. However, like previous cycles, giant peaks may not be expected in the short term. Still, bulls expect a reasonable jump in price next year between $150k to $200k.
The exchange cites a minimum price estimate of $145,000 in June which could extend to $200,000 on the back of favorable conditions.
Market Expects a Post-Halving Year RallyTraditionally, BTC prices have surged after each halving, with significant gains recorded for the next year. This bull case scenario in Q1 2024, ahead of the halving, led to miners repositioning holdings. Next year, market participants expect the effect to swing alongside tightening global financial conditions fully.
Furthermore, inflationary trends are expected to attract more users to Bitcoin as a store of value to protect assets. This has been a recurring macro trend in the past 12 months.
“Inflation remains a central focus, with core CPI steady at 3.3% YoY reflecting persistent pressure in vehicle prices and durable goods. The Fed’s restrictive stance, despite planned rate cuts, underscores the difficulty in achieving its 2% inflation target. Strong economic growth, including a projected 3.8% Q4 annualized rate, supports cautious monetary easing but leaves room for recalibration should inflation persist.”
Finally, the market expects positive crypto laws in the United States to shape the global sentiment. This is expected to attract more institutional investors, taking BTC prices to new all-time highs. The price of the crypto leader soared past $107K before slight corrections due to volatility. Similarly, whales have recorded large accumulations signaling long-term holdings.
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