Analyst Predicts Bitcoin Surge to $210,000 by 2025

The price of digital gold is expected to reach $210,000 by the end of 2025, according to Peter Chang, head of research at Presto Research, in an interview with CNBC.

The expert attributed his forecast to growing institutional interest and an influx of liquidity into the global economy.

Chang critically assessed the market situation this year, noting challenging macroeconomic conditions and corresponding investor sentiment.

In his view, recent corrections have been a “healthy adjustment,” helping to create a more sustainable foundation for Bitcoin’s future growth.

“Double Agent”

The analyst also noted that the first cryptocurrency can serve dual roles: as a risky investment and as digital gold. He explained that Bitcoin is highly volatile but behaves as a safe-haven asset during times of crisis.

“Such moments are rare. [They] occur only when the market questions the stability of the financial system dominated by the US dollar,” Chang emphasized.

Despite lagging behind gold amid market instability, the expert believes it could “catch up” with traditional safe-haven assets by the end of the year.

In conclusion, Chang reaffirmed the company’s targets for Ethereum, based on the ETH to BTC valuation model, expressing confidence in future network improvements.

Bitwise CEO Hunter Horsley supported Presto’s researcher, stating that the recent rise of Bitcoin above $94,000 occurred with minimal retail investor participation.

Bitcoin at $94k, yet —

Google searches for “Bitcoin” near long term lows.

This hasn’t been retail driven. Institutions, advisors, corporates, and nations have come into the space.

The types of investors buying Bitcoin is expanding. pic.twitter.com/Gtdh5u0bm6

— Hunter Horsley (@HHorsley) April 27, 2025

According to him, the current rally was initiated by institutions, financial advisors, corporations, and even states.

“The list of investors buying Bitcoin is expanding,” Horsley emphasized.

Back in April, Geoffrey Kendrick of Standard Chartered urged the purchase of digital gold and predicted its rise to $120,000 in the fourth quarter.