The bitcoin bull market is expected to peak in the third to fourth quarters of 2025, with a target price of $200,000 under favourable conditions, according to Bitfinex analysts.
As 2024 wraps up, our last Bitfinex Alpha looks forward to 2025 ?
We see $BTC continuing to climb but there will be volatility along the way before a peak is reached in Q3-Q4 2025 ?
?https://t.co/BdEfpgVWGZ pic.twitter.com/V5YgxlbwFT— Bitfinex (@bitfinex) December 16, 2024
They noted that several indicators suggest the rally will continue, though it remains far from “euphoric” levels.
Among the key trends and prospects for the coming year, experts highlighted:
- any corrections in bitcoin will be moderate due to institutional inflows into ETFs and spot markets;
- the effect of the April halving — historically, the bull phase peaks 450 days after the latest block reward reduction;
- the minimum target price by mid-year is approximately $145,000.
“Investors should remain vigilant for signs of overbought conditions as bitcoin approaches the peak of its cycle,” warned Bitfinex specialists.
In their view, the growth of the leading cryptocurrency will be primarily driven by favourable US macroeconomic indicators.
Meanwhile, inflation in the country remains steady at 3.3% against a target of 2%. For this reason, analysts anticipate a “cautious reduction” in the key rate by the Fed.
“Overall, 2025 represents a cautiously optimistic economic environment, marked by steady growth, persistent structural challenges, and strategic policy adjustments,” concluded the exchange’s experts.
Earlier, Bitwise also identified $200,000 as the target price for bitcoin next year.
VanEck specialists offered a more conservative forecast of $180,000 per coin, while Matrixport analysts suggested a figure of $160,000.