CoinShares researcher forecasts bitcoin at $150,000

James Butterfill, head of research at CoinShares, predicts that in 2025 bitcoin’s price will be in the $80,000–150,000 range.

He says one should not rule out the asset’s market capitalisation rising from the current 10% of gold’s market value to 25% over the long term. In that case, the first cryptocurrency’s price would reach $250,000, although that is unlikely to happen in 2025.

If US president-elect Donald Trump fails to deliver on his crypto-related promises, the price will probably be closer to the lower bound of the forecast — $80,000.

“Disappointment regarding the cryptocurrency initiatives proposed by Trump, and doubts about their implementation, may trigger a significant market correction,” said Butterfill.

On the other hand, the improvement in the US regulatory environment expected by the expert could push bitcoin to new price highs.

In 2023, CoinShares analysts forecast digital gold at $80,000 in 2024. 

Earlier, Fundstrat co-founder Tom Lee predicted that bitcoin would reach $250,000.