Bitcoin $104,723.9hit its all-time high price a few hours ago, reaching $107,780. The cryptocurrency, currently traded at $105,791, ranks seventh in the global rankings with a market value of $2.09 trillion. Investors are wondering how the market will shape up as the Christmas season approaches. The traditional Santa Rally expectation leads to uncertainty in cryptocurrencies.
Analysts: Bitcoin Could Reach $200 Thousand in 2025
According to Bitfinex analysts, Bitcoin’s rise will continue in 2025. The expected corrections will be short-term and limited. Analysts think that economic conditions will be supported by stable growth and strategic arrangements. Normalization of the sector can provide positive momentum despite external risks and inflationary pressures.
In Bitfinex analysis, the Bitcoin price is predicted to reach at least $145,000 by mid-2025. It is estimated that the price may rise up to $200,000 under favorable market conditions. The overall outlook indicates that it will be a positive year for Bitcoin and crypto markets. Analysts state that investors should focus on long-term prospects.
US ETFs Boost Bitcoin Demand
Bitcoin’s growth is largely supported by ETFs traded on the US spot exchange. There was a total of $2.16 billion in net inflows into U.S. ETFs last week. This shows that investors’ interest in Bitcoin continues. According to BiTBO data, inflows in ETFs significantly exceeded outflows.
BlackRock’s iShares Bitcoin Trust (IBIT) holds 539,020 BTC, representing 2,567% of the total Bitcoin supply. The share of US ETFs in the total Bitcoin supply reached 5.383%. This data proves that ETFs play a critical role in Bitcoin price discovery.
As demand for Bitcoin increases, MicroStrategy’s regular purchases continue to support growth. The company’s Bitcoin investments are accelerating the upward movement of the market. US ETFs and large institutional purchases provide positive signals for the cryptocurrency’s future performance.
Bitcoin’s recent rise reveals the strong dynamics in the market. Bitcoin maintains its place on investors’ radar, thanks to analysts’ 2025 predictions and the influence of US ETFs.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that crypto currencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
