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An analyst from H.C. Wainwright & Co., one of America’s most established financial institutions, anticipates an exhilarating year for bitcoin, driven by clearer regulations and enhanced institutional involvement.
H.C. Wainwright’s Mike Colonnese Predicts Bitcoin to Hit $225K
On Jan. 2, a CNBC report highlighted insights from H.C. Wainwright & Co., a Boston-based investment bank, indicating that bitcoin (BTC) could see a significant rise under optimal conditions. Analyst Mike Colonnese shared with CNBC reporter Tanaya Macheel that the price might climb to $225,000. His perspective was among a wave of bitcoin price predictions that surfaced after the 2024 U.S. presidential election, where Donald Trump defeated Kamala Harris.
“Based on our analysis of historical price cycles and recent price action, along with the widely-held expectation for a more favorable regulatory environment for the digital assets industry in the U.S. in 2025 under the new administration, the availability of spot ETF products in the U.S., and accelerating institutional investor and corporate adoption, we now estimate that BTC will reach $225,000 per coin by the end of 2025,” Colonnese explained.
A chorus of financial gurus is singing in harmony with Colonnese, as Bitcoin.com News revealed that Citi anticipates a crypto boom this year, courtesy of the Trump administration’s actions. Presto Research, the brainy arm of the algorithmic trading outfit Presto, echoed this optimism, forecasting that BTC could hit $210,000 per coin. Donald Trump’s son, Eric Trump, went even further, predicting bitcoin could soar to $1 million per coin, attributing this to his father being the “most pro-crypto president in the history of America.”
While sharing crypto market insights with CNBC, the market sage from H.C. Wainwright threw in a word of caution, noting that 30% dips are par for the course in bitcoin’s bull runs. “BTC price action has historically been highly correlated to global liquidity (as measured by M2), which has been on a downtrend since October,” Colonnese detailed.
The road ahead may rely on a combination of market sentiment, policy decisions, and ultimately the resilience of bitcoin (BTC) itself. As widespread acceptance of BTC as a financial instrument deepens, shifting investor appetite could spark opportunities for both pioneering technologies and cautious speculators.
Uncertainty remains an ever-present companion to bullish forecasts. Yet, proponents view each market fluctuation as evidence of a durable evolution. As institutional players refine their strategies, the interplay of technology and tradition promises to shape the unfolding narrative well beyond 2025, while championing future possibilities.