Although the leading cryptocurrency Bitcoin ($BTC) has been underperforming since mid-December, the rally expectation continues. At this point, there are many predictions for the $BTC price, and CryptoQuant also announced the current forecast.
On-chain analytics platform CryptoQuant said in its latest weekly report that the $BTC price is preparing for its next macro peak and revealed the price range it expects for $BTC.
Bitcoin Will Reach At Least $145 Million This Year!
At this point, CryptoQunat analysts said that with the new US presidential administration, the mass capital flow will increase and allow Bitcoin to reach at least $145,000 this year.
“Given favorable regulatory, monetary and cyclical conditions, we expect capital to continue to flow into Bitcoin in 2025, driving up the $BTC price.”
Continuing their expectation of an increase in Bitcoin, CryptoQuant analysts added that if history repeats itself, the realized market value of Bitcoin could reach $520 billion.
“The expansion in total capital invested in Bitcoin (realized market value) has a much greater impact on Bitcoin's market value and price.
If the $520 billion figure for Bitcoin is realized, we expect the $BTC price to reach between $145,000 and $249,000 in 2025.”
*This is not investment advice.