Cryptocurrency market analysts gave a positive forecast for bitcoin in 2025

Cryptocurrency analysts note that every four years, BTC updates its historical highs. A new high is recorded about a year and a half after the halving. The next decrease in rewards for miners is expected in the spring of 2024, which means that investors may see a new BTC high in 2025.

The popular crypto influencer TheBTCTherapist asked his followers on the X platform (Twitter) to give a forecast for bitcoin for the next year after the halving. He believes that in 2025, BTC will be worth more than $ 300,000. The analyst published his forecast for bitcoin and the expected trajectory of the coin.

Another popular crypto blogger, Crypto Rover, is confident that the flagship asset will cost $ 110,420 in 2025. The majority of crypto enthusiasts supported the forecast of positive price dynamics of bitcoin by 2025.

Many crypto users believe that BTC will be able to overcome the important psychological barrier of $ 100,000. Investors have been waiting for the market leader to break through since 2021, when BTC hit a new all-time high of $ 69,000.

Some crypto enthusiasts believe that the main cryptocurrency can rise to $ 200,000. However, there are also those who believe that, contrary to expectations of a new high, BTC risks falling to $ 20−30,000 after a slight increase.

In general, representatives of the crypto community believe that the maximum height that bitcoin can reach in the next bull cycle is the previous historical high.