By Susie Violet Ward · Forbes · 1 January 2025
Bitcoin began 2025 after passing $100,000 in 2024, with forecasts for the year ranging from conservative estimates of $75,000 to projections as high as $100,000,000. The article links recent gains to US spot bitcoin ETFs, including BlackRock’s, and notes that UK retail investors could not access spot bitcoin ETFs because of restrictions imposed by the Financial Conduct Authority.
It collects forecasts from Fundstrat’s Tom Lee at $250,000, Bitwise Asset Management at $200,000, VanEck’s Matthew Sigel at $180,000 and Galaxy Digital’s Alex Thorn, who expected the price to pass $150,000 in the first half of the year. Samson Mow of JAN3 suggested $100,000,000 per bitcoin, while InvestingHaven projected $75,000. The article also covers the April 2024 halving and the possibility of nations adopting strategic bitcoin reserves.