Bitcoin predicted to reach new heights after Trump returns to US presidency
Bitcoin could surge to $150,000 by the end of 2025, driven by greater institutional adoption and the support of US President-elect Donald Trump for cryptocurrencies, Khaleej Times reported while quoting forex industry executives.
Despite the optimistic outlook, some analysts warn that Bitcoin must maintain a position above $100,000 for several months to establish it as a solid support level.
In the recent past, the cryptocurrency crossed the $100,000 mark but then fell below the crucial psychological threshold. Its price rallied again following Trump’s launch of his own cryptocurrency and news that he plans to issue an executive order to prioritize crypto at the national level.
“Cryptocurrency is experiencing significant adoption among both institutional and retail investors as a hedge against inflation and other financial risks, similar to gold,” stated Konstantinos Chrysikos, director of customer relations at Kudo Trade.
He added that Trump’s return to power could have a positive impact on the crypto market, which tends to go through cycles, with many investors shifting from Bitcoin to Ethereum and other digital currencies.
He was of the view that Bitcoin would stabilize between $110,000 and $120,000 before potentially hitting $150,000 by the end of 2025. The expert described it as a “conservative outlook,” noting the unexpected developments that have occurred in the Bitcoin and cryptocurrency space.
Farah Mourad, senior market analyst at Equiti Group, highlighted the “positive impact” of Trump’s support for cryptocurrencies, along with the rise of international transactions involving cryptocurrencies between China and other nations.
While she does not foresee a correction in Bitcoin’s value, she suggests that if one were to occur, support could be found around the previous highs of $72,000 to $75,000. She emphasised that if Bitcoin maintained its momentum, it could benefit from a weaker dollar and other economic factors.
Mourad stressed the importance of Bitcoin closing above $100,000 for several months to confirm sustained momentum. She advised diversifying investments into Ethereum and Ripple as a prudent strategy.
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Another expert Wael Makarem stated that the recent increase in cryptocurrency prices was linked to a “decrease in active supply.”
He cautioned against “overly optimistic expectations” for the market with Trump returning to office, citing potential tensions with global counterparts like the EU and China that could lead to market instability and increased risk aversion.
Makarem identified $120,000 as a realistic target for Bitcoin, explaining that when active supply diminishes rapidly, price movements can become exponential, making it easier to reach such levels.
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