Bitcoin

How much will 1 Bitcoin be worth in 2025?

Published

7 months ago

26 June, 2024

How much will 1 Bitcoin be worth in 2025?

History does not repeat itself, but it often rhymes.

Stop for a moment and think about how far Bitcoin (Bitcoin 0.61%) arrived. What was once worth just a few cents has blossomed over the past decade and a half and is now worth more than $60,000. By most accounts, it’s probably a safe bet that Bitcoin will continue to rise over the next 15 years. But what about the more immediate future?

Here’s a little speculation about where Bitcoin could go in 2025.

Image source: Getty Images.

The Cyclical Nature of Bitcoin

As unpredictable as the price of Bitcoin may seem, since its inception in 2009, it has followed an eerily similar pattern over periods of approximately four years. Referred to as a cycle, Bitcoin has gone through three cycles so far and is currently in its fourth.

It’s probably no coincidence that the duration is four years, as that’s how often Bitcoin halve occurs. After every 210,000 blocks added to its blockchain (which happens approximately every four years), Bitcoin’s inflation rate is halved. This change essentially introduces a supply shock and means that, even if demand remains constant, its price have to go up to compensate for the reduction in your offer.

Typically, the four-year cycle goes something like this. It begins with a bear market phase, like the one seen in 2022, characterized by a sharp decline from a previous peak. The following year typically marks the beginning of a recovery phase, similar to the upward trend we saw in 2023. The third year, which includes the halving and is the one we’re currently in since Bitcoin halved in April, has often triggered notable price increases as anticipation of a reduced supply becomes apparent. Finally, the fourth year, which would be 2025 if the cycle were to hold, Bitcoin has tended to experience its most notable gains.

Projecting the Price of Bitcoin in 2025

While there are no guarantees, Bitcoin appears to be following its four-year historical pattern for now. Assuming that the pattern will continue, we can make educated guesses about what its price might be in 2025 based on what has occurred in previous cycles. Let’s start with 2024, the current year, as Bitcoin underwent its last halving in April.

As explained previously, the halving has a great influence on the price of Bitcoin. In 2012, the year of Bitcoin’s first halving, it jumped 119%. Four years later, in 2016, it achieved a commendable gain of 93%. And in 2020, it soared 174%. This means that in years where a halving occurs, Bitcoin has increased by an average of around 125%. Let’s start here before entering 2025.

If Bitcoin grows 125%, then when measuring its price in early 2024, it would be plausible to expect Bitcoin to be worth $99,000 by the end of the year. Given that Bitcoin is already up around 60% this year, it would only take another 60% jump to maintain the historical norm. This may seem significant, but remember, this is Bitcoin. History shows it can cover that kind of ground in just a few months.

Assuming 2024 plays out this way, we could see Bitcoin close to $100,000 to kick off 2025. That in itself is impressive and makes investing today a valuable opportunity. However, in past cycles, the total effect of the halving peaked in the year following the event.

In 2013, a year after Bitcoin’s first halving, it grew by an astonishing 840%. After another halving in 2016, it followed in 2017 with a 331% gain. Then in 2020 it rose a healthy 174%. Add it all up and, on average, Bitcoin has made staggering gains of 400% during these post-halving years. Therefore, when measured from a projected starting price of $99,000 in early 2025, a 400% increase would push the price of Bitcoin to nearly $500,000 by the end of next year.

Managing expectations

It is worth recognizing that past performance is no guarantee of future results. However, until proven otherwise, the continuation of Bitcoin’s four-year cycle is, at the very least, convincing.

What’s more important is that history shows that the full effect of halving doesn’t fully materialize until at least a year later. Furthermore, even if Bitcoin falls below its post-halving year average in 2025 or the cyclical pattern is broken, it could be argued that few other assets offer as much long-term potential as Bitcoin.

With its finite supply of 21 million coins and industry-leading levels of decentralization and security, Bitcoin has become the quintessential cryptocurrency, an achievement that should help it sustain its price appreciation journey for years to come.

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Bitcoin

What to watch for in the markets

Published

6 months ago

21 July, 2024

SatoshiTimes Staff

Photo: Andrew Harnik (Getty Images)

After witnessing one of the largest global IT outages on record, affecting the travel, finance and healthcare sectors worldwideThis week is set to see more political drama, events, and earnings reports from tech giants.

Donald Trump’s ‘Lovefest’ Sets Jamie Dimon Up for Consideration for Treasury Secretary Job

Let’s take a look at what awaits us:

Major companies will release their earnings reports

Major tech companies and others will release their earnings reports this week, paving the way for what the second half of 2024 will look like.

Monday

Verizon will report earnings before the start of operations.

Tuesday

Coca-Cola, Comcast and UPS are all set to report earnings before the market opens.
Tesla will report earnings in the morning, while General Motors will report earnings in the evening.
Alphabet and Visa will report results after the market closes.

Wednesday

AT&T will release its report before the market opens.
Ford and Chipotle will report earnings after the market closes.

Thursday

Earnings reports from AstraZeneca, American Airlines and Southwest Airlines will be released before the market opens.

Trump to speak at Bitcoin conference

Presumptive Republican presidential nominee Donald Trump will speak at the next Bitcoin Conference in Nashville, Tennesseewhich is scheduled for July 25-27. While this is the first time a presidential candidate will attend the conference, it has sparked a debate over whether the crypto-friendly Trump will receive support from the crypto community in the upcoming election.

In addition to Trump, independent presidential candidate Robert F. Kennedy Jr. will also discuss crypto during the conference. Crypto advocates such as ARK Investment’s Cathie Wood, MicroStrategy’s Michael Saylor, and whistleblower Edward Snowden are among some prominent names who will be participating in the conference.

Ether ETFs are on the way

New Ether Spot ETFs are set to begin trading on Tuesday, July 23. Much like the spot Bitcoin ETFs, these ETFs will allow investors to buy the second most popular cryptocurrency like stocks. BlackRock, Ark Invest/21Shares, VanEck, Grayscale, Fidelity, Bitwise, Franklin Templeton, and Invesco/Galaxy Digital are all set to offer Ether ETFs. Crypto asset manager Bitwise predict that trading in the Ether ETF will drive the price of Ether higher, potentially surpassing $5,000.

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Bitcoin

Cryptocurrency’s Biggest Winners and Losers in a Second Trump Presidency

Published

6 months ago

21 July, 2024

SatoshiTimes Staff

Cryptocurrency’s Biggest Winners and Losers in a Second Trump Presidency

Bitcoin miners and cryptocurrency companies that have been blocked from going public in the U.S. could ultimately be the biggest winners in the digital asset world under a second Donald Trump presidency. Foreign companies at risk of losing market share could end up being the biggest losers.

That’s the view that’s taking hold among market participants and observers in the wake of the former president’s growing embrace of cryptocurrency as his chances of election grow. survey released Thursday by CBS News showed Trump with the majority — 52 percent — of likely voters in his likely November rematch with President Joe Biden.

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Bitcoin

Bitcoin, Ethereum, Solana and Cryptocurrency Markets Look Ready to ‘Send’ as Stars Align, According to Investor Chris Burniske

Published

6 months ago

21 July, 2024

SatoshiTimes Staff

Bitcoin, Ethereum, Solana and Cryptocurrency Markets Look Ready to ‘Send’ as Stars Align, According to Investor Chris Burniske

Cryptocurrency investor Chris Burniske says Bitcoin (BTC), Ethereum (ETH), Solana (SUN) and the cryptocurrency market in general seem poised for a run.

Former Head of Cryptocurrency at ARK Invest account his 292,200 followers on social media platform X that several catalysts are aligning, suggesting that digital asset markets are on the verge of a bull run.

According to Burniske, a partner at venture capital firm Placeholder, the highly anticipated launch of Ethereum-based exchange-traded funds (ETFs), Republican presidential candidate Donald Trump speaking at an upcoming Bitcoin event, and the current state of the BTC, ETH, and SOL charts all suggest significant optimism for the cryptocurrency markets.

“With ETH ETFs set to go live, Trump speaking at The Bitcoin Conference, and BTC, ETH, and SOL charts looking [they do] (while stocks are weak), it’s hard to imagine a world where we don’t ship next week.”

Reuters recently reported that preliminary approval for ETH ETFs has been granted as the Bitcoin Conference is scheduled to take place from July 25-27.

BTC, ETH, and SOL are trading at $67,333, $3,528, and $174 at the time of writing, respectively.

The venture capitalist too provides an update on his prediction that the total crypto market cap will eventually hit $10 trillion. According to his chart, the path to $10 trillion is currently “23%” complete, as it sits around $2.2 trillion.

Source: Chris BurniskeX

Earlier this month, Burniske he said in an interview with Real Vision CEO Raoul Paul that he has his eye on the Move ecosystem, which was originally built by social media giant Meta and then used to develop layer 1 blockchains Sui (IUE) and Apts (APT).

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Bitcoin

Here’s the next target for BTC before bulls can hold out for $70K

Published

6 months ago

21 July, 2024

SatoshiTimes Staff

Here’s the next target for BTC before bulls can hold out for $70K

Bitcoin’s recovery is going well, and the market is seemingly poised to create a new all-time high in the near term.

Technical analysis

Per NegotiationRage

The daily chart

As the daily chart shows, the price of Bitcoin has been rising since it broke above the 200-day moving average.

The market has also reclaimed the $60K and $65K levels and is moving towards the $68K resistance zone, which could be the last hurdle before creating a new all-time high. With the RSI also indicating that the price has clear bullish momentum, it could be just a matter of time.

Source: TradingView

The 4-hour chart

Looking at the 4-hour chart, it is evident that the price has been rising rapidly since breaking the downtrend line to the upside. The market also broke the $65K resistance level with momentum, turning it into a support.

While almost everything points to a new record high in the coming weeks, there is one worrying sign. The RSI is showing a clear bearish divergence between recent price highs, which could indicate a correction or even a reversal in the near term.

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