In 2024, Bitcoin surged by over 150% and became the top market performer in the cryptocurrency industry. There were three major favorable factors responsible for this feat: mounting investor enthusiasm, a favorable macro environment, and superior regulatory positivity. The world’s largest cryptocurrency may continue to surge if the bullish trend continues in 2025. Some analysts claim that the price range of the cryptocurrency may exceed $200,000 and cross the $250,000 mark. They also opine that the bullish phase is unlikely to end and the cycle will continue throughout 2025. The assumption behind this claim is that the cryptocurrency trends and regulations will be encouraging for new users.
The positive factors are likely to ensure that this unprecedented bullish phase continues throughout 2025. It is a historical fact that Bitcoin has gained new heights after every 4 years. In 2017, the Bitcoin’s cycle saw gains of over 2300% and 1700%. Then the prices of Bitcoin grew only by 70% to 80%. Two years ago, Bitcoin made a massive comeback and surged by 600%. This indicates that there is substantial potential for more growth in the coming years.
The bullish phase of Bitcoin is going to continue and lead to the easing of monetary cycles of central banks. The common anticipation is that the central banks will continue to slash interest rates.
Bitcoin’s price on Monday (30th Dec 2024) was $92,000+ and it rose by 4.5% in the next three days. The rise coincides with the 50-day Exponential Moving Average (EMA) and may reach above $94,000. If the trend continues, then in 2025, it may frequently cross the $100,000 mark.
The host of US regulations is responsible for creating optimism around Bitcoin. It would not be an exaggeration to suggest that these factors are cumulatively responsible for the unprecedented price surge of Bitcoin in 2024. The US Securities and Exchange Commission (SEC) approved Bitcoin ETF in January 2024. This was a good move as it encourages risk-averse investors to invest in Bitcoin through equity traded funds.
Although the Biden administration is not particularly cordial towards the cryptocurrency industry, Bitcoin still managed to reach new heights and create headlines. After the election of Donald Trump in the Presidential Elections, it grew spectacularly. It surged above $100,000 as many experts believe because of the wave of pro-crypto sentiments in his Presidential campaign. Trump after assuming office may nominate Paul Atkins as the next chairman of the SEC. This can lead to landmark changes in the industry since he is known for his pro-crypto views.
The opinions of Bitcoin investors are overwhelmingly positive now. Most seem to agree that the outstanding performance will continue to surge in 2025 just like it surged in 2024. They also hope that the cryptocurrency will witness more massive investments, including from financial institutions. Bitcoin investors also hope that Donald Trump will implement policies that will favor the growth of the sector. They believe that he may indeed declare Bitcoin as part of the US strategic reserve.
The current trends suggest that Bitcoin can indeed cross the $250,000 mark if the conditions remain favorable. The users are now harboring a lot of hope for the massive growth of this cryptocurrency. The impact of regulations can have a positive impact on several crypto companies such as PayBitoPro known for its crypto trading platform. It is also true that the regulations may lead to more widespread adoptions. It can also encourage even risk-averse investors to invest in Bitcoin and make significant capital gains. Therefore, 2025 can become a critical year for not only cryptocurrencies but also for the prosperity of the entire sector.