Bitcoin (BTC) Price Poised to Hit $300,000 by March 2025, Expert Predicts

Bitcoin's bull market since 2009 is projected to peak at ~$300K by March 30, 2025, said Gert van Lagen, a cryptocurrency trading expert.

A cryptocurrency trading expert has observed that the current price cycle of Bitcoin (BTC) could culminate in an all-time high of about $300,000 in the coming months.

Gert van Lagen noted that Bitcoin will likely hit the target by March 30, 2025, in a projection guided by the Elliott Wave Theory, a framework used to identify repetitive cycles in financial markets, he said in an X post on January 11.

“Bitcoin’s bull market since 2009 is projected to peak at ~$300K by March 30, 2025,” he said.

If this price level is attained, it will mark a price growth of almost 220% from the current valuation, placing Bitcoin’s market cap at approximately $6 trillion.

Van Lagen’s analysis categorized Bitcoin’s price journey since 2009 into five distinct waves. Each wave represents a phase of market psychology, moving through periods of euphoria, correction, and consolidation.

The present phase, termed the “blow-off wave,” has been unfolding since 2019. Historically, these blow-off waves have exhibited steep upward trends, forming angles of at least 78 degrees on logarithmic charts, a recurring indicator of a market’s final explosive rally.

The concept of Bitcoin blocks also plays a crucial role in this forecast. Bitcoin blocks are units of data added to the blockchain roughly every ten minutes. Van Lagen’s analysis identified block 890,000 as a critical marker where the blow-off wave is projected to peak.

The network has reached block 878,654 (as of January 10, 2025), leaving approximately 79 days until block 890,000 is mined. This timeline aligns with a projected price of $300,000, corresponding to the upper boundary of a long-term trendline that has guided Bitcoin’s price movement for over a decade.