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Cryptocurrency News Articles
Bitcoin (BTC) Price Prediction: New All-Time Highs by June 2025
Mar 07, 2025 at 03:41 pm
According to Cory Klippsten, CEO of Swan Bitcoin, the odds of Bitcoin (BTC) reaching new all-time highs by June 2025 are greater than 50%
According to Cory Klippsten, CEO of Swan Bitcoin, the odds of Bitcoin (BTC) reaching new all-time highs by June 2025 are greater than 50%.
In an interview with Cointelegraph, Klippsten predicts that the cryptocurrency will continue its bullish trajectory as the market adjusts to macroeconomic conditions and geopolitical tensions.
The Foundation for Economic Education (FEE) highlighted that, despite the recent decline, the price of Bitcoin is still up more than 7,000% since the beginning of the year 2018.
The announcement of tariffs on imports by former president Donald Trump led to a decline in the price of Bitcoin, which lost nearly 14% from the peak of $109,000. However, Klippsten emphasizes that institutional demand remains strong and macroeconomic uncertainties are more of a short-term noise.
"I think there's a better than 50% chance that Bitcoin reaches a new all-time high by June 2025. We're still seeing strong demand, especially from institutions, and the long-term fundamentals of Bitcoin remain intact," said Klippsten.
Currently, Bitcoin is at a price below $100,000, which represents a pause rather than an end of the bull trend.
After reaching a historic high of $73,679 in March, Bitcoin consolidated in a range between $53,000 and $72,000 for several months. It then surpassed $100,000 after the presidential elections of Trump, but fell below $85,000 after the executive order for the creation of a strategic Bitcoin reserve. This order did not meet market expectations, as it did not provide details on future acquisitions.
According to Timothy Peterson, network economist, Bitcoin could oscillate between $85,000 and $95,000 in the coming weeks, before resuming the bull trend beyond $100,000.
Hunter Horsley, CEO of Bitwise Invest, is also not worried about the recent price dip, comparing it to the one that occurred after the launch of Bitcoin ETFs.
In summary, while Bitcoin faces macroeconomic challenges and volatility, the long-term outlook remains positive. The confidence of Klippsten and other experts in Bitcoin’s potential to reach new all-time highs by June 2025 underscores Bitcoin’s resilience and appeal as an asset.
The question remains: will the market be able to adapt and overcome the current uncertainties to embrace a new phase of growth?
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
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