Here’s How High Bitcoin Can Go in 2025, According to a Wealth Advisor

Since his victory in November, Bitcoin rose from $75,000 to an all-time high of $108,135 on December 17, 2024, a 44% jump.

Bitcoin will hit $130,000 this year, wealth advisor says

After hitting an all-time high of $108,135 on December 17, Bitcoin is set to continue surging in 2025 and could reach $130,000 by the end of the year, according to a wealth advisor.

Bitcoin soared to a record high of $108,135 on December 17, 2024, up from $75,000 at the beginning of the year. The cryptocurrency has since slipped to around $98,000.

Now, a wealth advisor has predicted that Bitcoin is set to continue surging in 2025 and could hit $130,000 by the end of the year.

“I think Bitcoin will hit $130,000 this year,” Andy Nguyen, a wealth advisor at RegentBlock, told Insider in an interview on Monday.

Nguyen said that he arrived at the figure by looking at Bitcoin's historical price action and considering the macroeconomic environment.

“If you look at the past two bull markets, Bitcoin went up 10 times in 2017 and seven times in 2021. So far in this bull market, Bitcoin has only gone up four times. If you apply the past two bull markets to this one, Bitcoin should at least go up another seven times, which would put the price at $120,000 to $130,000 by the end of the year.”

He added that the Federal Reserve's interest rate hikes and inflation would also drive more people to crypto.

“The Fed raising interest rates will make it more difficult for people to borrow money and buy stocks, which will lead them to look for other assets like crypto. At the same time, inflation will erode the value of cash and other assets, making people want to put their money in something that can outpace inflation, like Bitcoin.”

Nguyen also said that he expects institutional adoption of crypto to accelerate in 2025.

“Institutions are still waiting for the SEC to approve a spot Bitcoin ETF, and once that happens, I think you'll see a lot of institutions piling into crypto.”

Insiders say that BlackRock, the world's largest asset manager, is preparing to launch an ETF for cryptoassets as early as April.

However, Nguyen warned that the crypto market is still very volatile and that anything can happen.

“I always tell my clients to be prepared for the worst-case scenario and to only put money in crypto that they can afford to lose. Good luck trying to time the market. It's better to just buy and hold for the long term.”