Prominent macroeconomist Lyn Alden believes Bitcoin is on track to finish 2025 above its current price of around $85,000.

While she still expects Bitcoin to post gains by year-end, Alden noted that the tariffs introduced in February have tempered her earlier bullish outlook.

Prominent macroeconomist Lyn Alden has predicted that Bitcoin (BTC) will finish 2025 at a price higher than its current level of around $85,000.

“Before all this tariff kerfuffle, I would have had a higher price target, but I think they’ll probably do okay this year,” Alden said on Coin Stories.

The economist was referring to the tariffs that were reintroduced in February, which have somewhat dampened her earlier bullish outlook on Bitcoin.

Earlier this year, Alden had expressed anticipation for a surge in liquidity, potentially pushing Bitcoin toward more significant price targets.

In particular, she highlighted the scenario of the U.S. bond market going into a crisis, leading the Federal Reserve to engage in quantitative easing or yield curve control.

Despite the presence of macro headwinds, Alden sees a “good chance” of Bitcoin exceeding the $100,000 threshold in 2025. However, she noted that global market volatility remains a key obstacle.

This is due to Bitcoin’s continuous trading activity, in contrast to traditional equity markets with limited trading hours.

“Because it trades 24/7, if people are worried about how things are going to open on Monday, some pools of capital can sell their Bitcoin on a Sunday and prepare for it,” she said.

Alden explained that Bitcoin often reacts first to any market jitters due to its round-the-clock nature.

Although its correlation to tech-heavy indices like the Nasdaq 100 has been noted, Alden believes Bitcoin can sometimes diverge, especially when broader market conditions exert pressure on U.S. equities without directly impacting global liquidity.

She drew comparisons to the period between 2003 and 2007, when a weak U.S. dollar cycle fueled capital flows into commodities, emerging markets, and gold, largely bypassing U.S. stocks.

Alden noted that a similar environment could be favorable for Bitcoin.

“If we encounter a five-year period like that again, that could be a period where Bitcoin does pretty well, even as the U.S. stock market doesn't do particularly well,” she added.