比特币稳定在 95,000 美元附近，目标是到 2025 年中期达到 200,000 美元

随着美国当选总统唐纳德·特朗普的第二任期将于 2025 年开始，数字资产行业对比特币即将到来的增长轨迹基本持乐观态度

Bitcoin (BTC) price hovered around $95,000 on Friday, following highs of over $108,000 earlier this month. The world’s largest cryptocurrency has largely traded flat around $95,000 since Christmas as investors now anticipate the world’s top crypto to eventually rally to $200,000 by mid-2025.

继本月初超过 108,000 美元的高点后，周五比特币 (BTC) 价格徘徊在 95,000 美元左右。自圣诞节以来，全球最大的加密货币的交易价格基本持平在 95,000 美元左右，投资者现在预计，到 2025 年中期，全球最大的加密货币最终将反弹至 200,000 美元。

With U.S. President-elect Donald Trump set to begin his second term in 2025, the digital asset industry at large remains bullish on bitcoin’s upcoming growth trajectory — especially amid Trump's pledge to turn the U.S. into the world's “crypto capital.”

随着美国当选总统唐纳德·特朗普将于 2025 年开始他的第二个任期，整个数字资产行业仍然看好比特币即将到来的增长轨迹，尤其是在特朗普承诺将美国变成世界“加密之都”的情况下。

On Thursday, bitcoin exchange-traded funds (ETFs), which debuted this January, saw $475 million in inflows after four consecutive days of withdrawals.

周四，今年 1 月推出的比特币交易所交易基金 (ETF) 在连续四天提款后，资金流入达 4.75 亿美元。

At the same time, ETFs for the world's second-largest crypto by market capitalization, ethereum, clocked $89 million in inflows.

与此同时，全球市值第二大加密货币以太坊的 ETF 资金流入达 8900 万美元。

"The ETF inflows highlight robust institutional support, particularly as macroeconomic conditions improve and inflation appears to be easing,” BRN lead analyst Valentin Fourner told The Block.

BRN 首席分析师瓦伦丁·福纳 (Valentin Fourner) 表示：“ETF 资金流入突显了机构的强劲支持，尤其是在宏观经济状况改善且通胀似乎有所缓解的情况下。”

Bitcoin price eyes $200,000 target by mid-2025

到 2025 年中期，比特币价格目标将达到 20 万美元

While bitcoin is up four days in a row, showing gains of around 1.5%, the crypto market at large is seeing mixed flows. Among the gainers, lido staked ether (stETH) is up around 3% over the last 24 hours, while dvpn is leading the losers, down around 3%.

虽然比特币连续四天上涨，涨幅约为 1.5%，但整个加密货币市场的走势参差不齐。在上涨者中，lido 质押以太坊 (stETH) 在过去 24 小时内上涨了约 3%，而 dvpn 则领先下跌者，下跌了约 3%。

Overall, the crypto market capitalization rose by about 1% over the last day to reach around $4.2 trillion.

总体而言，加密货币市值较最后一天上涨约 1%，达到 4.2 万亿美元左右。

After a bitcoin options chain that showed limited activity at higher price points earlier this year, recent bullish sentiment has brought back attention to the possibility of the world's largest cryptocurrency reaching new all-time highs. Among the bullish analysts, those at Bitfinex are now targeting a price of $200,000 for BTC by mid-2025.

今年早些时候，比特币期权链在较高的价格点表现出有限的活动，最近的看涨情绪重新引起人们对全球最大加密货币达到新的历史高点的可能性的关注。在看涨的分析师中，Bitfinex 的分析师目前的目标是到 2025 年中期 BTC 的价格达到 20 万美元。

"Our minimum price target for bitcoin remains at $140,000 - $200,000 around mid-2025,” Bitfinex analysts said. “The current bull market reflects strong institutional demand, led by ETFs and spot accumulation. Historical data suggests we are mid-cycle, following the April 2024 halving, with the market likely to peak around [the third and fourth quarter of] 2025, approximately 450 days post-halving. Historically, post-halving years have seen the strongest rallies.”

Bitfinex 分析师表示：“我们对比特币的最低价格目标在 2025 年中期左右仍保持在 14 万至 20 万美元。当前的牛市反映出以 ETF 和现货积累为主导的强劲机构需求。历史数据表明，我们正处于周期中期，跟随2024 年 4 月减半，市场可能在 2025 年第三季度和第四季度左右达到峰值，即减半后约 450 天。减半后的几年出现了最强劲的反弹。”

The analysts added that, after bitcoin’s peak in 2025, a "crypto bear market will follow with bitcoin prices falling to a range of $70,000 to $100,000 before recovering in 2027 to reach new all-time highs."

分析师补充说，在比特币于 2025 年达到顶峰之后，“加密货币熊市将随之而来，比特币价格将跌至 7 万美元至 10 万美元的范围，然后在 2027 年回升并达到新的历史高点。”

"We expect bitcoin to reach a price of $400,000 by the end of 2027, supported by the next halving and a shift in market focus from bitcoin to altcoins," they said.

他们表示：“我们预计，在下一次减半以及市场焦点从比特币转向山寨币的支撑下，到 2027 年底，比特币的价格将达到 40 万美元。”

"Finally, our maximum price target for bitcoin is $750,000 by 2029, as the crypto market expands to reach a total market capitalization of $20 trillion to $25 trillion."

“最后，随着加密货币市场的总市值扩大到 20 万亿至 25 万亿美元，我们对比特币的最高价格目标是到 2029 年达到 75 万美元。”