比特币价格预测：随着机构支持的增加，2025 年比特币价格目标为 80,000-150,000 美元

CoinShares 研究主管 James Butterfill 分享了他对 2025 年比特币价格走势的乐观展望，预计价格范围在 80,000 美元至 150,000 美元之间。

CoinShares Head of Research James Butterfill has provided his upbeat price targets for Bitcoin in 2025, predicting a range of $80,000 to $150,000. Despite recent market selloffs and volatility, Butterfill maintains his optimism for Bitcoin’s potential for substantial growth, especially with the increasing institutional interest in the cryptocurrency and the evolution of regulatory landscapes.

CoinShares 研究主管 James Butterfill 给出了 2025 年比特币的乐观价格目标，预测范围为 80,000 美元至 150,000 美元。尽管最近出现市场抛售和波动，但巴特菲尔仍然对比特币大幅增长的潜力保持乐观，特别是随着机构对加密货币的兴趣日益浓厚以及监管环境的演变。

Bitcoin Price Predictions for 2025: A Closer Look

2025 年比特币价格预测：仔细观察

In an interview with CNBC, Butterfill highlighted two key price points for Bitcoin in 2025: a potential peak of $150,000 and a lower-end price of $80,000. This prediction takes into account both bullish and cautious scenarios for the leading cryptocurrency, with the higher price contingent on favorable market conditions and regulatory developments, while the lower price assumes setbacks in the regulatory landscape.

在接受 CNBC 采访时，Butterfill 强调了 2025 年比特币的两个关键价格点：15 万美元的潜在峰值和 8 万美元的低端价格。这一预测考虑了领先加密货币的看涨和谨慎情景，较高的价格取决于有利的市场条件和监管发展，而较低的价格则假设监管环境受挫。

The $150,000 price target reflects Bitcoin’s growing acceptance as a digital asset and a store of value, and it could be realized if the broader market continues to embrace the cryptocurrency. However, Butterfill acknowledges the difficulty in precisely timing these price movements, especially given the volatility in the markets and the uncertainty surrounding regulatory shifts.

150,000 美元的价格目标反映了比特币作为数字资产和价值储存手段越来越被接受，如果更广泛的市场继续接受这种加密货币，这一目标就可以实现。然而，巴特菲尔承认，准确把握这些价格变动的时间是很困难的，特别是考虑到市场的波动性和监管变化的不确定性。

On the other hand, the $80,000 prediction stems from concerns over the pace of pro-crypto policies in the United States, such as those previously proposed by former President Donald Trump. If these policies fail to materialize or are delayed, Bitcoin could face challenges in reaching the higher price targets in the near term.

另一方面，80,000 美元的预测源于对美国支持加密货币政策步伐的担忧，例如前总统唐纳德·特朗普之前提出的政策。如果这些政策未能实现或被推迟，比特币在短期内达到更高价格目标可能会面临挑战。

Bitcoin's Potential to Rival Gold

比特币与黄金竞争的潜力

While Butterfill's $150,000 target is certainly within the realm of possibility for 2025, his long-term projections are even more ambitious. In the coming years, Bitcoin could eventually compete with gold as a global reserve asset, with some projecting that Bitcoin might capture 25% of gold's market share, which could push its price as high as $250,000. Currently, Bitcoin holds around 10% of gold's market value, and while the $250,000 milestone may not be reached by 2025, Butterfill sees Bitcoin steadily moving in that direction over time.

虽然 Butterfill 的 150,000 美元目标在 2025 年肯定是可能实现的，但他的长期预测更加雄心勃勃。未来几年，比特币最终可能会与黄金竞争全球储备资产的地位，一些人预测比特币可能会占据黄金 25% 的市场份额，这可能会将其价格推高至 25 万美元。目前，比特币约占黄金市值的 10%，虽然到 2025 年可能无法达到 25 万美元的里程碑，但 Butterfill 认为比特币将随着时间的推移稳步朝这个方向发展。

Institutional Adoption and Regulatory Developments

机构采用和监管发展

Bitcoin's price potential is closely linked to the regulatory environment in key markets, especially the United States. A supportive regulatory framework could pave the way for greater institutional adoption, which would further bolster Bitcoin's legitimacy and its place in the global financial system.

比特币的价格潜力与主要市场（尤其是美国）的监管环境密切相关。支持性的监管框架可以为更多的机构采用铺平道路，这将进一步增强比特币的合法性及其在全球金融体系中的地位。

Other crypto experts share similar bullish projections. For instance, Bitwise Asset Management predicts Bitcoin could hit $200,000 by the end of 2025, while Pantera Capital anticipates a more conservative $117,000 price point. Additionally, VanEck has offered a long-term outlook of up to $3 million per Bitcoin by 2050, driven by Bitcoin’s potential as a reserve asset.

其他加密货币专家也有类似的看涨预测。例如，Bitwise Asset Management 预测比特币到 2025 年底可能会达到 200,000 美元，而 Pantera Capital 预计更为保守的价格点为 117,000 美元。此外，由于比特币作为储备资产的潜力，VanEck 提出了到 2050 年每比特币价值高达 300 万美元的长期前景。

Bitcoin's Growing Role in Institutional Portfolios

比特币在机构投资组合中的作用日益增强

As institutional investors continue to warm up to Bitcoin, we're seeing its integration into traditional investment portfolios becoming more widespread. Leading financial firms, such as BlackRock, have suggested allocating 1% to 2% of traditional portfolios to Bitcoin, reflecting the growing acceptance of the cryptocurrency among mainstream investors.

随着机构投资者继续热衷于比特币，我们看到它越来越广泛地融入传统投资组合。贝莱德等领先金融公司建议将传统投资组合的 1% 至 2% 分配给比特币，这反映出主流投资者对加密货币的接受程度不断提高。

Moreover, countries like Russia, Japan, Switzerland, and the United States are exploring the establishment of national Bitcoin reserves, signaling broader geopolitical support for Bitcoin's long-term value.

此外，俄罗斯、日本、瑞士和美国等国家正在探索建立国家比特币储备，这表明比特币的长期价值将得到更广泛的地缘政治支持。

Conclusion: Bitcoin's Bright Future

结论：比特币的光明未来

While Bitcoin's short-term price trajectory remains uncertain, the long-term outlook is highly optimistic. With regulatory clarity and continued institutional adoption, Bitcoin could reach new price milestones, presenting the potential to rival gold as a global store of value. As the cryptocurrency ecosystem continues to mature, Bitcoin is likely to remain a focal point of both investor interest and market speculation in the years ahead.

尽管比特币的短期价格轨迹仍不确定，但长期前景非常乐观。随着监管的明确性和机构的持续采用，比特币可能会达到新的价格里程碑，成为与黄金竞争全球价值储存手段的潜力。随着加密货币生态系统的不断成熟，比特币在未来几年可能仍然是投资者兴趣和市场投机的焦点。