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The Bull Run Continues; Bitfinex Projects $200,000 Bitcoin Price in 2025
In a recent report by Bitfinex, the digital asset exchange has made a bold prediction regarding the future price of Bitcoin. According to the report, Bitcoin’s price is expected to reach a staggering $200,000 in 2025.
This prediction comes as no surprise, given the current market trends and conditions. As the year comes to a close, it appears that the bull run for Bitcoin is far from over. In fact, many are expecting a post-halving rally that could send prices skyrocketing even higher.
According to the report, institutional demand is expected to continue its upward trend in 2025, with inflows reaching new highs. This is largely due to the approval of spot Bitcoin ETFs this year, which has seen over $37 billion in funds attracted so far. It’s likely that this trend will continue into next year.
Cycle indicators such as MVRV and NUPL also point to a continued bull cycle for Bitcoin, with significant price gains expected in the short term. While some may be hesitant to make long-term predictions based on these indicators alone, many are expecting a reasonable jump in price between $150k to $200k over the coming year.
The report goes on to suggest that traditional market dynamics should not be applied to cryptocurrency markets, and as such, any attempts to predict future prices based solely on historical trends may not accurately reflect the present situation. Instead, it’s likely that we’ll see a continuation of the current trend, with no signs of slowing down anytime soon.
Furthermore, Bitfinex expects an unprecedented rally in 2025 due to the global economic situation and US laws.
Source: zycrypto.com
