Matrixport Forecasts Bitcoin Price to Reach $160,000 by 2025
Matrixport's recent report forecasts that Bitcoin price will reach $160,000 by next year. Currently, Bitcoin is trading at $100,255.98, reflecting a 0.71% decline over the last 24 hours. This prediction implies a required increase of over 50% from its current level, supported by ongoing demand for Bitcoin Exchange Traded Funds (ETFs), macroeconomic developments, and an expanding global liquidity pool. Additionally, the Greed and Fear Index suggests a potentially shorter consolidation phase for Bitcoin.
Matrixport on Institutional Adoption
Matrixport noted substantial growth in Bitcoin since November, highlighting its ability to exceed key price projections this year. This trend has benefited institutional investors adopting Bitcoin through ETFs. The firm anticipates increased market entry by investors in 2025 and recommends a Bitcoin allocation of 1.55% for optimal diversification and portfolio stability.
#MatrixOnTarget Report📊 – Dec 13: #Bitcoin 2025 Target: $160,000 #Matrixport #Crypto #cryptomarket #MarketWatch #CryptoInvestors #BTC pic.twitter.com/hAjFPdq87U
— Matrixport Official (@Matrixport_EN) December 13, 2024
This allocation aligns closely with BlackRock’s suggested 2% investment in Bitcoin within multi-asset portfolios, recommending clients consider allocating 1-2% of their overall traditional portfolios, which typically comprise 60% stocks and 40% bonds, to Bitcoin.
As Bitcoin's institutional adoption increases, its supply on centralized exchanges decreases. On December 12, Bitcoin supply on CEXs fell below 2.23 million BTC. Meanwhile, US spot Bitcoin ETFs hold over 1.1 million BTC, surpassing holdings attributed to Satoshi Nakamoto, the coin's original creator. Notably, BlackRock’s iShares Bitcoin Trust ETF (IBIT) alone holds more than 500,000 BTC, experiencing significant inflows alongside other issuers.