Steno Research Predicts Bitcoin Will Reach $150,000 by 2025
Steno Research predicts a strong performance for cryptocurrencies in 2025, forecasting Bitcoin to reach $150,000 and Ethereum potentially hitting $8,000. This outlook is based on favorable economic indicators, increasing institutional interest, and the rise of cryptocurrency ETFs.
The Crypto ETF Boom: A Game Changer?
Exchange-traded funds (ETFs) for Bitcoin and Ethereum are expected to significantly influence market dynamics. Bitcoin could see nearly $50 billion in net inflows as institutional investors engage with these products, while Ethereum may attract $28 billion due to similar trends.
Similar to 2024, we expect the U.S. crypto ETFs to take center stage once again in 2025, partly due to the direct buying pressure they generate and partly because they serve as a proxy for non-native crypto retail and institutional interest in the asset class.
We project that… pic.twitter.com/T8cs5gEbJy
— Mads Eberhardt (@MadsEberhardt) December 30, 2024
Regulations And Macroeconomics: The Perfect Storm
Supportive regulations are crucial to the optimistic outlook. Global shifts in government sentiment towards digital assets enhance cryptocurrencies' prospects. Bitcoin's price growth correlates with increased acceptance as a legitimate asset class, supported by favorable macroeconomic conditions.
In 2025, macroeconomic factors are expected to favor cryptocurrencies. Their appeal as an inflation hedge and store of value boosts investor confidence. Mainstream investors may increasingly consider Bitcoin for long-term portfolio diversification, while Ethereum’s capabilities in decentralized finance and smart contracts enhance its attractiveness.
Analysts suggest that rising consumer and institutional demand may drive Bitcoin's price higher, while Ethereum's utilization in DeFi and NFT markets indicates potential for price increases.
Is 2025 The Year Of Cryptocurrency?
Steno Research's forecast for 2025 is positive but carries risks from regulatory changes, market volatility, and economic conditions. Nevertheless, Bitcoin and Ethereum have substantial potential for growth if current trends persist. Predictions suggest a shift towards mainstream adoption of cryptocurrencies, facilitated by new financial products and ETFs that simplify institutional investment.
As the new year begins, questions arise about whether 2025 will be a landmark year for cryptocurrency or merely another speculative phase.
Featured image from Dall-E, chart from TradingView