{"id":130174,"date":"2025-05-28T14:15:40","date_gmt":"2025-05-28T14:15:40","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=130174"},"modified":"2025-05-28T14:15:40","modified_gmt":"2025-05-28T14:15:40","slug":"bitcoin-price-will-reach-130k-or-even-1-5m-top-bulls-say","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=130174","title":{"rendered":"Bitcoin price will reach $130K or even $1.5M, top bulls say"},"content":{"rendered":"<p>Source: Cointelegraph.com NewsTop Bitcoin (BTC) bulls in 2025 have updated their price forecasts, and they range from a relatively cautious $130,000 to seven-figure moonshots.<br \/>\nFamiliar doubters like gold bug Peter Schiff and economist Nouriel Roubini continue to predict a catastrophic ending for the world\u2019s largest cryptocurrency. Meanwhile, Bitcoin spent the year with record-breaking rallies behind renewed institutional uptake.<br \/>\nIt set a new all-time high of $111,970 on May 22 and has been trading near that level since, teasing investors with the possibility of a new ceiling.<br \/>\nHere are some of the boldest Bitcoin price predictions from the first half of 2025 (so far).<br \/>\nBitcoin has stormed back since dropping to 2025 lows of $76,300 in April. Source: CoinGecko1. Adam Back says Bitcoin tops $1 million if US jumps in<br \/>\nBlockstream CEO Adam Back said in November that Bitcoin could break $1 million \u201cthis cycle\u201d if the US follows through with plans to establish a Strategic Bitcoin Reserve. In March, the White House did just that, though it has yet to be codified into law by Congress.\u00a0<br \/>\nThe Bitcoin Reserve Act treats the world\u2019s first blockchain-based cryptocurrency as a digital gold-style reserve asset, using coins seized from criminal cases.<br \/>\nBack says the $1 million prediction is the minimum target if the stars align. Source: Adam BackUS states have started laying the groundwork. New Hampshire broke the ice on May 6 by signing a Bitcoin reserve bill into law. Later in the month, Texas lawmakers advanced a bill to establish a strategic cryptocurrency reserve, backed by Governor Greg Abbott.<br \/>\nSpeaking with Cointelegraph Magazine, Back gave a 2025 price target of \u201ca few hundred thousand\u201d dollars, citing renewed retail demand once roughly $16 billion in FTX bankruptcy repayments re-enter the market. He added that he is confident many of those investors will cycle back into the crypto market to fuel the next big rally.<br \/>\n2. Smart money agrees on Bitcoin\u2019s year-end target<br \/>\nSeveral analysts have set $200,000 as their target for Bitcoin in 2025. Geoff Kendrick, global head of digital assets at Standard Chartered, has been one of the leading voices.<br \/>\nKendrick said in an email note seen by Cointelegraph that Bitcoin is expected to hit $120,000 in the first half of 2025 en route to $200,000 by year-end, fueled by the rise of stablecoins.<br \/>\nRelated: A Bitcoiner\u2019s guide to South Africa\u2019s Garden Route<br \/>\n\u201cThe US Senate\u2026 voted 66-32 to advance the GENIUS Act,\u201d Kendrick wrote in the email note. \u201cThe point of the stablecoin Act is that stablecoins will further legitimise the whole asset class. All boats will rise.\u201d<br \/>\nStandard Chartered is closely watching the growth of stablecoins as a potential catalyst for Bitcoin\u2019s price rise. Source: Standard Chartered ResearchDuring a recent Chain Reaction X Spaces show hosted by Cointelegraph, other analysts weighed in with their 2025 outlooks. Andr\u00e9 Dragosch, head of European research at Bitwise, agreed with Kendrick\u2019s $200,000 year-end target. Markus Thielen added that Bitcoin has historically moved in $16,000 price increments, placing its next key resistance around $122,000.<br \/>\nAnthony Scaramucci, founder of SkyBridge Capital and former White House communications director, also recently set his year-end target at $200,000 in a media interview.<br \/>\n3. Novogratz eyes Bitcoin\u2019s next price discovery range<br \/>\nFormer Goldman Sachs partner and Galaxy Digital founder Mike Novogratz remains one of the most prominent Bitcoin bulls in finance.<br \/>\nNovogratz built a personal fortune through early investments in Bitcoin and Ether (ETH), though he also famously backed the failed algorithmic stablecoin project that led to the multibillion-dollar collapse of the Terra ecosystem.<br \/>\nRelated: Coinbase in S&amp;P 500: More crypto firms to come?<br \/>\nFollowing Galaxy Digital\u2019s recent public listing, Novogratz appeared on CNBC to share his latest Bitcoin outlook. Compared to other bullish forecasts, he offered a relatively modest target ranging from $130,000 to $150,000, citing strong institutional flows, a weaker dollar and growing demand for digital assets as key drivers.<br \/>\nNovogratz presents Bitcoin\u2019s short-term price targets following Galaxy Digital\u2019s May 16 public listing. Source: CNBC\u201cWe had a euphoric top right around the inauguration,\u201d Novogratz said. \u201cNow, it looks like we\u2019ll take out [$106,000-$108,000] and make the next flight to [$130,000-$150,000] and at that point you\u2019re in price discovery.\u201d<br \/>\n4. Cathie Wood\u2019s $1.5-million Bitcoin target<br \/>\nCathie Wood, CEO and chief investment officer of ARK Invest, set her bull case forecast for Bitcoin at $1.5 million by 2030, which would require a compound annual growth rate of 58% over the next five years.\u00a0<br \/>\nIn a YouTube video published in February, she cited rising institutional interest as the key driver. Wood and ARK Invest are known for placing high-conviction bets on disruptive technologies, including early investments in Tesla and Bitcoin.<br \/>\nWood also highlights stablecoins as a key player in rising blockchain-based economies. Source: ARK Invest<br \/>\nRobert Kiyosaki, author of Rich Dad Poor Dad, gave another seven-figure call, but over a longer timeline than Wood.<br \/>\nIn an April 18 X post, he said that Bitcoin will have broken $1 million by 2035, alongside gold at $30,000 and silver at $3,000 per coin.<br \/>\nKiyosaki\u2019s 2025 prediction sits at $250,000 per Bitcoin. Source: Robert Kiyosaki5. Bitcoin to $250,000 by year-end if the Fed pivots to QE<br \/>\nBitMEX co-founder Arthur Hayes said Bitcoin could soar to $250,000 in 2025 if the US Federal Reserve resumes quantitative easing (QE).\u00a0<br \/>\nWriting in April, Hayes argued that Bitcoin is driven by expectations of fiat supply growth, and the Fed\u2019s shift from quantitative tightening (QT) to easing would trigger a major rally.<br \/>\nThe DXY US dollar index is down 8.20% year to date. Source: TradingView\u201cIf my analysis of the Fed\u2019s major pivot from QT to QE for treasuries is correct, then Bitcoin hit a local low of $76,500 last month, and now we begin the ascent to $250,000 by year-end,\u201d he wrote.<br \/>\nMagazine: 10 crypto theories that missed as badly as \u2018Peter Todd is Satoshi\u2019<a href=\"https:\/\/cointelegraph.com\/news\/bitcoin-price-top-bulls?utm_source=rss_feed&amp;utm_medium=rss&amp;utm_campaign=rss_partner_inbound\" target=\"_blank\" class=\"feedzy-rss-link-icon\" rel=\"noopener\">Read More<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Source: Cointelegraph.com NewsTop Bitcoin (BTC) bulls in 2025 have updated their price forecasts, and they range from a relatively cautious $130,000 to seven-figure moonshots. Familiar doubters like gold bug Peter&hellip; <\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[5],"tags":[],"_links":{"self":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/130174"}],"collection":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=130174"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/130174\/revisions"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=130174"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=130174"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=130174"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}