Bitcoin Bull Run Expected by Traders in 2025

According to a local advisory, traders are feeling hopeful about a potential Bitcoin bull run in 2025. They see a few key factors that could drive up the price of Bitcoin next year, including potential interest rate cuts by the Federal Reserve and increased demand from institutional investors.

The price of Bitcoin recently hit a new record high of $98,000 on November 21. This surge was fueled by optimism surrounding Donald Trump’s support for cryptocurrency, which has led to expectations of a positive shift in regulations in the US.

Peerapat Hankongkaew, the chief investment officer of Cryptomind Advisory, believes that if conditions continue to support market confidence, such as lower interest rates, the price of Bitcoin could hit $100,000 in the near future. Cryptomind Advisory has been predicting price increases for Bitcoin based on various positive factors each year.

While the current assessment of Bitcoin’s price is stable, there may be some profit-taking in the short term. However, Mr. Peerapat advises investors who already own Bitcoin to hold on and wait for supporting factors like interest rate cuts and a weakening dollar.

Looking ahead to 2025, Cryptomind sees the potential for Bitcoin to break through $100,000 and reach a resistance level of $115,000, followed by a correction before potentially surging to $180,000. This bullish outlook is contingent on factors like interest rate cuts and favorable policies for crypto from Trump.

It’s important for investors to stay informed about Bitcoin news and use that information to make investment decisions, as the crypto market is highly volatile and carries significant risk. So, while a Bitcoin bull run in 2025 may be on the horizon, it’s essential to approach investments in this space with caution and diligence.