According to proto research, the price of Bitcoin (BTC) is expected to reach $210,000 by the end of 2025. This target is based on the continued influx of institutional investors, the scarcity of Bitcoin supply, and the increasing acceptance of crypto assets in the market. By the end of 2024, the price of Bitcoin is expected to approach $96,699, and then it will gradually rise with a stable monthly compound growth, experiencing multiple key resistance levels throughout the year, with a significant breakthrough anticipated in the second half of 2025. Market sentiment, macroeconomic policies, and the Bitcoin halving effect will be the core factors driving the price increase. Furthermore, the popularity of cryptocurrency investment products from mainstream financial institutions will inject more liquidity and confidence into the market. However, investors should remain vigilant about market volatility risks and allocate assets reasonably to cope with potential pullback scenarios.
