As the end of the year approaches, the market is full of expectations and disagreements about Bitcoin's performance in the coming years. MicroStrategy co-founder Michael Saylor disclosed that the company holds 444,000 Bitcoins, worth approximately $41.4 billion, and hinted at further purchasing plans. El Salvador continues to increase its holdings, with Bitcoin reserves exceeding 6,000 coins, valued at $569 million. However, Bitcoin struggles to maintain the $100,000 support level, and sideways movements are increasing market uncertainty.
Crypto strategists predict that the Bitcoin bull market may end in a high-profile manner. Blockware Solutions expects Bitcoin to rise to between $150,000 and $400,000 by 2025, driven by optimistic forecasts influenced by Federal Reserve policies, corporate adoption, and Trump's strategic Bitcoin reserve plan. NBA legend Scottie Pippen is even bolder, pointing to the next key target price for Bitcoin as $1 million. However, the market is not entirely optimistic. Some analysts warn that Bitcoin may face short-term corrections, even dropping to $76,000. In addition, Bill Gates continues to express skepticism about Bitcoin, criticizing its lack of productivity and considering it a risky asset class. Whether the U.S. will incorporate Bitcoin into its financial reserves remains controversial, and the balance between dollar hegemony and cryptocurrency opportunities is yet to be observed.
In the Ethereum market, futures data shows that selling pressure is easing, and signs of recovery are emerging. Meanwhile, after transferring 200,000 ETH to Kraken, some dormant old-school crypto wallets have reactivated, signaling hope in the crypto market amid volatility. The crypto world remains filled with uncertainties, but it also indicates that the next transformative moment is approaching.