Demand from financial institutions can push the price of bitcoin (Btc) as high as $ 200,000 per coin in 2025, according to two research reports reviewed by Cointelegraph.
Analysts from standard chartered and intellectia AI said the institutional demand of Bitcoin from funds exchanged by the exchange (ETF) and entrepreneurs seeking to open up against the macroeconomic risk could cause Bitcoin prices to be more than double this year.
“While the forecast is optimistic, it is also conditional. Any black swan – from a major regulation clampdown to a geopolitical event – can interfere with trajectories,” Fei Chen, the chief investment strategy of Intellectia AI, told cointelegraph.
Related: US Bitcoin ETFS Clock Largest Flowing From January As Crypto Marketing Got
Bullish sentiment
Reports will come while Bitcoin broke $ 90,000 on April 22 The first time in six weeks.
Price action followed the Largest Net -Daily Net In US spot bitcoin ETFs from January.
11 US funds spots collectively pulled over $ 380 million in net inflows on April 21, according to coinglass Data.
Intellectia AI said institutional demand drivers – including consumers and corporate bitcoin consumers such as Coinbase and Kraken – can continue to push positive price action.
Corporate Bitcoin Treasury holds about $ 65 billion worth of BTC, according to Data from bitcointreasuries.net.
Pag -Hedging or imagining -haka?
Gold and BTC “appear to have become more important components of portfolios of structural investors” as they continue to look Hedge against the risk of geopolitical and inflationInvestment Bank JP Morgan said in a research note in January.
However, The touch of bitcoin with gold – Historical a preferred fence against macroeconomic uncertainty – has been low since US President Donald Trump announced sweeping the import tariffs on April 2, Binance Research said on April 7.
In fact, bitcoin is closer to the equities, Binance said.
Paradoxically, the prolonged ETF flow can reduce the status of Bitcoin as a macroeconomic hedge, which removed one of the attractive -attractive properties for institutions, Spencer Yang, a major contributing to the Crypto fractal infrastructure project, told cointelegraph.
“Despite the growing interest of the institutional, the long-term resilience of Bitcoin cannot be secured by the balance sheet balances-it depends on real use,” Yang said.
“This means that people are really transacting, building, and experimenting with the network -not just holding BTC as a speculation.”
Magazine: Financial nihilism finished in crypto – it’s time to dream again big
