Bitcoin's Price Trajectory: Could It Hit New Highs in 2025?

By: Eliza Bennet

The conversation around Bitcoin's potential future price highs continues to gain momentum. Eric Trump recently stirred discussions with his prediction that Bitcoin will inevitably hit the $1 million mark. This bold statement comes amidst various forecasts suggesting possible peaks below this ambitious figure. Analysts and crypto enthusiasts attribute these optimistic views to increasingly institutional adoption, digital scarcity, and the broader acceptance of cryptocurrencies.

Notably, multiple analyses using on-chain metrics point to significant upcoming price milestones for Bitcoin. The MVRV (Market Value to Realized Value) Price Bands, a reliable indicator of Bitcoin's long-term cycle peaks, reveal a potential climb to as high as $183,000 by August 2025. Historically, this model accurately marked floor prices during market lows and ceiling prices at cycle highs, reinforcing its credibility. Analyzing the cost basis trends on platforms like Binance further suggests an upward trend, as investors continue to accumulate, seeing resilience in Bitcoin's price despite occasional minor corrections.

The implications of Bitcoin's illiquid supply on market exchanges are another strong factor contributing to these forecasts. Binance data reflects historically high levels of Bitcoin's illiquid supply, underpinning a potential move towards the $150,000 mark by the end of 2025. This scarcity, paired with market conditions described as a "fragile bull run," portrays a complex yet bullish picture for Bitcoin. The current state sees Bitcoin valuation supported by long-term holdings but also subjected to volatility if significant sell-offs occur.

Moreover, ongoing analyses by market observers emphasize the cyclical nature of Bitcoin's price performance. Predictions by analysts like Frank Fetter suggest Bitcoin could reach highs of $256,000 by December 2025, drawing from historical cycle data. Despite recent fluctuations, the outlook for Bitcoin remains predominantly optimistic, with both historical data trends and current market behavior setting the stage for potential record-breaking gains in the years ahead.