According to Standard Chartered analyst Jeff Kendrick, bitcoin's fall earlier this year will trigger a new rally to $120,000 this quarter amid investors' strategic exit from US assets.
According to Standard Chartered analyst Jeff Kendrick, bitcoin's fall earlier this year will trigger a new rally to $120,000 this quarter amid investors' strategic exit from US assets.
Bitcoin prices keep rising as Donald Trump attempts to bring global trade tensions under control. The US President also stated his refusal to dismiss Fed Chair Jerome Powell. Trump's previous comments in this regard have triggered strong negative reactions from both officials and investors.
The European Central Bank (ECB) and the European Commission are striving to reach an agreement on cryptocurrency regulation across the bloc's member states. This effort is intensified by the aggressive promotion of the US digital token sector under the Donald Trump administration.
In January 2025, the Bitcoin price exceeded $109,000, setting a new all-time high, according to CoinMarketCap. Unlike past cycles, where similar growth took roughly 1.5–2 years, this rally was achieved in just 273 days post-halving.
Bitcoin may face increased volatility this week amid weak macroeconomic statistics from the US. The Conference Board's Leading Economic Index (LEI) points to a continued downturn, reinforcing fears of slowing GDP growth.
According to Bloomberg, bitcoin climbed to its highest price since Donald Trump's announcement of new import tariffs on April 2. The rebound came amid a decline in the dollar on renewed concerns about the US president's attempts to dismiss Federal Reserve (Fed) Chairman Jerome Powell.
Michael Turpin, founder of Transform Ventures, predicted a significant rise in the value of Bitcoin in an interview with TheStreet RoundTable. In his opinion, the price of the largest cryptocurrency could reach $150,000 to $250,000 by the end of 2025, and $1 million by 2033.
According to crypto-industry veteran Anthony Pompliano, founder and CEO of Professional Capital Management, lagging of bitcoin behind gold may soon be over. He says historical trends point to an impending surge in the main cryptocurrency's profitability.
Investors are now turning back to gold as their key safe-haven asset, JPMorgan said in a report released Thursday. The bank noted that significant capital is moving out of Bitcoin into exchange-traded funds (ETFs) and precious metals derivatives.
Despite Bitcoin's $872 billion capitalization, investors are becoming extremely cautious on the digital asset. Although the blockchain remains stable, the crypto's modest monthly growth of just 0.9% suggests that the market may be nearing saturation and could enter a consolidation phase.
China has seen an increase in cryptocurrencies seized from illegal transactions. The ban on token trading on the mainland and the lack of clear legislation on handling confiscated cryptocurrencies prompted local governments to use private companies to sell forfeited assets.
Bitcoin is the first and most commonly used cryptocurrency in the world. It holds a prominent place in the digital economy and draws the attention of traders and investors. High volatility and a wide range of influencing factors make the forecasting of its price complicated and requiring complex analysis.
Successful bitcoin trading is based on analyzing market trends, fundamentals, and technical factors.
Key elements that determine the value of bitcoin include:
Major investors and funds also have a considerable impact on the movement of bitcoin prices. Their massive purchases or sales can cause sharp fluctuations in the exchange rate. In addition, the general sentiment in the crypto market determines the dynamics of BTC, creating periods of high activity and deep corrections.
Forecasting the price of bitcoin is a complex task, as it is formed under the influence of many factors. Successful trading strategies and investment decisions require a thorough analysis of the macroeconomic situation, politics, and investor sentiment.