Bitcoin on Track for USD 100,000 in 2025

[blacky90]

By 2025, bitcoin (BTC) still could add another zero to its price, according to Bloomberg Intelligence, while they also claim that it's possible for the price to get closer USD 14,000 again already this year.

In their latest Crypto Outlook, Bloomberg Intelligence's senior commodity strategist, Mike McGlone, wrote that "bitcoin has a history of adding zeroes." Bitcoin's price could continue appreciating on the back of increasing adoption, as it has done so far, but this would happen at a slower pace.

Still, by 2025, we could see bitcoin reach those previously predicted highs. The report explained that,

"The first-born crypto has had a tendency to add zeros to its price from around [USD] 10 in 2011. It took about four years to go from [USD] 1,000 to [USD] 10,000 in 2017, so doubling that time frame for maturation could get the price toward [USD] 100,000 in about five more years."

Failure is also an option, added the report, and it can't be known what specific catalyst might prompt bitcoin to jump to the said new highs, however, demand vs. supply metrics remain price-positive. "Most demand and adoption measures indicate bitcoin is more likely to stay on its upward path," McGlone said.

https://cryptonews.com/news/bitcoin-on-track-for-usd-100-000-in-2025-bloomberg-intellig-8014.htm

[Lucius]

There is nothing new in this article, just speculation as to what might happen in the future if the past repeats itself. The observation that the price of BTC adds one 0 every 5 years is certainly interesting, but it seems to me personally that the next 0 could arrive before 2025 because institutional money has started to flow in, and it is possible that a strong trend will be created. The fact is that there are trillions of dollars that are not currently invested, and it is also a fact that American companies in particular are increasingly interested in BTC for fear of what will happen to the American economy and their currency.

So we have post-halving time, we have a justified fear of ordinary people and investors that the pandemic and recession will cause huge problems, and more than obvious interest in finding safe haven in Bitcoin. Personally, it is not unrealistic for me to expect at least x10 growth in the next bull run, and I think that we will not wait for that until 2025, but it will happen sooner.

[NeuroticFish]

As Lucius said, it's not really something worthy in this article. Maybe only the disappointment of some that 100k is "planned" (speculated) for 2025 instead of 2021.

[royalfestus]

We all know the 100k is coming but nobody knows when and I also feel 2025 is too far prediction time. If bitcoin is a 4 year cycle that includes the parabolic bull market, we have less than 24 months for the parabolic market and as usual it is the short period of fantasy in the cycle before the next bear market. The cushion effect of staking is what am watching for in the cycle, will deliver and reduce the dump in the bear market?

[Renampun]

Bitcoin goes to $ 100k for me it will definitely happen...
but one thing is certain, we don't know when the time is!! I read the article and I thought it was good writing, hopefully, what was predicted would come true.

[cr1776]

If it takes until 2025, that would be shocking given the number of new players coming into the market every day. 

Bloomberg is, of course, just guessing and has no earthly idea when it will happen.  No one does. 

What is never included with these articles is a track record for the analyst.  Most of them are wrong more than half the time, so it wouldn't surprise me if this analyst was wrong here too.  Not wrong on the price, wrong on the timing.

He doesn't show up on TipRanks since perhaps they don't track this market yet.  ( https://www.tipranks.com/no-results?term=Mike%20McGlone )

[Yaunfitda]

We might as well read this thread: Stock-to-Flow Model: Modeling Bitcoin's Value with Scarcity.

Nothing new in the article, we have been predicting that bitcoin will break 6 digits or even 7 digits in the future, just a matter of time.

[kotajikikox]

2025 is far too long for me because 5 years is more than enough to make the price of Bitcoin multiplied by 5 from the price these days.

the girl in pict climbing the rocks harder but Seems like she can reach the top in a day,while bitcoin may Hit this 100k price in a year from now.

As Lucius said, it's not really something worthy in this article. Maybe only the disappointment of some that 100k is "planned" (speculated) for 2025 instead of 2021.

Well at least looks more truthful in taking for 5 years instead of 1 year from now,But no one knows because some times speculation brings fortune while sometimes brings losses.

[Fundamentals Of]

This is free speculation. 2025 may not be that far but as far as Bitcoin's price is concerned, everything seems very possible. But that does not only mean that Bitcoin is on track to $100,000. It could also mean Bitcoin would just remain at $20,000 plus, or just around $50,000, or even $10,000, or perhaps even lower. Bitcoin is so much unlike the currencies that we used to know in our lives which are very predictable because their designs are more or less dependent on tangible factors which are computable and even determined.

[crwth]

I don't know but adding the name Bloomberg + Intelligence makes a convincing argument about BTC price. Lol. 

Kidding aside, I'm all in for the optimism in the possible future of bitcoin. If it goes to 100k per coin, why not? If it becomes 1K, it's ok as well. A lot of people are counting on its price to become stable but we will see. It's still hard to determine what comes next but as long as you are investing on it, why not?

Speculation is speculation.

[DeathAngel]

2025 is a bit bearish imo, I think we have a high possibility to hit $100,000 by the end of 2021. If bitcoin follows the path of previous cycles then we will hit $100,000 before 2022.

[STT]

I was looking at a neat graph similar to that trajectory, seems to be saying to increase 10x it could be about 2 years time which to me sounds bonkers.  I showed it to someone studying maths and they said well in two years it'll fall off the rails or look alot less neat.

Bitcoin's price could continue appreciating on the back of increasing adoption, as it has done so far, but this would happen at a slower pace.

I need further proof thats happening and BTC has a positive spread and helping efficiency of those who adopt it, if that is the case then its bullish for sure.  If we merely rely on dollar to continue value decline then performance could be erratic as BTC competes with every other asset possibility and even alternate FIAT standard.

[pooya87]

for price to be stable above $100k 2025 seems like a good estimate since it is about 5 years from now but to reach that as a new record (or ATH) then 2025 is a very far away time. such price should be reached in the next bubble which would most probably take place in 2021 (next year).
similar to all the previous bubbles, we will see a new unrealistic high price (like $20, $100, $220, $1200, and finally $19800) this time closer to $100k or maybe even higher then it pops while price drops another 70 to 80%. this trend has already started and it can conclude in a year from now.

[el kaka22]

2025 is far far down the line and we can't see what will happen that much further down the road from today. We can't even imagine what is going to happen with crypto next year, but we know that crypto is working towards building a whole new ecosystem right now with things like defi and dex and many things like that, people are trying to build something that would allow you and me to not ever working with a bank ever again, they are working on cards that would allow you to spend anywhere you go with big exchanges, so all in all world is going more crypto.

If that type of thing happens and everything becomes more decentralized in the world, I would assume even before 2025 we could reach 100k, but for that to happen this new technology needs to be adopted at mass.

[Oasisman]

for price to be stable above $100k 2025 seems like a good estimate since it is about 5 years from now but to reach that as a new record (or ATH) then 2025 is a very far away time. such price should be reached in the next bubble which would most probably take place in 2021 (next year).
similar to all the previous bubbles, we will see a new unrealistic high price (like $20, $100, $220, $1200, and finally $19800) this time closer to $100k or maybe even higher then it pops while price drops another 70 to 80%. this trend has already started and it can conclude in a year from now.

I also have a little faith in me that Btc might hit the "almost" impossible price range in 2021.

I'm too lazy to read the whole speculative discussions way before 2017 bullrun, did a lot of people predicted Bitcoin to reach $19k? Because bullish speculations may help Btc to reach new ATH.
2025 is still far, and there's still a lot of things to happen and price changes as well. Who knows we might be able to see $100k just before 2025.

[Harlot]

Compared to the other Crypto Outlook spotlight they have for Bitcoin this one is a more detailed one as compared to the other one where their analyst looks like someone who is attempting to hype Bitcoin up. This time they gave you a more specific reason on why they think Bitcoin is going above but the wrong thing about this is they based their analysis on "history" where I don't think that it can be an accurate tool of predicting where Bitcoin is going. There reasoning behind why they think it will go to 100,000$ is because they saw that Bitcoin has a history of adding "zeroes" in its value which I think has nothing to do with Bitcoin reaching an even higher price above 20,000$.

[jossiel]

The pattern that was said of adding zeroes could be relevant but it couldn't be as well. As usual, bitcoin is an speculative asset and those patterns and analyses that we're hearing from different authors through their articles can make it enthusiastic.

But I believe that we will see bitcoin hitting $100,000 but with an unknown year. I just wish that whenever the time comes, most of us here are still holding it and can have a sweet celebration if that happens.

[peter0425]

https://cryptonews.com/news/bitcoin-on-track-for-usd-100-000-in-2025-bloomberg-intellig-8014.htm

Speculation is indeed what we have these days ,but talking about 5 years from now?i think everything is possible specially about reaching a 100k$ when we already did 20k in the past.
for the Holder this is enough time to accumulate more Bitcoin.

2025 is a bit bearish imo, I think we have a high possibility to hit $100,000 by the end of 2021. If bitcoin follows the path of previous cycles then we will hit $100,000 before 2022.

actually it is 2024 that we are expecting a Hype since it is another Halving will happen that year.

[Fundamentals Of]

Speculation is indeed what we have these days ,but talking about 5 years from now?i think everything is possible specially about reaching a 100k$ when we already did 20k in the past.

We had $20,000 in the past. That was approximately 3 years ago. And yet ever since that ATH was reached, never did it once occur for Bitcoin's price to hit the same price again. It is possible for the ATH to be seen again within the year though.

But the whole point is it will probably take Bitcoin more than 3 long years before it recovers from the decrease in price from its ATH which happened quite a long time ago. So it is a bit hard to imagine for Bitcoin's price to multiply five times in just 5 years.

[carter34]

But I believe that we will see bitcoin hitting $100,000 but with an unknown year. I just wish that whenever the time comes, most of us here are still holding it and can have a sweet celebration if that happens.

$100,000 in my view is still a long time to come. The times will come but nobody knows when just as it happened in 2017 and many smiled and others were trapped into it. The buying and hodling of bitcoin now is a good investment.