Bitfinex: Bitcoin could hit $200k by mid-2025 with mild price corrections
Bitfinex analysts believe Bitcoin could reach between $140,000 – $200,000 by mid-2025 “Consistent buying pressure” with ETFs will see future Bitcoin price correction “shorter in duration” If Bitcoin follows the 2021 cycle, it has the potential to reach $339,000 Bitcoin could surge to $200,000 under “favorable conditions,” according to a new report from Bitfinex analysts. In its Bitfinex Alpha report, published on December 16, analysts noted that Bitcoin has achieved unprecedented milestones in 2024, surpassing a $2 trillion market capitalization and reaching a new all-time high of above $100,000. The analysts added that Bitcoin exchange-traded funds (ETFs) have emerged as a dominant force, with US spot ETF inflows reaching $35.5 billion. “Looking ahead, we believe the current run-up to over $100,000 has captured a significant portion of Bitcoin’s price appreciation for this cycle,” the analysts wro...