H.C. Wainwright & Co., one of the oldest US investment banks, predicts that Bitcoin could surge to $225,000 by the end of 2025. This forecast, revised from their previous target of $145,000, is based on historical trends, macroeconomic factors, and the potential for improved digital-asset regulation in the US.
The bank highlights spot Bitcoin ETFs and increased institutional and corporate adoption as key growth drivers. H.C. Wainwright's models rely on global liquidity improvements and regulatory easing. However, the path to $225,000 might include volatile periods, with potential pullbacks to $70,000 in 1Q25.
Bitcoin's potential market cap could hit $4.5 trillion, representing 25% of gold's market cap. Although the forecast doesn’t account for the US adopting Bitcoin as a national treasury reserve, it suggests this could further boost prices.
H.C. Wainwright expects Bitcoin's dominance to decline to 45% by 2025, with the total crypto market reaching $10 trillion. The bank's predictions could lead to significant revisions for related Bitcoin mining companies.
