James Butterfill, head of research at CoinShares, predicts Bitcoin could peak at $150,000 or dip to $80,000 in 2025. Despite current market liquidations, he remains optimistic about BTC's future.
Butterfill mentioned that Bitcoin capturing 25% of gold's market share might be a long-term goal. Currently, BTC owns 10% of gold’s market value.
Pro-crypto policies in the US, such as those proposed by Trump, are critical to reaching these milestones.
Other firms like Bitwise and VanEck forecast higher BTC valuations, citing factors like institutional sentiment and national Bitcoin reserves in countries like the US and Japan.