The BTC price has been on the fly recently, skyrocketing to flirt with its recent highs in the $107k to $111k zone. But top analysts say that BTC is just warming up, predicting it could easily smash $250k amid huge institutional inflows and pro-crypto developments in the U.S.
Let’s examine what’s likely to happen as the BTC ushers the crypto market into its next leg up and one notable crypto gem that has been dominating the market’s attention in recent weeks.
Bitcoin reached a high of $109k in January in a massive post-election rally following the election of pro-crypto president Donald Trump. After a deep pullback to the $74k region, Bitcoin is at it again, skyrocketing nearly 50% in the past two months to print a new ATH in the $111k zone.
Source: CoinMarketCap
The crypto bellwether is now up over 55% year-to-date as its market cap rolls to a cool $2.13 trillion. Though BTC is expected to slow down and accumulate near its recent highs, analysts predict it could pull another massive rally toward new heights.
One market pundit, Fred Krueger, posits that BTC could scale new heights in the $150,000 to $600,000 zone in 90 days!
While $600k might be overambitious, data-driven BTC price predictions from CoinCodex spell a bright future for the crypto king. According to the data, BTC is forecasted to remain bullish through 2025, potentially pulling another 67% upsurge to print a new ATH in the $180k zone!
Surging institutional inflows are cited as the major bullish factor likely to drive BTC to these new price thresholds. In May, investors poured a landmark $3.6 billion into spot Bitcoin ETFs, highlighting strong institutional confidence in BTC’s prospects.
Companies like Metaplanet and MicroStrategy have also been going big, continuing their aggressive accumulation spree with a recent purchase of $870 million in BTC. Recently, Metaplanet issued $15 million in zero-interest bonds to facilitate its acquisition of 21,000 BTC as MicroStrategy’s Bitcoin stash reaches 576,230!
Bitcoin is also expected to draw significant momentum from the pro-crypto White House. Since President Trump vowed to make the US the crypto capital of the world, several states have been racing to pass Strategic Bitcoin Reserve Bills to pave the way for Bitcoin’s integration into government financial systems.
In fact, analysts view this current bull cycle as stable and structurally sound, associating it with improving crypto regulations in the US. Supportive crypto policies have sparked interest from traditional financial institutions. Even Jamie Dimon recently said that JPMorgan will start allowing Bitcoin investments!
The insane interest from institutional investors and pro-crypto regulatory developments in the U.S. make a $250 price target appear like small potatoes for BTC. But even if Bitcoin hits that target, it will just be a 133% yield.
That’s big for institutions investing billions; crypto shrimps looking to turn $1000 into $100,000 are better off using BTC to gauge market direction and then turning to low-cap presale gems like RTX, which is predicted to skyrocket over 100x if BTC hits $250k.
This emerging cross-border payments token is tipped to shake the massive $190 trillion cross-border settlements market. It provides a groundbreaking crypto-to-fiat payment network that facilitates real-time international money transfers at low costs.
To date, whales have pumped in over $15.3 million into the Remittix presale, stockpiling over 539 million RTX tokens. Selling for $0.0781, your chance for financial freedom comes with this undervalued growth beast!
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