Bitcoin Forecast by Cosmic Experts Sets $185,000 as Potential High
In the world of cryptocurrencies, predictions for the future are always a topic of interest. Here are some of the latest projections for Bitcoin and other digital assets, as reported by Galaxy Research.
Bullish Outlook for Bitcoin
Galaxy Research predicts that Bitcoin could reach $150,000 by Q1 2025, with the potential to surge up to $185,000 by the end of 2025. This forecast is part of a broader bullish outlook for major cryptocurrencies.
The report also suggests that Bitcoin could rank among the top-performing assets when adjusted for risk in 2025. The total value locked (TVL) in Bitcoin-based decentralized applications is projected to double, and at least one leading asset management platform is expected to recommend a Bitcoin allocation of 2% or more.
Institutional Adoption and Government Recognition
Institutional adoption and recognition by various governments are key drivers of Bitcoin's projected growth. In 2024, Bitcoin ETPs collectively took in more than $36 billion in net inflows, indicating a growing interest from institutional investors.
By 2025, the total AUM for spot Bitcoin ETFs is predicted to reach $250 billion. Interestingly, Bitcoin-based exchange-traded products are only 19% behind the AUM of physical gold funds, a year after being approved in the U.S.
Other Cryptocurrencies and Market Developments
Ethereum is also expected to see significant growth, with Ethereum potentially breaking the $5,500 mark and seeing its staking rate exceed 50% during the same period. Over half of the top 20 publicly traded miners are projected to transition to or partner with hyperscale data centers, AI firms, and high-performance computing specialists.
Five Nasdaq-100 companies are projected to establish Bitcoin reserves. Dogecoin, the meme-inspired cryptocurrency, is predicted to "finally hit $1."
Cautionary Notes
While the outlook for Bitcoin and the broader cryptocurrency market is optimistic, it's important to note that Galaxy Digital CEO Mike Novogratz cautions that a surge to $1 million in 2026 would imply severe economic instability in the U.S. rather than pure Bitcoin success.
Consensus on Upgrade and Price Test
Bitcoin developers are projected to reach consensus on an upgrade in the upcoming year. Bitcoin is expected to test or exceed $185,000 in Q4 of 2025.
At the time of writing, the AUM for spot Bitcoin ETFs stands at $106 billion, a significant increase from the previous year. The growth in Bitcoin's AUM in 2025 is attributed to both record inflows and Bitcoin price appreciation throughout 2024.
Previously, Galaxy Digital CEO Mike Novogratz predicted Bitcoin could reach $500,000 if the U.S. incorporates it into its strategic reserve. These predictions, while ambitious, reflect the growing interest and confidence in Bitcoin and the broader cryptocurrency market.
Investing in Bitcoin might reap rewards, as Galaxy Research predicts it could reach $185,000 by the end of 2025, even surpassing $150,000 by Q1 2025. On the other hand, Ethereum is also expected to grow significantly, potentially breaking the $5,500 mark and having a staking rate exceeding 50%. These predictions signify a bullish outlook for major cryptocurrencies, influenced by institutional adoption, government recognition, and advancements in technology.
