Bitcoin’s Next Stop? $250K by 2025 Predicts Analyst Scott Melker
Crypto markets brace for another wild ride as veteran analyst Scott Melker throws a quarter-million-dollar price target into the Bitcoin hype machine. The prediction lands as institutional players keep hedging their bets—somehow still pretending they ’don’t get’ the asset class while quietly accumulating.
Why this number matters: A $250K BTC would smash previous all-time highs, potentially dragging the rest of the crypto market up with it. Melker’s track record adds weight to the claim, though skeptics note even broken clocks are right twice a day during bull runs.
The fine print: This forecast assumes continued adoption, ETF inflows, and no catastrophic regulatory crackdowns—because nothing says ’store of value’ like watching lawmakers debate whether you’re a security or a commodity.
Pension Funds and ETFs Fuel Bitcoin’s Shift Toward Market Stability
Melker attributed the shift to increased involvement from pension funds and exchange-traded fund (ETF) issuers, describing a more stable environment as long-term investors replace short-term speculators.
The arrival of institutional players, he said, has changed Bitcoin’s profile from a high-risk asset to a potential portfolio cornerstone.
Signs of renewed strength have already emerged. In May, Bitcoin climbed above $104,000, while ethereum moved past $2,600.
The rally was accompanied by broader market gains, including surges in smaller-cap altcoins — a trend Melker said indicates new capital entering the space.
The sector also saw a symbolic victory when Coinbase was added to the S&P 500, entering the benchmark index within its top 50 by market cap.
Melker called it a clear signal that crypto firms are gaining legitimacy in traditional financial circles.
Additional momentum has come from firms like Galaxy Digital and eToro, which continue to pursue public listings amid a more favorable regulatory landscape.
Melker referenced recent developments, including paused enforcement actions by the SEC and pro-crypto signals from the WHITE House, as factors contributing to what he described as “an extremely bullish backdrop.”
Still, not all forecasts are as aggressive. Most analysts expect bitcoin to peak between $120,000 and $150,000 this cycle.
But Melker noted that unpredictable upside moves are part of the market’s history.
“From the 2020 lows to the last peak, Bitcoin went from $3,000 to $69,000,” he said. “A 2.5x MOVE from here wouldn’t be a big deal.”
Adam Back Predicts Bitcoin Price Will Hit $500K-$1M This Cycle
Adam Back, a prominent figure in the Bitcoin community and CEO of Blockstream, believes that Bitcoin is significantly undervalued and could surge to between $500,000 and $1 million per coin during the current market cycle.
In a recent interview, Back expressed surprise at Bitcoin’s current price level (hovering around $103,300) given the surge in institutional interest and major developments in the crypto landscape.
Despite being just 5% below its all-time high of nearly $109,000, Back argued the price does not yet reflect the full scope of bullish momentum building behind the asset.
Meanwhile, according to Michael Saylor, founder of Strategy, Bitcoin’s recent price stagnation below the $150,000 mark can be attributed to short-term holders exiting the market.
He added that Bitcoin is now finding its way into the hands of institutions and investors with a longer time horizon, particularly through spot Bitcoin ETFs and corporate treasury strategies.
