Bitcoin to $250K by 2025? Crypto Pundit Says Buckle Up

Crypto’s favorite orange coin might be gearing up for a moonshot—again. A prominent analyst claims Bitcoin could hit $250,000 next year, shrugging off skeptics like Wall Street still figuring out how to spell ’blockchain.’

The Bull Case: Halving Hype and Institutional FOMO

With the 2024 halving in the rearview, supply shocks could send prices stratospheric. BlackRock’s ETF approval didn’t hurt either—turns out boomers like Bitcoin when it comes wrapped in a ticker symbol.

Reality Check: Volatility Isn’t Dead

Remember 2022? Exactly. But if macro conditions play nice (read: the Fed stops pretending inflation is ‘transitory’), crypto’s king might just laugh all the way to the ATH bank.

Whether you’re stacking sats or rolling your eyes, one thing’s clear: in crypto, the only certainty is a 280-character hot take.

A widely followed crypto analyst says that Bitcoin (BTC) is gearing up to skyrocket to $250,000 this year.

In a recent interview, crypto analyst Scott Melker, also known as the Wolf of All Streets, highlighted increasing institutional interest and waning volatility as key catalysts that could propel the price of the premier crypto higher.

“$250K this year, totally possible,” Melker posited, noting that Bitcoin’s volatility has dropped drastically in recent years.

“It used to be about three times as volatile as the S&P. Now it’s less than two times.” Melker mentioned increasing participation from pension funds and exchange-traded fund issuers as evidence of a more mature and stable market.

According to the analyst, the reduced volatility mirrors a wider trend of institutional adoption. “The more institutional money, the more Wall Street money, the more long-term holders get involved, the less volatility there’s going to be,” the Wolf of All Streets explained.

“Extremely Bullish Backdrop”

The crypto market has been on a tear so far this year. Bitcoin has recently rebounded above the $105,000 mark, while Ethereum (ETH) jumped back above $2,500.

Coinbase’s inclusion in the broad-market S&P 500 stock index is a significant milestone for the crypto industry, providing millions of average investors and model portfolios with exposure to a crypto-focused company.

The S&P 500 tracks 500 of the biggest publicly traded companies in the United States across different sectors, including tech, healthcare, finance, etc. Notable names in the index include Apple, Microsoft, Amazon, and Google.

Melker observed that Coinbase is not just joining the index, but is becoming one of the top 50 companies by market cap, indicating how entrenched some crypto firms have become. 

Moreover, other crypto-centric companies like Galaxy Digital and eToro are going public, a sign of growing confidence in the regulatory atmosphere under the TRUMP regime. 

The pundit believes that this environment, buoyed by dismissed Securities and Exchange Commission (SEC) lawsuits and pro-crypto executive orders, has created what he deems “an extremely bullish” backdrop for the industry.

Despite being optimistic, Melker still noted that most analysts are generally predicting cycle peaks between $120,000 and $150,000. Nevertheless, he stressed that parabolic rallies are not uncommon in the crypto world.

“From the 2020 lows to the last bull market, bitcoin went from $3,000 to $69,000. A 2.5x from here wouldn’t be a big deal.”