Bitcoin price outlooks for 2025 have been getting bolder and bolder as the end of 2024 is nearing. Among those who have been making them are prominent Bitcoin supporters and influencers in the cryptocurrency sphere who boast big fortunes and are expected to indeed be able to predict where asset prices will go.
Some of these predictions have reached crazy levels as they promise a minimum of half a million dollars per one BTC. These outlooks have been fueled by largely growing institutional interest towards the largest digital currency, macroeconomic instability, the narrative of BTC as a store of value similar to gold. Another powerful driver has been the recent victory of a pro-crypto candidate in the US presidential election – Donald Trump.
The most notable predictions for 2025 and beyond have been made by such reputable figures as Mike Novogratz, Robert Kiyosaki, Michael Saylor, Cameron Winklevoss, and Cathie Wood. Each of them looks under their own angle at why Bitcoin could reach new unbelievable and astronomical highs starting in 2025 as they mention adoption trends, market fundamentals, and rapidly changing economic conditions.
Mike Novogratz, CEO at Galaxy Digital, former Goldman Sachs partner and a long-term Bitcoin supporter, believes that in 2025, or perhaps slightly later, Bitcoin could reach $500,000. Novogratz attributes this enormous price target to Bitcoin’s key feature – its supply limited to 21 million coins and Bitcoin getting increasingly adopted by financial institutions in the US. He stresses that Bitcoin is quickly becoming more powerful as digital gold, attracting both institutional and retail investors as a tool to hedge inflation and fight the devaluation of the US dollar. According to Novogratz, big market players like BlackRock and Fidelity have made their bet on Bitcoin by creating spot ETFs and are now reaping lavish inflows on those. All these factors, he believes, are likely to drive BTC to $500,000.
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Investor and entrepreneur Robert Kiyosaki, the author of the ‘Rich Dad Poor Dad’ best-selling book, keeps offering a similar bullish outlook as he predicts that by 2025 Bitcoin is likely to overcome $500,000. His take is based on his deep criticism of the traditional financial system and financial markets. Since 2020, he has been constantly writing on social media and stating in his interviews that excessive money printing by the Fed Reserve and other central banks, along with the rapid increase of the US national debt are destroying the value of the US dollar. This creates a massive need for a save haven asset, like Bitcoin.
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He prefers to bet only on BTC, though, but also on silver and gold. Kiyosaki believes that Bitcoin’s scarcity, which is growing rapidly, makes it a perfect hedge against the US dollar which has been swiftly losing its purchasing power. Eventually, Kiyosaki believes, traditional markets will see an epic crash. For him, $500,000 is only a beginning, though. By 2030, he stated, Bitcoin is likely to reach $1 million thanks to the way AI will change financial markets by then.
This week, Kiyosaki publicly (in an X post) agreed with Michael Saylor that ten years from now Bitcoin may reach $13 million per coin.
Michael Saylor, the co-founder and executive chairman of the business software company MicroStrategy, has been making the boldest predictions regarding the Bitcoin price in the future. He was one of the first who suggested that Bitcoin can reach $1 million and eventually become even more expensive. His conviction stems from the belief that BTC will eventually be adopted worldwide as the primary reserve asset, it will replace gold and perhaps even fiat currencies in some countries. MicroStrategy has invested billions of US dollars in Bitcoin in the last four years and it even issues debt notes to raise billions more to buy BTC with. Thus, Saylor and MicroStrategy demonstrate strong confidence in Bitcoin, betting on its top properties as scarcity, security, and decentralization.
For him, as mentioned above, Bitcoin will inevitably jump first to $1 million and then over to $13 million per unit. He expects Bitcoin to hit $100,000 as early as November or December this year.
Cameron Winklevoss, a co-founder of the Gemini crypto exchange, also reckons that Bitcoin is likely to reach $500,000 if not in 2025, then certainly in the next few years. His argument is that Bitcoin has strong parallels with gold in almost every way but BTC is portable and protected against censorship unlike gold. Winklevoss believes that eventually Bitcoin will reach gold’s market capitalization, which stands at $11 trillion. This would help BTC jump to $500,000.
Cathie Wood, chief executive officer at Ark Invest has made a prediction that has become the most ambitious of all those above. She believes that in 2025 Bitcoin will likely reach $1 million and by 2030, it will soar to $1.5 million. Her rationale about this is that Bitcoin is taking more space in institutional portfolios, it is becoming widely adopted as an inflation hedge. Besides, she believes that BTC can easily transform financial systems in the future. She sees Bitcoin as a global decentralized asset which is bound to thrive in the “VUKA” (Volatility, Uncertainty, Complexity and Ambiguity) world of the future.
