Matrixport predicts: Bitcoin may rise to $160,000 in 2025 without significant pullbacks

ChainCatcher news, according to CNBC, the crypto financial services company Matrixport stated that the price of Bitcoin could reach $160,000 by 2025.

Matrixport's head of research, Markus Thielen (also the founder of 10x Research), said: "This outlook is supported by the ongoing demand for Bitcoin ETFs, favorable macroeconomic trends, and the expanding global liquidity pool."

Thielen also noted that due to the growing number of dip buyers for Bitcoin, along with strong institutional support, the expected pullback in 2025 will be "less pronounced."

Matrixport had previously predicted in 2023 that Bitcoin would reach $125,000 in 2024.